Penny Auctions.

The 1heluvadeal Penny Auction is a fantastic new auction concept where the winner of each (item) auction walks away with an unprecedented bargain.

This new concept allows people to walk away with Brand New high ticket items such as big, flat screen TV's costing more than $1,500.00 for as little as $150.00.   NO!! This is not a misprint, $150.00 is correct.

In case you are wondering how this is possible,  I will explain...  Example only... If an item like the TV is selling retail for $1,500.00, 1heluvadeal divides the price of the item into 10 "Bid Positions"  Each bid position costs $150.00 this means only 10 people are allowed to bid on the TV.

At the start of the bidding process 1heluvadeal places 325 FREE "BidClicks" in each of the 10 bidders accounts, BidClicks allows them to place a bid.  They now compete with each other when the bidding starts. 

There is a COUNTDOWN CLOCK.  As each bid is placed, the clock increases in time by 10 seconds then immediately starts counting down to zero again, if the clock is allowed to reach zero, which means no one placed a bid within the 10 second time period then the last person to place their bid when the clock reaches zero time wins the item (TV).

The other 9 people who did not win, subsidized the price of the TV for the winner,  thats how the winner is able to walk away with a great deal.

1heluvadeal allows individuals to post their own items for sale on their web site.