QuiBids.com Reviews – Legit or Scam?
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.
On eBay, the seller and buyer have the auction monitored by the website, which is the trusted third party. On QuiBids.com, there is no trusted third party. QuiBids is the seller and the auctioneer. It works in their favor – and their favor only – to drive the price up in these small 1 or 2 cent increments.
QuiBids attempts to redeem themselves by offering you the “By It Now” option, which is when you can take the total amount of your failed bids and apply that toward the retail price of the item you were bidding on. Say you bid $80 total on an iPod Nano that cost $150. For the remaining $70, Quibids will sell you a Nano. Well, $70 plus tax, fees, and shipping and handling.
With the added “fees,” tax, and S&H, that Nano will cost you more than it would at Apple, and usually much more than it would at a discounted retailer like Amazon.com or Target. In addition, QuiBids is not an approved retailer of Apple – or any major brand name – products.
This means that if you get the item from them, the manufacturer warranty is void – if it breaks within the first 60 days, you will not be able to get it repaired or exchanged. If you have a problem within the first 30 days, QuiBids will refund the final auction price you paid, but not a single dime of the bids it took to win the auction.
It’s much better to stick to legitimate auction sites like eBay, instead of spending lots of frustrating time and effort on penny auction websites like QuiBids.com.
Would you like to add your review for
May 21st, 2012 at 11:58 am
I signed up and got 100 bids for 60 bucks. I won 4 things 1st ring for .37 plus s&h, another gemstone diamond ring for .01 + s&h, a necklace for .02 + s&h, and pearl and diamond earrings for .17 + s&h now just waiting to receive my winnings. Should receive the 1st of my wins today according to the shipment tracking. So far I don’t see any problem with the site and if they are using bots that’s money lost for them not every bid made they receiving .60 because there bot bid 100 times minus that from the 2400 they made. Also I won auctions with extra bids which cost me nothing. And won an item for nothing even thou I made 15 to 25 bids for free. Also they aren’t making money on my free bids… So a lot more factors to think about…
May 17th, 2012 at 12:26 am
Scam if it’s too good to be true it almost always is, and you can take that to the bank
May 16th, 2012 at 11:18 pm
DO NOT USE THIS WEBSITE! They are thieves!
May 15th, 2012 at 1:10 pm
I checked into the auction online for Quibids and found out all I got out of it was a charge for $60 on my credit card. I just looked into it to see if it was something I wanted to do. It’s a rip-off for me. If they would refund the $60 they owe me, I would think a little better of the company???? If anyone knows how to help me, please let me know.
chris says:
May 19th, 2012 at 7:05 am
I would additonally contact the bbb or consumer protection agency– they may at least be able to help or provide valuable info
S.J says:
May 16th, 2012 at 7:17 pm
As far as I just read on the website if you did NOT bid on anything you can get your $60.00 back. Try emailing the support@quibids.com (not sure if thats the actual email address. Check the website
May 15th, 2012 at 4:54 am
i won two walmart gift cards. what i received in the mail was two different gift cards that wasn’t the ones i won. they didn’t send the right ones that i requested and couldn’t reimburse me because they weren’t the actual vendors for those cards. on top of that, i had to wait almost a month for another item that i won and i had a hard time getting an ACTUAL explanation as to why my order was delayed. i had to go through alot of b.s. i deactivated my account. i personally never want to do business with them. you actually win stuff but the hassles i went through just ain’t worth it.
May 14th, 2012 at 10:04 pm
It’s just like gambling. You really never know. Gotta be in it to win it. But be smart about it. Let the people that go crazy on bids bid on it for a bit Then Once you get that gut felling try a bid or 2 Just Don’t go to Crazy on the bids You don’t wanna lose all your bids on one Item.
Also before you get into bidding on qubids or any auction’s try to research the item you want to bid on and see what the going rate really is and see how cheap you can get it for from other sites. And/or then Don’t be in such a rush to bid because if you are you might most likely waste and lose all your bids and the item you wanted. Like I said you never know though its a gamble.
ALSO here is another good advice. When you have some spare time Try to spend some time studying on how much people usually bid on the item or item’s and that should give you a rough idea on how much it will cost you and it should give you an idea when to start biding…
I will write more later if I get time. I already have book’s about auctions with a bunch of advice and tips but I already listed just a few good tips and I hope it helps you guys out.
Going to bed gotta get up in the am with the kids night every one….
May 14th, 2012 at 3:04 pm
don’t get involved with quibids your $(bids )will go with your hopes, it’s a con , i lost 60$ +10% tax for a good lesson
May 10th, 2012 at 8:45 am
The site keeps popping up and it is interfering with my ebay and I do not know how to get rid of it! I am going to quit shopping online if i do not get rid of it
May 6th, 2012 at 4:40 am
Here is a factual explanation of how some Quibids customers can get some great deals, IF they have good luck, good timing and the patience to wait out the competition and become a “winner.” Most likely, Quibids will not allow this posting, since it also points out the “obvious” way that it makes a lot of money from all those bidders who do not win (i.e., from the losers). The following information is for an auction that I started tracking this morning, when the listing showed that there was only about 5 minutes left in the auction. That was over 12 hours ago! At that time, the bidding was at just $0.15 for an item that was advertised with a retail price of $699.99, so I became quite interested. Meanwhile, here are the facts:
Each bidder pays Quibids $0.60 for each bid they make, but the sale price is increased just $0.01 for each bid (The bids for some items go for a higher bid increment, like $0.02 or $0.05). This is a good way for Quibids to show that the final sale price appears to be very low…and sometimes it actually is, at least for the “winner.” If the “winner” wins the bidding for a final price of just $10, this means that 1000 bids were received on the item (1000 times $0.01 is $10). This also means that Quibids received a total of $600 from all of the bidders (1000 times the $0.60 paid for each bid), not including the $10 plus shipping that the final bidder (“winner”) will pay. If the final bidder has only had to bid just 25 times to get the item, and if the item retails for $100, the “winner” has received a very good deal for a total price of just $25 (25 bids at $0.60 each plus the sale price of $10), plus the shipping charge; the winner is, obviously, very happy with the purchase. Quibids is, obviously, also very happy with the sale, because it has sold an item the item that retails for $100 for a whopping $610 ($600 for the bids that were bought plus $10 for the final sale amount)…plus the shipping charge. Most likely, Quibids, as a reseller, got the item for a wholesale price, not the full retail amount, so their profits are even higher. Here is an even better case in point:
For the item that I was tracking that retails for $699.99, the item just sold for $105.11 at 3:42 a.m. CDT (I was too busy writing this “helpful” essay to enter my bid!:o). This was apparently a very good deal for the winner, who somehow timed the bidding just right and got by with making very few bids during the last few minutes of the sale. It was a very bad deal for the several bidders who bid this thing up, while staying up into the wee hours of the night to do so. Of course, Quibids doesn’t care what time it is, because they get paid while they are sleeping…and they are VERY happy that they raked in a whopping $6,411.71 for this sale (The sale price of $105.11 means there were 10,511 bids at $0.60 each plus the $105.11 sale price)…plus their shipping charge! They probably paid no more than $500-600 for that item, so they sold it for over 10 times their cost. To be fair, I should also say that I noticed that several of these items sold for under $40, so Quibids only took in a lousy 4 times what they paid for the item.
Bidding Tips: Do not bid too soon; just be ready to bid. Set a limit as to how many bids you will “waste” while tracking the item, because each bid drives up your total costs. Try to determine how long the bidding will last by counting and watching the other bidders and studying how they switch from single bids to “BidOMatic” bids. When the number of BidOMatic bidders gets down to one or two, it’s more likely that they will run out of bids, so that a single bidder can jump in and win the bidding at the last second. I suppose you could also try adding a BidOMatic bid late in the game, too, just so you are not beat out by someone with better timing of their single bids. Look for sales that are going on late at night (early in the morning) and midweek, when normal people are sleeping! Even Quibids advises you to try to get something for about one third of the posted retail price. Know what things are really worth.
The above sale happened in the middle of the night on the weekend, when the normal people were still out partying…or maybe the winner just got home from a party and was just looking for a little more excitement.
Mr. Random Name says:
May 21st, 2012 at 8:15 pm
I loooove E-bay. For me, E-bay is the best way to go.
forthegreaterGOOD says:
May 11th, 2012 at 6:20 am
This post is exactly what I experienced. Read it very very carefully. I personally dont think the website is a scam but its not a great place to buy. Stick to Amazon
May 4th, 2012 at 8:56 am
Bad customer service. Bad site. Bad company. I signed up after stumbling across a positive article on the company. Wanted to give it a shot as they explained how it works pretty well (from what I thought). I ready “Quibids 101″ and saw that they were willing to refund your $60.00 bid package if you signed up and realized it wasn’t for you. I signed up and it was completely obvious that quibids uses bots to hike the price up on the consumer. I didn’t even bid once and sent a request to cancel and refund my account 55 minutes after I signed up.
Now I’ve sent a dozen emails that have yet to get a response and I’m put on indefinite hold when I try to get in touch with their call center to clear it up.
Buyer beware, this company is more disorganized and dangerous to your wallet than a Gypsy Circus.
Stay far away and tell all of your friends.
May 1st, 2012 at 5:04 pm
its a scam
May 1st, 2012 at 4:45 pm
QuiBids Rocks! I won a Cuisnart Espresso Machine for $4.68 & Cuisnart Coffee Machine (with bean grinder attached) for $0.21! both are originally retailed at 199.00! I Also have won 6 gift cards $10, 15 & $50 cards for pennies on the dollar!
With shipping: the espresso machine came to $21, and the coffee machine w/grinder $15.00. This was a major steal!!!!
Qui Bids works, but you are investing money to bid. the larger package you by of bids, the more you will save per dollar.
It’s a gamble, because you may win big or loose all your money. You need to become familiar with KEY strategies.
1.BID WATCH: monitor it first because there are many auctions quibids will have on that item. Don’t be too anxious. Play the game like poker. Don’t show all your cards.
2. TIME OF DAY: I EXPERIENCED that bidding late at night is NOT GOOD- because everyone is up! early morning hours 3-6am i was successful, and 8-11am is a good time because people are at work. I live on the WEST COAST (PST) so take the time zone into consideration. Friday nights are EZ wins, while everyone is out partying I was winning the gift cards like water! Raining cards.
Again Qui bids is a gamble, but you may walk away with nothing or items for below cost! Good Luck
May 1st, 2012 at 10:32 am
Quibids is intentionally misleading. Personally, I haven’t used their site – but this synopsis gives a very good description of their business model (consistent with other sources, and very easy to follow).
I say that they are intentionally misleading because of the qoutes from reputable newspapers and programs… they use excerpts from negative articles that sound favorable out of context.
Example: “Fans of penny auctions say they mix the competitive charge of Internet auction sites like eBay with the suspense and gratification of flash sales and online [gaming].”
WSJ: “Fans of penny auctions say they mix the competitive charge of Internet auction sites like eBay with the suspense and gratification of flash sales and online gambling”.
Here is the link to the article if anyone is interested (may require password): http://online.wsj.com/article/SB10001424053111903392904576512280986981242.html?KEYWORDS=penny+auction#articleTabs%3Darticle
April 30th, 2012 at 8:45 pm
Please stay away from this site! I won an item in January, it’s April now, but I still have not received it yet. Quibids opened several issues on that (every time when I contacted them, they opened a new one…). No resolution, response do far. Awful customer service, just do not bid there….
April 30th, 2012 at 4:16 pm
If you read everything from the start you will realize it’s more like playing the slots. Sometimes your lucky, sometimes your not.
Just Lou says:
May 7th, 2012 at 8:00 am
…And just like slots, in the end you’re going to lose.
April 30th, 2012 at 1:06 am
Right from the start I tracked my total costs for items I have won including how much I spent on bids to s&h Etc in an Excel spread sheet. Yes I have won a couple of items for less that the retail value but the total bids spent to get there cost more. So to tell you the honest truth based on simple math I have lost money.
I would stay away.
April 28th, 2012 at 1:16 pm
QuiBids is a real scam all the way around- from sign up and beyond–beware and don’t go there!
April 27th, 2012 at 1:04 pm
Here’s the main issue: Quibids is deceptive by changing the definition of known English language words:
Simple solution: change the posted price from the word ‘dollar’ to ‘point’ and it will make a lot more fundamental sense.
Eg: Item won with 1000 points (not $10.00)= bids totaling $600 + s/h, etc…
Doesn’t answer everything, but it becomes a lot clearer. Oh BTW, really looks like they use bots!?
MLDTR says:
April 27th, 2012 at 7:05 pm
Everybody is forgetting one calculation.
If an ipad sells for $50.00 = 5000 bids = $3,000.00. But you have to take away the loss to the winner from this revenue of $3,000.
If their cost for the ipad is $600.00, then it’s $3,000 dollars that came in, but now they loose $550.00, because they have to ship one ipad for $50.00. So their take away now is $2,450.00.
Consider this when you do your calculations..thanks
April 25th, 2012 at 9:56 pm
well this is got to be up there along side of the pyramid scams as these guys ask u to buy 60 dollars worth of bids but wait they do not tell you it is in us dollars so you are paying even more if you are not in the us which makes this a big scam as the people from outside the us so say someone in new zealand will have to pay 74 dollars to get there 60 dollars of quibids 60 Euro should buy you 79.4 dollars worth of quibids and oz there 60 =62.20 this is going by current exchange rates so these guys are making heaps behind the bids and thats before you place your bid you get stung
April 24th, 2012 at 12:10 am
But Ebay and Amazon sell a lot of a fake products… Quibids is a game thats all, you must to read the contract, if you dont do that, so dont cry, i was cheated two times for a best seller in Ebay, and they never help to me, QuiBis, AT LEAST gave notice that you can lose money, and that’s not stealing
April 23rd, 2012 at 11:14 pm
It’s not wise to compare penny auction to regular auction.
Penny auctions are in a grey zone between the terms legit or scam but I’d put a little weight on the legit side. I would sort the nature of businesses like this putting the “cleanest” business on top.
- Retail
- Ebay Auctions
- Lottery
- Penny Auctions
- Poker
- Trivial Questions
- …
- …
- MLM
- Ponzi Schemes
- Nigerian Scam
- “You’ve won lottery” scam
- and etc
Among the booming number of penny auction sites with approximately 70% of them failing shortly after launch, Quibids is one of the best and biggest.
Anon says:
April 30th, 2012 at 1:14 pm
MLM? C’mon…Nike can have kids working in a sweatshop, making sneakers for 20 cents and selling them to us for $100+, but crucify the MLM guy because he’s out there selling the business opportunity?
Car sales, gym membership/personal training sales and other high pressure sales should be below MLM then.
Don’t confuse the business with people who try to scam using a business.
April 23rd, 2012 at 7:20 pm
first bid ever – won $100 Home Sense card …… to good to be true…..
I made an experiment, I found few actions for about $100 value something with few ppl – 3 or 4 , as soon as I made a bid within the next few minutes there are 11-14 ppl bidding. I stop bidding and whoaaa , some one wins a $100 item for $0.39 WITH 14 ppl bidding ….lol …I played few 25 bids vouchers ($15 value) to the end just to see how it will turn out – guess what – won them all at the price of ~$3.50 – my cost was close to $20 each with delivery and BidOMatic.
My wife wanted that Panasonic TCP50X3 50″ VIERA Plasma HDTV, and I am there…ended up with Buy It Now
costing me over $700, but what happened is as soon as I ended bidding was WON by someone …
My conclusion is – bot driven site – and probably most WON items are false – only advertisement
April 21st, 2012 at 6:32 pm
I never reply on these sites but this is too much. Do all of you whiners have no common sense with money? I mean really, Quibids is only a scam if you stupid enough to make it one. Whenever you are asked to give any personal or financial information online your 1st step should to to read the terms of the agreement! They tell you flat out in Quibids 101 not to bid if you can’t go the full price. Nothing that costs money is ever to good to be true, ALL the time! I am continually amazed how some people think they can blame a company like Quibids just because they THEMSELVES didn’t take the time to read the directions(small print). Who in their right mind would let a kid anywhere near their credit card information, to use online, without supervision?? Many adults are too careless to use credit cards much less the average child! I have 3 kids & they wouldn’t get within 10feet of my credit card without me watching.
Quibids needs to make money & we want to save money so don’t blame them for doing their job when you haven’t taken the time to do yours!!
Azbw12 says:
May 6th, 2012 at 10:17 am
Man you are soooo stupid!! Your praising these idiots for scamming and making a filthy living!!!REALLY?
Ed says:
April 25th, 2012 at 11:57 am
This is all true. However, I think the people who started Quibids could have come up with a nobler way to make money that is actually good for consumers and the economy. It may not be illegal, but why praise them for being jerks?
April 20th, 2012 at 5:49 am
Quibids is for people with lots of money and time to sit and fritter it away! Worse than gambling! Do yourself a favor, spend your hard earned money elsewhere! Not worth the money OR time!
April 19th, 2012 at 9:24 am
Look this is a game of chance. One person wins and a lot of people loose. It works pretty much like the lottery which is run by our state governments. I joined and I won my first auction with one bid. Now like the lottery which I won a few bucks on my first time I will most likely never score again.Just use self control and know at the onset that like Vegas the odds are against you.
April 18th, 2012 at 7:40 pm
Actually the guy that wrote the article is wrong. Although it is hard to win because it is so competitive, you can get items for cheap. Above he said that you would actually pay $1,352.40 to buy an Ipad if the auction price was $22.54…That’s wrong. If the final auction price was $22.54 that means there were 2254 bids @ 0.60 each, he’s correct. Where he is wrong is that the winner didn’t make all 2254 of those bids…All of the bidders bidding on the item made those bids as a whole. So, the winner may have put in 150 bids to win which would equal 150 x 0.60 = $90 + $22.54 + $9(s/h). So, the winner would have won the Ipad for $121.54. The only thing that sucks is the other people that bid lost their money, so if they also bid 150 times they lost their $90.
dewayne says:
May 5th, 2012 at 6:56 am
No, he just clarified the OP’s statement, which is a good thing. It tells exactly what the winner pays, whereas the OP made a less clear distinction.
Knox says:
April 22nd, 2012 at 8:45 am
Thanks Rob for repeating what he said.
Earl says:
April 20th, 2012 at 6:37 pm
Yes I think all the rest of us got it the first time!!!!
Jackson D. says:
April 19th, 2012 at 4:50 pm
That’s exactly what the author said
Strunk says:
April 19th, 2012 at 4:15 pm
I think you just read it wrong.
“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.”
It clearly says that the person with the winning bid got the item for far less than retail. However, the money collected in the bidding is more than the item would have cost.
steve says:
April 19th, 2012 at 5:33 am
You read wrong. He said that final cost of the item was $1,352.40, which is right, when you take into account every bid, including the winners, and the actual dollar value of it.
say the price of an item you just one is $100.
maybe you bid 25 times on it, so you pay $100 + 25 bid @ $.60 ea. that’s $115. But when you take into account the other 75 bids it took to get to 100, you have to factor $100 + 100 bids@ $.60ea = $160
So the item may have sold for only $100, and YOU may have only paid $115, but the money they got for it was $160.
The OP is 100% correct.
April 18th, 2012 at 8:21 am
Flat out it’s gambling not an auction. You buy bids. If you don’t win, you also lost. Meaning when you bid you don’t get your money back like you do with a real auction. So the penny auctions are making more money on the losers then they do on the winner. These websites should be banned.
DKendra says:
April 26th, 2012 at 2:53 am
Thank you. I thought I was the only one who saw that. In a true auction, only the person who wins pays out any monies; the bidders still hold theirs for the next auction. This “bidders pay too” business is for the birds.
April 16th, 2012 at 5:17 pm
Simply do not waste your money on this site. If you do, you will be out of lots of money with nothing to gain but regret.
April 15th, 2012 at 7:30 pm
It’s NOT an auction site.
It is a PAID PENNY SALE GAMBLING site. Somebody does win each item.
If you don’t like the concept – don’t play!
I like it and I will try it, but I have my eyes wide open.
Woo hoo!
April 15th, 2012 at 12:02 am
I dread this sight, and I have learned my lesson. $60.00 for 100 bids, don’t even know if you win anything. Being a stupid, reckless person I was, I signed up and didn’t even know it charged $60.00 to my account. Everything is bogus about this sight, especially the bidding. It’s like they use bots against you so you won’t win anything, and they take you’re money away! I am unsatisfied with this site, they should close it down! QuiBids is a waste of money and time, and they don’t help with anything! Don’t be fooled by these hyenas, they take your money and don’t do a thing for refund, I’d think their laughing in your faces right now! Of course you don’t win anything, and they post fake pictures online about people getting their stuff and being positive! This penny-auction site is a no-auction site, those prices are too good to be true. And those standing up for this site, you’re all bogus, and fakers, liars! Even if you do win something, you’re probably not gonna get it. Fake stuff everywhere for you’re money, QuiBids is a cheap rip-off, the owner of the site is a fake too, like most free or cheap popular stuff! If you don’t believe me and you register, go to your credit card account and maybe you’ll believe me then. Go on real sites like eBay, or Amazon! (Though I prefer eBay.)
April 14th, 2012 at 7:22 pm
Seems like a total scam. 1 penny bid bought for 60 pennies.
So no. This is not a real penny bid web site and you cant get an IPAD for 20 bucks.
There are probably some deals to be had but the marketing here is deceitful and deceptive.
April 14th, 2012 at 10:54 am
I was looking on a a site for hotel rates when this site QUIBIDS came up on the side bar as advertising IPADS for 43.00 dollars and for canadian residents only and only one per family. I entered the information needed to get on the site to bid/pay, and before i had a chance to bid,they took my info and said that I just bid 67.00 dollars but didn’t get the IPAD but earned 100.00 dollars in credits by spending 67.00 dollars on nothing for more bidding (which makes no sense at al if one thinks they are actually buying something in return for their money).Thats when my computer said on the upper right that there was suspicious activity so at that point, we knew something was wrong and when we tried to get out of the site. the whole screen faded and a rectangular area came up on the screen asking us to confirm our birth date over 18 ( and actual full date of birth), which we would not give so they could further steal personal info. When I didn’t put the birthdate they wanted ,it said go to customer service which I tried (many times) but it kept going back to the birth date constantly. My husband and I called the Visa Security centre to inform them about the scam/suspicious activity and ended up canceling our card because they were setting us up to SCAM US MORE. Glad to get out and this QUIBIDS scam company is nothing more than a license to steal. its fraud and set up to advertise to make people think that they are legitimate but beware people. PROTECT YOURSELF and your hard earned money from these devils.
