While both the traditional and penny auction offer the buy it now option, that is the only feature they share.  The traditional auction can last up to a week or more. Winners are simply awarded as the last one that bid when the time ran out. Often the competition is heavy. Many instances render a product being paid full price for and in some cases even more.

With the penny auctions the fun is much more intense. The clock is constantly moving up and down based on bids or the lack of them. Knowing when and how to bid is the primary ingredient in becoming a winner. All tips and rules should be followed to the letter in order to enhance your expertise as a player. If you need to choose between the two variations, make yours the penny auction.

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