A lowest unique bid auction (also known as a reverse auction) is a fun new way to buy quality products for cents.  The way a reverse auction (lowest unique bid auction) works is that participants bid for a particular item by submitting blind or sealed (ie secret) bids and the winner is the bidder who places the lowest unique bid.  A "unique" bid, means one in which the bid amount offered is the only one of that value.

Reverse auctions (lowest unique bid auctions ) will accept bids at bid increments (usually 1c).  Some websites have bid increments of 10c to boost the final sales price much higher.  The lowest unique bidder is the person to bid the lowest amount that no one else bids and is declared the winner upon the conclusion of the auction.  The winner of the auction (the person with the lowest unique bid) is the only person who pays their bid amount for the item.

Reverse auctions, or lowest unique bid auctions, are a guaranteed fun way  to gain the opportunity to buy brand name and quality items for  up to 99.99% off retail price. 

blotto.com.au has the best reverse auction system on the net which helps you manage your bids, trace your past bids and transactions and earn money through referring your friends.

We also believe we have the best products and great customer service with most queries answered within 15mins.

We hope to see you soon.