In order to participate, registered bidding-1must first buy Bids before entering into an auction. Bids cost 60¢ each and are sold in lots (Bid Packs) varying in amounts from 60 to 1000 bids. Standard auctions begin with an opening price of $0.00 and every time someone bids the price increases by $0.01. The auction clock restarts from a maximum of 30 seconds every time a bid is placed. If no new bids are placed before the clock runs out, the last and highest bidder is declared the winner of the auction and owns the rights to purchase the auction item at the final sales price within 14 days of the auction ending.dealdashdealdash

Bidders who are unsuccessful at winning an auction can choose to purchase the same auction item at retail price ("Buy it Now") within 7 days of the auction ending and get back all the bids used in the auction for free. A company spokesperson says DealDash generates significant business from bidders who choose to "Buy it Now", with hundreds of orders processed daily.dealdash

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