Has anyone ever won on quibids.com?

[kono]

It's a crap shot to win anything on there. Lets say you're interested in buying a 50inch Samsung LED TV. The only problem is there are 100 other people who want the same tv. Ever time someone place's a bid the clock resets to 0.20 seconds. So basically the only way you can win is if the other 100 people give up on that item. It's stupid IMO. And who knows how long the action will go on? It may say 0.15 seconds left but that doesn't mean shit. It could go on for hours.
Has anyone on here ever won anything? And how much money did you end up spending on the item once everything was said and done?

There should be a reverse escort auction site - Terb-bids.ca - FredZ what do you think...?

 

[Butchers Dog]

It is a scam or close to it. Tons of info out there if you Google it.

 

[EntertainmentMan2000]

It is a scam or close to it. Tons of info out there if you Google it.

What he said.

 

[Ceiling Cat]

How many people do you know that will go for it because it is a promise of something for nothing?

 

[Anynym]

There should be a reverse escort auction site - Terb-bids.ca - FredZ what do you think...?

Turbid. Hmm
http://en.wikipedia.org/wiki/Turbidity

 

[Twister]

I hate their spam sometimes on the side of the monitor, I run spybot but can't get rid of these cocksuckers..........

 

[rafterman]

Yeah they advertise on BNN all the time. I was curious and googled and 10% said they got something 90% said rip off. Apparently you have to buy virtual bids which is the scam?

 

[FTWWTF]

Ive never won anything on the site. But its not a scam. the thing you have to rememeber is that the Ipad touch that goes for 23 dollars. It actually makes them much more, it only goes up a penny at a time, and each bid costs .60 cents. so that Ipad is actually bringing in like over 1200.00 dollars. Sure the bidder only pays for his bids, but they make so much money off the stuff they sell. If you read the terms and conditions , and all the FAQs of the site, they are upfront with all of their fees, and services.

 

[DELETDrileydaniels]

There are many videos on youtube of how its a scam

 

[Anynym]

Ive never won anything on the site. But its not a scam. the thing you have to rememeber is that the Ipad touch that goes for 23 dollars. It actually makes them much more, it only goes up a penny at a time, and each bid costs .60 cents. so that Ipad is actually bringing in like over 1200.00 dollars. Sure the bidder only pays for his bids, but they make so much money off the stuff they sell. If you read the terms and conditions , and all the FAQs of the site, they are upfront with all of their fees, and services.

What you're describing is more of a lottery than an auction site, where the "winner" (last man standing) is paid out a fraction of the ticket purchases ("bids") of the other players.

 

[blueman]

there is a similar site www.nomorerack.com which appears to be slightly less of a scam . . . what do you think?

 

[thewalker]

Admit it, the only reason you are interested in finding out about Quibids is because of the hot ladies they use on their commercials.

 

[Mervyn]

Ive never won anything on the site. But its not a scam. the thing you have to rememeber is that the Ipad touch that goes for 23 dollars. It actually makes them much more, it only goes up a penny at a time, and each bid costs .60 cents. so that Ipad is actually bringing in like over 1200.00 dollars. Sure the bidder only pays for his bids, but they make so much money off the stuff they sell. If you read the terms and conditions , and all the FAQs of the site, they are upfront with all of their fees, and services.

I don't think you understand , just because QUIBIDS makes money off it, does not mean it's not a scam , it's a scam because you pay for your bids, regardless if you "win" the auction or not.

 

[Ceiling Cat]

Obviously, a huge amount of people have to put in their $0.60 bids and Qbids has to make a huge profit before one person can get the $16 Ipad. At what point does the penny action stop and the lucky winner is chosen? Is it 5000 or 25,000 bids?

 

[blopar]

How about terb-bids.ca? What's up with that?

 

[Hangman]

I won some little items, never tried for the TV or iPads. I ended up paying as much for bids as I might have for the various items, plus I had a bit of fun.

It's not a scam. People always say that if anyone else makes money and they're all butthurt about it LOL.

 

[tisitwon]

there is a similar site www.nomorerack.com which appears to be slightly less of a scam . . . what do you think?

Nomorerack is legit. The reality of it though is that you'll generally only have a chance at their 9 regular daily deals (actually, usually only about half of those are available to us in Canada). The "insanity deals", which are the ones they use in their ads, only run for a few minutes when they happen, so you can really only get one if you're lucky enough to stumble onto the site at just the right time. Unlike Quibids and similar sites though, you're not paying for bids or anything like that, so you do only spend money, when you buy.

As far as the bidding sites go, the trick is to not start bidding too early (you can usually see past prices that the item has sold at), and realize that the cost to you is the final selling price, plus the cost of the bids used. Some bidding sites also let you see how many bids the winning buyer used; you can do the math to figure out how much they actually paid in total.