April 12th, 2012 at 6:24 pm
I agree that this sight is very misleading. Their terms and conditions are not clearly stated up front. To me this is a scam. Companies should be up front on what they charge and what you get in return. Poorly organized sight. Not customer focused in my opinion.
April 12th, 2012 at 2:51 pm
I saw their add on TV so I decided to give it a look-see, considering almost every single other penny auction sites are frauds.
Too be honest I was skeptical at first and yes, they do have sneaky ways of getting you to spend money. Bidding on an item is an adrenaline rush and in order to keep bidding and (possibly) win what you want, you have to buy the bids at .60 a piece.
I do understand that they are sneaky and a lot of people are mad because they lost all their money. Well I was one of those people. I spent all my money buying bids. I did win a few auctions and THEY DID SEND EXACTLY WHAT I BID ON TO ME IN THE MAIL WITHIN THE 7-10 BUSINESS DAYS AS PROMISED. They do not lie.
But they do what they do to make money. How else are they going to sell a brand new $600 IPad to you for only $14? If they didn’t do what they did, then they would be bankrupt.
You can’t be bitter because you got carried away and lost all of your rent money. That’s your fault. Not theirs. They are just doing their job trying to make a profit. You should have been smart enough to know when to stop bidding.
Bob says:
April 18th, 2012 at 12:22 pm
The Winner IS a winner and does get a great deal on the Item BUT the losing bidders are REALLY LOSERS because they PAY and get nothing. Imagine bidding on Ebay and having to pay your bid even though you didn’t win…. That’s what happens here. One winner, 30 losers = 31 people pay… If you like paying (with deductions from your bank account) and getting nothing in return, give QuiBids a try….
There is no free lunch.
Dan says:
April 18th, 2012 at 8:35 am
Self-control and sticking to a budget. If you don’t understand how it works then you’re in for a shock. Stop blaming everyone else. It’s your responsibility to understand how it works. If you don’t want to lose money …DON’T DO IT! God, I’m sick of people whinning and complaining.
Praveen says:
April 16th, 2012 at 4:29 pm
@Bill… If you spent a hundred bids for the iPad, it would’ve been $60 spent on bids plus the winning price (let’s say $15). QuiBids would’ve made 1500*.60 = $900 for a $600 iPad, but that doesn’t really matter to you. You spent only $75 on the iPad. How is that not a good deal?
Bill says:
April 14th, 2012 at 2:46 pm
Jessica you’re being fooled as Quibids doesn’t sell the $600 iPad for $14. That filal auction price of $14 is actually $840 (1400 penny bids at 60 cents each = $840) so Quibids made a profit of $240. They are not giving anything away. Whether you win or not you still paid for ALL your bids at 60 cents each. Think about that if you bid up an item by $2.50 you would have actually spent $150 and if you lost the auction you lost that $150. How do we even know that real people even win those items anyways?
MK says:
April 13th, 2012 at 11:02 am
The site is still a scam though, like it or not. That is why I buy my stuff from a REAL site like Ebay or Amazon like I am doing right now….
Mike says:
April 13th, 2012 at 10:33 am
Good points Jessica If anyone can make a valid argument against her points, i’d like to hear it. I haven’t gone on the site before but I’m thinking about it. Self control seems to be the operative phrase. If I spend .60 cents on 3 or 4 items and win one well below cost, why not? Set a budget and stick to it. Only buy something if it is a complete win for you. The fact that they are trying to actually “make money” does not phase me. I trust myself. Am I missing something?
April 12th, 2012 at 1:18 pm
“BEWARE” prices change if you go in and out of the site (just hit the back then forward arrow) same products but the price goes up and down , not just up !! Don’t be a fool !
April 11th, 2012 at 1:52 pm
I just got a call from my credit card saying that there was unusual activity on my card. Come to find out, my 12 year old son had used my info that is built in to his phone to purchase bids and participate in auctions. He spent $422.11 and all he won was a $25 gift card to Walmart. I contacted the company and they told me the only way I could even have a chance at getting a refund was if I had my son arrested for fraud and identity theft! And then theres only a Chance! When I talked to my son, he said that every auction he participated in, that when he placed a bid with seconds left on the timer, he would get notified that he bid too late and the auction was closed. That happened to him on 6 items he paid .60 for each bid. That’s how he spent almost $400. On bids that he mysteriously bid too late and mused the item. What a scam! The Customer Service Representative from quibids I spoke to on the phone told me KIDS can bid, as long as they have credit card info and enter in any birth date that makes them over 18. And that they are not responsible. The child is. And if you want any chance at resolution, you have to have them arrested. I am so angry with my child. He said that he didn’t know it was ‘real money’ because it claims to be for ‘Entertainment Only’!!! I can’t afford to be out $400. I don’t want to arrest my son. I don’t know what to do. But something needs to be done about this site!!!!
DOC8404 says:
April 19th, 2012 at 6:48 pm
You know that in the U.S. a minor is not legally obligated to honor any contract. So the contract he entered with the site is void. Contact a lawyer they will be able to get your money back.
m says:
April 18th, 2012 at 4:23 pm
listen Z, you are a real dummy,
kids do things they don’t realize are wrong. Technology let’s a lot of information leak through the cracks, maybe this kid had her info to download veggie tales a few months back, and now thanks to USA it’s in there for worse or worse.
When i was a kid i accidentally signed up for a penny cd program, and my mum had to come to the rescue and tell them to get off my back and stop sending me stuff, i can only imagine what you are going through now…
GET the pullback, a refund should be possible!!! It sucks that these people aren’t accountable! :(
May says:
April 17th, 2012 at 1:15 am
moemamaof3: you need to call your credit card company and file a chargeback ASAP, also report the card stolen or theft –that crappy company now has all of your info and will sell it to other scammers–another way they make money.
Z says:
April 15th, 2012 at 9:04 pm
It’s your fault for letting your 12 yr old have your credit card information that was most definitely not “built-in” to his phone .. Don’t blame the company for your short comings lol .. People like you crack me up, always have to blame someone else when u clearly were the one at fault
GWH says:
April 15th, 2012 at 2:34 am
Just tell them you don’t know who charged it to his phone/your card. They cheated you and YOU didn’t authorize the charges so a charge back is still within your means. Your credit card company will always side with you in these cases when push comes to shove.
April 11th, 2012 at 11:53 am
I saw the ad on T.V. and logged on and registered, I got a shock when they had billed me. Then I just followed a link to online chat with a representative. Explained my circumstances, and they promised a refund In the next two days. They’re cheeky but not crooks.
April 10th, 2012 at 5:31 pm
I wish I would’ve known this before I wasted my money on this horrible site!! It is a waste of time and money!!!! You never come out on top.
sims says:
April 12th, 2012 at 7:06 am
Me also, it does seem that you are playing against the computer
April 9th, 2012 at 12:33 pm
QuiBids is a scam. They just got purchased by the same people that owned dealfun – read up on dealfun so you have an idea of whom you are dealing with… sure, some people get lucky, most people just bleed chips or get outbid by bots, and eventually they will shut this site down the same way they shut down dealfun – by not sending product, and subsequently vanishing.
Seriously, go do dealfun.com – see where they direct you to.
Search for dealfun reviews, see how many people were happy in the twilight of their run – quibids is next, and you will likely lose much more than you gain.
But hey? you want to keep these cats rich and get hustled and suckered, then sign up, you sheep.
April 8th, 2012 at 4:47 pm
quibids is a scam.,, please avoid this site at all cost,,, please stick to ebay and amazon,…
joyce says:
April 8th, 2012 at 8:39 pm
I agree…this is not an auction but an auction gambling site!
April 8th, 2012 at 11:02 am
Quibids is not an auction but a gambling site. In an actual auctions you don’t lose money if you don’t have the highest bid. Apparently the house gets the majority of revenue generated. Don’t get sucked in by these crooks
April 8th, 2012 at 1:10 am
I fail to understand how Quibids can advertise on national (Australia) TV.
It is an appalling scam, is not an auction at all and should not be allowed to be advertised in TV.
Disgusting.
SuziQ says:
April 9th, 2012 at 7:02 pm
I agree with your comment 100%. I can’t believe that either, that TV helps lure people into the hands of con artists!!!
April 7th, 2012 at 9:20 pm
I went on QuiBids and saw a Notebook it was at the price of $8.99 I had never been on the site before, and I had not read any of the information or anything about the site, and time was running out. I am needing a new computer very bad. So like stupid me, I clicked on it, then I registered. After I done so, it showed me my account, and of course I did not get the notebook, but I did get a bill for $60.00 for 100 bids. Which I did not even know I had done. The only thing I did do was to click on the notebook and then register and they took $60 from me. I have asked them to return my money and to deactivate my account and I told them I would never go back on their site again. At this time I do not know if they have refunded my money or not. I will just have to wait and see. So my advice RUN dont walk away from QuiBids site.
MonXciDe says:
May 1st, 2012 at 5:06 pm
PEOPLE, they can’t take your money unless you give them credit card info, and it clearly says the plan that you are paying for. From what I am reading this site is not for me, but I find it hilarious that I am finding people on here saying I just registered and I was charged 60 bucks without even knowing it. BS. you filed out your credit card info and did not read why, how else would they know where to route your funds from?
Mo S. says:
April 15th, 2012 at 3:51 am
they charge you 60 bucks when you register and you get 100 bids. So you have 100 bids you can use for other auction items
April 7th, 2012 at 9:51 am
All these long letters – what did your grandparents or parents tell you when you were 8 years old? If it sounds to good to be true, it almost always is. End of story. I’m still sorry though for the people who got taken for a ride. Businesses are too often unscrupulous.
April 6th, 2012 at 3:41 pm
Sounds like I would be fighting against hundreds of people on every auction since most stuff they sell is very popular. For every 1 thing I would win out of 10, the $$$ lost in the items I don’t win sounds like it isn’t such a deal after all. That’s why I read reviews and stuff before I take the plunge, so I think I’ll pass on Quibids.
April 4th, 2012 at 5:53 am
This site isn’t bogus unless your a mentally challenged person. It’s simple buy your bids in packs and spend them wisely. If you can control your urge to bid every 5 seconds than you will have a better chance to win. The website makes .60 cents for every time a person clicks but that’s up to you whether you wanna bid or not. I only payed 15$ for a pair of Dre.Beats and that included my bids spent,shipping and handling, and my winning price. This website is a good way to get the things you want for cheap and make a profit off of the items you buy. Some people make a living off of sites such as Quibids. Just bid smart and enjoy your purchases.
KichiKichi says:
April 12th, 2012 at 7:16 am
Malogrimm, you are, quite obviously, an exception to the Quibids rule. I’m glad it worked for you but, for every successful story, there are hundreds of lousy ones. If you read all of the posts before yours then, you know not everyone was clicking (and simultaneously bidding) “every 5 seconds”. Some never even placed a bid nor did they buy any packs of bids. Yet, this site still charged things to their credit cards. You are very fortunate that you’ve had luck with bidding and winning… so many others have not.
Have a great day and hope you keep your luck!
Never assume…. 9 times out of 10, you’re gonna be wrong AND it makes an a** of you and me.
April 3rd, 2012 at 4:57 pm
Reason for Rating
BBB rating is based on 16 factors. Get the details about the factors considered.
Factors that lowered QuiBids’ rating include:
Length of time business has been operating.
Factors that raised QuiBids’ rating include:
Complaint volume filed with BBB for business of this size.
Response to 870 complaint(s) filed against business.
Resolution of complaint(s) filed against business.
BBB has sufficient background information on this business.
QuiBids is an online auction site through which consumers compete for the opportunity to purchase goods. Consumers are advised to read and understand all of the information provided on the company website prior to becoming involved with the process. The rules for purchasing goods through QuiBids’ auctions are different from other auction sites, in which potential bidders create an online identity, shop the auctions, and place bids on items of interest. At the end of the auction period, the bidder who has committed to the highest price for the item wins it and then purchases it from the seller. QuiBids is part of a next generation of auction sites in which participants purchase bids, then pay those bids toward the item of their choice. Whoever has invested the most bids in the item at the end of the auction reserves the right to purchase it; those who have paid bids into the pot in the hopes of winning the item lose that item and the bids paid toward winning it. However, if the bidder wishes to purchase the lost item, the bidder is able to purchase it using a Buy It Now feature. “Buy It Now” allows bidders to purchase the item at retail value, minus the cost of bids used in the auction. Some restrictions may apply. Additionally, QuiBids’ policy is to add time to the auction period each time a user places a bid; each bid adds time to the auction. The last participant when the timer runs out wins the product. Another practice for consideration by potential bidders is a concept that, unlike other auction sites, QuiBids’ auctions are not open to any interested seller. Products are sold new from the original manufacturer; should a buyer encounter problems with a product, policies are in place to address these issues. Consult the site and its policies for details.
In August 2011, the BBB became aware that QuiBids.com completed an internal controls audit conducted by Grant Thornton, a well-respected accounting and professional services firm. Grant Thornton states that it performed extensive testing in order to determine that QuiBids maintains effective controls providing reasonable assurance that bids are place by bona fide users and does not manipulate the bidding process to inflate the bid price or affect who wins the auction (no use of bots, shill bidding or bidding by employees), and in addition, QuiBids maintains effective controls to provide reasonable assurance that winning auctions and ‘Buy Now’ orders are fulfilled (i.e. shipped).
Of the complaints processed by the BBB since opening its file on QuiBids, nearly all of the disputes result from misunderstandings concerning the site’s “bid to buy” policies that could have been avoided if the bidders had read and understood the auction site’s design and policies. The BBB urges consumers to read and understand all of the site’s policies before becoming involved with an auction or purchasing bids. Consumers should also understand that the times reported by the site during the auction and real time may not match, especially at the close of an auction; this is not a deceptive action on the part of the site, but rather a function of computer software that may create apparent delays in processing information across the internet. Such delays may be caused by anything from the company’s servers to the consumer’s own online connection and computer’s abilities and do not necessarily mean that the company is cheating the public.
The Better Business Bureau has processed a number of complaints from consumers questioning a $60.00 debit charged to their accounts after signing up for the company’s services. On the same web page in which users enter credit or debit card data, the sign-up form shows three times that the initial starter package includes $60 of bids. By completing the sign-up form, the user is purchasing those bids and whatever card is listed is authorized to be debited that amount. It should be noted that, also displayed on the same page is a “100% guarantee” promising satisfaction with the website and its services. Prospective users are encouraged to read and understand any company’s policies and guarantees prior to signing up for services or surrendering personal banking information.
This is copied directly from the BBB website. So for all you people out there that think it is a scam or that they drive up bidding with bots or employees, HERE IS THE PROOF THAT THEY ARE LEGIT!!
Diane says:
April 17th, 2012 at 9:14 am
No where on their site does it explain the $60 charge. There is no contact number to reach anyone at, and the phone number that shows up on my bank statement does not connect to anyone! They do not represent the process clearly, and they are certainly a scam outfit. Misleading.
dogbert says:
April 11th, 2012 at 1:19 pm
I spent an entire night and $200 dollars convinced that I could win a bid. After about 6 hours and 6 very close bids, I was always outbid by some user by a fraction of a second. It was almost like a bot was holding my bid and then outbidding me. This happened even when I knew that the price had gone much higher that it should have and I put my bids on auto bid in order to win the bid, still I got beat. I am convinced that the site is a scam and they use bots to outbid you. Never again, stay away. The money you will lose on this site should be better spent at eBay or at online stores. You will lose with these guys!
rich says:
April 8th, 2012 at 2:15 am
this sounds like an employee trying to good mouth the company because of all the bad reviews……its a bunch of bs
DDD says:
April 6th, 2012 at 12:04 am
Oh ya, If the BBB said it ,then it must BBB true…Ha Ha,Ha
April 2nd, 2012 at 8:51 pm
This site would be okay if they actually were telling the customer the truth about what was going on! They say that all bids are available for their customers to bid on and that is just not the truth! They have this section that is strictly for the beginners of the game to play. I am somewhat okay with that section because they do not allow anyone that has ever won a bid to win an action from that area, and actually if you have won an auction then you no longer have access to view any of those auctions.
Now here is where I am furious about, It is NOT only the beginners auctions that they are restricting from bidders. They are allowing people that they pick and choose to be allowed to bid on certain items and the rest of us cannot. I don’t know about you all but there is nothing more annoying to me than to see an auction going and you click on it and instead of a place where the Bid is at you get an Unavailable instead. There are multiple people that have won at least 3 things each being able to bid on those items, and you get to just watch them bid on it when you want to bid on it too. But for you none of those items available when you search for them to try to find one that might have a Bid listed instead of an Unavailable but find nothing listed in the sites search results. Yet when you are not logged into their site then there is four items that showed up for auction within the next 24 hours. I got upset and sent an email to their support@quibids.com and this is the answer that I got in return for my question about why wasn’t I allowed to bid on a certain auction while others that had won multiple items were able to bid and I couldn’t.
Blake, (CDT):
Hi,
Thank you for contacting support. All users on QuiBids are offered the same items to bid on, however auctions for the same items are offered at varying times for each individual bidder. The main reason for this is due to the high quantity of auctions and users that participate daily on QuiBids. By limiting these auctions, our main goal is to increase the chances of users winning items. QuiBids attempts to limit some auctions to participants of comparable skill, as determined by QuiBids, to enhance user experience and maintain a viable business model. In so doing, QuiBids may limit which auctions are available to particular users based on any factors deemed appropriate by QuiBids in its sole discretion, including experience of the user, historical success of the user, demographic factors, prior bidding and spending activity, and other factors. In particular, QuiBids may limit certain auctions to less experienced or successful users in any manner QuiBids deems appropriate to optimize the overall user experience of all QuiBids users. You acknowledge that You may be, and You consent to being, excluded from auctions at QuiBids discretion. Hopefully this helps provide some clarification on this topic.
Our number one goal is to maintain a great user experience for all customers, along with balancing heavy strain on our servers. If the product you want is currently not showing, please continue to check back as new and exciting products will be added frequently! Please let us know if we can be of any further assistance, and have a wonderful day!
Sincerely,
Blake
QuiBids Customer Support
Note: QuiBids will never ask you for your password in an email or over the phone
I went back and read in full detail of their terms page and found what I had missed at their http://www.quibids.com/help/terms.php but it’s right above the section that says “Odds of Winning Auctions” section. If I had seen that then I am sure I wouldn’t have wasted my time on Quibids.com. Lesson learned! I will use up all of my bids and close the account. IF you do not close the account after 3 years they charge you 5 bids every month, so just be warned.
Hope this helps those that are thinking about joining this site, just know that you wont be allowed to bid on everything that others are allowed to.
mikeandrew says:
April 7th, 2012 at 4:50 pm
Anyone here that gives positive comments on QuiBids are as bogus as the site lol
April 1st, 2012 at 9:52 pm
All these sites are rip offs avoid these sites at all costs
The Fool says:
April 6th, 2012 at 6:02 pm
I agree i was stupid to not follow the advice you dont win any bids and end up losing tons of money
Ajmal says:
April 2nd, 2012 at 10:58 pm
I learned my lesson. They are just stealing money out of your pocket. Just bogus…
March 31st, 2012 at 4:46 pm
Definitely a gambling site. I have noticed several times where auctions will “close” with the “winner” paying only 10-30 cents for an item. The exact same item five minutes later is about to close, I place a bid and suddenly there are 12 other people bidding driving the cost of a $10 gift card up to where you end up using the “buy it now” feature. Of course two minutes later another $10 gift card sells for 10 cents. I really think they have employees who have unlimited “bid” accounts trying to drive up the cost of each item – and by cost, I mean the number of 60 cent bids. Remember, something that is $1 has actually cost the users $60 in bids. They act much like a casino – let you win $20 and then take the next $100 or more. Total scam.
March 30th, 2012 at 8:41 am
This company is a complete joke and are continuously ripping the American people off with false advertisement. They will eventually go bankrupt and I know that they will get what they have coming to them for ripping so many American people off. So soke it up while you can quibids owners, karma is a bxtch and you will eventually pay for what you are doing.
Craig says:
April 28th, 2012 at 10:47 pm
They will get shut down, but the owners will ultimately come out with a lot of money. I really wish karma would bite them in the ass but it won’t.
March 29th, 2012 at 6:04 pm
Scam all the way. They make money and you get nothing for bidding. This type of website should be illegal. Please head the warnings.
Thevenun says:
April 13th, 2012 at 1:47 am
so if 10,000 people bid on something and only one persong wins then 9,999 people lose their money they bid with?
Scam baby
March 28th, 2012 at 6:49 pm
I have only two complaints to this website. I hate it how the time jumps back up and slows down as it finishes the count down! That isn’t a fair auction! What kind of count down is that! As for the BidoMatic, they should really remove that function. What kind auction allows bidder to not have to pay attention to their bids! That isn’t a fair! I would admit that it is a cool feature to use, not saying that i did, but it is a feature that should be ban because the computer is doing the bid for the bidder. These are my reasons for quitting Quibids.
March 27th, 2012 at 10:25 pm
Site is being investigated and company deceptions are being looked into. Thank you for your time and patience.
March 27th, 2012 at 8:40 pm
Don’t fall sucker for this site. I don’t understand How I can try for an item one day and it sells after only 6 bids, then the same time the next day it sells after 450 bids. something seems fishey with this site.
complete Scam and waste of your time and money. I got lured in and had to spend the 60.00 for inital “bids” and what a joke. the one time I hit BID with 1-2 seconds left and somehow it didn’t register and the time ran out item sold…hmmmmmmmm
RLM says:
April 6th, 2012 at 10:21 am
Same thing happened to me.It was easy to win at first then no matter what you bid on you always end up using the buy now feature and spending more money then what you would at a store.The place is a scam.
March 26th, 2012 at 4:29 pm
I absolutely HATE Quibids! On the outside it looks like a great site, and you save hundreds! But on the inside it is actually a site that rips you off of you money! And who wants this type of scamming in this economic crisis?
March 25th, 2012 at 1:23 am
“a confidence game or other fraudulent scheme, especially for making a quick profit; swindle. ”
By the very definition of the word this company is a scam. If someone is dumb enough to fall for….
