Limited Bid Auctions Now Live - but are they worth it?

Limited bid auctions provide limited bid auction experts the chance to psych out their oponents to predict what other people will bid on given the limited number of bids available.

Some people don't like them as they feel it's obvious that the sum of all the bids is higher than the value of the prize so it's clear that the site is making money from all the people that don't win. However, other people see it as having more of an element of skill than normal auctions, believing that people will be more likely to forget about the mid range bids that normally get filled up quite quickly.

There are now a couple of limited bid auctions on Lucky Hammer. You could win a DAB Alarm Clock and iPod Dock and a Nespresso Coffee Machine.