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> If there is no cost of entry then it isn't a gamble, because a gamble requires you to risk money. No. He said that they only charge you for the bids, and no
by jibiki 17y ago
> If there is no cost of entry then it isn't a gamble, because a gamble requires you to risk money.
No. He said that they only charge you for the bids, and not for the item, in these special auctions. So if you bid twice and win, you pay only 2 x $0.15, whereas normally you would pay 2 x $0.15 + whatever your highest bid was (I hadn't heard about these special auctions before, it seems like people would just keep bidding forever.)