New penny auction site geared towards poker

LONDON, England -- (PRESS RELEASE) -- A brand new 'penny auction' site, Bidibot.com, for action hungry poker and casino players is born. Players will have a new way to get their hands on poker and casino credits and will give them a more cost efficient route to some top online poker tournaments by avoiding satellites. It's the most sure-fire way to win, in poker, for less.

The concept is simple. Once at bidibot.com, players bid on auctions such as poker tournament packages, poker or casino chips and credit. Players can place as many bids as they like until the auction is over.

For example – let's say a player is interested in $500 credit on Betfair Poker. They enter the auction, which starts at $0.00 with a countdown timer of approximately five minutes. Each bid in the auction is set at a fixed price of $0.01 and every time a bid is placed, 30 seconds is added to the countdown timer. When the timer hits 0, the last person to bid wins the auction item – so $500 credit on Betfair Poker can be theirs for as little as 1 cent.

Bidibot.com's penny auction concept not only offers real value for money, it will provide online poker players with the kind of opportunities and packages that they are unable to access elsewhere at such discount costs.

John Tabatabai, CEO of Bidibot comments: "Just as eBay found a new way for people to access discount goods, bidibot.com has stripped away the financial barriers that prevent many poker players from developing their game and playing in higher stakes events."