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How does one person spend 3500$ on a 180$ tablet: write a bot. You tell it to "buy any item at ≤10% retail price if the remaining time is ≤1s". Sounds reasonable, even if you pay a few cents for the losing bids, right? ;)


How does one person spend 3500$ on a 180$ tablet: write a bot.

Each time someone makes a bid on your penny auction have the bot automatically make a pretend bid using a fake user. When people finally stop bidding, make a final bid from another fake user that has never bid before and win the auction for $0.80.

You don't even need the iPad!


The penny auction site usually provides the bots, too. "$1 per auction, use this automatic strategy."


If you bid when there is 1 second left the timer starts over - you cant snipe penny auctions.


Unless you are the person running the penny auction. In which case, keep sniping until people stop paying and then have a final fake bid to win the auction.


Which is why the bot ends up spending $3500.


More likely yet, it's a fake user that beezid runs to drive up the price




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