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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

 

For more information please view the full terms and conditions.

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