Wendy's giving away 'Ultimate Game Room' for a buck

It's not just cholesterol and square burgers that Wendy's is serving up, but gaming gear as well. A tipster sends word that the "waaaay better than fast food" fast food chain is running an online promotion called '99¢ Bid for Value,' with an "Ultimate Game Room" to be won for $1.

The catch? This is a "reverse auction," with visitors answering trivia questions in order to bid down a prize's price tag. The first auction-goer to reach 99¢ first wins the haul, with an Xbox 360, gaming chair and plasma television all up for grabs. A different prize is set to go up on the blocks every half hour starting at 11am EST today. The auction breaks down like this:

• 11:00 AM EST – 11:29 AM EST Microsoft - Xbox 360 Elite Console

• 11:30 AM EST – 11:59 AM EST Ultimate Game Chair - Ultimate Game Chair V3

• 12:00 PM EST – 12:29 PM EST Panasonic - 50" 720p Flat-Panel Plasma HDTV

• 12:30 PM EST – 12:59 PM EST Ultimate Game Room - Microsoft Xbox 360 Elite Console, Ultimate Game Chair V3, Panasonic - 50" 720p Flat-Panel Plasma HDTV

So set your watches, make with the clicking and good luck.