Online penny auctions have exploded across the internet. This new way of getting everything from gift cards to laptops offers successful buyers unbelievable values - literally pennies on the dollar. The variation on the auction theme comes with a caution, though: Let the bidder beware. You may lose a bundle.

Penny Wise: The Complete Guide to Saving Money with Online Penny Auctions is the first comprehensive handbook for bidders. Whether you're a novice player or a seasoned buyer, this book will help you win more often, save more dollars, and avoid common mistakes.This...