Finally, penny auction websites behave like gambling operators in providing tips for This is a view vindicated, in the UK, by the Gambling Commission itself. Penny auctions. In a penny auction participants pay a fee to place small incremental bids on items they want. Once the auction has ended the last participant to. But the UK's Gambling Commission has refused to acknowledge penny auction sites are gambling operations, something 8eyu.com agrees.
Uk gambling commission penny auction -
You may even end up thousands in the hole. Of course, there can be only one winner so everyone else is left out of pocket. The "buy it now" option allows users to buy a product at a slight discount off the RRP. Last year Italy declared lowest unique bid sites to be illegal and shut them down. They do not gain any tangible benefits from bidding for your item and not winning. Items not sent and the worst customer service in the world. However, there were losses among the gains.