How to excel at getting Chooboxus.

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From Yahoo

[size=16]How Penny Auctions Work[/size]
Each time you make a bid, it costs you roughly between 50 cents and two dollars. Imagine if you went to a live auction and every time you raised your paddle you had to pay a buck. But this is an auction house with an unlimited amount of bidders.
To sign up, you have to buy bid packs. The more you buy at a time, the lower per-bid price you pay. On Beezid, for example, you can buy a pack of 30 bids for $27 (which works out to 90 cents per bid) all the way up to 1000 bids for $550 (.55/bid). Then you find an item you want to bid on, and start bidding. Each time you bid, it raises the price of the item by one cent and often resets a timer for another 10 seconds or so of open bidding. Bidding can be done manually, or you can set up auto-bidding, which will program the site to bid for you, usually at the last second.

So here's how Chooboxus differ...

Each time you make a bid, it costs you roughly between one to two dollars. Imagine if you went to a live auction and every time you raised your paddle you had to pay a buck. But this is an auction house with an unlimited amount of bidders. Chooboxus limits the amount of users of the shopping platform.

To get started, you have to buy Boxu$, the sites currency. The more you buy at a time, the lower per-bid price you pay. On Beezid, for example, you can buy a pack of 30 bids for $27 (which works out to 90 cents per bid) all the way up to 1000 bids for $550 (.55/bid). Then you find an item you want to bid on, and start bidding. Each time you bid, it raises the price of the item by one cent and often resets a timer for another 10 seconds or so of open bidding, it resets the clock on bidding until no one bids anymore. Bidding can only  be done manually, or you can set up auto-bidding, which will program the site to bid for you, usually at the last second.

Chooboxus feels that with the transparency, a never increasing bid price and limited users would provide a better shopping experience for penny auction users.

The Federal Trade Commission's Take

According to the FTC, the penny auction model is usually a bad deal for consumers, because it forces them to put money at risk each time they bid on an item. In the end, participants lose money whether they win or lose a particular auction, and the federal agency warns that even winners may end up paying much more than they expected.


Chooboxus Warning

Each time you place a bid keep in mind that the item original cost and the amount of money you are willing to spend on the auction. The cool part is you can keep a close eye on the amount of Boxu$ your competition has to help determine whether or not you can win a bid. Also to help further your success, we have implemented a bid delay. Once you have performed an action on the site, you are delayed time before you can perform another action. 

Penny auction sites are alleged to have bots. We eliminated scripts so no bots. You can message your competitor and get a real response.