Has a friend or family member recently started gushing to you about DealDash? Are you facing competing waves of positive recommendations and negative warnings about these sorts of online auction sites? Here are the basic facts you need to know in order to come to a fair conclusion of your own about such sites.

Detractors Have An Axe To Grind

DealDash and other sites like it are classic examples of the "penny" auction. This is a business model where every bid placed on the site's auctions costs the bidders money. By collecting a small but significant fee from large numbers of bids, the operators can afford to sell off premium merchandise at amazingly low prices. You'll find a lot of people railing against penny auctions and calling this business model fraudulent, but this really amounts to a moral objection to the entire concept, not necessarily any failing on the part of an individual operator.

Go In With Realistic Expectations

One thing that's clear from reading reviews of the services rendered by DealDash is that the site expects a certain level of maturity and common sense from its bidders. The obligations and mechanics of the auctions are laid out clearly to all visitors during the registration process. If you review this information carefully and ensure that you have a complete understanding of how the site works, you can get a first-hand look at the auction process without putting yourself at risk. Be aware, for example, that providing your credit card details during the registration process will automatically purchase your first pack of bids.

As with many services, online penny auctions aren't suited to every user. Some people simply can't tolerate any level of risk in their shopping process. Other users are more risk-tolerant and even derive considerable enjoyment from competing for the chance to achieve huge savings on fine merchandise. To determine whether or not you're cut out for this kind of auction, getting your hands dirty and giving it a try is the only way to know for sure.