In an effort to keep people informed we are searching other blogs and forums and addressing negative issues here. Any opinions that are not inline with our sites practices are identified by the following: ** NOT OUR OPINION **. You can read our responses as they are marked ** OUR RESPONSE **.

Please feel free to read below this is entirely for informational purposes.

** NOT OUR OPINION **
The growth in so called Penny Auction websites is a concern to many people not least because it is easy to spend fortunes on bids only to win nothing. Many believe these sites are more akin to a lottery than a true auction. Yet do a little clever searching and you can find thousands of auctions ending where the merchandise is real and you can win for pennies.

** OUR RESPONSE **
People are turning to valid penny auctions as a way to stretch their dollars in this tough economic time. Our merchandise is carefully chosen and specifically targeted. We are trying to post only desirable items in our auctions. If we have a reserve at all it is a fraction of the actual retail price.

** NOT OUR OPINION **
Avoid Pay To Bid Penny Auctions

I believe the penny auctions being promoted heavily where you have to buy the ability to make bids are not real auctions. In my view, because the cash paid by bidders usually far exceeds the value of the item on offer and almost every paying bidder will inevitably lose, these are simply games of chance at best, where the odds are heavily stacked against participants. At worse, you may suspect many of these sites are simply scams.



** OUR RESPONSE **
The only way to avoid paying for bids on www.ubidplace.com is to refer new subscribers to register with our site. We award three bids free of charge just for registering to the new subscriber. We will also award bonus bids to current subscribers when they refer new subscribers to the site after the new subscriber has completed the registration process. We believe that the alternative penny auctions sites being promoted heavily where you have to buy the ability to make bids are not as much fun as our site.



** NOT OUR OPINION **
In my view, because the cash paid by bidders usually far exceeds the value of the item on offer and almost every paying bidder will inevitably lose, these are simply games of chance at best, where the odds are heavily stacked against participants. At worse, you may suspect many of these sites are simply scams.

** OUR RESPONSE **

Not one winner in any of our auctions has ever paid anywhere close to the retail price for item ever awarded from our auction. Our site is designed for fun. Yes we are in business to make money and yes raise funds for charities. The fact still remains the not any one auction winner has ever paid close to retail for any item in our auction including funds that were collected for their individual bids. The risk is spread out across the entire bidding pool not just one bidder. In any auction where there is not enough bidding we will close the auction refund the bids and replace the item with a more popular item.



** NOT OUR OPINION **

Many people, including me, are concerned that these unrealistic auctions should be regulated as lotteries or prize draws but, as I write, they are allowed to continue as they like. The total lack of regulation or oversight means nobody bar the operators can truly know if they are being run honestly and few people can be certain the bids they pay for have any real chance of winning anything. No doubt there will be some winners to help publicize the sites but how do any of us know if a particular game is rigged by the operators? For a start nobody knows who they are bidding against and where the bids are coming from which is an obvious cause for alarm bells to ring.



** OUR RESPONSE **

Many people in today’s World want to regulate everything. In our opinion we are subject to over regulation already in today’s world. That is the reason the world has the problems it has today is a lack of accountability not a lack of regulations. People rely to heavily on the government to research and define what is legal and not legal. In a free society your job is to educate yourself and make informed choices for your lifestyle not to allow someone else to do your thinking for you and then tell you how to live your life. Stop relying on some politician to learn for you he will only cost you more in the long run. People need to educate themselves and make informed choices then they cannot get ripped off by some unethical person or company.



** NOT OUR OPINION **

In my opinion a real auction is where you don’t pay a price to bid and it is the eventual highest bidder that becomes the only person required to pay in return for the item being sold. Call me old fashioned, but isn’t that transparent and fair? Nobody should be asked to pay for nothing unless it is made clear they are gambling or taking a chance they will lose.



