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Nov, 11-2011, at 18:56:52
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New BLAZE Auctions: Timered Random Reserve, the New Penny Auction Hybrid!
First bidder to hit the hidden Boom Price wins the item immediately. Or,
High Bidder when timer runs out wins 120%-200% of Placed Bids.
See how our BLAZE Auctions work.
10 Bids Pack | Or Win 120%-200% times your Placed Bids
If the randomly-set reserve is not met and the timer goes to -0-, the winning bidder will be instantly credited with 120% to 200% of the bids they placed in the auction.
New Blaze Auctions: Win the item or Win a Profit on your bids. It's a Win-Win!
|New Blaze Auctions: The First Bidder who bids on the hidden Price Wins the Item. The auction closes immediately once this Boom price is bid upon regardless of the clock. You can outbid yourself until you hit this price. The Reserve is set Randomly by our system within the range shown below. The Timer resets up to 20 seconds. We hope you enjoy our new speedy, fun, and entertaining Blaze auction format. Blaze auctions have a 10 per day win limit.|
The hidden Boom Price is randomly assigned by our system within the range listed below. The auction will end immediately when this price is bid upon. You may bid as often as you like to be the first to pop the Boom Price! The countdown clock will continue while the random reserve is Not met. If the clock runs out, the high bidder will win 120%-200% times their placed bids. Blaze Auctions are a Win-Win!
| YES you can hit the Boom Price and Win with just 1 bid!|
Reserve: Auction continues until the randomly-assigned Boom Price (reserve) is bid upon. Once this price is hit the auction closes for the winner of the item, regardless of the clock.
Countdown timer: Keeps ticking until we have a winner. If the timer hits -0- before the reserve is met, the high bidder wins a profitable % times their placed bids. Clock resets up to 20 seconds for each bid placed.
Example 1: 20 Bids Pack. Blaze price range: $0.01 - $0.46. Random Reserve happens to be $0.11. Bidder 1 places 5 bids. Bidder 2 places 6 bids and the auction closes at $0.11. Bidder 2 wins the 20 Bids Pack at a great deal.
Example 2: 20 Bids Pack. Blaze price range: $0.01 - $0.46. Random Reserve happens to be $0.19. Bidder 1 places 5 bids. Bidder 2 places 8 bids. Bidder 1 places 5 more bids up to $0.18 and the timer runs out. Since the reserve wasn't met this time, Bidder 1 is instantly credited with 120% to 200% of his placed bids (he placed 10 bids total). Therefore, he wins 12 to 20 bids in this example, a nice profit either way.