March 23rd, 2012 at 2:26 pm
True rip in the sense of the word.
The lure is obvious, what is not, is the actual cost of what you are bidding for in the heat of the moment.
Hidden is the money spent buying bids.
This is to be avoided.
Thank you
March 23rd, 2012 at 11:44 am
Quibids admits that they will limit or remove auctions that you are likely to win as a way to make the experience “more enjoyable” for everyone!!! That is a scam!!! You should be allowed to bid on anything at any time!!!!
March 22nd, 2012 at 10:59 pm
I thought Quibid was a scam too, but my friend (a real person) won a 850+ camera for $30 with only a couple of bids. He has the camera and it works great.
I tried another site zbiddy (not as much stuff on there), but got 2 restaurant.com gift cards for $7 including S&H, and a USB flash drive for less than amazon (which has the best prices) with only 1 o2 2 bids each. Note: I observe some people pay much more and some people pay a little less. (Also I will see if I get these items in a timely fashion)
I wasn’t too happy with the selection (quibid seems to have a better selection), so I contacted the customer service couple of times, always got a person right away, and they gave me a gas coupon for $100 and refunded me 1/2 the amount on the bids I purchased. So I’m out $50, but I’ve already got $100 to restaurants I normally eat at, and $100 in gas…so I’m trying the bidding for the bigger items to see if it’s a scam…really I’ve paid nothing. The only thing about the gas is it’s a rebate thing…so we’ll see if it really works.
With that said, I am skeptically about trying Quibid, not bc I think it’s a “scam” per say…but because it is hard to win. They don’t have that many “hot” items and sometimes you get lucky (if you have nothing better to do than sit by your computer for 24 hours straight…) So depends on how “valuable” your time is. Also to me the deal I want is $10 for something over $500…but then that would be wishful thinking right. LOL
Duncan says:
April 2nd, 2012 at 2:50 pm
Hey guys,
What’s it like working for quibids? Tools.
Brett says:
March 25th, 2012 at 3:15 pm
Pamela,
I agree with you 100%. I’ve had good luck with quibids in the past with gift cards to places I frequent often. My advice is to see what quibids has to offer you and decide whether or not it’s worth your time. Good luck!
March 22nd, 2012 at 12:19 am
I have been a Quibids member since Nov2011. I have one 3 items, a 15 bid voucher (won in one bid), a kitchen aid food processor 189.00 value (won in one bid)and a Kahlor(?)79.00 value food processor (won in one bid) I had super fast delivery in less than 2 weeks for each of the food processors. I am careful, I watch WAY WAY more than I bid and as you can see Ive done pretty well I think. Im not even going to attempt to bid on the electronics. I am content to win the under 200.00 items! I watch thru out the day and bid at different times sometimes not at all. As with anything with risk people just use your sense! If you play like a mad man prepare to lose like one as well! I will continue to play it safe and am having fun in the process. Out of my initial 100 bids I have won the 15 more plus the free ones they give off and on for a total of 129 bids. Won the above items and have tried my luck at a few more unsuccessfully but still have 55 bids. So I will take mt 55 remaining bids and continue to have fun playing safe and sensible!!
March 21st, 2012 at 10:17 pm
I just joined em and in 3 hours worth of time I recouped my investment of $60 (yeah it charges you tight away—I thought maybe I was registering first, but I did research site FAQ and I can get a refund from them and since they have a geat BBB rating I decide to check out how things work. I am pleased with site and have saved some money I got a $15 walmart gift card total cost for bids and processing was $4.50 and i got a FM griffin car bluetooth transmitter for $10.60 total cost as well as afew other smaller items, so after 3 hrs I spent a total of $84 and received about $92 worth of stuff—satisfied customer. There are games on the site you can play to win bids–you do have to bid on game plays–read up on this first but I think its a good way to have fun and win some bids ex. wack a mole game I won 64 bids on and had fun. Anyway review the site and the FAQ before giving them your CC info and you should be happy
truth says:
April 3rd, 2012 at 12:57 pm
and you had to spend $ 60 in bids
CessnaPilot4Fun says:
March 31st, 2012 at 10:55 pm
Um… you spent $84 and got $92 worth of stuff in 3 hours. So you saved $6 with 3 hours of your time invested.. that’s $2 per hour. And that’s winning? Not in my book.
If you’re going to prepay bids and spend time hunting items and bidding for them, you better be saving more than a paltry $2 an hour. That is ridiculous.
March 21st, 2012 at 6:52 am
The FIRST time i went to this Quibids Page My browser went Lagged And My Mouse arrow start showing Busy and can’t stop being Busy I hate SCAM sites GRRRRR
March 21st, 2012 at 1:20 am
I decided to try it out. Read all the tricks and then started bidding. I won about 5 department store vouchers.
Then my account was locked without warning. They wanted me to scan Id such as a license plus a bank statement saying that I had possibly breached an item in the terms and conditions but didn’t tell me which one.
In the end I caved because I had already invested about $110 and I wanted my vouchers!
I wanted them to tell me what I had done to breach the terms and conditions. They said sent a stock standard email addressing none of my questions and reactivated my account.
After 14 days of winning actions, I received only half of my vouchers that I won. I wrote to them after another week and they said that the vouchers were sent back from my workplace (very strange because the first lot was accepted). Also, why didn’t they let me know that they were rejected from my workplace? I received two more vouchers in the mail and still waiting for a third (three weeks after my query) So it took me almost 2 months from winning the items before I received them and I still don’t have some.
I can’t wait to get the final voucher and close my account. The worst service I have ever experienced. It’s a shame because I would have recommended them if they didn’t have such poor service.
Also, the amount for postage and handling is a scam when they post items together.
SV says:
April 5th, 2012 at 3:41 am
I tried it out, and like you I wasn’t tempted to click just for the urge of it. It is a scam because you have the clock down to 10 seconds left, and the screen keeps announcing last 5 minutes to bid and yet, 30minutes goes by and you’re still bidding and the pool of people keeps increasing. Mean while the quibids is making money per click. WASTE OF TIME AND OF MONEY!
March 20th, 2012 at 5:39 pm
I haven’t ever created an account with Qbids but if you look at their “sign up” page and it shows you the “auctions” that are currently running…..hit the refresh page key a couple times and if you watch a single item you will notice the price changes up and down with every refresh and if you watch the supposed bidders names came across it is the same names in the exact same order……SCAM SCAM SCAM!!!!!!!!!!
March 19th, 2012 at 11:35 pm
After watching a commercial I decided to create an account. I won a few gift cards but I noticed that when I am not logged in there were many more auctions available (several with no bidders or with one bidders) that were not available once I was logged in the system.
To verify, I cleaned the cookies in my IE and viewed all ending auctions. Then in another window I opened Mozilla and logged in. I copied several ending auctions from the IE window to the Mozilla window. When you go to bid it says unavailable!!!!!
So what this site is doing is to let you win a few items to lure you in and then they don’t make all auctions available but only a few with high traffic so that you keep bidding.
I have not found the above procedure listed in their website, so I am sure they are violating some law. Someone is ought to close them down at least for misrepresentation of the bidding procedure.
AVOID this site!!! I haven’t visited any other penny auction sites but I am sure they do something similar if not the same.
Susan says:
March 26th, 2012 at 4:20 pm
Absolutely true, total rip off. You pay a dollar to bid a penny? Then you never win anything because it’s all rigged and they take your money with impunity and don’t care what affect it has on you. These are evil people and thieves. AVOID QuiBids completely or lose big time. You won’t gain anything, that’s for sure. If you want a legitimate auction stick with eBay.
March 19th, 2012 at 11:32 pm
After watching a commercial I decided to create an account. I won a few gift cards but I noticed that when I am not logged in there were many more auctions available (several with no bidders or with one bidders) that were not available once I was logged in the system.
To verify, I cleaned the cookies in my IE and viewed all ending auctions. Then in another window I opened mozzilla and logged in. I copied several ending auctions from the IE window to the Mozzilla window. When you go to bid it says unavailable!!!!!
So what these scammers are doing is let you win a few items to lure you in and then they don’t make all auctions available but only a few with high traffic so that you keep bidding.
I have not found the above procedure listed in their website, so I am sure they are violating some law. Someone is ought to close them down at least for misrepresentation of the bidding procedure.
AVOID this site!!! I haven’t visited any other penny auction sites but I am sure they do something similar if not the same.
March 19th, 2012 at 7:13 pm
There’s no doubt the advertising as it relates to prices paid is misleading, but I wouldn’t call the site a scam on that basis. They’ve delivered whatever items I’ve “won”(i’ve only bid on gift cards mind you) on a timely basis as advertised. But here’s what I find makes it (and probably all other penny auction sites) a hugely disappointing site for the vast majority of participants:
- Merchandise: over 2/3rds of the auctions on the sites are for other bids. Kind of flies in the face of their own recommendation of only buy things you’re willing to pay retail for (I wouldn’t pay a plug nickel for a bid that can’t be used in acquiring the item under the “buy now” feature). While this may be a way to buy cheap bids, it’s also the reason the hard core players win most of the time – they invest huge dollars in bulk bid buying so they can afford to run up the bids on items the casual player actually wants. In any given hour outside the heavily trafficked 11:00-5:00pm times, there may only be 2-3 “real” items up for auction.
- Time of bids: the site basically shuts down from 11pm to 9am (EST) so the few auctions available during the off hours attract too many bidders and the more frequent auction times are when most people are working.
- “Bid busters” – the site proclaims it places limits on the number of times the same player can win in order to allow everyone a chance. (ie: the sharks who have nothing better to do but follow the site, buy bulk bids and steam-roll the casual player). But in the same breath, they allow players to bid on “auction busters” to get around the limit! Ask yourself who would be bidding on these type of packages except for those who have won multiple times already!
- Shipping and handling fees: can represent a significant percentage if the underlying value of the item. All gift cards carry a $3.00 S&H fee…so you’ve already lost 30% of the value of a $10 card before you even start!
So yes, there are most definitely a few who probably reap huge deals on the site on a regular basis. But unless you’re willing to spend CONSIDERABLE time and a fairly large investment in acquiring cheaper bids on auction…you’re a sheep amongst wolves. Not worth the time or money in my estimation.
March 18th, 2012 at 4:51 am
I did a tally of 16 iPad2 16GB WIFI sold in last week and the average price per Ipad2 is $37.68. That is 3,767 bids at $0.60 USD per bid works out to $2260.2.
That’s how much they earn for every iPad2 they sell. The same iPad from Apple directly costs $399. Quibids buy them for $399 from Apple, and sell them a large collective for $2,260.2USD pocketing a whopping 1,861.2 in profit or a 566% ROI.
It’s a new model all right. A new model to scam money from those who are too stupid to do the math themselves.
I love how QB calls this a ‘game’ and not a ‘gamble’. Of course it’s a gamble. The collective spends $2,260.2 USD, and only one of them walks out with an item. Just like a lucky door prize.
But you say that if you keep at it, you won’t spend anywhere near 2,260.2 and still get to walk away with a bargain. Tell this to the guy who spent ‘only’ $60.76 on the iPad2 (plus taxes and shipping). Too bad that bids alone would have cost him an odd $729 in the process. You keep going until you basically lose. Kind of like Russian roulette in a way..
GMM says:
March 19th, 2012 at 11:42 pm
not only that. The scam is even worse:
If you are not logged in the website there are many auctions available to bid (several with a couple of bidders). Once you log in there are only a few with high number of bidders.
To verify, I selected one auction with one or 2 bidders and only 1 minute to end. I then logged in and to my surprise the site was not letting me bid saying that the auction is unavailable. I did the same for several other items (clean cookies in between) and was getting the same. They make available only a few items once you log in and these items are the ones with the high traffic….
March 18th, 2012 at 12:45 am
I’m unsure if the star rating refers to the opening review, or the company being reviewed. The opening review was decent, but still tolerant of the lack of integrity of the Company being reviewed.
Simply, Quibids ia a gambling site which has masked itself as an “On-line Auction” to avoid licensing issues.
This quote from their “How it works” section says it all, “So at least you had a chance at getting it at a discount, eh?”
Essentially you purchase gambling tokens which they call bids, at u$0.60 each. The only thing that is guaranteed is that each bid you place will cost you sixty cents, whether you actually receive an item or not.
They purport to be “Just like a live Auction”, but in reality there is a reason sellers hire a third party auctioneer to handle the bidding process. Simply, the auctioneer is there to prevent “price fixing” and to ensure everyone gets a fair chance to bid. In this case, the “Seller” and “Auctioneer” are the same entity and there is no way to ensure they two will act to keep the other honest and above board.
In my opinion, anyone who actually believes this is a legitimate auction site validates the saying, “A fool and their money are soon parted”.
As to the poster who cited “Caveat Emptor”, the only thing you can actually buy there is their gambling tokens. These can be applied toward the full purchase price under their “buy now” option, but that doesn’t really work out to be much of a discount really. One may as well bid only once then exercise the “buy now” option, to end up paying the same price anyway but saving the hours which can be better applied to other activities.
There mere fact that the price in BOLD print is 1/60th of the actual cost before taxes and shipping qualifies this as a scam.
March 17th, 2012 at 11:10 pm
Boy do I disagree with the negative reviews! I saw my first Quibids commercial last night on TV. This morning, I signed up to give it a try. At first I was like, oh no, I have to pay 60 bucks in order to buy a bid package? However, that’s okay, because I’ve been playing around on the website and here is where I stand right now (and I am a rookie is just learning the ropes!):
-Garmin NUVI retail value $180–I paid 25 cents plus $11 shipping (total $11.25) I placed 6 bids total, or $3.60 in bids.
-$25 Subway Sandwich gift card–I paid 21 cents plus $2 shipping (total $2.21) I placed 4 bids, or $2.40 in bids
-$25 CVS gift card–I paid 10 cents plus $2 shipping (total $2.10) I placed 3 bids, or 1.80 in bids
It is NOT difficult to win these bids. You just have to use common says and pay attention to how it works. The example given in this article of paying for 2,254 bids is ridiculous. Nobody would do that (at least, nobody with common sense would). You just need to wait to click “Bid” until the auction is down to 1 or 2 seconds remaining, and then cross your fingers that you get it. If you do, great! If not, try a few more times but just don’t sit there bidding over and over because that won’t do anything—there will always be people out-bidding you. I love this website—I can easily see myself making some nice money here. The Garmin NUVI that I won is something I’ll sell on Craig’s List for $150. Sweet!
March 17th, 2012 at 9:34 pm
So I won a Kindle, second generation and it wouldn’t work. So I called Amazon to try to figure out the problem. Turns out the serial number is registered as a lost or stolen Kindle. So now it won’t work at all as it is blacklisted. Makes me wonder where Quibids gets its merchandise! I have tried to contact them but nothing yet. I would be very careful with this site.
March 17th, 2012 at 4:48 pm
I too went into Quibids with eyes open and in fact won 6 items plus extra bids auctions. I did try on several occasions (unsuccessfully) for an ipad; My only wish is that I had a financial interest in the company itself. For example several ipads went for around $60 or more that is 6,000 bids @ 60 cents = $ 3,600 to Quibids – not a bad profit for an item worth around $600 retail (no doubt Quibids would get them a lot cheaper than this).
March 16th, 2012 at 1:24 pm
If you go on the site for a few seconds, you should be able to see that this is not worth the money. The How It Works section explains that bids are $0.6 a piece.
Of course this is bad deal. I am just surprised that anyone would actually bid on this site.
March 16th, 2012 at 10:51 am
This is a shocker…. what a rip off. This site has 2 stars….? why such a high rating?
March 15th, 2012 at 2:10 pm
If you play smart it is not a scam and they give you plenty of information to make sure you don’t get yourself in over your head. Essentially if you do, you didn’t research enough. They tell you not to bid unless you are willing to go all the way and then you are given the opportunity to purchase your item with all of your bids going towards the item purchase if you do not win the auction or have already spent enough. All of this is written and explained on their site so this does not make them a scam. What does make Quibids a scam is that they changed the ad and auction item after the auction was done and after we purchased it. They denied it and we had no proof. Total false advertising. We should have printed off the page. It really is a dumb way of doing things and we will never again do any penny auction.
Skeptic Al says:
March 17th, 2012 at 9:47 pm
So, it’s not a scam, but it is??! LOL Clearly, as this page has very eloquently spelled out, it is a brutal scam.
March 15th, 2012 at 9:07 am
This Quibids is a ripoff, they are a corrupt business. Never bid with them. I hope they close down or get sued.
March 14th, 2012 at 9:13 pm
Quibids is like a game you pay to play at a carnival. You buy some balls and throw at the bottles hoping you’ll win a prize. But each ball you throw costs you money and eventually you may “win” the prize only to discover you paid more for those balls than the prize was worth. I don’t play carnival games.
March 14th, 2012 at 7:58 pm
You’re a sucker if you fall for this. Who in their right mind thinks they can get things for so cheap? I mean what is wrong with people?
QuiKid says:
March 15th, 2012 at 7:26 pm
Well, you can cheat the system by using a Visa gift card. Yeah, I’m cheating the system that’s cheating me!
March 14th, 2012 at 7:03 pm
I understood from the get go that I would have to pay for my bids, what I wasn’t expecting is that in just signing up they charge you for a packet of bids you cant just pick a packet, then you have to sit there and keep watching you bid, every time a bid is made 10 to 20 seconds is added to the time, bidding on one item cost me 2 1/2 hours and i wasted 50.00 for nothing. they say its like a real auction adding the time but at a real auction you dont have to pay for your bids. if you leave for a ew minutes and go back your item you have been bidding on is sold. not worth the time or money.
Larry says:
March 15th, 2012 at 9:16 pm
This is exactly what happened to me. Well the automatic charge to my card. Well I emailed them instantly and told them this was a mistake and that I was simply checking out the site. I went on to say that if I dont hear from you within the next 24 hours I will have no choice but to contact my bank and have the charge reversed. That is the great thing about using a credit card. No matter what, you can go to your bank and scream fraud and no one gets anything until all is straighten out.
Needless to say I received an email promptly confirming my refund
March 13th, 2012 at 9:18 pm
If their countdown bid clocks do not count down but bounce around why would you even begin to believe a legit auction……scam in my book.
March 13th, 2012 at 4:51 am
If you have the habit of carelessly glancing over a website and then proceeding to enter your credit card information in with out 2nd thought, Quibids (and every other site where you purchase a product) is not for you. I am flabbergasted at the amount of people here that say it is a scam! You people let me down by not being qualified to write a review.
Quibids was the 4th place I tried because of you when I should have went there first. **Here are indisputable facts of why they are not a scam!
1) Just because they charge for bids does not make them a scam: I saw 3 times where it told me that I must buy bids to play before and during registry. If you decide to not read the rules and then give a company your credit card, Keep your opinions to yourself on reviews. 2) Quibids buy now feature makes the risk 0 with real bids. You can only get the item for retail or cheaper.
3) Their customer service went above and beyond to help me with my issue I had.
Say wut? says:
March 16th, 2012 at 7:08 pm
Did you just tell people to keep their personal opinions out of a review?
Are you new at this?. Business thrive on product and customer service reviews all the time!! IE YELP and the star system on both ebay & amazon.
People can be easily baited into giving out credit cards when something seems too good to be true, it’s deceptive business practices.
The commercials say you can get a new car for $1800. I’d call that scam worthy
gimmeabreak says:
March 15th, 2012 at 2:55 am
Yeah, and that chick on the commercial is hot too. I’m going to quibids.com RIGHT NOW!!!
lmfao
Be smart. Don’t try to out-scam a scammer. Stay away and let the thieves play with each other.
jonny says:
March 13th, 2012 at 5:01 pm
how much are the bids
March 13th, 2012 at 1:26 am
Just avoid them like a plague. They are ripping people off. They just rubbed me, I was charged $23 for just trying to find out how it works. Do not trust them.
Conned
player2 says:
March 25th, 2012 at 8:54 am
They dont just KEEP your money and make your bids history.If you purchase the bids and you bid until you have exceeded the value of the item including price currently listed in bidding auction plus bids(at .60 per bid)spent they will pull you from the auction and tell you that you have now bid more than the item is worth and you can BUY IT NOW for s/h or fee.They are actually preventing you from getting caught up in the bid war and bidding past what the item would be worth to you.If you chose not to purchase the item(they offer it for 2 hrs after the auction ends)then its your fault you lost the item.
The only time the computer wont stop you is if you are using voucher bids-ones that were won from the company in bid voucher options or attached to products or in a gameplay win.Those bids have zero monetary value toward purchase price-as you did not pay money for them-only bought bids that cost you money in bid packs will apply to purchase price as monetary value.
ex.-You buy the initial bid join pack(60.00=100 REAL MONETARY bids)
you bid on a 10 gift card 15 times(15x.60=9.00)the card is at a bid price of .55 cents if you try to bid time #16 it will tell you that you are bidding over the price of the product and utilize the buy it now feature and you pay s/h….because 16x.60=9.60+.55=10.15.
They arent ripping you off they are preventing you from getting caught up and not realizing how much you are spending because you want to WIN-
moneypenny says:
March 14th, 2012 at 3:20 am
Hey so just a heads up,
K, so the other night I was bored and I saw this infomercial about this site called “Quibids”, If you watch late night teletoon or TV tropolis you may have seen it. So anyways I decided to sign up and buy the intro 100 bids for 67 bucks or something like. After bidding on an item for quite a while I got a message saying :you can’t bid on this item anymore, you’ve bidded the cost of the item.” WHA??? two bids later someone won…. but the bids I invested are history. What a waste of my money. I contacted customer services and they said that they don’t want us to pay more then the item, but you don’t get the money back for the bids…. They just keep it. Sneaky sneaky sneaky.
March 12th, 2012 at 6:16 pm
There is a special place in hell reserved and waiting for the people who are behind this immoral, sleazy business.
March 12th, 2012 at 2:55 pm
60 cents for 1 bid..scam
March 12th, 2012 at 10:57 am
Clearly as you read these – one 5 star to several 1 star. IE: those 1 stars subsidized the 5 star. It’s just a pyramid type Ponzi scheme. Just know that going in… you can win, or lose – but like some said have fun regardless. Don’t get pissed at the guys the figured out the loop hole because you were stupid. Personally – I’m not bidding on anything there. Honest buck, pay the price, everyone happy. Have fun!
