At www.mystarbid.com a new online auction site where winners are determined not by the highest bid, but by the lowest unique bid placed on a given item.
"I can't believe it!" exclaimed Vinky, pahang,upon hearing the news that her low bid of just $1.68 was good enough to win the PlayStation 3 auctioned on mystarbid.com in mid-December.
Farah is just one of many who are bidding on and winning dream items at mystarbid Auctions. Other winners include jeffrey ho,who paid just 40 Cents for an iPod Nano Red, Khoo Lai Lin,who paid just 15 cents for a $100 Gift Card, and Jim , who paid just $5.57 for a 42" LG Plasma TV. At Mystarbid, winners are determined not by the highest bid, but by the lowest unique bid placed on a given item.
Members of Mystarbid.com, which pre-launched on December 1, 2007, are calling it "the most addictive auction site in the world." Upon winning the $100 Gift, a Member from Jakarta exclaimed, "Mystarbid is for real and it is totally amazing and fun! It's a whole new way to enjoy auctions. I'll be buying some new CDs and gifts for friends!"
What makes mystarbid unique is that, instead of the highest bidder winning the item, as is the case with eBay, a mystarbid winner is the one with the lowest unique bid. Simply put, when the auction ends, the bidder that places the lowest bid that no one else has placed wins the auction and can purchase the item for the price of their low bid.
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