DealDash Tips: Using Bids Wisely

Using Bids Wisely

Bids cost money, so I am sure we would all like to know how we could save bids on DealDash and still win auctions.

Place Extra Bids at Beginning                                                                                                                               Experienced players usually place only one bid at the beginning of an auction to make sure they do not get “locked out” and save the rest of their bids for later. Sometimes this is a good strategy and sometimes not.  Why? Some auctions close early, so you might not get the opportunity to return and place the bulk of your bids later. Therefore, it might be a good idea if you place 11 to 31 bids in the beginning of an auction just in case it closes early. In fact, this is a winning strategy some players use, and sometimes they get lucky.

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Last Two Players                                                                                                                                        Why place bids when an auction still has six or more active players?  It is a waste of bids to compete when the auction is not going to close yet for a long time. Look at the history of this auction. Many auctions will close at about the same cost they closed at before. If the auction is close to its previous closing cost and is down to the last two or three players, it might be the best time to place the bulk of your bids. Some players do not like using this option because it means you have to closely monitor it. That’s why it’s a good idea to bid only when you have enough free time to watch.

Game of Chance                                                                                                                                                      Another way to conserve bids is a little risky, but can work. Let’s say the auction is down to the last two players. If you place only 20 bids for every dollar, you would be forcing the other two players to use up 40 bids each for every dollar. Of course, you are taking a chance the auction could close when you have no bids in the auction. On the other hand, by conserving bids in this way, you might have the most bids left at the end when they might be most needed to win.

Submitted by: Barbara L. Sellers

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