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Please read my disclosure for more info. :: Auctions With All of the Fun and None of the Risk :: Review and Giveaway is a new auction site where you can bid on gift cards. You obtain bidding points by purchasing a gift card. Therefore, you never lose. You get the gift card no matter what, and you also get the points that you can use to bid on more gift cards!
  1. You purchase reward points (aka “bids”) in $25 increments (each dollar equals one reward point), and get a reward card to a retailer of your choice (including restaurants, movie tickets, LLBean, Nike Store, etc.) for the same amount you spend.  Reward cards are shipped free and arrive in your mailbox in 2 to 4 business days.  Yes, this means your reward points are FREE after netting the value of your reward card!
  2. Use your reward points as bids on highly-desirable gift cards that are put up for auction at a starting price of $.00 and for a pre-determined auction time.  Each time you cast a reward point, the auction price goes up by $.01 and you become the highest player.
  3. In the last two minutes of the auction, things heat up. Each time a bid is placed, the auction time increases by 20 seconds in order to give other players a chance to respond to rival bids. It’s like being at a live auction with the auctioneer pronouncing, “going…going…gone!”
  4. If you’re the lucky winner when the auction clock ends, you have the right or option to buy the gift card you want at the ending price, which can be over 90% OFF RETAIL!

Look at some of these recent auctions. I want a $25 Starbucks Gift Card for $1.90! I was able to try You Never Lose and was given 20 reward points. It is really simple to use. There are only six active auctions happening at once so it is not too overwhelming. Just make sure you study some live auctions before you start bidding. You will be in some bidding wars. I ended up not winning anything. But it was fun trying, and at least I still have a gift card even though I lost! It truly is a win-win! Confused? This video does a great job of explaining in more detail.

So what are you waiting for? You Never Lose is going to give you 10 point bonus when you register and purchase your first gift card! Just use the code LAUNCH10. Plus, one lucky reader is going to win two tickets to AMC Theaters and 25 points to play!

Connect :: You can find You Never Lose on their website. You can also keep up with them on Facebook and Twitter

Buy It :: You can purchase reward points in increments of $25 and you will also receive a gift card for the same amount. You Never Lose!

SPECIAL OFFER :: You Never Lose is going to give you 10 point bonus when you register and purchase your first gift card! Just use the code LAUNCH10.

Win It :: One {lucky} reader will win TWO tickets to AMC Theaters (RV $25) and 25 reward points to play!

How To Enter :: Just use the simple form below to enter! This giveaway is open to US only. Must be 18+ to enter. Giveaway closes on April 25, 2012 at 11:59 pm EST. Only one person per household/IP address may enter. Good luck!

a Rafflecopter giveaway

Disclosure: I did not receive any financial compensation for this post. All opinions are my own and uninfluenced by anyone else. I did receive free product(s) to facilitate my review from the company or their PR agency. This giveaway is in no way associated with Facebook or Twitter. See my full disclosure.