= CROWD AUCTION
A Crowd Auction is a multi-winner, automatically repeating auction.
Once a Crowd Auction is over, all non-winning Bidders’ bids
will roll-over and the Auction will reset and begin again - and the
specified number of highest Bidders (usually 1) will win that next
round of the Auction. Then, the Auction will keep repeating - creating
a new winner (or winners) each round.
Note: Some Crowd Auctions can have multiple winners at once (ie. during
a single round). These will be noted on their Auction Details page (like
this one).
Instant Rewards & Cash
Prizes from the Rewards Pool will be awarded to members who bid on this
Auction, live and in real-time throughout the auction bidding process. However,
you can set your Account to receive real-time spins for the Microbid Rewards
Slots instead. Update the "Rewards Preference" setting on your
Edit Account page
(towards the middle of the page).
AUCTION END DATE AND TIME: 4:59
PM EST on 12/30/2026
All Crowd Auctions must successfully reach/meet their minimum Reserve Goal (ie.
total bids by all Bidders - see above totals in green, digital font) before
declaring a winning Bidder of the Auction. A short review period will then take
place to ensure the Auction was fair and that no fraud took place - after which
point the confirmed winning Bidder will be announced and displayed on the
Auction Winners
page. Winning Bidders will then receive an offer to purchase the Auction for $1
and if the winning Bidder was referred by another member, then a Referral Bonus
of 10% (of the Auction’s Face Value) will also be paid out to that referring
member. See
Terms
for more.
How It Works
NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE
YOUR CHANCES OF WINNING. Open to legal residents of the 50 United
States, the District of Columbia and Canada. Void in Puerto Rico and
US territories and where prohibited by law. Must be age 21 or older or
age of majority in state/province of residence. Void where prohibited.
Odds of winning depend on number of eligible Entries received (ie.
submitted and/or entered). Promotion starts on July 1 8:00 AM EST
and ends at 4:59 PM EST on 12/30/2026. Skill-testing question required
if a Canadian resident is selected as potential winner.
Maximum value of Grand Prize varies based on the Auction and for
non-Auction based prizes is $1,000,000 USD. Note: Entries automatically
submit when you spin the Microbid Slot feature and/or when you
tap/click the "Place bid" button on the Auction Details page.
See
Official Rules
for more details, including how to enter without making a purchase (ie.
the Alternative Method of Entry). Sponsored by Microbid, LP, 4245 N
Central Expy Suite 492, Dallas, TX 75205
WIN AUCTIONS FASTER
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