March 11th, 2012 at 11:07 pm
If people are just a bunch of sheep let them lose their money. The only thing worth getting on there is probably the gift cards. Just remember to buy them during the week because everybody has time on the weekends to bid. It’s not a scam only the sheep think its a scam because they were to stupid to do the math.
March 11th, 2012 at 10:42 pm
If you are looking at this comment understand that “Quibids” is a complete scam!! I promise you. I saw a commercial advertisement last night and I tried it once I woke up that next morning. I went through their membership process where I purchased my first 100 points for $60. I read everything before signing up and thought it seemed I would have a reasonable chance of winning. At first I did win, a $10 outback gift card, $25 chilli’s gift card and felt a little confident about buying more bids to go after a little higher price level item.
I noticed that the biding process was always shorter when I did not place a bid, meaning I would watch an auction until the item was sold and the winning bid on like an Xbox 360 would be $22.17 but the next auction that came around I placed 3 bids and watched that auction end at $52.86.
I somehow at that point still thought – “maybe I was just being too cautious”? So I bought 300 bids like a fool for $180 bucks and went after a higher bid like a laptop retailing at $749.99. I waited a while before I started bidding. The current bid when I placed my first bid was around $32.65, so I was sure the odds was on my side. I turned on the old handy “Bid-O-Matic” and kept resetting it 25 bids at a time until I reached 136 bids!!! I stopped right away because I realized that no one in there right minds would continue to bid against 136 consecutive bids at that point in the auction.
I just now checked that same auction and it is still climbing at a current bid of $62.12 (I stopped roughly around $41.05). Too make things even worse its the same usernames that I was bidding against!
I strongly urge you to reconsider spending your hard earned money on a scam like this. I cant even get the $81.60 back because I used it in the bid and Quibids will not refund any money used in any bids. I will end off saying I am one of the people who just read the comments on things and never write one of my own, in fact, this is my first one ever! I swear on my two daughters! Quibids is a scam people!
YOU’VE BEEN WARNED!!!!!
atul says:
March 12th, 2012 at 11:33 pm
thank you
March 11th, 2012 at 9:35 pm
Thanks so much for these reviews. I’m in the market for an iPad 2, and saw the commercial for quibids and thought I might go down that route. But after reading this, I’m glad I looked into it first, I will not be joining that scam. “if it sounds too good to be true….”
March 11th, 2012 at 1:08 am
I was first impressed by the video and large signs of discounted prices.However Ryan seems to be the only smart person here on the reviews.After reading the first 20 reviews I too read “how it works”on the QuiBids website and it simply is put there in black and white.This “game” of bidding is the best money making business I have seen in awhile.All I can say is always read up on any company asking for your credit card info before using the service.Don’t write a bad review because you were the one to sign up before reading the terms and Conditions. Seriously can’t blame anyone else as “YOU” the consumer has made.
samus says:
March 19th, 2012 at 10:15 am
so its ok for a website to prey on the desperate as long as they write the rules somewhere in the fine print? oh ok then. i guess morality is for chumps
Jeff says:
March 16th, 2012 at 10:39 pm
Sounds like the people saying it is not a scam have too much money invested in it already and are trying to convince us so they can get something back.
Dave says:
March 15th, 2012 at 8:45 am
You may be right but it is misleading advertising
March 10th, 2012 at 11:32 pm
Calling a news company to investigate this “SO CALLED” company, and the BBB.
Jos says:
March 13th, 2012 at 12:06 am
It IS a company! Even though I just heard of it, I think it sounds great! You have to be able to strategize, but it is a legitimate business!! Like Steve 2 comments up wrote, you can’t blame the company because you’re not bright/savvy enough to figure things out! Sorry, but buyer beware! Educate yourself and take responsibility for your actions. The details are outlined for you!
March 10th, 2012 at 10:18 pm
I actually stumbled upon quibids by accident one day while touring through the web on my ipod. Figured why not? Well, I’m not an idiot and I understand mathematics and probability, etc. Thing is I guess that I did okay, I won an apartment sized washer and then a dryer, both for under $1 then I won two Cuisinart mixers (the big ones) each for about $5.25. Then I won two of the Keurig Coffee sets, each at under $7. I have however found that it is very addictive and incredibly insidious. I think what I have experienced since those wins probably feels exactly like life is like for an alcoholic or a gambling addict and I didn’t even know it was happening although I knew. They use the bait and switch as well. there is a spot where they ask for suggestions on what you would like to see for sale. I quite openly said I want to have a Roomba. Within the next two days a roomba came on the site and of course I bit. Then I got an email stating that it had been withdrawn from auction – no reasons given. It’s not like they didn’t auction off others over the next week or so it appeared. But I took that – things happen after all. I too have had the problems with the site freezing at the last moments – it took me a while to forgive my mouse for that one. It is very easy to be caught up, you run out of bids- no problem just click a button and you are set again – no actual cash to count no card to dig out no PIN to put in, no time to think twice just another click on the keyboard. Bottom line – I have sworn off quibids for the sake of my own sanity and for the sake of my bank account which has taken an amazing beating over the last couple of weeks without me really noticing it. I still have 13 bids left there but I’m not even going to try to use them – it could all become a vicious circle (click, click). Stay away unless you are into self abuse and have an endless amount of time and money to throw away.
March 10th, 2012 at 8:50 pm
quibids is fake, I can’t believe they are running commercials on tv and can’t wait until they’re arrested for wire fraud
machel says:
March 17th, 2012 at 10:41 pm
me too!!!! it seems to be very predatory!!! like the sales man that comes to the old ladies door and talks her into all her money because his going to triple it. thief’s!!!
March 10th, 2012 at 12:15 pm
QUIBIDS is the best, I win all the time by using my strategy, most bidders give up in the end and then I win. Most bidders who have lost a load of their bids when bidding against me now see me bidding and stop allowing me to win things at very low prices.
and new comers dont fair any better in fact bring them on I love wasting them in the bidding ring!
I’m winning loads today already, I am the king of QUIBIDS no once can beat me now, no one is prepared to challenge me.
Ha ha
Ipada10850 says:
April 27th, 2012 at 12:50 pm
There is a natural point in the process when too many people try to take over so I move elsewhere to other sites and start again. Watch out for gintass wam37 kingkong335 on quibids. They are the ones to take on next!
whitewash says:
April 23rd, 2012 at 7:10 am
Too bad you don’t win anymore mate. You’re just a bluffer these days.
ipada10850 says:
April 7th, 2012 at 7:25 am
To Honesty
you say I’m an idiot – ha ha ha
you cant spell either
Your should be you are or you’re
So I guess that makes you an idiot as well – ha ha ha
Bullsnit says:
April 5th, 2012 at 1:42 am
What kind of person stops bidding at the end… Thats when the majority of people want to bid, so they can be the last, you make no sense and contradict how auctions work.
Honesty says:
March 17th, 2012 at 12:51 pm
Your an idiot, you can’t even spell one correctly you spelled once. You should bid on a new brain, humility, and kindness because you sound like you need them all. And since you’re the king of Quibids why not win some really good stuff and donate it to charity, instead of being selfish and seeing how much you can rake in for yourself!! Greedy & egotistical!!!
vracan says:
March 13th, 2012 at 12:34 pm
It’s a scam when they lead you to believe you can get an ipod for $22.54 on nationwide TV!!!
Fruda says:
March 13th, 2012 at 7:36 am
Somebody’s just a wee bit full of themselves, aren’t they? Oh well, feel free to continue emptying your bank account and making a bunch of foreign scam artists rich Mr./Mrs. Ego.
March 10th, 2012 at 10:44 am
the old saying there is a sucker born every minute. Stop chasing what seems like an impossible thing and you wont get burned. Little logic goes a long way folks!
March 10th, 2012 at 12:37 am
They might rip you off by charging .60 cents for a .1 cent bid, but they also allow you to bid on bids. you can bid on bids and pay less then straight up buying bids. And if your smart about your bidding you can be successful, without paying too much.
March 8th, 2012 at 5:48 pm
Quibids is not scam, and it is real business which they are smarter than consumers. let do the math. $0.60 cents per bid (each bids = 1 cent increase in auction) the Ipad 3 cost $699.00 retail, Quibids sold to winner at $47.00 ( most the time auction sold for $87 – $128 )
$47.00 x 100 (each bid increase 1 cent) x $0.60 (per bid) = $2,820.00 ( for an ipad 3)
they collected $2,820 for $47.00 an Ipad sold to winner. (all robot automatic set for winner) human can not beat the robot. just like google robot.
so next time do not look at the small number, do the math first before spend your hard earned money!
Bal1 says:
March 14th, 2012 at 5:32 am
Milhouse, Brian Potter and Be Smart – are you working for Quibids by any chance?
It is clear from all these comments that if you go to Ebay instead of Quibids you can get all the thrill of bidding and winning items, while knowing exactly how much you are really paying. Why waste your money in a scheme designed to con you into thinking you are getting a bargain when in fact you are paying vastly over the odds?
Personally, I know there are plenty of people out there who are bad at math and just want a bargain, but I don’t think they deserve to be scammed just because someone else is smart enough to do so.
milhouse says:
March 11th, 2012 at 2:31 am
Your math is right, but who cares how much money they make? The winner still won the Ipad 3 for $47 (plus number of bids winner invested).
The key to the site is to win and minimize the number of bids. I’m not sure what you mean by “all robot automatic set for winner”, but the external audit performed verified the bids were not performed by employees, or shill bots on behalf of the company.
If you’re bidding on an ipad 3, I am sure it is a very popular auction and therefore very difficult to win. This doesn’t make it a scam, just know what you’re getting into.
March 8th, 2012 at 5:43 pm
Quibids Sucks, big time! I was in the bidding battle and it was down to me and another guy. All of a sudden my actions were frozen (I couldn’t continue bidding) because their site locked me out and asked me to “Click, if I’m back”. I was never gone and the other bidder won the item by the time I could log back in. I lost 50 some bids and when I complained they told me “Sorry, you’re out of luck.” What a bunch of A-holes.
March 8th, 2012 at 1:18 pm
Has anyone noticed that you can look at how much recently sold items went for by clicking the … it will say this item sold for 1.95 2.77 … but it will always be a low low amount and if its a TV when you click the … it will say there are no results for these items. WHY? why don’t they want you to see what the televisions have sold for maybe they don’t want you to wait til the price get up higher but to start when its low so you have to spend a ton of bids. Quibids might not be illegal but they definitely walk the line and cross it morally.
March 8th, 2012 at 12:40 pm
How do I contact these people to close an account I allowed my grandson to go onto without investigating it first?? Help. they have my credit card number….
Ken says:
March 10th, 2012 at 2:58 pm
cancel that card ASAP
sheila says:
March 10th, 2012 at 11:19 am
You sign into Quibids and hit the help button then just send them a message that you want to close out your account.
March 8th, 2012 at 10:40 am
Stay away!
They take your credit card to join.
They charge you – without your knowing!
They are scammers!!!
March 8th, 2012 at 10:30 am
Im can’t stand the tv add, driving prices up! All the while they keep
running the add 24/7 uh..
March 8th, 2012 at 9:33 am
This is the biggest scam in the world and so misleading.
People are paying way too much for everything and being misled.
For instance an item that sold for 20$ is people actually paid $1200.00.
I learned this lesson the hard way and would never bid on this site again.
PEOPLE STICK WITH EBAY OR KIJIJI
Kim says:
March 16th, 2012 at 3:12 pm
@Steve – so when IS the right time to bid?
Steve says:
March 11th, 2012 at 11:23 am
“For instance an item that sold for 20$ is people actually paid $1200.00.” But how much did the winner pay for it? $20 plus 60 cents?
It’s Not a scam, if you only bid once and win you just pay $0.60 for the bid and the amount of the item…Just need to know when to bid…
March 7th, 2012 at 3:56 pm
These people are scammers. Do not register and whatever you do, DO NOT give them your credit card number.
Without ever placing a bid or buying anything, they immediately charged my credit card $60. And they have no phone number available to talk to them. AVOID this company like the plague.
Johnny says:
March 13th, 2012 at 3:07 am
When you registered, you gave them permission to charge your card for the “Beginner Pack” of bids for $60. Sorry that you couldn’t read and yet still provided your credit card information to them.
Just contact support and ask for a refund of all unused bids.
March 7th, 2012 at 10:43 am
At the end of the day,this site is not here to help you at all.It is here to make them a boat load of money,So do your self a favor go to the casino where your odds are better.I can’t stand a thief and that is all they are.
March 5th, 2012 at 11:35 pm
I was always skeptical to trying out quibids. The advertising was poorly made, and just didn’t make it out to seem legit at all-So I never made any point at trying it out. Around a month ago, my mom told me that she registered for “quibids.com” and was paying the $50 activation fee to get started. I advised her right away to get off that site and that she just blew away her money on nothing..It seemed to good to be true, that you could win something for so cheap.
I was aware about how quibids worked and I came to the realization that maybe it wasn’t so bad after all, but wouldn’t spend my time or money on this “gambling” website. I few days had passed and my mom informed me that she bought a knife set for only $2.34. Also, she only placed 2 bids.
I was actually surprised at what she was telling me. So I did the math and she only spent $3.54 on the product, and then $11 for shipping. Bringing the grand total to $14.54 Cnd. Which is great because were from Canada.
Then was the next question..Did she actually win the item? Or would we just be falling victim to another online scam. That question was put to rest only 4 days later. The knife set arrived in the mail only 4 days after we won the bid (3 days in transit)…To be honest, I was so shocked, To have this knife set in our home..with a receipt saying that we purchased it for $3.54!
I WAS BLOWN AWAY!
A month or two passed since we’ve received the knife set and I couldn’t be happier with the purchase.
Then I wanted to try it for myself. So I bought my moms bids from her and she gave me her account. She only left me with 20 bids..but that was enough..at least to feed this hunger that I had to win something. Well at least thats what I was hoping!
Like anyone else on the site, I sat back and casually bided on products, then was outbid as the timer showed 3,..2,..1. SOLD.
I realized that I would go for lower priced items for the first while, until I was confident on spending more money in hopes that I would luck out on a bigger ticked item.
So right before bed I decided to log back on and check out some of the auctions that I was watching. The iPad 2 was still going-4 hours later. I only had 3 bids left and just wanted to get rid of them..Maybe I overlooked quibids and maybe my mom just got lucky,
So I placed 2 bids on a watch and my last bid on an air mattress. The watch sold so I watch the mattress as it went into its 10s countdown. I kinda sat back in anticipation that I would quickly get outbid. The clock counted down 3,..2,..1 and then SOLD.. I WON THE AIR MATTRESS!
I know that it may not seem like a big deal because I didn’t win anything that big or an iPad like I was hoping for. But The air mattress retailed at $116 dollars and I only placed 1 one cent bid. The end bid was only $.10.. So I spent a whole $.70 on the actual air mattress and them $10 for shipping. Not only did I win the mattress, I also won 20 bids! So I thought of it as I bought 20 bids and got an air mattress for free! NOT BAD AT ALL!
All in all, people can knock quibids down all they want! I’ve been happy so far, and won on my first day of having the account. Im not gonna lie though, if you’re not careful, you will end up spending a great deal of money on this site if you just bid bid bid! Just be patient, and don’t get upset if you’re not the winner of a $1.12 iPad or $4.32 Sony 40″ lcd tv.
Just have fun :)
Big Jay says:
March 28th, 2012 at 12:30 pm
forteman you are a fake. A lot of grocery stores do charge $4.95 for gift cards. DUHHHH
f0rteman says:
March 11th, 2012 at 6:44 pm
Floorface and AZTeacher are fake! Like fface said, a bogus review. Lets see some evidence:
FloorFace: The clock counted down 3,..2,..1 and then SOLD.. I WON THE AIR MATTRESS!
Fake because there is going once, going twice after 3,2,and 1.
AZTeacher: which is less than the $4.95 the grocery store charges to buy gift cards
Fake because grocery stores don’t charge money to buy gift cards, only the value of the gift card (for a $15 gift card you pay $15+tax).
I would tell you more but you have probably figured it out by now.
AZTeacher says:
March 8th, 2012 at 9:17 pm
I would like to add that I agree with floorface – My husband spent a load of money on bids attempting to win me a Kitchen Aid Mixer for Christmas. He ended up ordering me one from another company because he was not able to successfully win an auction. I however sat down one evening an in less than 30 minutes had won $125 worth of gift cards for only $21.56! That was the cost of bids, shipping and the item! So, I have continued to “play”. I have in the last 2 weeks won or bought (because sometime, I use the buy it now option; my gift cards cost me face value plus $1.99 S&H)$325 worth of gift cards for about $215. I will agree not the HUGE saving advertised, but still a savings of $110. I mostly only bid on gift card – walmart, cvs, home depot, subway – because if I don’t win I can apply my bids to the buy it now option and only be out the $1.99 S&H, which is less than the $4.95 the grocery store charges to buy gift cards. AND before someone says this is BOGUS – I do not work for Quibids, I am a second grade teacher, mother of 2 – I only bid on items that we would have used anyway (who doesn’t spend $100 a month at walmart) and items to help save money on vacation ($50 gift cards to Subway will buy lunch a couple of days for my family of 4)
fface says:
March 8th, 2012 at 8:53 am
Bogus review from FloorFace – so obviously written by someone at Quibids.
March 5th, 2012 at 7:44 pm
I Got scammed by Qbids, it seems you cannot win .. the clock winds down and you’re sure you won it , but someone else got it , its like fishing ..where 10 percent of the fisherman catch 90 percent of the fish.. go fish for real fish .. it only costs you a license and a hook and worm!!!
March 4th, 2012 at 6:39 pm
Sorry but I simply cannot believe that there are people so naive as to actually fall for this. Seriously? Do you really think you can get these terrific deals? Even the style of advertising is gimmicky. It just screams “scam”.
KP says:
March 10th, 2012 at 11:24 pm
I was as skeptical as you when I heard about the site. Just today actually, hahaha. Anyway, I registered, but when it wanted to charge me $60 for the Bid package of 100 bids, I paused and did some research. After my research, well I figured it’s only $60 so if I lose it, that’s it for me. 15 minutes into it, I won 4 auctions, total value of over $300 and an extra 30 bids. Cost me $25 to ship and like $2.50 for everything. Now trust me, I know QuiBids are not losing money as they’re winning them from bigger items. but the total price of all my items means they only got about $150 from all bidders on those items so they’re out 50%. ($2.50 = 250 bids = $150 in their pockets) So in this case I’m the winner as I spent roughly over $85 for everything and I got $300 worth of items + 160 bids left to bid.
But some of their money making auctions are high priced items such as laptops, cameras, TVs, IPads and Gaming Systems. I’ve seen a Toshiba Satellite C655 15.6″ Notebook listed value is $569.99. The winning bidder bid maybe 50 times (equivalent to $30) to win the computer at the price of $37.58. Then he has to pay $11.99 shipping and handling. That means he pays a total of $109.57 for that computer, an 81% saving. He sure is happy. But then so is QuiBids, the site is charging $.60 for each bid, meaning $37.58 winning cost = 3758 bids = $2254.80total, nearly 400% profit on one item.
My advice is if you’re going to bid on QuiBids, know what you’re getting yourself into so you don’t end up losing a lot of money and actually come out on top. This will be the only $60 I spend for bids. Once I’m out of bids, I’m done and happy with my profit.
aaaoron says:
March 6th, 2012 at 3:18 am
I have used it numerous times spent about 350$ and won about 500$ in giftcards. its not as bad as it seems
March 4th, 2012 at 3:10 pm
I tried quibids once and then did a search about them and found a site that stated they used bots to up the price in the final seconds and i am sure that this is true since they wouldn’t respond to a question about this accusation.
March 4th, 2012 at 1:40 pm
There are some bidders bidding more than quibids will allow me to bid. I have counted some bidding more than 100 times on gas cards worth only $50.and then someone will win when there more bidders still bidding.
March 4th, 2012 at 8:40 am
Sites like this should not be allowed online at all, how they can be stopped i dont know. But they should be asap
scandalous behavior and nothing else
March 3rd, 2012 at 11:58 am
I have spent over $600 on this site and won only a few gift cards. Initially, I didn’t pay attention to all these rules and conditions that they had, so it was my fault for losing about $300. But I sat for watching the bidding site for 1 week and checked out who was bidding down to the timer. I noticed that some “auctioneers” were constantly bidding on the bid vouchers and never winning any items. There were more than just a handful of these people who kept going to the same vouchers to bid. I emailed customer service and questioned as to why the site doesn’t put limitations on how many vouchers a bidder can win per month. To me, that was not fair to other bidders who start to bid on a voucher to see bidders who have won 100 bid vouchers 3 times in a row. There wasn’t a chance I was going to bid against them. Anyhow, customer service told me that these bidders who have won bid vouchers do have limitations on their winning and it was part of the #12 slots/per month. That is a big fat lie! I have won a couple of 50 bid vouchers and a 100 bid voucher and they never appeared on my winning limitation. My conclusion is that Quibids do have people or bots who try to ramp up bids from the customers (and inflate the cost of products) thus making huge profits. People are forced to buy more bids if they want to continue to play. This is a HUGE SCAM!
March 3rd, 2012 at 1:15 am
The funny thing is that both sides are right about Quibids… its a scam AND a legitimate business. How can that be? On the Quibids website at the bottom of the page there is a link “How it works”. I followed this link because I was intrigued by the business model used by the company. The few short paragraphs written on that page were some of the best I have ever read… they were the perfect formula for sucking money out of naive consumers. The people complaining about Quibids have a valid point; no this business not designed to give you everything of your dreams for a 98% discount. Did your really think they were giving away $1,500 TV’s for $20? The people who say it is a legit business are also right. Why? Because Quibids money grubbing ways are all clearly explain on their own webpage. Happy Bidding!
March 2nd, 2012 at 5:45 pm
Such a scam, they used to be called something else i think but they use the same ad. Do not fall for this! They took me for $150.00 and I will never see it again. Can’t believe how people can act so straight and be so cooked.
March 2nd, 2012 at 1:34 pm
Seems simple to me. Bottom line is your paying .60 cents and in return you get .01 cent. Plus the shipping and handling which is inflated. 6000% profit and out of stock items which you dont get. I cant believe they haven’t been shut down yet.
