We’re all familiar with auctions because it has been around for a very long time. However, the modern age has added a twist to participating in auctions, and now we have discount bid websites like DealDash. However, what’s great about sites like these is that you have the opportunity to save more. However, is DealDash really worth the hype and craze? How does the bidding on DealDash work? In this review, we will answer all the questions you may have.
What Is DealDash?
DealDash stands apart from other auction or bidding sites because it’s considered a penny auction site. Founded by William Wolfram, DealDash was created to provide people with a platform where they can have fair online auctions. It wanted to operate differently from the already-established penny auction sites and put its customers first. That being said, DealDash was indeed able to bring major changes to the usual penny auction format.
For one thing, DealDash allows you to receive your bids back if you lost the auction and decided just to buy the item. Not only that, the platform has a money-back guarantee in place for your very first bid pack purchase. In other words, if you change your mind about DealDash or you simply don’t like the way it operates, then the company will offer you a refund on your first purchase.
How Does It Work?
As mentioned, DealDash is a penny auction site, which means there’s a wide variety of items that are up for bidding. You’ll find clothing items, gift cards, consumer items, retail goods, bedding, and more. If you don’t know how a penny auction works, the process is quite straightforward: you are free to bid on whatever item you see on DealDash. Whenever you do bid on an item, the item’s price increases by $0.01.
Each item has a timer, and every time you place a bid, 10 seconds gets added to the countdown timer. This is how DealDash is able to offer competitive bidding to its customers. Plus, this timer ensures that another interested customer won’t outbid you on the last second since another 10 seconds will be added.
DealDash also offers bids that come in packs. These packs are available in fixed amounts (50, 100, 150, and so forth).
DealDash has multiple features that make it more interesting than other penny auction sites out there. We’ll list down some of these features below so you have a better idea of what DealDash has to offer.
The Bid Buddy feature is a unique system that DealDash has in place. It gives you the option to appoint how many bids you want to place on a particular item during a bidding session. This allows you to go about your day and not painstakingly wait by your computer, as the Bid Buddy will take care of everything for you.
You can earn badges on DealDash by accomplishing certain tasks. For instance, DealDash will give you badges when you post reviews, win auctions a certain number of times, and more. Earning these badges can also earn you free bids, along with recognition on the site.
One great thing about DealDash is that you have the opportunity to earn free bids. Your account has a time meter, and when you fill it up, DealDash will offer you free bids. The website also has a leveling system, and you can also earn free bids through this system whenever you advance your level.
Even though DealDash already offers discounted rates, you still have the opportunity to receive great promos up to 50% off. In other words, you can save even more if you know how to play your cards right.
What’s the Downside to DealDash?
Of course, DealDash isn’t perfect, and it has its own issues too. For one thing, DealDash isn’t available internationally, so only people who live in the United States can enjoy what the site has to offer. And even if you live in the US, there are still limitations. Namely, DealDash only ships the items to the lower 48 states, which means that if you live in Hawaii, Alaska, and other countries outside the lower 48 states, the company won’t be able to ship to you.
You could take this positively, though, as fewer people means you have a higher chance of winning. But this also means there are fewer products available to bid on. Another downside to using DealDash is that there’s no way for you to keep track of how much you’ve already spent on a certain item. This is because bids are purchased in packs, which functions similarly to how casinos require you to use chips. After all, you won’t think much of the value each chip (or bid) represents.
For instance, if you’re participating in a bid that’s going for $0.60 and you’ve decided to place 20 bids in that particular item, this means you’ve already used up $12 just for that auction alone. If you win that auction and the item you won costs less than $12 off the retail value, this means you’ve lost money instead.
So, is bidding on DealDash worth it? Our opinion on this matter is somewhat mixed. If you know how to manage your money and you’re really careful about how much you’re bidding, then you definitely have the opportunity to save a lot and win awesome deals. But if you’re not careful, participating in penny auction sites is one major way to end up losing money instead of saving it.