I am in the tech/internet world and came across these guys last year: www.bid4africa.com
- Penny auctions
- Bids cost R10 for 100
- You can only buy that amount and only via SMS
- Auctions end when the timer stops, no continuation-type bidding timers
Also write articles for tech...
Smokoo may become illegal gambling says DTI
Penny-auctions will not be considered auctions and can be regulated under gambling regulations, said the South African Department of Trade and Industry
has anyone else checked out how the smokoo.co.za auction site works?
I had a read through the 'how it works' this morning. having to buy bids seems a little evil.
if I need to pay for each bid I make then I've invested in an auction item
smokoo can then use bots to bid on the item until...