March 2nd, 2012 at 10:01 am
QuiBids is the worst scam ever.
March 1st, 2012 at 9:23 pm
Report QuiBids to the BBB- this company is a scam.
Also, be sure to contact your state Attorney General to report the misleading and treacherous business practice.
March 1st, 2012 at 3:32 pm
Quibids was selling a particular knife set that I wanted and was willing to pay full retail if I did not win the auction since they have a buy-it-now feature. I did not win the auction and chose the buy-it-now option only to discover that their price was $200 more than I could have purchased same from many retailers. After one month I still did not receive the item that I paid over retail. I contacted Quibids only to learn that they did not even have the item they were selling. They refused to refund my money although they had an over inflated list price and further refused a refund due to the fact that they did not have the product. It took two months to receive an over priced item that they didn’t even have to sell.
I would suggest that if not an outright scam, there are definitely some shady business practices involved.
derp says:
March 4th, 2012 at 11:37 pm
wow…
February 29th, 2012 at 5:05 pm
I’ve played around with this website for about 8 months before coming to the conclusion that this company will let you win several nice items before they cut you off. I have won a MacBook Pro and a MacBook Air (both at a reduced price from full retail when you add everything up (i.e. final price and price of bids), several nice pair of Oakley glasses, leatherman tools, flashlights, watches, kitchen appliances, vacuums, etc… I have spent thousands of $$$ over the months and have won some very nice items and have paid full price for others.
Here’s the scam: Several times, after winning an item cheap (i.e. Monster Dog Sunglasses, LG Home theater system, iPad2, Deep fryer, Monster Dog Sunglasses) they tell me that there supplier is no longer able to provide them with the item so they have you choose something else of equal or lesser value or refund your money. Of corse, the refund doesn’t come close to the value of the item you just won. So I ask them, how can you be auctioning off the same product that you claim is no longer available? They say it can’t be removed from the sight because everything posts about 24-48 hrs ahead of time. OK. So, I watch for about two weeks and still see that item up for auction (i.e. Monster Dog sunglasses, LG Home Theater and iPad2). I tried several times to point out that what they were doing is illegal. Either they have the item or they don’t. If they don’t, then it should not be up for auction.
Anyway, they owe me an iPad2, Monsterdog sunglasses and the LG Home theater system. I do not want the refund of pennies vs. the actual value of what I supposedly won fair and square.
BEWARE! Quibids is a SCAM and they should not only pay restitution to those who deserve it but, should also be fined and shut down for EXPLOITATION and FRAUD.
devon says:
March 2nd, 2012 at 3:47 am
i do web and server design for a living. There is no way in hell they can’t remove things from the site or that everything MUST post 24-48 hours ahead of time. Thats an outright lie. They’re scamming 100%.
February 29th, 2012 at 3:05 am
Wasting your time and money.
February 28th, 2012 at 4:12 pm
Anybody who doesn’t like quibibs is obviously using bad tactics, because so far my BF and I have spend next to nothing for about $500-$600 retail value worth of items.
Quite frankly I’m glad people suck at it because their loss is our gain. I would also like to point out that it is only a scam if it doesn’t work, and the site DOES work.
Paul says:
April 17th, 2012 at 9:18 am
You people that commented are just jealous cuz you guys can’t win anything and you spend lots of money on bids.
Wise guy says:
March 3rd, 2012 at 7:22 pm
Shut your quibids mouth piece. I feel sorry for those who were too greedy to think straight before jumping in. I can smell a scam miles away.
erick says:
February 28th, 2012 at 10:11 pm
i think the point is if they are auctioning a $2000. television and the television ends up selling for $275. at 1 cent increments that is 27,500 bids at .60 cents per bid so quibids is actually getting $16,500.00 for that tv plus shipping and handling and no warranty, etc. it is a scam but a lot of people like to gamble and thats what it is a gambling site.
Biff says:
February 28th, 2012 at 5:08 pm
So says the Quibids scammer
February 27th, 2012 at 11:04 pm
Isnt it practically whoever runs out of bid points first and that last person standing wins the item…what i mean is that, that person who won the item had more bid points than everyone else(everyone else ran out of bid points)?…
February 27th, 2012 at 9:24 pm
i sit here reading these reviews and u people are obviously a big bunch of numskulls, cant you see nobody loses from quibids, the bidder gets items at low prices including the bids used,the site uses a tactic to make profit from small gain in large volume and the supplier of goods to the site gets paid, what does it matter to you the amount of money being made by them, just look at the benefit for yourself, there are no friends and feelings in business ppl come on
Gdawg says:
March 13th, 2012 at 11:02 am
When did Africa become a country? I am pretty sure it is a continent.
I have never used or plan to use quibids. I was just curious about the business model. But, I now know what kind of people get duped by them.
Shutit scamer says:
March 1st, 2012 at 3:04 am
Ya but if they are auctioning products they “can no longer get from their supplier” that is a classic bait and switch scam. Its always funny to see that in these comments there is always some one calling everyone “stupid” or “numbskulls” and defending the penny scammers. Dont worry i have heard it all i know u dont work for them and you have no stake in the company your just one of the “smart” people that know how to play the penny auctions and get expensive merchandise cheap. Then what are you doing in a blog that is found by searching quibids scam. If you have so much luck why waste time answering the comments of all us “numbskulls” that think your precious nationally advertised penny gambling site is a scam. Penny auctions are illegal in Africa because they ARE gambling. They cant even offer the manufactures warranty for the items sold retail and the only reason people go to them is for the “chance” of getting something for less than retail and if you lose and cant afford retail you lose the money you spent on bids. Sounds like a merchandise slot machine to me. (And the entire country of Africa)
Baron says:
March 1st, 2012 at 2:20 am
The losers are the people that didn’t win the item and had to pay sixty cents for every bid they used. Just to correct your rationale.
February 27th, 2012 at 11:51 am
A complete rip off and they will not refund unused bids like they say they will. Stay away from this place.
Bond says:
March 3rd, 2012 at 8:40 am
I gotta say my cousin paid $15.00 for an iPad 2 64 gigs and 30 bucks postage. She got it in a week.Pretty good deal for an iPad worth how much at retail? $5 or $600.00 lol. So what do i do. I join and pay about 90 bucks for x amount of bids. One hr after joining and bidding 3 cents on an iPad I found another site that delivered free anywhere in Australia with products I wanted that Qbids did not have. I emailed qbids support saying I had only just joined and that I needed a refund. Hadn’t even checked b4 joining if that was an option.Silly me.As it is I got a very courteous reply from Amanda at customer support saying I would be refunded immediately and that they were sorry to see me go. I got my refund 2 days later.
Im guessing Susan is working for the Quibids competition lol. Or maybe your refund was maybe 30 cents or something….lol
February 26th, 2012 at 9:22 am
this is def a scam .. ipad cost apple a lot more to sell it for 10 bucks .. its way of fooling people .. stop this nonsense .. they compare themselves to ebay . ebay is way better that quibids .. you pay by bid ? what the hell is that ? you are not winning the item to pay. auctions dont charge you per bid .. you might get a car 2000 dollars below market but they wont charge you for bidding on it .. its hard and make me feel bad how they fool people in so many ways .. this is where hackers are ethical ,, when they hack such scam websites and shut them down ..
February 24th, 2012 at 4:30 pm
I signed up on quibids because I was curious how it works. I have won four items. When I did not win the bid, I used the “Buy Now” option. If you don’t win you can end up paying more with the shipping and handling cost. However, I looked at the store and their prices are equivalent to Bed, Bath and Beyond, and Best Buy. I saw a Cuisinart coffee pot that I almost bid on go for .37. That means only 37 bidders. It is best to take Quibids 101 offered on the site before bidding to know how it works. It is not a get rich scheme but only a different way to try getting a reduced price by winning or simply hit the “Buy Now” button. If you are never lucky and never win a bid, then you are stuck with paying the shipping and handling which can add up, so you do need to use your savvy and win a few. They do not use bid bots. The bids are made by real people like you. Also, it is better to bid on items instead of gift cards. The gift cards are very popular and hard to win. There are less bidding on small items, like a coffee pot or a golf club. Now I must go and look at my watch list on quibids to see how the bids are going today. Take care and good luck. Don’t bid on anything you don’t need or want.
jeff says:
March 2nd, 2012 at 11:50 pm
@confucious
people can be awarded through games and achievements which do not add towards your buy it now refund. and so you never know how many bids a person can actually make. which adds another layer of strategy.
JM says:
February 27th, 2012 at 1:54 pm
there is no bot… this company is certified by the BBB (better business bureau) I have seen more scams going on on ebays than quibids…. they don’t hide how it works…. it’s pretty much like a poker game where you win prizes you pay to get in and get your chips and if you win the game you get the prize….. if that is a scam then don’t go on it… the less bidder there is the best it is for me…. less competition on the item….
chuck says:
February 26th, 2012 at 10:27 pm
lol quibids definatly put this on. how low of them, they are a scam dont let them trick you.
\
Confucious says:
February 26th, 2012 at 12:48 am
so i’m confused about this…. why in the world do people just sit there and continuously place 100′s of bids over and over and over and over? why not wait for the clock to tick down and wait for the bidbots to go over their bid cap and THEN start bidding???
Ray says:
February 26th, 2012 at 12:26 am
This review posted by Quibids… Obviously.
February 23rd, 2012 at 5:18 pm
Bait and Switch. A true nightmare, pure fraud. Can’t believe this isn’t illegal, but regardless will eventually be sued into oblivion.
mick says:
February 24th, 2012 at 9:01 pm
right on the money mate, hard to believe its running, but cant for much longer.
February 23rd, 2012 at 2:56 am
The website is purely dreadful, they compare themselves to ebay! You can buy yourself some bids knowing that they are purely making a killing on these items. But, there are no rules to the process. You can spend all day watching a item, get down to the nitty gritty with some other bidders who probably have been there all day just like you. Then all of a sudden, somebody gets off work and then gets right into your bidding. You have spent a good bit of your bids on this item, perusing an item with several people, when, BAM, somebody fresh with alot of bids pops in. There needs to be some more rules. Ebay, the price is the price, and if you want it spend it. If you really think about it, you have to buy bids, money, then if you win you have to purchase the item for the end price, money, then pay for shipping! How is that better than ebay. If you calculate the end auction for something that ended at 50 dollars, they have made, that is 5,000 bids, times that by .60 cents per each bid, that is 3,300 dollars that they made just for you to bid. Plus, pay 50 dollars for the item, and then shipping. Who is ripping of who! Yes, some people do get lucky, but this is no casino. I know several people, including myself who has tried this website, and none of them like it. Sorry!
February 22nd, 2012 at 11:32 pm
In Quibids’ info pack, they mention that when a bid is placed, the auction is automatically extended ‘by a few seconds’, probably 30-60 secs., to see if another bidder wants to up the ante. Of course, if another bidder comes forward, Quibids, through a bid bot, can ‘place’ a new bid, thus voiding your last entry. When you see that, you may bid again, thus giving them another $.60, although you are, in reality, overbidding yourself. If you don’t rebid, and neither does anyone else, the auction ends with the bot bid ‘winning’, meaning Quibids has all the bid money, and they get to keep the item as well, to be re-offered later. It reminds me of a friend’s description of prostitution: A girl sells herself to a client; when he is finished with it, she still has it, and can sell it again, and again, etc. I know that is an oversimplification of that ‘profession’, but it is analogous.
If I don’t want to have to pay for an iPad, or anything else, I will enter a legitimate contest, run on behalf of a known company, and take my chances. The odds aren’t good, but their is no monetary cost to me.
February 22nd, 2012 at 1:34 pm
You Liberal Communist stop belly aching; if you had won you would not be so disappointed. All of you are looking for something for nothing, that’s not how it works. To Quibids credit they clearly explained the rules; it’s not a scam, you take a chance and you might win or you might lose.
Dave says:
March 3rd, 2012 at 1:47 pm
Something for nothing? Is not that whole point of the shady site to begin with?
The words bid/auction themselves is false advertising. In reality, losing an auction to a higher bidder costs you nothing. Obviously, you’d likely pay close to retail or more in a true auction, but their commercials have twisted the very definition.
talisman says:
February 26th, 2012 at 8:09 pm
How much did Quibids pay you to post this lie???
February 22nd, 2012 at 1:18 pm
Complete rip off of people too stupid to realize they’re getting ripped off. My IQ is 160 and I laughed my ass off at this scam site once I read the site rules.
Jay says:
February 28th, 2012 at 2:47 am
Mines 146, and I don’t have to lie about that. I’m sure you have an even 160 (sarcasm). As if you can’t lie with a keyboard.
julius says:
February 27th, 2012 at 9:53 am
160 wtf that’s einsteins estimated level!
Chris Kortjohn says:
February 26th, 2012 at 2:48 am
Ha ha ha, you measured your intelligence. Are you trying to quantitize your value to society? Ill give you a hint, it cant be typed.
Tito says:
February 25th, 2012 at 11:25 am
Menotyou, average cost on cables depends on the brand. A Belkin USB cable costs $5 and sells for $10. A Monster Cable USB cable sells for $40 and cost around $17. There is really no quality difference, just paying for branding. Also, cables just don’t appear in stores with a snap of your fingers, there are shipping and stocking costs. In the end, the profit is no where near the same as these auctions sites. Amazon has that model. If you knew what they paid for products and how much money they make even though they price lower, you’d be pissed. But hey, that’s capitalism.
menotyou says:
February 24th, 2012 at 6:53 pm
hehe, forgot the decimal 16.0 *shakes head sadly*
but i do agree, it is funny to watch people jump in and lose money, because they forgot to find out the full story. Great business, and it always will be a great business idea to take full advantage of people. That is how the free market works. Look at electronics stores selling cables.
Bestbuy sells 10′ usb cable for $30. the employee price is $0.86. Tell me how this is any more unfair?
TOMAN says:
February 24th, 2012 at 5:11 pm
People who have IQ’s of 160 don’t boast about having IQ’s of 160
fasch says:
February 22nd, 2012 at 8:18 pm
i hardly believe your iq is 160. you wouldn’t feel the need to randomly post it like that.
at least that’s my guess
Joey says:
February 22nd, 2012 at 7:44 pm
My IQ isn’t 160 and I can still spell “Auctioneer” correctly.
you #FAIL
February 22nd, 2012 at 1:00 pm
They do not specify anywhere in the instructions when you start bidding that you can’t bid in separate auctions for similar items if your item is over $295. It’s written in terms &conditions that one “may not win” such an item. However bidding is not winning. I wasted 26 bids just because of that. They simply blocked me.They don’t give you an option to withdraw from an auction and be only in one. When I emailed them about the problem they replied ,” Our system will not allow you to be the high bidder in two auctions …” Thanks a lot for letting me know after the fact. If one does not like them and wants to stop participating, they do not return the remaining money.
So you decide if it’s a scam or not. On my opinion it’s a scam, since they do not return the rest of the unused money (obligatory $60 bid pack) to a customer who does not want to be their member any longer.
February 22nd, 2012 at 10:18 am
It’s almost like a slot machine if you think about it. you are gambling a dollar each time in hopes that you will be the last bidder. Of course..on the whole quibids is making a huge profit. but they tell you upfront each bid will cost you …so in essence..IMO it’s very similar to gambling against the other consumers.
February 22nd, 2012 at 8:57 am
Not having used my Quibids account for a while, I found a bunch of my “bids” missing. This thing is a SCAM, it is pure gambling. Do the math for yourself – it never adds up, except for the scumbags who should be warming a prison cell.
Criminal.
February 22nd, 2012 at 3:32 am
Bottom line. Don’t sign up for any of em’ unless you have countless hrs. to waist pushing a button and I mean countless. I own my own business.., if I were to add up the amount of time wasted vs making more money with my time I could have bought my Ipad 2 and saved my self money in the long run and not killed as many brain cells in the process.
February 21st, 2012 at 8:44 am
SCAM and HERE IS WHY. I bid and won an android tablet for $80.37. Then I was informed that the Item was ‘unfortunately ot of stock’ the refunded my 80.37, but not the bids. So the just made $5000 on a $400 item and did not have to even deliver it. The biggest complaint about quibids is this constant and mysterious ‘out of stock’. Since they control the auctions they never have to deliver a single Item. They will gladly refund you the price and throw in some free bids, but they do not refund all the bids for that item. Search the net and see how many people got stuck with ‘out of stock’ issues.
FDRODR says:
February 22nd, 2012 at 2:02 am
I was highly skeptical so I’m glad I did some research. To the person stating that why discount positive comments that I did not do. But you have to take a long hard look when the negative comments outnumber the positive 100 or better to 1. As to the employee dpringz they’re paying you to be here aren’t they, not a question but a statement. At that profitablilty yes you can employ a whole army at $15.00 an hour and still make a fortune. Glad I came across this site. Glad I came across the employee, saving my money now, thank you.
February 21st, 2012 at 3:12 am
My mistake, did not read all of the details before signing up. You buy bids at 60 cents each, one hundred bids is $60 plus taxes. Each bid is worth 1 cent. If you do not win the item you loose the money you spent for each bid.When it is advertised that an item worth $250 dollars was sold for $28, this means that there were 2800 bids at 60 cents each for a total of $1860 that bidders lost to try and win an item worth $250. This is a total waste of money and someone is profiting greatly from this site and it is not the bidders.
February 21st, 2012 at 2:12 am
Quibids is a two edged sword I’ve been observing habits on there for a while now and what I’ve deduced is that if you do win something you are either very lucky or the item was not worth much to begin with. The truth is that Quibids promotes elite bidders, they sell vouchers ranging from 25 to 250 bids, and this is the only way you will EVER win an auction against a committed few intent on winning that item. It costs you to setup on Quibids near $100 or so depending when and where you joined. This will get you about 140 bids if you tick all the boxes and get bonus bids at discount or the expense of adverts in your mailbox. Now I have seen it where a few will consistently win the bid vouchers and the more you win, the more you will keep winning because you now have staying power. You initial purchase of $100 is now more like (in the case of one person I have been tracking who has won 6 x 250 bid vouchers and a few 100′s and 50′s) around $1000+ minus what you have lost trying to win the vouchers.
So effectively Quibids is like those nations that decide to print their own money except without a market to govern them they are laundering it through the real market and while a few may get richer in the process (if you can call it that because voucher bids do not contribute to their buy it now option so unless you reinvest you will run out) in truth your initial purchase of 60 cents for 60 cents is more like 50 cents for every dollar you have spent or just a total loss unless you manage to win something.
Another fact you may want to know that contributes is Quibids has tried to cover their tracks with limits on how many auctions you can win, but then they also have vouchers called limit busters that defies that practice and for them is more like you just giving your money to them.
Honestly I’m surprised they are legal because as I’ve pointed out they effectively manipulate monetary value the moment you invest with them.
Another hypothetical is the old practice of a bidder who’s sole purpose is to drive the bids up, even if they win the item worse case scenario it just goes back into circulation as they are not forced to buy the object at the end. Once again I have observed a few of these elite bidders winning the same thing several times. Do they own shops or they reselling on ebay who knows but I wouldn’t be surprised at my initial theory as well.
February 21st, 2012 at 12:19 am
It’s an auction, not a store!!!! There is only one item up for bid, not many, and if you think it’s a scam that you have to pay for bids, well, guess what…that’s called a profit!
Curious says:
February 27th, 2012 at 6:39 am
While I’m not a Quibids member I was looking over the terms. I rarely ever reply to anyones comments. However,I will take a few moments to reply to “People Are Stupid”! I will agree its an auction and at auctions there is only one item and company’s need to make a profit. But, if there is only one item and you win the bid for it. How can Quibids ever allow anyone to say “the item is out of stock” and not refund the bids to the person who won the item and to all the others who bid on it! If that is true then there is the scam. I’m sure some smart programer and bean counter over at Quibids has some really good bidding/profit limits protocals built into thier biding software.
February 20th, 2012 at 6:17 pm
I’m a member of quibids and the first day I won a big ticket item. It was a Dyson vacuum. Including the amount I spent on bids and the winning amount of the item and shipping, came to about $50 – $60 total. I love my vacuum and I would do quibids again. I’ve only seen my vacuum up for bid 2 or 3 more times since I got mine, and I got it months and months ago, it was around holiday shopping time. So I really lucked out.
February 20th, 2012 at 3:31 pm
QuiBids is awesome
Guess What!? says:
March 6th, 2012 at 6:04 pm
I don’t believe you….
I>u says:
February 27th, 2012 at 7:53 pm
lol
February 20th, 2012 at 2:56 pm
Just amazed how many socialist and communist hate capitalism.
You poor souls are upset you didn’t think of this concept.
You were looking for something for nothing. You ended up with
nothing. If you don’t expect success via hard work you will
continue to rant and rave about others successes and your
failures will continue.
Not that much a difference than eBay. Inferior products being
sold to unsuspecting buyers.
Jazz master says:
February 24th, 2012 at 2:54 pm
Sure you do, you call people criticizing ‘communist’ as an insult and claim you love the site!?!?!? Grow up, you are an employee.
rmoranis says:
February 21st, 2012 at 4:25 am
Dpringz is an employee of QuiBids, of course….
Dpringz says:
February 20th, 2012 at 6:08 pm
I lean very left in my political views, and I still happen to love this site! There is nothing wrong with a company making significant profits as long as their not taking advantage of anyone, and Quibids offers tons of education on how to win.
February 20th, 2012 at 9:41 am
I just signed up yesterday and like others didn’ expect them to charge my account right away but they did and so I bid determined to at least make my money back before I closed my account for good. It was curiosity that drove me to join in the first place. So I bid a couple times on some stuff and quickly realized it could get very long and drawn out. Then I watched for a while and noticed certain gift cards going for .01 -.03. So I placed one bid on a $50 Sears card and I got it for .02. Not to bad, I figure I can do it again. I have 100 bids now because I got some more for earning badges and if I win a couple more things before my bids run out at least I made my money back. But I would never ever go for the big stuff. To risky and I would probably lose my shirt!
February 20th, 2012 at 6:32 am
I love QuiBids. I joined 3 weeks ago and have won my 12 auctions and saved well over $1,000. You can win 12 every month.
The people who complain the most are the people who don’t win or don’t understand what it is they are doing. If you read the QB help files, you’ll go in armed with the knowledge to get the most out of the site.
