# Paying to Play on a Penny Auction
Without a doubt, penny auctions or pay to play auctions is becoming fantastically popular on the Internet. The idea of making incredible deals while saving scads of money is a major draw to thousands of people.
Many sites are in existence and are well known, while new sites keep coming to the forefront on an almost daily basis. Even though you have to subscribe and pay to play, these simple rules are not a deterrent to the participants.
As the name implies, a person only bids one penny at a time. The amount, or fee that is paid for these bids, is predetermined by the item up for bid. It is the fee that actually aids the site owner in being able to pay for the item that he has up for bid. Most often the winning bidder can get a great bargain with immense savings.