|Description||Online fairest reverse auctions|
SitnBid.com is an reverse auction website which allows you to participate in reverse auctions based on a tournament structure. The Tournament is a game structure used for example in online poker and which places all participants on an absolutely equal footing.
After several months observing the various online reverse auction websites, we came to a clear conclusion: playing on a reverse auction site can be an expensive business.
Why? Because when a player has to pay for each bid placed, the costs mount up very fast.
So we put our minds to creating a concept that would allow everyone to participate in reverse auctions for a very reasonable outlay.
SitnBid.com is the result of all our hard thinking.
We chose the name SitnBid.com because the concept we offer is very similar to the type of game you find on online poker sites: sit-n-go. When you play on SitnBid.com, you donâ€™t pay each time you place a bid: you only pay to access the auction. This principle allows you to play within your own personal limits and avoid running up excessive costs.