Perhaps you have come across the websites which offer low bid auctions on various items. This is a new concept where contestants like you can bid on various exciting prices on offer and if you make the lowest unique bid, you win! Registration is free; so why not try your luck ? Low bid auctions are gaining in popularity and is really fun to join, bid on them and win free gifts.

Today I came across Bid4Prizes.com implementing the same concept of “lowest unique bidder wins” reverse auction game. You can either bid online or through SMS from your mobile phones to participate in the sweepstake. Their website is very well designed, user-friendly and has a good how-to guide if you are unsure about the mode of operation.

They are currently having free to participate auctions on items like Bose iPod Sound Dock, Zen vision, water scooter, Stiletto SL100, multimedia chair, canon powershot camera, epson movie mate, Apple iPhone and high value items like Samsung 50″ plasma TV; even a Scion XB car!

After registration, you can choose the auction item to bid on. Make your bid in cents. Say, you make a bid for $1.10 and when the auction closes, if none bids lower than or equal to $1.10 (the lowest unique bid), then you’re the winner! You only pay shipping charges and taxes if applicable. So what are you waiting for? Register with Bid4Prizes.com and bid now and win cash prize. Who knows, you might be the winner of a plasma TV!