This may be old news, but I figured I'd open a thread regarding the site. If you're familiar with penny auction sites, you know it's kind of a lottery. You typically spend $0.60 per bid and the price of the auction goes up by $0.01. Meanwhile the clock increases by 10 or 15 seconds. When the timer runs out, you win. Nothing new here. I'm sure many of you who are familiar with Quibids or other penny auction sites, you've probably noticed a buy-it-now option. Quibids puts all bids you purchased towards the buy-it-now price. So, you don't lose any money if you decide to buy the product in the end. So where am I going with this? I recently won a $50 gift card to Sunoco and saved around 34% after you count bids etc. That's not always the case though, sometimes I don't save any money and I just buy-it-now and sell it or use it. Breaking even is possible if you decide to buy the item after you have exhausted all of your bids. I've been able to make an okay profit using the site. Is anyone else doing this and is this a sustainable method?