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-   -   Anyone bid on Penny Auctions? (https://www.yorkietalk.com/forums/off-topic-discussions/240107-anyone-bid-penny-auctions.html)

BabyFidgette 01-12-2012 11:52 PM
Anyone bid on Penny Auctions?
 
1 Attachment(s)
I do, and I love them. I've won a lot of great things for cheap: 60" Plasma TV, Dyson vacuum, toaster, toaster oven, knives, video camera, cordless phone, Margaritaville concoction maker, 32" TV, lots of gift cards, Dyson Fan, Four iPads, and I can go on....

So, anyone bid on them? If so, which ones? I like Quibids the best, but am a member at a lot. I use the same name on the auctions (BabyFidgette).

Below is a pic of my 60" TV. In those two big boxes for Xmas were other things I won (Wine fridge and Rotissere).

Also, if you decide to join please let me know and I can PM you a link (I get free credits). If you want to know more, just ask! Many people think they are a scam. Most are, some are not.

kjc 01-13-2012 12:11 AM
I joined one place (can't remember which) but I was highly disppointed bc they showed cameras on their propaganda pages but when I got to the actual auctions I couldn't find camera one.

BabyFidgette 01-13-2012 12:16 AM
Quote:
Originally Posted by kjc (Post 3788223)
I joined one place (can't remember which) but I was highly disppointed bc they showed cameras on their propaganda pages but when I got to the actual auctions I couldn't find camera one.
Yeah, there are a lot of sites that buy a pre made script for a penny auction. These have all the pictures on them like cameras, tvs, iPads, etc. Then they go and sell crap! You want an auction where you can see the stuff before buying bids!

McheleM 01-13-2012 12:39 AM
Quote:
Originally Posted by BabyFidgette (Post 3788207)
I do, and I love them. I've won a lot of great things for cheap: 60" Plasma TV, Dyson vacuum, toaster, toaster oven, knives, video camera, cordless phone, Margaritaville concoction maker, 32" TV, lots of gift cards, Dyson Fan, Four iPads, and I can go on....

So, anyone bid on them? If so, which ones? I like Quibids the best, but am a member at a lot. I use the same name on the auctions (BabyFidgette).

Below is a pic of my 60" TV. In those two big boxes for Xmas were other things I won (Wine fridge and Rotissere).

Also, if you decide to join please let me know and I can PM you a link (I get free credits). If you want to know more, just ask! Many people think they are a scam. Most are, some are not.
Pm me a link...I need a tv for my office...

cheryl19 01-13-2012 03:33 AM
PM me also, I'm a big ebay fan but the cost can go high.

chachi 01-13-2012 05:41 AM
Pm me also, I shop on ebay all the time so Im interested

Cha Cha 01-13-2012 06:18 AM
I would like the link. Sounds interesting. My hubby is always shopping for a good deal. Thanks.

abbey46923 01-13-2012 06:20 AM
Same here, my hubby is a shopper, i would love the link please. Thanks

EarthAngel 01-13-2012 07:44 AM
Please send me the link...never heard of penny auctions. Really interested in this! Thanks!! :D

Roccosmommy 01-13-2012 07:51 AM
I did try Quibids once, but was very disappointed in their "penny" auctions, which I think is false advertising. They don't tell you that for every "penny" bid you place, that bid costs 60 cents (so that "$84" iPad winning price actually collected over $5K in bids!). Also, I could never win, even on the small items. They set a time limit, but if a higher bid is placed within so many seconds of the auction's end, the time resets (to a minute or two I think?).

If you have any tips and tricks you'd care to share, I'd love to hear, since I would not mind giving it another shot if I could possibly win something. BTW, CONGRATS on all of your winning - you really cleaned house! :)

nancyf007 01-13-2012 08:29 AM
pm me a link as well

Nancy1999 01-13-2012 08:49 AM
Quote:
Originally Posted by Roccosmommy (Post 3788407)
I did try Quibids once, but was very disappointed in their "penny" auctions, which I think is false advertising. They don't tell you that for every "penny" bid you place, that bid costs 60 cents (so that "$84" iPad winning price actually collected over $5K in bids!). Also, I could never win, even on the small items. They set a time limit, but if a higher bid is placed within so many seconds of the auction's end, the time resets (to a minute or two I think?).

If you have any tips and tricks you'd care to share, I'd love to hear, since I would not mind giving it another shot if I could possibly win something. BTW, CONGRATS on all of your winning - you really cleaned house! :)
Do you lose your money if you don't win the item? In other words, do you pay either way?

You guys might want to read this before you join. http://scamadvocates.com/18-Quibids.html

DvlshAngel985 01-13-2012 09:07 AM
How does that work? I've never heard of this before.

Nancy1999 01-13-2012 09:18 AM
Quote:
Originally Posted by DvlshAngel985 (Post 3788475)
How does that work? I've never heard of this before.
This site explains how it works: Quibids.com Reviews - Legit or Scam?


Quote:
QuiBids.com is the largest penny auction website currently operating in the United States. Penny auctions have been around for awhile, but have only recently gotten lots of attention from people outside of the penny auction community.

Penny auction websites attract people to them by promising expensive, big ticket items at unbelievably low prices – for example, QuiBids shows a new iPad, which retails at $499 for the most basic model, selling for $22.54. But this winning bid of $22.54 is misleading. This isn’t the truth of how much it costs to win that iPad.

The way penny auctions work is that you are only able to bid a single penny at any time during the auction. However, at QuiBids.com, you must purchase each 1 cent bid for 60 cents. So an iPad that retails for $499 but was won for the grand total of 2,254 one cent bids (or $22.54) which actually cost 60 cents each means that the iPad just sold for $1352.40.

Though the person who wins the item usually has paid less than retail for what they have received, citing $22.54 as the winning bid is extremely misleading.So is QuiBids a Scam?
All penny auctions, regardless of reputation, are a bad idea and should be avoided.

First of all, QuiBids.com and other penny auction sites require people to pay for the option to bid, but don’t allow them to bid in increments of their choosing. This means that QuiBids is forcing the price up and profiting all the while.
It's a gambling site not a bidding site, you are paying to bid and gambling that you'll win the bid, if you lose the bid, you also lose all the money you bid.

DvlshAngel985 01-13-2012 09:22 AM
60 cents per bid sounds really expensive!!!


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