HiLo Tickets is an auction style market featuring specifically event tickets. The penny-auction style is the first of its kind in the way that the company reimburses all customers in FULL for any amount of money spent on bid auction credits that do not result in auction victory.
The customer receives this reimbursement in the form of a promotion code credit, which can be applied towards any purchase on HiLo's "Buy Now" website. I.E. $50 credit from HiLo's auction means a $50 ticket is free.