Well, it is quite hard to distinguish this terms auction and gambling because every person has his own notions and philosophy regarding it, it is well said that “One World Many Minds”. After all in this world everybody has full liberation to think and believe as they like or want. Similarly, I have my own opinions about these terms. Here, I am sharing my views towards auction and Gambling. It’s up to you whether you appreciate or denied my judgment. No! Actually, both phrases are dissimilar from each other in terms of meaning as well as utilization. To know more like how and why? Let stay tuned with this article only.
Why are auction bids not considered wagers, bets, stakes, or pools? This is true that for auctioning you have to spend the cash but their value, are not being wagered, bet, staked, or pooled cumulatively for the purposes of winning the sum total therein. These are merely the few pennies for playing the game. Legally, bids are labeled as a participation fee.
Gambling can be dubbed as the playing in, or wagering, laying a bet, staking, pooling money on contests, which might need some brilliant strategies, however, it is based mostly on luck or fortune, and includes lotteries as well. But auction is relatively differing from gambling where you all need is full-planned strategy.
The term Auction is used as the common name for various types of sales where the value is neither set nor arrived at by negotiation, but it’s all about the process of competitive and open bidding. Basically, Auction is divided into two parts, such as Forward Auction and Reverse auction. An auction is complete when a bid is accepted by the seller or the buyer. As it is an internet era which has transformed auction into truly open process so that tones of goods and services may be offered for bidding by anyone from anywhere and at anytime on websites like JeetLe.in.
JeetLe.in is one of the best online auction sites in India, who is delivering the appealing customer care services 24*7. It has made its very exclusive slot in online auction market and has now become the leading trustworthy website. The objective of JeetLe reverse auction site is that to provide the high-end products in just penny prices so that more and more people in India can also avail the benefits and comforts of those sophisticated products. JeetLe is a strategy based site once you get familiar with that particular strategy then no one can stop you to win. To learn the strategy you have to visit the site regularly because who are more experienced and more skilled win much more frequently. Always remember to read out the terms and conditions of JeetLe.
JeetLe has introduced a very easy to understand concept where the every bidder have to place a lowest as well as unique bids to win products. The website is also organizing the various interesting and grabbing contests and schemes for its winners and regular visitors. Moreover you don’t have to pay a single token for singing up to JeetLe. For more details log on to the JeetLe