Biddez is a unique auction where users purchase Auction Passes, representing a flat fee required to join an auction. Each Auction Pass costs $5, and users will use one or more Auction Passes to join an auction. All users will be credited 25 bids when they join an auction, and users will not be allowed to “buy back in.” Each time a bid is placed, it will decrease the auction price from $0.10-$0.50, depending on the price of the item. If the price of the item falls below $0, the winning bidder will be PAID TO WIN! In addition, a Bid Timer will reset after each bid. The Bid Timer will begin with a 15 second countdown, and gradually decrease to 10 and 5 seconds as the auction progresses. The last user to place a bid before the Bid Timer expires wins the auction. Biddez’s Auction Catalog feature offers the winner a selection of items within the Auction Passes’ price range. Basically, the auctions will offer dozens of choices for you, the winning bidder, to choose from. We hope you win, but if you lose the auction, you don’t lose your money! All used Auction Passes can be redeemed for the full $5 in our Biddez Store. The Biddez Store offers a wide variety of items for retail sale, price matched to our competitors.