It’s like with everything – not for everyone, YMMV.
In the last 3 days, I got my biggest wins yet, an IPad and a Macbook Air for about $330 each. (That is the total of my bids, plus the auction cost, tax, and shipping.) Well worth it!
The key is to read the information on the site before you play and to avoid those weirdos that spend a million vouchers overbidding on stuff. You have to put the time in to figure out who to avoid, but it becomes pretty clear and if you stay away from those particular auctions, you do alright.
February 19th, 2012 at 10:20 pm
I signed up, paid for my the first 100 bids .60cents a pop and got nothing. I really though I was gonna get an ipad for $22.00. The jokes on me.
February 19th, 2012 at 7:17 pm
Sites like these should be illegal and should be shut down. I would recommend those who are getting ripped off to talk to a lawyer. I sure would! I was thinking about trying this but I always check the reviews before I do. Stop the nonsense!
February 19th, 2012 at 11:50 am
Cheats and scam artists. I am so mad at myself for allowing these thieves anywhere near my life. It’s a handful of the same bidders Where do they come from? HA!Ha!
February 18th, 2012 at 12:13 pm
So far I have paid $200 for my QuiBids knowledge. Here is a huge problem with the auctions. QuiBids will not allow you to continue bidding on items if your collective bids exceed the items value. However, there seems to be a lot of people who have accumulated hundreds of free bids (vouchers). These vouchers (since they are free) do not count towards the “product’s value” so they can, and do, continue bidding and eventually knock people with fewer, or no, vouchers. Example: you could bid on a $10 gift card. At $0.60 per bid, you could make 16 bids before the QuiBids’ computer locks you out (for your own protection, ha!) for exceeding the “product’s value”. However, someone with 100 free-bid vouchers could make 166 bids before they started using any of their own money to place bids_provided there’s actually a real person placing bibs. TIP: Nothing on QuiBids sells for one cent. So, unless your playing for fun, don’t play. That said, if you do play, you MUST accumulate free vouchers (by bidding on them, ha! ha!). This way you will be able to keep raising another bidder till he runs out of bids. Caution, you will find other QuiBids’ “customers” that will say positive things about QuiBids. Is there any chance that these positive comments could be coming from QuiBids? to counter some of the negative comments? Hum…
Kitty says:
March 2nd, 2012 at 3:44 pm
@Dpringz. For a company which makes an excruciating profit on every auction, I imagine that Quibids could more than afford to pay off a few bloggers to make the odd comment here and there. It’s a practice used widely by hundreds of companies worldwide, including ‘reputable’ online companies such as Google and Amazon.
It wouldn’t be hard to make a quick buck ‘scouring’ the internet for negative comments about a site (Read ‘scouring’ as: ‘searching the first 10 hits for “QuiBids scams” on Google.)
Dpringz says:
February 20th, 2012 at 6:12 pm
Do you realize how much it would cost to employ people to literally scour the internet in search of negative quibid comments? Why do people think every positive comment comes from quibids, that’s insane!
cecil says:
February 19th, 2012 at 8:25 pm
glad i read this thanks
February 17th, 2012 at 5:15 pm
i fell for it. that “auction” website sucks. if i lose to a real auction i still get to keep my money. if you bid for anything on that dumb website you pay for it even if you dont win.
Brandon says:
February 20th, 2012 at 3:41 am
Thats the price u pay to gamble. If u lose at a casino they don’t give u back your money. They tell u that u have the opportunity to win big if u take the chance. The same goes for a website that offers items for a quarter of the cost.
February 17th, 2012 at 1:02 pm
I sure wished I would have read these reviews before I signed up. I will definitely be deactivating my account. I signed up yesterday and figured out the site is making a killing. Looking at a Samsung 10.1″ Galaxy Tab right now going for around $26.00 = 2600 pennies x .60 = $1560 for an item that they state costed them $469.99 and the auction is not even done yet. After doing the math that means they make $1560 – $469.99 – $26 = $1064 off an item that costs them $499.99. Also, there are way too many people on the site. I should just go to Vegas and try my odds there.
February 17th, 2012 at 12:56 pm
Unfortunately I did not read any reviews prior to jumping on to quibids, nor did I listen to my wife (but what guy does?), and now I’m $400 down praying my wife doesn’t find out. She saw me on the site and said, “Don’t you go on that stupid site Frank! You’ll just waste our money! Don’t be so foolish”! I told her I was just checking it out – yeah right. Anyway, after winning 2 small priced items and feeling like a champ (I’ll show her!), I thought I’d move on to the bigger tickets, but first I’ll win some more bids. Oh boy! Well I went from champ to chump quicker than a tequila shooter goes down in a singles bar. I just couldn’t win anything, and each time I got close there were always 1 or 2 mentally unstable bidders placing far more bids than they could even win (guess those are bots). The most shocking example was participating in an auction for 100 bids. The bidder who won (if a real person), had either temporarily escaped from the comforts of their rubber room or was totally zoned out on crack. He or she or ‘what’ placed at least 175 if not more bids to win 100! Uh, HELLO!! I watched other auctions for hours (the wife appreciated that too), and the same thing happened time and time again. It is just too unlikely that there would be so many insane and/or completely drunk people bidding on a consistent basis. I’ve seen far less nonsense in casinos where they serve plenty of alcohol. So quibids….is it a scam or legit? Let’s just say they should change their name to ‘quibots’. Thanks for listening, I’m off to suck up to the wife and just hope she doesn’t put me on the auction block – I’m all bidded out.
Austin Blues says:
February 17th, 2012 at 4:55 pm
Hilarious post Frank… unfortunate lesson, but it got me laughing pretty hard at some of your comments.
February 16th, 2012 at 1:40 pm
Winning bids by guys named sears12345 and futureshop101?
Nice, real nice. The least you could do is hide the fact that you’re scamming people.
Equinoxes says:
March 6th, 2012 at 10:25 pm
I bet that was a random bidder trying to trick people into thinking there up against a machine, and therefore stay away from the auction. I would personally rather pay full price for an item from a real retailer where I receive the manufacturers warranty, then possibly save a small amount and in the process give these crooked s.o.b’s a single dollar
February 16th, 2012 at 9:23 am
HI! I am Dolores and I will tell you that Quibids is the most deceiving auction I have heard of. I really think they are not telling the people how much they lose. I lost 60.00 and received nothing… in other words they made $60.00 dollars from me and I lost the bid. Never again, I choose to bid on Ebay which is monitored and honest not like this dishonest and not telling you that the money you bid you will lose if the other parties that are bidding against you win. Dolores
February 15th, 2012 at 10:18 pm
I think what people tend to forget is, every bid that you have, you may not have had to pay $0.60 for it. For instance, I won auctions for voucher bids. For 50 voucher bids, I paid $0.27, which would have been $30.00 if just purchased, so technically, I saved quite a bit of money. There are strategies for bidding on auctions, especially penny auctions.
February 15th, 2012 at 6:05 pm
These guys are owned and operated by the former ‘Swipebids’. They’ve just changed their name and redirected any web traffic. Google it and see what you’re in for.
February 15th, 2012 at 2:58 pm
Almost all of the comments I have read are because of an unclear understanding of the way Quibids works before starting. Quibids is not out to get you, or suck away all of your money. Their site is very clear about not being unrealistic in your expectations. They offer plenty of free advice on how to win auctions, and how not to lose all of your money in the process. Half of the people above me seemed to think they could drop a couple of bids on an auction and get an ipad for $7. This can happen, but it is very unlikely for a beginner.
Start small with gift cards or sheets, read the free advice on their website, and most importantly never enter an auction unless you are willing to pay full retail price. Worst Case Scenario- You pay full retail plus 20 or 30 in shipping and other fees, so you pay a little more than you would have gotten it at target, but that’s a risk I’m willing to take. It is actually far more likely that you’ll walk away with a discounted product, could be 10%, could be 100%. It really depends on your skill level and who you’re bidding with.
February 15th, 2012 at 9:02 am
I actually like the site…a lot of people get angry because they spend a lot of money and don’t win….the site is set up so eery time someone bids it goes back to 20, 15, 10, or 8 seconds….the price of the item goes up .01 at a time once you figure out how it works it can benefit you…..you know an iPad 2 is not gunna go for dirt cheap so why be the first bidder and use all your bids at the beginning….you have to get it down to where you believe it is close to wen it will sell and use your bids then…..if the iPad sells for 132.00 that’s a steal for the person that buys it and quibids makes a ton o money $132.00 = 13,200 bids it cost you $.60 a bid which means 13,200 bids x .60 is $7,920 minus the 500 the iPad cost so quibids makes $7,400….seems crazy right? May seem that way but it is actually smart…they are. Among a ton of money on some things on others they are making little to no money…..It all boils down to it is the same as gambling at a casino you have to play your cards right and know when to bid on the things you want….I have won a $25 gift card paid $2.00 total a pair of turtle beach headphones for Xbox paid $9.20 total and a pair of beats audio headphones paid $10.12….and in all I have spent $150 on the site…which the beats headphones cost 150.00 alone…it’s not a scam just a Internet gamble that you need to try and find a system so that it benefits you…yes there making a TON of money wile u may be the lucky one to pay a small amount for something big…but what person wouldn’t want to make a ton of money…a lot of you are probably like myself and wonder….why couldn’t I think of that????….100% legit….find out a system that works for you!!!
February 15th, 2012 at 2:40 am
The only positive reviews here are obviously from paid employee’s of the quibid’s site.
Dpringz says:
February 20th, 2012 at 6:05 pm
I wrote a positive review and am not even remotely affiliated with any bidding site, other than being a customer. Have a little faith man, there are a ton of scams on the internet but his isn’t one of them.
February 14th, 2012 at 8:45 pm
I won. First try. With one 1cent bid 2.00 shippingplus the tax. On 50 doller. Zellers card. It was. Cool didn’t think I’d ever win. Kos my dad had also gotten an account he disliked… And never won kos it would go for hours it would go to last second he would bid and it would keep jumping up to ten seconds for hours n hours… Depends I guess was good for me shitty for my dad and friends who have played but we will c how goes with the rest of my bids
Pointing out the obvious says:
February 20th, 2012 at 9:52 pm
Hey teacher, looks like the person writing that was doing it on purpose too many convenient errors. and dont tell me its shrthnd writng eithr cuz i 2 cn do tht
hahahaha
nice try
Your English Teacher says:
February 18th, 2012 at 11:38 pm
Britney,
Please come back to school and learn how to type proper english. The world will thank you.
Kindest regards,
Your English Teacher
February 14th, 2012 at 1:30 pm
This site is ridiculous. I signed up a couple days ago and had no recollection that I agreed to buy 100 bids. I used up all my bids and only won a emergency crank radio for .02, that I had to pay $15 shipping on. Ridiculous. A radio for $75, that probably is worth $20.
February 13th, 2012 at 9:40 pm
Whoever falls for this is an idiot. If it is too good to be true then it is. Nobody gives away their money and product for dirt cheap. The world is greedy, especially businesses. A business has to profit some how…. don’t be an idiot and fall for this.
you're wrong. says:
February 29th, 2012 at 12:09 pm
you’re still wrong, and miss the point of the website and their business.
February 13th, 2012 at 6:10 pm
I have to admit I fell victim to this site not by gambling or the site’s addictive nature, but by not reading those agreements more carefully. I thought I was signing up so that I could browse and check out this site and that my card would be kept on file for when I decided I was ready to start bidding.
However seemingly in a blink my card was charged 60 dollars for “bids” I did not want to use. I used one before I figured out how penny auctions (60 cents/bid) worked. I totally get how it could be very addictive and it is clearly misleading–the savings presented don’t include the price of the bids.
After using 1/100 of my credits I decided this site wasn’t for me. I emailed customer support (refunds/cancellations-first payment) and explained that I was not interested in using my remaining credits and wanted a refund.
I must say despite what some of the other comments have said, my refund process was remarkable pain free. I received an automated email receipt informing me that my concern would be addresses within 48 hours. Two hours later I was contacted by a customer service rep via email and was reimbursed $59.40 (I was charged for the one credit-which is totally reasonable).
Not a great/straight forward site-make sure you’re paying attention but was pleasantly surprised by how helpful and efficient their customer service was.
February 13th, 2012 at 5:48 pm
I don’t know if these are a scam or not. It’s just funny that I have been in a few different auctions on one of these sites where there were several different “people” bidding with me. I’d always bid right before the auction ended and every time I bid I was accompanied by the bids of 8-10 other user names. The problem was that the one time I missed my timing or had a ‘glitch’ and couldn’t bid (once), the auctions ended with the current leader winning. What about those other 8 people? Did they miss their timing too? Just my suspicion that all 8 people were not people. Well, I hope you learn from my $40 lesson.
Jon says:
February 15th, 2012 at 7:35 am
I hate this website
February 13th, 2012 at 2:40 am
I’m new to Quibids, but after watching some of the auctions on “15 bid voucher” I started to become suspicious.
I have no proof only what I observed, but after watching the bidding on a few $9 voucher, it made absolutely no sense how specifically two users bid approx. 30+ bids each on a 15 voucher pack (value of $9).
30 bids x 0.60 cents = $18 x 2 ppl = $36
The two names were also bidding in other voucher auctions at the same time.
I know it’s not uncommon to participate in more than one auction simultaneously, but the fact their bids exceeded the rewards by large margins… has to make you think.
My apologies if the below two accounts are legit, but these are the “recent” accounts I’ve been observing:
cjfernandez
pinefellow
interested says:
March 14th, 2012 at 4:02 pm
Amused — this totally makes sense!! I haven’t put in my CC info yet, just registered and am watching bids, but it doesn’t really seem like a scam to me at all. If you keep bidding and bidding instead of waiting until the last minute, then sure you’re gonna waste a lot of money. If you wait until the last minute to bid, even if you don’t win you’ll only have lost a dollar or two. It’s a gamble but I don’t see the scam in it. It’s a game! I’m going to keep watching for a while, reading a bit more, and then I’m going to start playing.
Amused says:
February 18th, 2012 at 2:55 pm
You people need to learn the rules before you bash the game.
The bids do NOT cost 60 cents each.
You CAN pay this much for them, but only if you want to buy them straight out. This is the foolish and expensive way to do it.
If you are patient and take the time to study and observe the game, you will soon discover that there are other ways to win bids that cost far less.
You DO NOT have to use a ton of bids to win.
Only idiots do this. While it DOES cost to bid, there are ways to drastically reduce the amount of bids you use to win, such as learning when to start bidding and when to wait patiently while other people waste their bids increasing the price for something they won’t win anyway.
Patient study will show you how to win items with less bids, and pay a lot less for those bids when you buy them.
There IS a small shipping charge to receive each item. This listed at the bottom of the page for each and every item. This charge is reasonable and it doesn’t change. Obviously anyone bidding must take the shipping charge into account when he or she bids.
The true cost for any item won consists of 3 things:
1. The amount of bids used to win and the price paid for those bids.
2. The winning auction price of the item.
3. The shipping charge.
Simply add up those 3 costs to get the actual cost of any item, and add potential costs up to see how long you can bid before it is no longer a good deal.
Why is this so hard to understand? Purchase price is never the full price of anything these days. What about taxes, warranties, surcharges (like recycling for beer bottles) and shipping?
People, none of this is new.
None of this should come as a surprise to anyone who has joined the site and agreed to pay to buy bids. If it caught you by surprise, that’s because you didn’t pay attention to what you where doing before you spent your money, and if THAT is true, you deserve to lose it anyway.
I’m not going to try and stop a website of sore losers from clinging to ignorant opinions. If you hate quibids and think it’s a scam, that is fine with me. Tell everyone, tell all your friends, most of whom are undoubtedly morons just like you are.
Because on thing is true on Quibids- the more idiots who bid foolishly on the auctions, the higher the prices for me.
So please, please, tell everyone what a ripoff it is! Tell them never to go near the site, ever.
More for me!
Thanks!
February 12th, 2012 at 8:30 pm
I have won and lost on this site…It is just like going into a casino, be prepared to gamble. I have received the items I won, and probably broke even with all the money I put into it. Luck was the key in my breaking even….LUCK.
My one question about this site is what happens if you are in an auction, lose, and the winner decides in the end not to buy the item? Will it go to a runner up? Are all the bids refunded to the loser(s) since nobody won?
After this thought jumped into my head I gave up on the whole penny auction idea. Quibids was fun for entertainment, but the bids go fast and people, or bots, are determined to out bid you. It becomes a competition of who has the most bids. I once watched an auction for an item valued at $150.00; it ended around the $25.00 mark, with the winner using almost 450 voucher bids. If you decide to use this site just think about the people trying to win with infinite voucher bids. Convinced me that it was a bot.
February 12th, 2012 at 10:55 am
I bought a starter pack of bids and won a few auctions and learnt the process and did the maths behind just how much those guys are profiting on each auction. They are raking in money from my fellow online bidders and myself. Only ONE person per auction can win the item cheaply. EG If a $100 store card aution final sale price is $40, sounds good so far? we/they saved $60 :) cant be bad right. Ok to get to $40 sale price thats 4000x penny bids (one penny bid at a time) from real people at 1 cent per bid. Each bid costs real people $0.60 each. So $40 4000 bids x 0.60c equals Quibid income on one $100 action at $2400. In this senario thats a $2300 profit. They frequently seam to make multiple income per items. I used up my credits and closed my account went back to Real online auctions.
February 12th, 2012 at 6:46 am
What about that you sit in front of your comp. put your bids the auction times out you didnt win it and nobody else didnt win it how would you know. And then auction starts again ripping people off So quibids puts the same item for auction over and over again THEY ARE SCAM
February 11th, 2012 at 7:55 am
I got on to see what the site was about.they asked for my credit card.I thought it was for when I won a bid.Nope it was for a bidding package it cost $60. when I saw this I deactivated my account but they still keep my money. they suck
pro bono says:
February 24th, 2012 at 6:12 pm
Call the credit company, dispute the charge. Quibids has the burdon of proof in monetary litigation. You were charged for a service. In your case the service was not rendered and the funds were obtained under false pretenses.
Your credit card company will take your side and make quibids eat it.
tere says:
February 17th, 2012 at 6:50 pm
You should write Customer Service, they’ll give you your money back.
February 11th, 2012 at 3:33 am
I joined QuiBids a few days ago and without indulging excessively (as I’m a nervous gambler – and gambling is what this really is). I managed to lose $500 of my hard earned money. I did win a $10 store voucher to find the charges for Postage & Handling was $4.00 (just to post a voucher! .. give me a break!) Thus reducing the item’s worth to $6. Deduct the $1.80 I spent on bids and the item now has a value worth of a mere $4.20, and of course there would be the bank’s credit card transaction fees on top of that. What small amount is left of the item would be spent on gas driving to the store no doubt.. Who’s the fool here? I did win a camera valued at $170 a day later for $5. But the savings here soon went back into buying more bids as the adrenalin rush started to build. I sensed addiction forming.I see clearly now what would could have led me down a financial disastrous path by reading above comments. A dollar is too hard to earn today without having to lose it in this manner. I hope my comments may help others too.
February 11th, 2012 at 2:10 am
I just participated in that quibid gamble now and lost my money, it was fun though even though I lost about $400.00 on an item that ended at $75.00. we were about 11 real people and 2 bots when we started, some of the real people were also using bidomatic but then I was able to differentiate them from the real bots on the long run. I said that it was fun because it was overwhelming watching bot bid an item with me. we started bidding on a Nikon 1 v1 camera but while these two bots and few innocent people where using bidomatic, myself and some other innocent people were bidding manually, I watched some innocent people who participated in the auction using bidomatic run out of cash and withdrew but the two bots did not quit and never paused until the auction ended with one of them winning the item. because I and some other innocent people were bidding manually we were able to limit our number of bids, by the time we bid once the bot had already bid more than 6 times on the same item. since I started with these bots and spent about $400.00, that means each of them should have spent about $400*6 which is $2,400 for an item that retailed for $849.00.I have watched quibid stop me from participating on a bid several times because they claimed that I already spent almost the price for the Item, they would send me an email with buy it now option and encourage me to pay the little balance to purchase the item, so how can someone bid $2,400 for an item that retail for $849.00 without been interrupted? can you see why it is clear that quibid uses lots of bots? Let’s say that of the 11 real people that participated, 4 spent $100.00 each, another four spent $200.00 each, the other two spent $300.00 each and I spent $400.00, that’s a total of $2,200.00 and not $75.00 that you see as the winning price, for an item that retail for $849.00. I have made the last mistake and will never make it the second time. I wish anyone reading this can learn from my mistakes.
February 10th, 2012 at 8:47 pm
Beezid, quibids… etc. All the same nonsense. These sites will not sell you a 2400 television for 75 bucks. When someone says that on these review boards, you know they’re either working for said site or speaking out of their asshole. Seriously, if someone tells you that they won an ipad II for 40 bucks on some bs website, do you believe them?
Save your money. These sites have their commercials on at like… 4:00am or something.
Chii says:
February 16th, 2012 at 10:16 pm
Very good! Thanks.
February 9th, 2012 at 8:23 pm
I think you’ve all been schooled! Keep you money for the Casino.
February 8th, 2012 at 8:05 pm
I don’t know how these ‘penny auction’ sites weave their way around legislation. Clearly, Quibids is a gambling site, not an auction site. I have definitely witnessed particular the same bidders winning auctions repeatedly (as sleuth mentioned in his post above). I decided to take notes during an auction I was bidding in and a few I was following. There is no doubt there is a plethora of dummy bidders and unfortunately, the rest of the bidders are legitimate people, who have started bidding in the auction and once you start, you don’t stop until you’ve run out of money.
Legislators need to look at how these sites are advertising and operating as auction sites and force them to acknowledge and clearly display that they are gambling sites and display the proper gambling warnings.
Shut them all down!!
esther says:
February 12th, 2012 at 4:58 pm
Dummy bidders are the illegal way Quibids raises money!! Their personnel sit and bit — watch how they do it stupidly – they don’t even wait for the clock to move down. They start at 20 seconds and bit 2 against each other nonstop and then disappear — all they did was raise the money!! Disgraceful!!!!! Deceiptful
Austin says:
February 10th, 2012 at 1:50 pm
The dummy bidders may not have developed strategies to win big auctions yet, but they still are human enough to understand how it works and that it is a gamble. And it’s fun! Even if I loose money, I still enjoy it! So let me play and if you don’t like it go do other things :)
If the gov should shut down any large gambling institution it should be THE STOCK MARKET which is the largest ponzi scheme in the world!!!
