I thought there had to be a catch.

I just found a site called bid4prizes.com.  It's got a great gimmick!  You enter the lowest ORIGINAL bid and that bid wins the product.  Sounds like a trick, no?  So I scrutinized it.

First, you have to log in.  Surprise!  It's FREE!.  You can get a premium account for about ten bucks that lets you vote more often and via mobile phone, but the standard one with ads is a freebie.  I'd go for that, so I joined.

Then I watched a short video on how the whole thing works.  Basically you make a bid in cents and keep bidding until the end of the auction--but the catch is you have to have the lowest UNIQUE bid--nobody else can have bid the same amount.  If that happens the new lowest unique bid becomes a penny over the last.  When the auction time limit is up (usually a few days or weeks) you don't even have to pay what you bid!  They give it to you free!

So I went to the lowest bid website and bid on a $500 Starbucks gift card.  Both my daughters work at Starbucks so I spend a LOT of money there!  Maybe it will bring me luck.

I have to be honest, I'm sure this website makes money somehow, but I don't know how and I really don't care. Bidding there is MUCH more fun than traditional auction sites!  And who knows, maybe I'll get a free latte.  Or a hundred free latte's!