The idea behind BidRivals isn’t that complicated.
They sell electronics, such as Sony Playstation 3, at a fraction of their normal retail price. How? By making it into an auction.
When the clock stops whoever has the bid wins.
Not that complicated really.
You can get more details on how the process works on their site.
While obviously winning isn’t that easy I’d view it as a good chance to get a high value item for a fraction of its retail price PLUS it’s saner option than a normal betting site…