February 8th, 2012 at 12:11 pm
I paid the 60 bones to get me started, I chilled out and bid on one item, a waffle maker that I’ve been eyeballing…and I won for 4 cents!!!! 10.00 shipping with a retail price of around 60 bucks, saved 50 dollars!!’ …. so eat that naysayers, key is don’t bid on stuff that everybody and their mother wants!!
Dpringz says:
February 15th, 2012 at 3:24 pm
Actually that’s not true. He can get a refund on his used bids, or he can take the risk of bidding again. Let’s say he used 4 bids, He’d still have 96 bids to redeem for $57.60, which means he paid $12.44 for a $60 waffle iron or whatever the retail price happened to be.
Delta says:
February 9th, 2012 at 4:08 pm
Actually you paid at least $70.64 for that waffle iron. Unless you bid and win something again. Then all the math changes. Look at it like this, you pay $60 to get started, $10 for shipping, and $0.64 for the bid (don’t forget your bidding fee of $0.60). Think about it! You Overpaid by $10.64?!?!! Oh and by the way keep on bidding on that crap nobody wants, I’ll keep my 55″ LG TV for lets see; $60 to get in, three bids for a total of 78.82, grand total $138.82. Retail price $2399 savings of $2260.80. BAMM!! That is how we roll. You need to go back to school BobZ.
February 8th, 2012 at 10:55 am
As far as Quibids in the UK is concerned the auctions for voucher bids should be terminated. This would make the bidding fair for all participants and auctions would only rely on “real” bids.
If you do participate in the UK version and you currently make bids for the vouchers, i.e., 15, 25, 100 bids – BEWARE – as you may be bidding against ‘ipada10850′ as this bidder tends to win the majority of the vouchers.
The reason I bring your attention to this bidders username is because I cannot determine whether this is a genuine person or a BOT that has been programmed to outbid other bidders who will be bidding with “real” purchased bids. This username has won the majority of the voucher bids and to date over the last 28 days the nuber of wins of these voucher items comes to over 200 – all puchased with vouchers and not a real purchased bid in sight!
So I say again – BEWARE – if you intend to bid for vouchers on the Quibids UK site otherwise you may end up using all your “real” bids that you have paid good money for.
ipada10850 says:
February 10th, 2012 at 10:25 am
My strategy is clear.
I’ll pay any price to win voucher bids.
some I pay over the odds but most I pay well under as many bidders now realize I’ll stop at nothing until I win so as soon as they see me bid they all stop.
February 7th, 2012 at 9:33 pm
How does this get investigated? What a ripoff…
February 7th, 2012 at 8:16 pm
I predict class actions lawyers will win this war.
February 7th, 2012 at 6:26 pm
Not even worth your time. 45 minutes on 50 extra bids and still didn’t win. If its sounds to good to be true don’t be stupid it usually is!
realistic says:
February 7th, 2012 at 7:39 pm
Just cuz you didn’t win doesn’t mean someone else didn’t
February 7th, 2012 at 4:10 pm
I’m so glad that I seen this site first. Just like others I wanted to try something new but after i seen all these comments I know that this site is not for me. So thanks to everyone that has posted on here to warn people just like myself.
February 7th, 2012 at 3:26 pm
Not sure what the complaint is about. I have no affiliation with the company and quickly recognized what it i is -gambling. So far I am about $300 ahead but recognize I could end up even. Is it worth it? Yep – a computer for $20 is worth it warranty or no warranty. And these kind of items make great gifts!
February 7th, 2012 at 1:18 am
I’ve used Quibids a few times & won semi-big once. What I think is the problem is that most people do not take into account all costs involved & do their research 1st. You must decide how much you are willing to lose & how much you’re willing to spend on an item. BUT, prior to that, you MUST READ ALL INSTRUCTIONS. Quibids lays everything out VERY clearly in the articles on their site & recommends you start very small, like bidding on more bids…just to get the hang of it.
For my experience, I’ve won bids & game plays multiple times, a Kitchen Aid stand mixer that I wound up paying full price for (but was the same price on Amazon) & an apartment size washer from Haier that I paid $75 for, including all bids & shipping…that saved me about $200!
What others have said is true…do not buy bids or even start bidding until you’ve factored in ALL your costs, researched the “buy now” price on other websites and for God’s sake…READ THE RULES.
February 7th, 2012 at 12:47 am
There’s some Quibid employees on here! So here’s my 1 star.
This site is a SCAM. Your moneys better in a casino.
Hope it gets shutdown asap. :)
Omer says:
February 10th, 2012 at 4:02 pm
I agree!!!
February 6th, 2012 at 12:03 pm
The concept of Quibits and other sites like it a very good one but once you join the site, buy bids and start bidding on items you’re screwed. These sites put a timer on the tail end of an auction to give people more time to bid and drive the price of the item way up. This is not the true definition of an “auction”. An auction consists of a product, people to bid on said product, and a set amount of time for the auction to run. When time runs out, if you’re not the high bidder then you lose. That’s what an auction is. These websites may not be scams but they’re big time rip offs and I wouldn’t recommend anyone try them.
Jeremy says:
February 10th, 2012 at 1:23 pm
Have you been to a real auction?! In a real auction bidding goes on until nobody wants to outbid the current high bidder. The bidders don’t state the price, the auctioneer does. They just raise their hand or raise their number. If somebody does outbid the high bidder then the auctioneer asks again for a new price (puts a timer on the tail end). Eventually its going once, twice, sold! Not even Ebay is considered a “true” auction.
catherine says:
February 9th, 2012 at 5:09 pm
I’ve been to many live auctions and some items take a lot of time to finish bidding. In this respect quibids is more like a live auction than an online auction such as ebay.
February 6th, 2012 at 9:17 am
Half the people here need to learn the definition of a scam. I don’t know how many of the claims in the comments are true but there is a difference between a scam and gambling. EG:
SCAM (some things that may or may not be true that people have been saying)
(1) Selling items not in stock, then refunding only the winner
(2) Setting up their own bot accounts with free bids to drive up the price of the auction
If these things are happening then the site is a scam, quite obviously and irrefutably, but it also would have been shut down already, as there’s no one who can defend a website that provably does these things.
NOT A SCAM
(1) Running a penny auction where the buyers know the rules of the game
(2) Starting a gambling website
(3) Attracting the occasional idiot who thinks they’ve come across a goldmine website and expect dirt cheap stuff consistently.
This is what Quibids is. The rules of the game are very clearly and repetitively defined on the website, and it is actually a fun and exciting idea (not to mention absolutely genius profit-wise). If you want to buy something off the internet, go to ebay, or amazon, or catch of the day. If you’re shopping at Quibids it’s because you enjoy things like playing the lottery, casino games, and raffles.
And to the people who commented on how they got scammed by Quibids because they got promised cheap items and bought some bids with what little money they had and didn’t win anything, I have this to say: I feel very sad that people like you exist, who can’t think for themselves. What are you doing on an online gambling site when you don’t have much money? It’s not even like you were tricked into thinking this site wasn’t based on variance, they clearly told you how to play when you signed up. You deserve to lose all the money you did, and I hope you educate yourself on the difference between a lottery and a flea market in the future.
Vegas Joe says:
February 25th, 2012 at 7:14 am
“NOT A SCAM (1)STARTING A GAMBLING WEB SITE”, NO JUST ILLEGAL like these types of BS sites should be!!!!!!!! Bottom line is it’s amazing people believe they can get some thing for nothing! You might as well call Ms Cleo while your at it and for 2o bucks a minute she will tell you when to bid ;) BTW, for the person who blew 500 bucks “gambling” on there and said they might be addicted…news flash! GET HELP NOW!
Framkel says:
February 18th, 2012 at 1:30 am
Why would it have been shut down already? The Internet has piss poor regulation. Just look at all the torrent sites where you can get movies and music for free.
The penny sites could easily be doing #1 and #2 from your scam list. Who would know? Who would find out?
Employees are probably making piles of cash, and they keep their pie holes shut.
mick says:
February 11th, 2012 at 3:08 am
Lol,
what a laugh! are you serious, how much did you get paid to talk this up!?
You Should be a life coach for crack heads! they might believe what your saying, but speaking for most here, we don’t.
happyface says:
February 7th, 2012 at 9:00 am
Agreed. Darwin would also agree. folks that can’t read or can’t figure out the odds would disagree. I don’t play the lotto but I had $60 burning a hole in my pocket last week so I threw it into this form of entertainment. Here’s what I learned, if you are absolutely determined to win an item an any cost then you should not play in this arena, you will meet people like yourself bidding on $10 items until one of you runs out of money. If you absolutely want an item then this is not your preferred choice of purchase. If you are unable to read people from their actions, then this is probably not your site. If you have no patience or you do not know the value of 60 cents then this is not your site. If you have poor timing with your hand/eye coordination then that’s not too bad and you can improve. But it’s really a gambling joint and you need not apply if you have ADHD because it does take a certain amount of careful studying of the bids and usually the ability to walk away from something that you want.
Lola says:
February 6th, 2012 at 3:00 pm
What?? They deserve to lose all the money they did? The process of education for most is cumulative. You could take a few lessons in compassion, pal. Your crass comment is simplistic, incompassionate and unkind – to wish such ill will on someone who may not have been exposed to positive education or who perhaps is underserved in their community. It would make sense that such a person would come to Quibids seeking to buy what they want at a price they can afford. It’s hideous thought processes like what you’ve expressed lurking behind the housing loan scams and wall street screwings that threw our country into recession as well as many other ills in the world.
February 5th, 2012 at 10:10 pm
I didn’t have a problem buying bids and was well aware that I may lose out completely. The problem was when 3 times in one auction the timer got to 1 sec with me as the winner then froze when it refreshed suddenly we were back to 10 sec. I did this for about an hour bidding intermittently. I stopped when my bids ran out. Here I am 4 hours later and the bid continues. Thing is I didn’t even start till it was at 10 sec! I will never try it again.
dave (not a quibids worker) says:
February 8th, 2012 at 8:17 pm
it’s sure that if you had read the rules you’ll know that before and they give the tips to look at the site before starting to bid … what i did .. i am looking at this site (quibids) since about 3 or 4 weeks..(you’ll tell im stupid too waste my time ) but im not wasting my money!! look at big item (ipad 2 , led tv………) they start at 1cents but always end at 50$,75$,100$ even more so dont waste your bid at the beginning and do something else … come back an hour later and still there … maybe you can wait an other hour… then start too bid when it’s close to the recently sold price(just under the item pics… so you will not waste bids and time and maybe you’ll get what you want.
From a guy that will maybe try .
PS.. dealfun is a scam with programed bot… i try with free bids and i can tell you. quibids doesnt look like a scam , just gambling site.
February 5th, 2012 at 10:10 am
After reading way too many of your reviews it is obvious you all expected to win you iPad for pennies and then give up after spending a few dollars only to try again on another auction and lose it too when you didn’t win that one for a dollar either. I have no pity for you, because you aren’t very smart. You are the people who run up the price on auctions but don’t have the stomach to risk any real money. In four months of quibids I’ve won 22 auctions as follows.
These include the following
250 extra bids 6 wins $0.98, $2.40, $1.02, $4.53, $2.36, and $3.13 Grand total spent including the $1 per win processing fee $20.42 on a 153 bids
100 Extra bids 3 wins $0.09, $0.98 and $1.01 Grand total spent including the $1 per win processing fee $2.05 on a total of 21 bids.
400 purchased bids -111 spent on bid auctions +1800 bids won total spent = $240+$20.42+5.08 = $265.50
$50.00 Shell Gas cards 6 wins $1.23, $2.22, 2.52, $0.81, $1.03, $4.97
Total $12.78 +5x $2.49 shipping + 209 bids It took no more than 10 business days to receive any one of these wins in the mail. In case you can’t count I am already $34.50 ahead
Nikon D3100 14MP Digital SLR Camera $29.77 ($679.99 retail) 147 Bids
Samsung Galaxy Tab 7.0 Plus $4.19 ($399.99 retail) 181 Bids
Dyson AM02 Tower Fan $13.69 ($447.99 retail) 12 bids
Cuisinart PerfecTemp Teakettle $0.12 ($79.99 retail) 4 bids
Xbox 360 250GB Kinect Holiday Bundle $52.84 ($399.99 retail) 205 bids
Yamaha YSP-3050 Digital Sound Projector $19.45 ($549.99) 121 bids
Samsung Galaxy 10.1″ Tablet $32.36 ($599.99 retail) 307 bids
I paid between $10 and $25 shipping on my items which is what you can expect to pay from a major carrier if you sent the items with proper insurance yourself. I didn’t win everything I bid on and made a lot of beginners mistakes like biding on things I either didn’t care enough to stay in for or thought I could get something for cheap. Quibids makes no bones about them making money on almost every auction and they tell you flat out you should expect to pay a third of retail plus shipping which they tell you the cost of right on the auction
If you don’t win you shouldn’t feel cheated. This is a pay to play auction and really no different than any other sort of physical auction you pay money to participate in. If you don’t win on quibids after spending money on bids there is usually a reason, and that reason usually falls squarely at your own feet. If you want to win something make sure you know what your competitors have done in the past by looking their purchases. Watch several auctions for the same thing and get an idea how people are bidding that day. Don’t bid on something unless you are willing to lose money, because Murphy can cause havoc on any computer and in particular with web browsers. Last but not least on big ticket items don’t expect to use less than a hundred bids.
Paul's right says:
February 19th, 2012 at 12:34 pm
He did get the camera even with shipping at least 40% off
I have not tried but you would have to set a limit for big ticket items like 500 bids x .60 = $300
Then lets say you get the item for 50 plus shipping, that’s cheap for a decent slr for sure
Figure you would just have to spam bid as the auction gets close to the end
The advertising is really the only sketchy thing about it once you actually think about it, if they said you could get this item at 50% off and were honest everyone would be all over it.
Paul says:
February 11th, 2012 at 11:48 pm
To sr and joe. So take the most expensive thing this guy bought which was the camera that retailed for $680, they stated they won it for $29.77, so take the 60 cents per bid and multiply by the number of bids which would be 367 and it totals $220.20. So even if the same person bid on this item 367 times, they would still pick it up for less then half the price. Obviously you don’t even realize simple math.
sr says:
February 10th, 2012 at 9:20 pm
don’t forget you have to add in the .60 per bid to the total so things aren’t quite as good as you think.
joe says:
February 10th, 2012 at 7:56 pm
whatever
February 5th, 2012 at 4:49 am
out of the rating, the lowest i could choose was a 1 star- dreadful. that was the best that i could choose this scam from a list. There should be a ” im a rip off, misleading peice of crap and should be shutdown star”!
The auctions dont exist, they time out and start over if you bid, and still take your bids off you when they rest back to 12 seconds with edwando gonzalez being the highest bidder,
not to metion the stealing of 60 bucks to start with
dont bother
theres my thoughts
February 5th, 2012 at 1:10 am
I won’t say anything specifically about quibids.com, as what I am about to say applies to ALL so-called “penny auction” sites. But, before I get to that, I have something equally, if not more, important to say regarding all of the reviews you read related to these sites. Using the typical 1 to 5-star rating system, I recommend being slightly wary of any reviews with a 3-star rating, and as for reviews with 4 & 5-star ratings, I would HIGHLY recommend NOT believing a word they say.
The great majority…I would even be willing to go so far as to say ALL…of the 4 & 5-star reviews, as well as most of the 3-star reviews, have been written by people directly involved in these sites. They have two purposes, first, to bolster the overall rating of each site, as reviewed on each review website, in hopes of boosting people’s opinions of said “auction” sites, and second, to provide false & misleading information about the sites, the deals that can be obtained, the reliability of said sites & deals, etc, etc, etc.
No matter how you look at it, these sites ARE scams, and, sooner or later, they WILL get shut down. While the sites, themselves, might be operating within the realm of the law (and even that’s questionable), the advertising of these sites (commercials, internet advertising, email ads, etc) is, most definitely, breaking state AND federal laws, as their ads, VERY easily, fall within the realm of “false advertising”. Interesting enough, shutting down these sites is easier done than most people realize…but it takes getting enough people involved to do it. Being that their ads DO constitute false advertising, it’s just a matter of getting the State Attorneys from several states involved. Once several states were on-board, it would be taken to the federal level, and once the federal government was involved, that would, shortly thereafter, be the end of these sites.
Kasia says:
February 13th, 2012 at 10:33 pm
It’s kind of hilarious that you post that you shouldn’t believe 4-5 star ratings. How do YOU know if they are true or not? The fact is that you don’t. YOU think it’s a scam, so you assume that anyone who doesn’t think it’s a scam is obviously lying.
February 4th, 2012 at 9:14 pm
I just joined Quibids and realized quickly (not quickly enough) that the auction never ends. Nothing happens until the last few minutes…then the minute you bid – someone (quibid drone)bids and the time goes back to 15 seconds – I watched it happen for 1 hour and every time it winded down to 1 or 2 seconds – the bid reverted back to 15 seconds – ad finitem!! My bad and I deserved to lose $67 – what a chump – whatever looks like it is too good to be true…truley is
Cheers
February 4th, 2012 at 8:47 pm
Scam– should be forced to register as a gambling site
February 4th, 2012 at 2:10 pm
It is not an auction, it is a RAFFLE, nothing more, nothing less.
Like all the money you put into lotteries over the years, the vast majority never see again…you lose.
February 4th, 2012 at 2:07 am
Scams like this should be banned by the supposedly independant “ACMA” (q.v.) the nominal Australian broadcasting “control” body. However, if one studies up on ACMA one will discover that his body is actually controlled by the broadcasting companies themselves. Self censorship has always been an oxymoron, and the Quibids broadcasts make this even more obvious.
February 4th, 2012 at 12:35 am
Do not participate – the site is hacked and there are bidders with over 10,000 available bids at their disposal all the time. I kept track of the site and bidder’s “names” and caught several bidding on more than one item at one time – mostly more bids! I do hope the site is investigated and required to have a unbiased third party monitoring at all times. There are “recipes” for hacking at you tube an other sites – which is illegal. Hackers advise what number to hack over and over to build up your bank in order to stay under the radar of the automated system. Big problem – it is just a model and is automated. Do not use the site. Invest your pennies in yourself and not another person you cannot even look in the eye.
Austin says:
February 10th, 2012 at 1:52 pm
The site is legit. You don’t know what you’re talking about.
February 3rd, 2012 at 10:09 pm
Quidbids is just starting to advertise in Australia
Thank all you people who have provided the assesment of this scam
February 3rd, 2012 at 7:39 pm
I am sitting here humored by the fact that on the screen where I am supposed to see live auctions everything has stayed at the exact same price and that the only thing that changes after a little bit of having the screen open is the name that supposedly bids on it.
Here’s how the site works, you pay money for each bid and and they have a computer system the puts up money every time that they get close to losing an item. They let some things go at really good prices so they can claim that they have a good company and the only reason they have good reviews is because they pay off certain people to write amazing reviews and flood the internet with those to make it seem like they are saints. They are a scam, like anything in life if it seems to good to be true it is. If you want good deals do research and compare online as sites like these are complete scams.
February 3rd, 2012 at 7:09 am
I was sucked in by the tv advertising. I won 3 auctions with my $52 of bids. 1 thing was worth $9.95, I bought it for $0.02… What a deal…not!!!
They then wanted to charge me $9.95 delivery, so If I continued with the sale, being a toothbrush holder! (???) I would’ve been a loser. The 2nd thing. A cupcake stand. I didn’t complete this one either, even though I won it for a few cents. The one I am still waiting to receive is a $10 target card, that I bought for $0.02. Great deal, well no
They charge $4.39 for postage and handling, and that was dec 27, and still not received by feb 3, even though I’ve received emails and the status is complete
SO THIS $10 GIFT CARD COST $48 + GST FOR THE INITIAL BID PACK, AND $4.39 IN FEES
THIS IS A TOTAL SCAM AND SHOULD BE SHUT DOWN
Pete says:
February 5th, 2012 at 6:03 pm
I’ve won lots of stuff at great prices including the cost of the bids and postage. Dont know what all the fuss is about, you buy your bids, join an auction and hope you win.
britney says:
February 3rd, 2012 at 7:38 pm
thanks for saying this because i was just gonna buy an ipad. you half to now its a rip off because the ipad was just 62 cents?
Gabriel (maybe) says:
February 3rd, 2012 at 7:02 pm
But what happens if you win bids???
February 2nd, 2012 at 7:02 pm
if it sounds too good to be true…
February 1st, 2012 at 10:06 pm
Do the items even physically exist? What a scam business model to get people to forego money for items that do not exist? False user names and a computer system to make erroneous bids?
dano says:
February 2nd, 2012 at 6:46 pm
i have a friend that won a pair of earrings, a 25.00 gift card and a hp computer that she got for $26.00. I to thought it was a scam until she received all 3 and the computer is out of this world…
north says:
February 2nd, 2012 at 1:57 pm
not even nessesary
other penny auctions have been busted using automated systems to both drive up the bids, and to ensure the company always wins the bid.
February 1st, 2012 at 5:14 pm
Total scam. Don’t let these scoundrels get rich off your hard earned dollars. If u want to auction stick with eBay
February 1st, 2012 at 12:47 pm
Couldn’t have said it better myself.
February 1st, 2012 at 8:44 am
I will not be participating thanks ya’ll
February 1st, 2012 at 12:49 am
As far as Penny Auction sites goes, QuiBids appears to have been among the best. The problem is that far too many people don’t do enough research on these type of sites and understand how they work, and develop a strategy for how to approach its auctions.
Quibids was not the first site I tried. On the first site, when all was said and done, I took a loss and learned quite a few lessons. I went to Quibids because every bid you buy can be used toward the purchase of an item. If you don’t win, you may not get the best deal (especially when you include the handling fee), but then, I’ve seen a lot worse at various online and physical stores for many of the items.
I’ve only gone after items that I intended to buy anyway. I’ve watched a number of auctions for those items and got to ‘learn’ some of the people on them. And, I never expect to ‘hit a homerun.’ If I can win a $200 item for $180 including handling, that is a savings of $20. For most items I have bid on, I ended up using the buy it now option. However, over the last 10 months, I’ve saved over $500 for everything that I have gotten compared with the value. It may be 10% or less in the overall savings, but it is savings.
