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Lowest bid wins is a new wave of of promotions, game and fun game for men & women of all ages to win Free gifts.

Many sites have cropped up that offer Free gifts, sweepstakes & Cash prize but bid4prizes.com remains my favorite to date.

Some sites offer free to signup and paticipate option. With the free option you have limited bids per day. While some sites offer bidding using browser interface, others offer bidding using your cell phone by sending an SMS.

What is the lowest bid & how do you win? If you have heard of this for the first time, read the next paragraphh carefully. In the lowest bid wins offers, many members bid for an item listed on the web site. You choose an item and place your bid amount. For example, if your bid is $1.99 for Iphone (list price $499).

Now to win and receive the item for which you placed your bid, your bid amount should be the unique and lowest bid amount. The moment another member places the bid with the same amount ($1.99), your bid is out of contention for being the winning bidder for the item.

Let us assume there were 5 bids: $00.01, $00.03, $00.01, $00.02, $0.07, $0.90, $0.02, $0.03 There are 2 unique bids, $0.07 & $0.90 The lowest unique bidder wins: the winner is the member whhose bid was $0.07. Currently the prizes offered are Apple I-Phone’s, HDTV’s, Designer Bags, SCION XB’s to Cash Prizes. There is a New winner everyday.

While some sites, you may have to pay the lowset bid amount, there are others where you don’t have to pay the lowest bid amount. Like it, go to google and search for lowest unique bid, you will see a list of sites where you can signup and start bidding. Warning: Use caution and do not overspend your time and money.

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