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⚪ Unregulated Commercial
No Gaming License Needed

Auctions

Unregulated Commercial Operations

Bid on premium items in real-time. The highest bidder wins — no chance element, no gaming board oversight required. Simple, transparent, competitive.

5%

Buyer Premium

None

Regulatory Body

Real-Time

Bidding

Protected

Escrow

01

Place a Bid

Browse active auction lots and place your bid. Each bid must exceed the current highest bid by the minimum increment.

02

Watch It Live

Auctions run until the closing date. You'll be notified if you're outbid so you can counter immediately.

03

Win & Pay

When the auction closes, the highest bidder wins. A 5% buyer premium is added and funds are released from escrow.

Sponsor Earnings Calculator

Estimate your potential ROI from sponsoring this Auction

Adjust Your Sponsorship Details

Use the sliders to see how different sponsorship amounts impact your earnings

₵1,000

Your cash sponsorship commitment

500

Estimated number of participants in the campaign

₵50

Average spend per participant

1.2x

Brand exposure multiplier (premium branding increases reach)

Potential Earnings

₵480

From revenue share + brand exposure

Estimated ROI

48.0%

Return on your ₵1,000 investment

Payback Period

2.1 mo.

Months to recoup your sponsorship

Earnings Breakdown

Total Participant Funds:₵25,000
Platform Fees (3%):₵750
Your Revenue Share (40%):₵300
Brand Exposure Value:₵180
Total Earnings:₵480

12-Month Cumulative Projection

If you repeat this sponsorship monthly for 12 months

123456789101112Month01500300045006000Cumulative Earnings (₵)

Ready to become a sponsor and start earning? Join DrawBid and unlock revenue sharing opportunities across multiple campaigns.

Become a Sponsor

Disclaimer:

These calculations are estimates based on typical campaign performance. Actual earnings depend on campaign quality, participant engagement, market conditions, and platform fees. Past performance does not guarantee future results.

Unregulated Commercial Operations

Auctions are not subject to PNG Gaming Board oversight — the highest bidder wins with no chance element. Standard commercial business rules apply with fast launch times.

No gaming license required
Highest bidder always wins — no chance element
Real-time bidding with instant notifications
Escrow protection — funds held securely until close
5% buyer premium added to winning bid
Sealed bid tender option available

Auctions are commercial transactions — not gaming. Escrow funds are held and released only on successful auction close. Disputes are subject to DrawBid's standard commercial dispute resolution policy. Terms & Conditions →

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