Credits available question

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My home page indicates that I have a remaining balance of 4.75 credits. What does this mean? Does each credit equal one future snipe? Is there an expiration date?
old*****rat
Hello Jeff,

Your account uses the old system which was a 1% deduction per snipe (with a $5 max). Once you have used up that balance, your account begins fresh, on the NEW system. Balances and/or snipes never expire under either system.

The NEW system gives you free sniping, or you can choose to upgrade to get lots of extras:

http://bidslammer.com/help/upgrade

Thanks for your patronage! ;)
bidslammer