In case you’ve been in a cave the last month, Beezid is a new penny auction site that works fairly simply. You purchase “Bids” and then use these “Bids” to try to win an item. Every time an item is “bid” on it raises in price by one penny then resets the timer by 10, 20, 30, or 45 seconds. If you win an auction for $6.50 you than pay just $6.50 for the item. If you can sneak in, bid one time on an item and get out then you’ll make a small fourtune on items. In the last 7 days, I spent a total of $27 for bids at Beezid to get me started, and I’ve got items worth over $2,500 from them by sneaking in and making the last bid. It’s all about the timing and being patient.

The secret is all in the timing, if you are only online during the day or early afternoon, you’ll be competing against a lot of people, many of whom don’t get the concept of the site and will bid, bid, bid and will end up costing you hundreds in bid credits. Most of the time big ticket items will only go once per day, but they’ll last all day and then at night slow down until a winner gets the item.

To increase your chances of winning the following ways are way to dominate Beezid to make thousands by heading over to eBay after you win and selling the item.

  • Try to only use Beezid late at night in the EST or CST time-zones. Bidding greatly slows down during these times as well as site usage.
  • Don’t get into a bidding war with people you see using the AutoBid feature.
  • Don’t use all your credits on one item. Diversify and try to only a max of 5 times to win the item. Each bid is going to cost you roughly .60 cents.
  • Research the item and try to find the last 3 averaging ending bids, when the item is getting close to the highest one you can expect it to end soon.
  • Try to bid with a full 20 seconds left and hope you can sneak by the bidders.

With those steps you can easily use Beezid to earn thousands of dollars per month with minimal effort and bidding only on select items at opertune times.