Gift Card Auctions

I recently found auction sites online for buying gift cards at an extremely low price. I have tried out YouNeverLose.com and I did not like it. I don't know if I am like the last person to know about auction gift cards but I thought I would share my experience with it. YouNeverLose basically you buy points from them and spend the points on bids for these gift cards. After all the biding is done and over with the usual outcome is the winner ends up buying a 100 dollar gift card to walmart for 3.00. The reason they name it YouNeverLose is because when you buy the points you are actually also buying a gift card of your choice to certain places. So the you basically buy a 50 dollar gift card to a Nike store and then you have 50points/bids to use to bid on the other gift card auctions available. Sounds great right? Well here is what they don't mention. This is pretty much like a penny auction. You could buy that 50 points and use nearly all of that up on trying to buy that one gift card that you could really use and still end up not winning, then you have to go buy yet another gift card another store to have more bids. One bid is worth 1 cent. So when you someone wins that gift card that went up to 3.00 that's literally 300 bids. You only had 50 to use. Also on the sites facebook page I have noticed people saying something about biding bots. The auction site owner could have bidding robots basically keep bidding until the have reached a high enough price for the card then actual people would bid. Basically you could be bidding against a robot or employee of the site and use up all your bids. Because of this I found it almost impossible to win anything at all, plus I ended up with a gift card I would probably would have never spent money on otherwise. I might be different if they had a walmart gift card you could purchase for points because I always shop and spend my money there anyways so really I would not be losing anything then, but they only had gift cards to places like Nike, and other expensive places I can't afford to shop at. There is another site I tried out though called GiftCards4Less.com. This site seems a little easier to win but I would not recommend it because this site gets so little traffic that it could take literally months for an auction to win. It's the highest unique bid type of auction. For a 100 visa gift card you pay 9dollars per bid and can bid up to 10 times. You wait till all 40 bids have been place and the bidder with the highest unique bid wins. Duplicate bids don't win. For more info you can check out the site but be warned I spent 10 bucks to place 5 bids on a 50 dollar Starbucks gift card and it's been a month and I am still waiting for 16 more bids to be placed on this card for the auction to end. End note, you may have the intention on trying these gift card auctions to spend 10dollars on a 50dollar card and save some money, but I have yet to find one really worth putting money into.