Any of you ever try Quibids?

[andgar923]

What's the word on this site?

legit or no?

It's kinda hard to trust online reviews because one never knows how legit they are, so I'm asking ya'll.

Does anybody have experience with this site?

Are the items they're selling legit?

is there any hidden costs/fees that I should be aware of or any other 'catches'?

[embersyc]

Never tried it, but I did all the research.

Basically it costs $6.00 for 10 bids.

That's right you have to pay for bids.

Everything being auctioned is auctioned by the site itself.

Now it's extremely unlikely you'll win anything with those 10 bids, because if you watch any auction they get a lot of bids.

So lets say an iPad ends up selling for $25.00 well that means it got 2500 bids at 60 cents a piece. It means the site really got $1525 for that iPad.

[kaiteng]

It is a semi-scam. You will very likely to waste you bids since others' auto-bid will steal yours at the last seconds, and the auto-bid will suck your money dry.

[sixerfan82]

Originally Posted by embersyc

Never tried it, but I did all the research.

Basically it costs $6.00 for 10 bids.

That's right you have to pay for bids.

Everything being auctioned is auctioned by the site itself.

Now it's extremely unlikely you'll win anything with those 10 bids, because if you watch any auction they get a lot of bids.

So lets say an iPad ends up selling for $25.00 well that means it got 2500 bids at 60 cents a piece. It means the site really got $1525 for that iPad.

Welcome to business school, in this lesson we learn about hidden costs and how nothing worth monetary value will ever be LEGALLY obtained for 10% of face value.

[LJJ]

Originally Posted by sixerfan82

Welcome to business school, in this lesson we learn about hidden costs and how nothing worth monetary value will ever be LEGALLY obtained for 10% of face value.

But, but, if I'm smart I may be able to abuse the system. (that has way worse odds than any casino)

[flipogb]

its gambling, give it a try with a small amount of money then quit if nothing happens

[Money 23]

Originally Posted by sixerfan82

Welcome to business school, in this lesson we learn about hidden costs and how nothing worth monetary value will ever be LEGALLY obtained for 10% of face value.

Yup, precisely. Or just the old saying, if it's too good to be true, it usually is.

[Bucket_Nakedz]

id like to try dat b!tch on the quibids commercial

[imnew09]

I tried it, and I bought an earrings that "supposedly" be worth about $170 bucks for 50 cents + 7 bucks for shipping. My friend got a new ipad for 60 bucks. But overall, I wouldn't recommend it because it's pretty much gambling which is addictive and waste of money.


If you really want to try it yourself, try bidding during night time because at night, it has less competition.

[DCL]

they'll have fun sucking 99% of your bids that go nowhere other than their pockets. i prefer ebay.

[Joshumitsu]

You'll get sucked up dry.

Better to invest/start your own business on Ebay or something.

[DCL]

it's almost as dumb as the lottery.

you waste bucks to try to win the jackpot.

but here you waste bids (which cost money) to try to win the $50 ipads.

but at the end, you just piss away money.