Shotto: Online Auctions in Cape Town, Western Cape
It is a new type of auction called a pay-per-bid auction, where participants pay a fee for every bid that they place on a timed auction. Each bid raises the price of the auction by a fixed amount and extends the time of the auction by a few seconds. When the time runs out on the auction, the last person to have placed a paid bid is the winner and gets to purchase the item at the auction ending price. The winner gets to buy the item at a great discount, usually 75% or more!
That's why thousands of people every day are putting their strategy skills to the test to get the best bargains available anywhere on the Internet.