Thursday, November 27, 2008

How to win a cheap Nintendo Wii

OK, so you are looking for a cheap Nintendo Wii system. Sure, if you are lucky you can find one in a local store, but they are usally not in stock. And even if they are, you still need to pay at least full retail. That's not someting I like to do.

I prefer to buy my electronics and game systems at a discount. So do a little searching on Google or Yahoo, and prety soon you'll see that there are these unique bid auction sites. These sites claim that you can bid and win a PS3 or an Xbox 360 or a Nintendo Wii, or any of their other items they have on auction.

Read the other post here for more details on what a unqiue bid auction is, then continue to read here to figure out how you can win one (or more) of those auctions. At Auctions4aCause.com for example, you can see how pepople bid on the auctions by looking at the winners pages. You will note several people who have won multiple auctions. Are they cheating? No, they just have a bid strategy.

Here is a great explanation of how to win:
http://www.wikihow.com/Win-a-Highest-Unique-Bid-Auction-at-Auctions4Acause.Com

But if you want to konw the short answer...you need to plan to bid multiple times as these auctions are skill based. Utilize the bids summay page that shows you how your bids stack up against others, then figure out how many bids you are willing to place to get this item, either for yourself or to resell on eBay or so.

Statistically speaking, the winner will ALWAYS be between the maximum bid amount and the maximum bid amount minus 1/2 the maximum number of bids.
For the example iPod auction:
The max bids accepted equaled 55
The Get4Price - which is the Maximum bid amount - was $6.74
55 / 2 = 27 (rounded)
$6.74 - $0.27 = $6.47 - This is the worst case lowest bid that could win the auction. Do not bid less than this....

Make sense? If so, go and get yourself that cheap nintendo wii fit bundle, if you are not entirly clear on the concept, just register, get a free auction bid credit and give this a shot without risking anything.

Enjoy!