How are such deals possible?

BidRodeo is a new auction model. In traditional auctions, the end price is often quite close to what someone would normally pay in a store. However, with BidRodeo, most of the time the end price is much lower. This is because it costs a small amount of money to place each bid.

Since each auction participant has to pay a small amount for every bid, they bid smarter. As the price gets higher, they think a lot harder about whether it is worthwhile to place the next bid. Since bidding is not completely free, no one bids recklessly and the auction ends with a much lower end price. Therefore you can get an amazing deal when you win an auction.

BidRodeo is a penny auction site based on competition between users. You have to outbid your opponents to win great deals. If no one else bids on an auction, the current high bidder will get the deal. If you do bid, you become the high bidder. If no one else bids, you will win. Since each decision does cost a little bit, people think hard before bidding, so if you do win, the price is fantastic.

If you would like a more detailed introduction, please take a look at the tutorial.

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