Well after signing up and checking it out...
For each bid you make costs you money.
So here's the strategy..
Sign up with the lowest bid package they offer and pay for it. Should give you 40 bids.
Then, look for beginner auctions for bidding packages, preferably the "Nailbiter" auctions (which doesn't allow their bidding proxy robot to bid on your behalf). Try to go for the 75 bid package and go for it during the early morning, like 3-5 am PST - you have a decent chance of winning it without it costing you a fortune.
Do that a couple more times to get your bids up to 700-1000 bids...
Then once you've got your eye on something you REALLY want, bid like hell to get it... wait until it's higher priced before jumping in, so your not wasting bids... look at some of the recently closed auctions for the average price so you know when to jump in.
That should do it... or you can get very lucky and bid once and get the item on first try
You never know!