I bid one penny on that poker tournament!

A UK company - Bidibot.com wants me to do just that. It’s an interesting little site that I just found out about. Sort of an eBay for the poker player. At least most of the auction items do seem to be poker related. Okay so here’s how it works. You sign up for a bidibot account. You then can bid on a variety of poker packages, tournament entries or casino credits. The bidding period is timed and each time a bid is placed, time is added to the event. When time runs out, the top bidder wins.

So far, the bids I’m seeing on the site are going for pennies on the dollar with savings in the 90% range. I don’t know if we’ll always see savings that big or if this is because the site is fairly new and not yet tested in the wide poker community. If the values are this good, word is going to get out and the bidding is going to become more intense.

Even though the bids are great now, I’m going to recommend just a bit of caution on the site. Not because I’m seeing anything wrong with it but because I’ve seen bidders get carried away on sites like ebay and pay more of a second hand item than it sells for in the stores. And poker players are competitive enough already.

But word on Bidibot is going to get out there because the site will be live and onsite for Poker in the Park 2010 at London in September. After that, the great deals may be just a bit harder to come by.

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