This short video captures the essence of what makes Bid-Bob.com a great place to get a low cost IPAD, IPAD 2, LEDTV, LCDTV, and much more. Bid-Bob.com, a penny auction website based in Winston-Salem, N.C., launched on Thursday May 5, 2011, with an option for shoppers to purchase bids at a 20 percent discount before product auctions begin on May 19, 2011.