Just saw this website
http://www.grababid.com/auctions
You buy "bids" which you place on items that will sell for $1. If you are the one with the current bid when the timer reaches 0 you win the item for $1 with free worldwide shipping. However, every time someone bids, the auction auto-extends. There is also an autobidder so you can set and forget
Are these a waste of time or what? Anyone had any experience with these?
I wonder if its worth putting a 20 on it? 3 things have sold in the last ten minutes for $1
This guy only bid once and got a Harmony 1000i for $1
http://www.grababid.com/auctions/view/17638