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Tuesday, April 21, 2009

Welcome to MrBidwin!


We provide one of the most exciting ways to win money on the internet today!

The service is unique as it combines online gaming with online auctions to create a fast, fun and exciting way for you to win money!

As you try it out we are convinced you will like it very much!

Enjoy!


How does it work?

We run auctions where the winner of the auctions wins money. The auctions work a little bit different that you may be used to;


We call them Penny Auctions

Every auction starts on 1 cent. The auction price only goes up with one cent with every bid placed.

If a bid is placed before the auction timer reaches zero, the auction is prolonged with the preset auction time. If no new bid is placed when the auction clock reaches zero, the latest bidder is the winner of the auction and wins the money!


How much does it cost to bid?

It doesn't cost anyting. It is 100% free. We will place 100 bids in your account when you become a memeber, which also is free. We will even put 100 free bids in your account every week. We want you to use these bids to win the money in our auctions.


Why are you doing it?

MrBidwin is a completely new service on the internet. We can't think of a better way for you to experience how great it is, than to try it out and win for free.

We will introduce auctions where you can win up to several thousand dollars. For these auctions we will charge a small fee for the bids. More on this later.


Opening hours

MrBidwin is open 24 hours per day 7 days a week.


Tips


There is no sure way to guarantee that you win an auction, but below are some tips that may increase your chances of success.


Place the bids late

Keep your eye on the auction timer and try to place your bid only a few seconds before it reaches zero. When there are only some seconds left, you know the auction will be closed if another bid is not placed. (be careful so you don’t place it too late and the auction already is closed when the bid is placed)


Keep an eye on the other bidders

On the auction detail page you can always see who the last five bidders are. Try to find patterns in how they place their bids. Timing is everything, and with a little bit of luck, you can jump in at the right time and place the winning bid!


Measure your opponents

How many bidders are active in the auction? The lower the competition, the higher is your chance to win.


Bid at the right time of day

We are open 24 hours per day, seven days a week. The number of bidders on the site varies during the day. Smart bidders use this to their advantage by bidding and winning when there is less competition.


The BidButler

The BidButler is one of the most powerful tools to win our auctions. You book your BidButler on the detail page of the auction you want to use it in. Make sure you have at least as many bids that you plan to use in your account, otherwise the BidButler will not be able to place the number of bids you want.


How does the BidButler place bids?

We have instructed the BidButlers to stay cool and only place the bids during the last seconds before the auction timer reaches zero. To use the BidButler you need at least two bids in your account.(otherwise you can place the bid manually)


How do I cancel a BidButler?

You can cancel a BidButler at any time, as long as the auction price hasn’t reached the amount from where your BidButler is activated. You cancel a bidbutler in “My Vault”.

Why did the auction end before my “amount to” was reached?

In order for you not to place more bids than you have ordered in the “bids allowed” box when the BidButler was ordered, the BidButler will stop to bid when these bids are placed, irregardless of if the “amount to” price has been reached or not.


What happens to bids that have not been used by the BidButler?

Bids not used by the BidButler are placed in your account here at MrBidwin for your future use. This may occur when you win an auction, but also if it’s won before an auction has entered the zone where your BidButler is active (between “amount from” and “amount to”). Another possibility is that your “amount to” price is reached without all your bids being placed.


Use the BidButler to your advantage

The BidButler is a very powerful tool to scare off other bidder, provided your timing is right. No one likes to be overbid several times by your Bidbutler and it may lead to your opponent giving up and you winning the auction.


Turn their BidButlers against them

It is common that the “amount to” value is set to an even price. When this happens, jump in and steal the win!


Fine tune your BidButler

When you use the BidButler do not set the “amount to” to an even price, since other bidders keep a close eye on the auctions when the price approaches an even number.


Web browsers

This site is optimized for the web browser Firefox.


Payout of won auctions

We currently payout won auctions using PayPal. More payout solutions will be added over time. Since there are fees associated with paying out money, we will pay out to to you every time you have won acutions together worth 20 USD.


Currencies

As you may have noticed our auctions are in US Dollars. As MrBidwin.com has users from many different countries it makes sense to offer auctions in the most widespread and accepted currency in the world, which is the US Dollar.


How do I know how much US Dollars is in my currency?

There are many available free services on the internet where you can converts US Dollars to other currencies. Below are two of them. Please note that exchange rates move and MrBidwin can neither be held responsible for such movements nor for the accuracy of these currency conversion services.

Oanda.com

Xe.com


Is this a betting, gaming or auction service?

This is a very good question we get a lot since MrBidwin is the first service of its kind. According to the rules and regulation in the country from which we operate, Sweden, it has been decided by the relevant authorities to be an auction service.

From many of our users, we get the feedback that MrBidwin is an exciting mix of betting, gaming and auctions.