Is there a skill to reverse auctions?

Many people will be surprised to hear that experienced "reverse auctioneers" think that there's an element of skill to getting the prize you're after.

Just as people come across experienced bidders in auctions for antique furniture, some people feel the same about online auctions!

For example, think about this:

"I'm not bidding a penny 'cos everyone will!"

So does this mean that nobody will bid 1p? Usually, someone does but what is often the case is that people will jump from 1p to 12p or 64p or something higher. The numbers that often get missed or receive very low bid numbers are from 1p - 10p so it's often worth thinking about putting some bids in this area to make sure you don't miss out on the obvious deals! You'd be surprised what numbers are left over!

As if to prove this point, on Lucky Hammer recently a crate of wine was won for 2p and a Plasma TV was won for 6p!!!

Perhaps it's a game of nerve more than a game of skill...

Though, if you do believe in the skill element, there's more information here.