Stay clear of this website.
penny auction scam
Beezid is a scam site that is mass-advertised on television for their prices,stating that you could get stuff "up to 99% off". The site requires you to buy bids in order to participate in these "auctions". That's where they make their money. Each bid bought (70¢ to $1) raises the price of an item by 1¢. If an item's price goes up by $1, then beezid.com already made $100. Furthermore, beezid's algorithm reveals another scam, where bots with unlimited bids automatically jack up the price and make you (if you were bidding on the item) lose all of the money you paid on the bids used. They also have a "no refunds" policy, where you can't get your money back for bids lost.
I would never go to this site, even if I was taken hostage by beezid themselves.