How pardoo works
Pardoo is a real fun and exciting way to buy top brands for a fraction of their real price.
To get started, you need to register and buy bids. Bids cost $0.60 each and are sold in BidPacks of 25, 50, 100, 250, 500 or 1,000. Bidders have the choice of placing single bids, or, using an electronic bid assistant called the "AutoBidder" (see below).
The starting price for every product is always $0.00 (USD). Bids are raised by 1 cent at a time ($0.01), which keeps the final – winning - price low. You bid against the clock and others on the site. If no-one raises the bid before the clock has reached countdown, you win, paying the final price - which is usually at a great discount of the manufacturer’s retail price .
Next to each product you’ll see a clock, which shows how much time remains until the end of the auction. An auction closes when no one has raised your bid within the given time. If another user bids against you, the clock will start again.
The right to buy the product goes to the last bidder and by paying the closing price of the auctioned item, the product is sold to the user.
A typical auction window looks like this:
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Auctions begin every morning at 10.00 AM (EST) and ends in the next day at 1.00 AM (EST). Exceptions are auctions which have the marking of “24 hours”.
And remember...the countdown is on...
What is AutoBidder? How does it work?
The AutoBidder at Pardoo is a tool that you can use to place bids on a particular auction while you are away from your computer. This will keep you from sacrificing your freedom while enabling you to still pursue all the items in which you are interested. Only registered users can use the AutoBidder tool.
In order to place an AutoBid, you will first need to be viewing the actual auction screen for the item in which you are interested. Once there, locate the AutoBid box on the right side of the page, below to the remaining time. You will need to decide two things before placing your AutoBid.
First, you will need to settle on a price range in which your AutoBids will take place. Determining what range to use is completely up to you. If you think there will be a lot of interest in the item, you should probably put the range higher. If you think that there may not be too many people bidding against you, you might set the range lower. Again, determining that range is completely your choice. This is, however, where watching auctions and using an appropriate strategy may be to your advantage.
The second thing that you will need to decide is how many bids you want to use. Again, you will need to strategize to determine the amount you think will win the item. Note that when you book your AutoBid, of course, you can only book as many AutoBids as you have bids in your account, so make sure your account contains what you think you will need to win.
Once you have booked your AutoBid, you...wait. Once the timer counts down just seconds remaining in the auction, and the price of the item is within the range you specified, your first AutoBid will be placed. If the timer then counts down to zero, you win. If someone else bids against you, another of your AutoBids will be placed, so long as the current price of the item is still within your specified range. This process will repeat until the item is either out of your specified price range, all of your AutoBids are exhausted or, hopefully, the auction ends with you as the winner.
To remove AutoBidder simply click on “Stop AutoBidder” button.
