This should be illegal advertising! What they don’t tell you is that you’re not bidding pennies. This is not like eBay or any other bidding type sites where you bid exactly what you want. You’re bidding the purchase of a “bid pack” NOT a penny. You MUST buy bid packs to bid. The price goes up a penny sure so you can pay that too at the end. It’s a SCAM. Quite smart and devious. It’s just a way to get around and state legally that an item sold for far less, when it actually did not! When you add up all the bid pack purchases almost always you’ll find you paid far more than just buying the item. I’m positive some people got lucky at some point and got a good price. However, that’s not their business model that they set up. Be informed.
Recommendation: You’re not bidding just a penny