** OUR RESPONSE **

There are many forms of auctions and 100% of them are about selling products to multiple bidders. If you are going to bid in any auction you should understand how they work and what you risk is. Make sure you clearly understand how that auction works before you get involved with is. We have posted how it works on our site and we have written many articles about our format. The objective is to have fun and win by using your disposable money to acquire otherwise out of reach products. If you are using our site for anything other than fun and entertainment that help sick children then you have missed our purpose.



** NOT OUR OPINION **

It worries me that some people will be wasting ever increasing amounts of cash chasing one of the glitzy prizes that always seem so tantalizingly close to being won until another mystery bid appears in the last few seconds. It is even more surprising that people are choosing to lose their cash this way when there are huge numbers of auctions ending round the clock on eBay where you will find the current bidding is at just a penny.



** OUR RESPONSE **

100% of our items are shipped directly from the manufacturer or retailer or you are given specific instructions as to how to receive the item you have won. We are in the business to provide a fun environment with real merchandise that is awarded to real people who win the auctions. Each auction has a time limit and reserve where applicable. Once the reserve is met then the item can be awarded. The reserve is never disclosed and the item is always award once it is met. So you can win very expensive item for a fraction of the actual retail price by bidding on the item. Also we never allow the item price to go up by more than one penny per bid sop the items release price is extremely affordable.



** NOT OUR OPINION **

Obviously not every auction you see on the traditional sites is going to appeal but with well over 100,000 penny auctions running at any one time on eBay. There has to be something that catches your eye! And if you make the winning bid - even if that is just a penny - you will win the item on offer.



** OUR RESPONSE **

We work very hard to select item and make arrangements for those item that are in high demand so you can find products here that you are interested in and we also have a poll where you can vote on categories to tell us what you are interested in. You can also submit and email at any time to our company. info@ubidplace.com

** NOT OUR OPINION **

With every penny you earn likely to feel more and more valuable as our weak economies manifest themselves in job losses and tightened belts, surely a real penny auction that costs nothing to lose is the savvy buyer’s choice?



** OUR RESPONSE **
We feel that in life you get what you pay for. We are not apposed to free bids in fact we award them to subscribers daily for certain promotions and for referring subscribers to the site. And in our site bonus bids and paid bids achieve the same results. The end result is we actually auction off merchandise that is brand new and carries original manufactures warranties so you can be sure that you aren’t buying something that is broken or of no value. What you do with that item after you receive it is entirely up to you, but the validity of its value and what purpose it serves in your life is entirely at your discretion. We try to make this fun and exciting, everybody like to win especially when it is a bargain. So please subscribe to the site, tell your friends about it and we hope you have an enjoyable experience with our site.

The object to any participant of a penny auction is to acquire otherwise more costly items/possessions at an extremely
affordable total investment. As far as safety goes for www.ubidplace.com, we only offer brand new items for auction. The charity auctions for the Cystic Fibrosis Foundation are 100% deigned to raise funds for the foundation. We host the auction, and send shipping information to the foundation and 100% of the proceeds are donated to the foundation for those auctions.



The only way a bidder in the auction can lose is to bid and not win any auction. Each item that is placed in a live auction is priced at a drastically reduced price so the winner bidder’s final purchase is relatively low in comparison to retail shopping for that item. As with any auction you want to prepare your budget before you start bidding. Your budget should include what you are spending on bids as well as the final price of the item. Do not use money that you cannot afford to spend and then there is no way to consider this site unsafe.



By design our site is here for subscribers to enjoy bidding and not get harmed when using the bidding platform. No subscriber can pay more than One Thousand Dollars to buy bids at any one transaction. We have set this up to ensure fair play.



We considers our subscribers as people who want to bag a bargain. We say this because the final purchase price of any item that is won at auction is substantially less than that person would have paid if they bought it directly from the retailer.



So please buy only the bids you want to use. Also setup your budget for the item you wish to bid on, and for further reference we have set up bid butlers to aid you in bidding on the auctions. If you have any further requests please email us at: info@ubidplace.com.