In short, no! Unlike gambling where the return on your upfront investment is directly related to luck, our auctions do not contain the same risk factor as luck and chance. The reason for this is because you are not waging your money on the probability that a certain event will happen. Instead, you are spending your money on a bid to place on an auction, that you have a fair chance of winning.
In our auctions, success depends on the exercise of skill & judgement by the participants and does not, as it does in a lottery, rely wholly on chance.
In a Bids2help auction you are given information whether your bid is the lowest unique, not unique, or unique but not lowest. This gives you the opportunity to develop a bidding strategy. We also provide a list of all completed auctions which show the winning bid and all bids that were placed, further helping you to strategize.
The Gambling Commission also confirms the above on their website.
