jc
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huh?!
Joined on: Feb 13, 2012 19:58:20 GMT -5
Posts: 557
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Post by jc on Apr 12, 2012 22:59:37 GMT -5
I've always made the assumption that sites like that are scams, but I've also always wondered how exactly they go about business. Does anyone here have any personal experience with this kind of nonsense and can explain the whole process?
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Post by Happy Pizza on Apr 12, 2012 23:06:15 GMT -5
You pay for each bid you make, whether you win the item or not. So items like iPads and stuff can sell for 99% off, but if even people who lost the auction paid for a bunch of bids the site still makes money.
It's basically an alternative to eBay for people who won't do the math and are blinded by the promise of getting things for so cheap.
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jc
Superstar
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huh?!
Joined on: Feb 13, 2012 19:58:20 GMT -5
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Post by jc on Apr 12, 2012 23:11:57 GMT -5
That's absolutely brilliant. It really is.
james harden is a g
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Post by Y3RP: LA MARAVILLA!!! on Apr 12, 2012 23:14:03 GMT -5
You pay for each bid you make, whether you win the item or not. So items like iPads and stuff can sell for 99% off, but if even people who lost the auction paid for a bunch of bids the site still makes money. It's basically an alternative to eBay for people who won't do the math and are blinded by the promise of getting things for so cheap. this^ some these site do give u "free bids" but its like only 10 or so..... u know very well if u want such great items like the latest ipad....u going to need more then 10bids..... unless u bid last seconds. even so, it will jump so high! |
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Captain d00m - Mr. 3000
Main Eventer
Bringing death and destruction since 2005!
Joined on: Dec 2, 2005 20:52:43 GMT -5
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Post by Captain d00m - Mr. 3000 on Apr 12, 2012 23:53:17 GMT -5
You pay for each bid you make, whether you win the item or not. So items like iPads and stuff can sell for 99% off, but if even people who lost the auction paid for a bunch of bids the site still makes money. It's basically an alternative to eBay for people who won't do the math and are blinded by the promise of getting things for so cheap. this^ some these site do give u "free bids" but its like only 10 or so..... u know very well if u want such great items like the latest ipad....u going to need more then 10bids..... u nless u bid last seconds. even so, it will jump so high!Not only does the price go up, but a lot of sites have the timer restart. You could be on the last minute of a auction for hours, as long as people keep bidding. |
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Post by /X Metal Sorenges x "Mac Oh J~ on Apr 13, 2012 9:17:52 GMT -5
this^ some these site do give u "free bids" but its like only 10 or so..... u know very well if u want such great items like the latest ipad....u going to need more then 10bids..... u nless u bid last seconds. even so, it will jump so high!Not only does the price go up, but a lot of sites have the timer restart. You could be on the last minute of a auction for hours, as long as people keep bidding. I agree, I attempt to try this a few years back to see if sites like there were really true, I was bidding on a $50 Amazon Gift Card, I had 40 free bids left and I was winning the auction, we were down to the 0:02 mark and I was about to win then, BAM! 0:01 someone bids, and I'm like WTF O.O and I lost. After that I decided not to believe in bullcraplike this so easily but I knew for a fact what I was getting into and I knew that it's made for bums just trying to see how the system works. |
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Post by Ben - #6 Munchie on Apr 13, 2012 10:36:14 GMT -5
I know MadBid is legit, as I received my item from there.
Was a 4GB USB drive.
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The Hitman
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Posts: 2,377
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Post by The Hitman on Apr 13, 2012 14:27:04 GMT -5
Never tried it, but it gets my attention. Especially with the hot chick in the commercial.
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Post by /X Metal Sorenges x "Mac Oh J~ on Apr 13, 2012 14:30:45 GMT -5
I know MadBid is legit, as I received my item from there. Was a 4GB USB drive. Euro commercial site.. .___. |
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