Our gift card resources page lists a couple of sites (Bidees, DFWbid) that have special types of auctions where you bid on items with specially purchased auction credits and any bids that are not winning are lost. From the get go I felt these were nothing more than scammy auctions that benefited the company much more than the customers, and the tech blog TechCrunch has an excellent post on a similar site BigDeal that shows just how stupid these type of auctions are. Think of them as a pyramid scheme – the winner of the auction probably gets a decent deal, but everyone else, the vast majority of people, get screwed.