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Detailed Description
- Bids must be placed in increments of cents and between $0.01 and $1000.00
- A Lowest Unique Bid is an auction where the player places a bid in cents that they feel that no other player will bid i.e. the lowest unique bid.
- A Bid Fee is charged per bid via SMS, This fee is $1.99 which is charged to your cell phone account when you place a bid.
- All bids are kept secret during the course of auctions and games.
- When auctions and games close, the person with the single lowest Unique Bid will be asked a qualifying question, if answered correctly they purchase the product/service at the cost of the Lowest Unique Bid. The following is and example of the type of skill question that we will ask: "What is the name of the team that won the 2007 Super Bowl?"
How does playersonly.net select a winner?
Assuming that the bids received were as follows:
Bid Price |
Bids Received |
Note |
$0.01 |
34 |
|
$0.02 |
9 |
|
$0.03 |
17 |
|
$0.04 |
57 |
|
$0.05 |
35 |
|
$0.06 |
1 |
Lowest Unique bid |
$0.07 |
17 |
|
$0.08 |
1 |
Unique (but not the lowest) |
$0.09 |
8 |
|
Then the player that submitted Bid Price $0.06 would be eligible to purchase the product/service for $0.06 because it is lowest Unique Bid that no one else has chosen
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For more information please view the full terms and conditions.