I hadn’t been there in a few months until about a week ago (other things in life going on, and didn’t have the time to watch some of the auctions to try to get what I wanted), but I was disappointed to see that they dropped all the gift cards over $50 (going after the $200 cards for walmart or somewhere I would be shopping anyway is always worthwhile).
For those who have seen many people bidding many more bids than it ‘should have allowed,’ (e.g. more than 100 bids for a $60 item), many or all the bids being used are not ‘purchased’ bids, but are voucher bids. A voucher bid doesn’t count toward the buy-it-now option, so, it won’t expire.
Also, when bidding on an item that has a “+20 bids” or something like that, for the value and buy-it-now, the value of the extra bids will be tacked on. So, if it is a $15 card, add in the additional $12 in the value for what it would take to buy it now. (I was ‘burned’ once toward the beginning because I failed to read some of the FAQs.)
What I have seen in too many cases is people buy their minimum number of bids at the beginning ($60), go after some big ticket item to try to win it, and then lose that money because they had no intention of paying full price. I’ve only gone after things that I was planning on purchasing anyway, and that has likely made the big difference with my experience.
But, is QuiBids for everyone? No, it is not. But, it does have its place. Like anything, you just need to research before jumping on board.
Ladonna says:
February 7th, 2012 at 5:12 am
No Ben I have uses quibids data on every auction and it is always more than the average they advertise
Jack9 says:
February 3rd, 2012 at 8:03 pm
QuiBids is just Swoopo rebranded.
Ben says:
February 2nd, 2012 at 9:12 pm
Look up Quibid Data! Its a site that has all the information you need to win on Quibids. It gathers info daily from Quibids and stores it in an online database..
January 31st, 2012 at 9:55 pm
I have no horse in this race. I was reading about Quibids after I heard of it from a friend. I’m not a member, have never placed a bid there, but did think that the BBB’s report would/should be of interest! Here is the link:
http://www.bbb.org/oklahoma-city/business-reviews/penny-auctions/quibids-in-oklahoma-city-ok-90016706
It does appear to me that there are many people with a vested interest (perhaps employees?) praising and asking questions on the FAQ page of the Quibids website, but if the BBB has earned it’s reputation as arbiter of these things, then perhaps there is something to the “make sure you understand the site” point so many have made.
Bret says:
February 4th, 2012 at 2:03 pm
I no longer trust what the BBB says. They have been proven to give good ratings to companies as long as the company is a member of the BBB. There are multiple recent news stories about the BBB giving bad ratings to companies and then changing those ratings when the company joins the BBB.
I have a friend who was threatened by the BBB. He owns an electrical contracting company. The BBB threatened to give him a bad rating if he didn’t join them. He told them to pound sand. Now that I’ve seen the news stories about the BBB and how they do business I would never join them or trust their ratings of any company.
Its better to get real life reviews from forums like this on the internet.
January 31st, 2012 at 4:54 pm
Quibids is what it is and does what it says it does. The lost art of reading and listening needs to be employed by Quibids users if they are to understand what they are getting into. Quibids, in fact, goes through great pains to explain EXACTLY how they work. I will agree on one thing, however, and that is that in its advertising Quibids should add the words “plus the cost of bids” when it talks about the prices paid for some items. It is entirely possible to buy an item at a fraction (like 10%) of its retail cost INCLUDING BIDS. And, unless I’m a rare customer, then it’s not rare for that to happen at all. All this being said, Quibids is not for everyone. Not unlike the stock market, there are risks and you could end-up losing money. Quibids regards itself as an entertainment company. That’s probably a fair assessment. Ebay is definitely “safer” in the way the bidding works, but because of the multitude of different sellers, Ebay is not perfect or fool-proof either. There is still some risk, though one of them isn’t losing the value of all your bids.
The bottom line is, Qibids is not a scam. It is what it is. That is not to say that it isn’t risky – it definitely is. Can you come out ahead? Yes, you can. You can also come out behind. Read and play carefully!
January 31st, 2012 at 3:04 pm
For all the paid employees here that try to defend quibids let me ask you a question. This is just one test I made to see if this site is legit. Once you have bid more times than the product is worth it stops your bidding and gives you option to buy it now. For example a item is retailed at $60. Once you have placed 100 bids x .60 being $60 you cannot bid anymore. Ok we all understand that. Why would you keep bidding right? Well I watched an auction going on for a 15 bid voucher. Vouchers are bids you can acquire for various amounts. I watched as a bidding war was one for this 15 bid voucher. It got down to 4 people who had been going at it for a while so it was primed for me to jump in and get this item. I started bidding. I made sure I bid 15 times and then of course the site would not let me bid anymore because I had just bid the amount the item was worth. It’s $9 for 15 bids. I bid 15 times x .60 equals $9. Wouldn’t you know I tracked at least 4 people who bid more than 15 times and the two that were left when I jumped in had bid more than 20 times each when I jumped in an were still bidding after I was kicked out of the bidding. They were going toe to toe with me the whole time. Both of these two supposed real people had each bid at least 50 times to acquire 15 bids. First of all even with a lot of stupid people in the world who would use 50 bids to acquire 15 bids? I mean duh. When they win they will actually have 35 bids less than when they started. Secondly no matter what stupidity cannot be used as an excuse here because they should not have still been in the auction after their 15th bid. It’s impossible to do. Let the employees of quibids that are commenting here explain that. The company definitely has bots or ghost profiles or shills or whatever other name you want to give to computer generated profiles on that site to run up the bidding. No doubt about it.
sleuth says:
February 1st, 2012 at 11:49 am
… and that is one of the reasons why the bidding process is unfair.
This form of bidding should be terminated immediately.
There should also be a cap on the number of voucher wins during a 29-day period as per their rules for other products.
A UK bidder called ipada10850 has won over 100 auctions for vouchers in the last 3 weeks. What is ironic is that this particular bidder has overbid for vouchers of low value which leads me to believe that ipada10850 is somehow in league with Quibids in order to get other bidders to use up their real purchased bids.
January 31st, 2012 at 2:36 pm
Perhaps the winning bid came just after one bid, putting the person over the top – 60cents, not the $1300 you claim the REAL cost is. You’re equally as misleading.
January 31st, 2012 at 9:47 am
Thanks to you all for taking time to explain all these closed door traps.
January 30th, 2012 at 11:19 am
Also need mentioning that the biggest part of this scam relates to refunds of items that are “not in stock”.
Countless “winners” have documented stories where they have won an item which was not delivered because QuiBids was out of stock. They do in most cases refund the winner (though whether it is with cash or more bids/credit etc I’m not exactly sure) , HOWEVER they do not refund all the losing bidders who were in effect bidding on non-existent items !!
There’s also countless stories of people who have won large ticket items like iPads who have been told that they’re not in stock yet they still have live iPad auctions going on AT THE SAME TIME !!!! How can you be out of stock of an item yet still holding holding auctions for them !?
It’s is simply outrageous, an absolute fraud and con job ! Stick to eBay or Catch of the Day ..
STAY WELL CLEAR OF QuiBids
January 30th, 2012 at 12:58 am
When I first joined Quibids over a year and a half ago it was an excellent site. I won a lot of great products at great prices including a wonderful 42″ LG TV that I love. I was on it a lot and I was winning and it really seemed legit. Recently the site has changed greatly. Now if I bid on an auction it seems much more like I end up bidding against bots which Quibids claims don’t exist on their site, but after watching a lot of auctions recently and seeing how the bidding process has changed I don’t believe in the site anymore. I also think that there may be bidders that work for the site now where there didn’t use to be judging on certain experiences I have had where one person will keep an auction going by bidding with less than 1 second remaining successfully over 100 times in a row and then stop prolonging the auction as soon as you decide to stop bidding or run out of bids and a third person who is either teaming up with them or also working for the site bids and wins. I thought it might be a coincidence, but I’ve seen it happen in auctions I have participated in or watched multiple times recently in the exact same way.
I am happy I got what I did from the site in the past, but I cannot continue to participate after seeing what I have on the site. I believe this is a company that originally had high morals of business and operated well, but no longer does.
Steve says:
February 5th, 2012 at 10:34 am
Absolutely true! I have been in auctions where at 1 second, I was still the high bidder, then the clock pauses, and all of the sudden the auction is over and somebody else is the winner. This all happened within just a few seconds. SO, if someone else had indeed placed a bid, the clock would have reset. IT DID NOT! I contacted Quibids and of course they did not find any problems with their system.
Another time I won and Apple Airport… I was told that they were out of stock, and yet they were still running auctions for the same product! In an email, they wrote that this shouldn’t be the case and that they would look into it… meanwhile I was offered a refund, or a gift certificate for the same value. I was only given a few choices of stores/gas stations to choose from. When I asked about a particular one that they had up on the “auction” site I was told that I could only choose one of the 3 that they offered in the earlier email.
If you know you plan to purchase something and have a lot of time to waste then perhaps Quibids could pay off. Higher priced items can be auctioned for a LONG time though. The Buy It Now option is the only thing that could save you from losing a lot of money. Whatever you spent on bids can be used towards the cost of the item. BUT, if you do a quick check online, you’ll see that the price you’ll pay for it on Quibids will be more. Sometimes a lot more… depends on the item, of course. For computers, tv’s, etc.. you might also consider if having the manufacturers warranty is important to you.
Thanks to everyone for all the other advise!
Sally says:
February 4th, 2012 at 2:33 pm
I totally agree! I registered with Quibids in March 2011 and have witnessed the same thing. In addition, on two separate occasions over the last 4 months I was bidding on high end laptop computers and the system paused and the clock was NOT reset. The last bidder automatically won the auction. I contacted Quibids and their response was that they went back and reviewed their records which showed that the clocks were reset. This did not happen! I witnessed this on two separate occasions. Quibids did NOT even refund the bids which I had placed. I will never use Quibids again! BEWARE!!!
January 29th, 2012 at 11:41 pm
I am horrified. I silly enough joined up, being a trusting person. It took me weeks to save the money but hoping that I could win a few nice things for my children, as ebay and auction sites are the only way that we can afford most things. We don’t have a lot and didn’t expect anything big like a TV or car like most, instead every item I have tried bidding on I have lost. To the Quibids company or their computer system I don”t know, but I am taking my money and running, as far away from this site as possible and will be warning everyone I know and anyone who will listen to avoid in like the plague. Quibids you should be so ashamed of yourselves doing this to innocent families like ours who can’t afford to loose money. I am so glad that there are some nice people out there warning others of Quibid. Thanks Chuck for the advice, I will always google “Scams” from now on BEFORE getting into anything.
January 29th, 2012 at 11:39 pm
I am horrified. I silly enough joined up, being a trusting person. It took me weeks to save the money but hoping that I could win a few nice things for my children, as ebay and auction sites are the only way that we can afford most things. We don’t have a lot and didn’t expect anything big like a TV or car like most, instead every item I have tried bidding on I have lost. To the Quibids company or their computer system I don”t know, but I am taking my money and running, as far away from this site as possible and will be warning everyone I know and anyone who will listen to avoid in like the plague. Auibids you should be so ashamed of yourselves doing this to inocent families like ours who can’t afford to loose money. I am so glad that there are some nice people out there warning others of Quibid. Thanks Chuck for the advice, I will always google “Scams” from now on BEFORE getting into anything.
January 29th, 2012 at 7:05 pm
QUIBIDS IS A SCAM!!! Better off buying the items at Walmart, eBay, Target, etc…at least you can return or get your money back if something is wrong with the item. I just don’t understand why you have to pay for a bid if it is an auction. You should be able to bid for free and as many times as you want.
January 29th, 2012 at 6:28 pm
It’s funny to see all the neg. comments. I got on Quibids, actually read the terms. LOL! have won and lost. I have a casino in my town. It’s the same thing. I’ts supposed to be fun. If it becomes a problem, quit, or get help. Read the instructions!
January 29th, 2012 at 6:19 pm
this site IS currently under investigation… Please do not waste your money, when and I say WHEN not if, this site is shut down it will be years of litigation before your money is refunded… if it is ever refunded. This site and numerous other “penny auction” sites will soon be illegal and verified as fraud. You’ve been warned. The BBB is also looking into this site and has a rating of NR meaning the company refuses to disclose information… and why would they refuse to disclose information??? fraud. Better luck ebuying.
January 29th, 2012 at 12:34 pm
All I have to say about quibids is that $383.47 spent on bids for gift cards paid for a new fridge gas stove dishwasher and hood vent for my kitchen. I wish everyone else here luck if they choose to use quibids!
January 29th, 2012 at 11:56 am
This site is an absolute scam. I paid $60 to join and was excited thinking with all the TV ads this must be a legit company. After couple of weeks of just watching I finally delved in and started bidding on some small items such as a $10 Target gift card. After wasting 10 bids which cost me $6 ($0.60 per bid), I gave up. I then got an email from quibids that offered the $10 gift card at a buy it now price of $19 ??? This is beyond crazy.
In their site they said “when you don’t win an item, we don’t want you to leave empty handed, so we will offer you a buy it now at discount price”! Well I did, a $10 item for $19! In what planet is that considered discount?
In my outrage I cancelled my account immediately and left some 80 bids unused. I sent an email asking them to refund whatever money back but I don’t think I will get any back from them.
This is an absolute and utter crazy none sense scam. Don’t waist your time and money on them. They should be shut down for mis-leading the public.
January 29th, 2012 at 11:24 am
Seriously Brett, not to be mean, but I would seriously stop wasting your time. You don’t have a shred of credibility left. No reasonable, normal person would spend so much time and effort defending something that they didn’t have a vested interested in. I think you should just come clean and just say that you work for the site or have a stake in it and are just trying to explain to people how it works.
As for the business model, I think it uses false pretenses and is extremely deceptive and goes against what a reasonable person would consider to be a fair auction. It is clearly more akin to a gambling site. The advertising used is also deceptive. When someone says they “won” and iPad for $50.00 they’re really saying that 5000 x 60 cent bids were made on the item. The amount an item sold for has no correlation to the amount that a person had to spend on bids.
Unlike eBay, there is a massive conflict of interest with QuiBids, as the site is acting as both the seller and the auctioneer, that is a huge red flag. Could you imagine if a real estate agent was allowed to act in the same way ? They would be charged with fraud and I will be referring QuiBids to the ACCC and Office of Fair Trading here in Australia as the current way the site works may not be entirely legal.
One aspect I can’t work out and am highly suspicious about is the advice they give about “starting out small” and to go for “cheaper less popular items”. That to me absolutely stinks of some sort scam. If it is open and fair as claimed then what difference should it make as long as I’m the last bidder ? Even if it is my very first bid after signing up, if I’m the last person to make a bid in the final 10 seconds then I should win. Constantly being told by Brett and the site to start small and not to go for big items etc I think is another way of saying that until you spend a certain amount (ie on losing bids) then there is some sort of lock out or bot mechanism that kicks in to stop you winning until you have reached some sort of threshold.
I would say , not is all as it seems and read the fine print. Save your screenshots from auctions and account balances and keep in mind that if you do feel that you have been defrauded contact your credit card as they have dedicated departments that deal with such issues.
January 29th, 2012 at 11:05 am
sir your math is incorrect. The gamble here is the quantity of YOUR bids x.60 = ??? not total bids.
Pay attention not QuiBids says:
February 1st, 2012 at 2:47 pm
Nope, you’re wrong! Each person buys bids and each time you use a bid, you lose it. This means that all of the losing bids went straight to Qubids. (# of losing bids + # of winning person’s bids) x .60 = Qbids earnings
The winner pays: (# of bets x .60) + winning bid price + shipping = $$$$$$
If Quibids doesn’t have the item EVERY PERSON THAT BID DOES NOT GET THEIR BIDS BACK! Plus the winning person has to settle for a “comparable” item or get refunded their winning bid price ONLY which means the person paid for shipping and bids for nothing.
January 29th, 2012 at 2:36 am
QBids is definitely a scam… I won an auction for kitchen scales however they can’t supply them, so have offered me some options… I bet they never told all the losing bidders that they were bidding on an item that didn’t exist.
January 28th, 2012 at 11:24 pm
I know someone who works for this company and he told me the company uses bots to keep the bids running for hours. They are already being investigated. This is a complete scam. It’s going to be a very short matter of time before they are shut down.
Please folks….. Don’t waste your money.
I’m not saying this because I’ve lost any money. I’ve never spent any money.
Marel says:
January 30th, 2012 at 4:18 pm
I hope this company shuts down. Too many people getting scamed.
January 28th, 2012 at 10:12 pm
Before I sign up for anything on the net I first do a google “scams” search. So before signing up for quibids, I googled “quibids scam” and because of all the negative reviews I pretty much got the idea and decided not to sign up with quibids. To those of you who that saved me at least $60 I say Thank You.
January 28th, 2012 at 11:30 am
That bow-legged twit on their commercials doesn’t add any credibility to this pathetic fraudulent website. I don’t know what nauseates me more. The slimy “company” (what a bunch of sleazoids!) or that idiotic frog who shakes her head after every word?!
January 28th, 2012 at 10:34 am
I believe that the retail side of this business is quite genuine but I have some serious reservations about the bidding process for the voucher prizes. If you use Quibids in the USA you should take note of the name of the bidder(s) who win the voucher auctions and note if it is the same bidders.
In the Quibids UK version, I have noticed that one particular bidder called ipada10850 keeps winning the majority of the voucher auctions and during the last three weeks has accumulated over 6000 voucher bids, all funded with vouchers which are NOT real bids. Therefore, in order to win all these vouchers this particular person, or could it possibly be a computer, has not spent one penny of his own money to win the voucher auctions. This bidding practice is grossly unfair on all the other bidders as it only encourages all the other bidders to use their real bids which have been purchased with their hard-earned cash.
Also, this particular bidder will outbid all other bidders irrespective of how many voucher bids are used to win the voucher auction. The problem is that this type of bidding practice deprives other bidders of winning the voucher auction but only serves top inflate the price.
Quibids should change the rules immediately in all countries to stop this bidding loophole. They say they limit the number of wins to 12 in a 28-day period. This rule should also be applied to the number of product wins including voucher wins or the number of voucher wins alone. If there is any hint of a possible scam, this is where it may lie.
Quibids should start getting their act together and change the rules to make the bidding process for vouchers more fair for all bidders.
Pete says:
January 29th, 2012 at 2:10 pm
I agree on the limit rule being applied to vouchers – ipada10850 has his model and has cleared up in this respect. Sometimes he/she does pay way over the odds in vouchers but a lot of the time the mere sight of him/her bidding means everyone else stops and so he/she gets a real bargain. He/she is also very fond of game plays a great way to get free bids.
January 28th, 2012 at 6:16 am
I wanted the Olympus 8010 digital camera. Amazone sells the Olympus camera for $189.00. Did not want to spend $189.00, so i registered for sixty bucks. I won the Olympus camera for $1.33 plus $8.00 for shipping. I noticed i had bids left so i jumped in another auction and won a Samsung PL120 worth $109.00. I ended up paying $40 for each camera, not bad!
January 27th, 2012 at 6:47 pm
Brett,
Why don’t you come out and admit you work for this company. You have about as much credibility as a snake. Only a crook tries to justify how they rip off the public. You can use all the lame excuses you want, just as all scam artists do, it doesn’t change the fact that you and your company are rip off artists.
January 27th, 2012 at 6:06 pm
QuiBids isn’t a scam, but it is a ripoff. They also engage in a lot of scam-worthy behavior, so think twice about who you want to give your money to. One thing not noted in the review above: you need to purchase 100 bids at signup (costs $60). Also note the most important part of the review: some products will NOT come with a real warranty.
Lastly: ignore all the obviously paid comments by QuiBids’ internet team in the comment thread above.
January 27th, 2012 at 6:02 pm
Scamming nonsense. The folks who say its great are either:
a) Quibids employes, or
b) Plain stupid
Sure you might win something, but the odds are just like gambling in a slot machine. Most of the time the house wins. If you are happy to gamble your hard earned cash go ahead, but it is in no way a fair auction.
Marel says:
January 30th, 2012 at 4:21 pm
Well said. Your rating should be all over the web ON EVERY PAGE.
January 27th, 2012 at 2:09 pm
Listen people. We are all grown, you don’t need to worry abot the next person bidding for a product. If you see something you like,then go for it. If you don’t then just look farther. No one is holding a gun to your head. it’s an auction,which means they are selling a prouct. Regardless of the money they make,as long as YOU get it for a GREAT price, who cares. Don’t bid or go there. no one is making you. If you don’t know how to deal,then don’t deal. You pay to play..
Jon says:
January 29th, 2012 at 8:23 am
Quibids is like playing against the house. The odds are stacked up against you. Whether the slot machines, crap tables etc, majority goes to quibids. This site is disguised as a auction site but in reality it’s principal and business model is based on odds. Not fair that you play against bots as well.. plus if you do the math, bids process, and if you do win you are still left cheated… Why go thru this process when you can get name brands with warranties and return policies at box stores or verified online locations.. Your better to go on kijji or other sites to find these items. At the end of the day you leave cheated.
January 27th, 2012 at 10:16 am
Hey Brett, it’s pretty obvious who you’re working for.
January 26th, 2012 at 9:24 pm
Please all of you who complain that you lost your money, too bad!
Saying that you had no idea that you would pay $60 for thoses bids or I walked away from my computer and it kept bidding for me! READ before you start blowing away you money! Would you buy a car without reading the contract? Do you go to a casino and say I had no idea that it would cost me money to play? People, do you know how stupid you all sound? Please, do me a favor, stay away from Quibids so That the rest of us who know what we are doing win!
mike says:
January 27th, 2012 at 12:17 am
So how long do you think Quibids would last without relying on these stupid people?You could not get these great deals without their money. There can be only one winner,all the rest are losers. Me thinks you screwed yourself.
January 26th, 2012 at 9:23 pm
You know I have been seeing the commercials and I need a new car, so I was going to give it a try, uhhh not now I dnt wanna bet and hope!!!! uh rather GAMBLE in Vegas,thanks for the info good and bad.
January 26th, 2012 at 8:41 pm
Quibids is not a scam.
Basically since people pay for bids, this company makes a lot of money off all the losing bids. Yes, they sometimes make A LOT of money off certain auctions. They do lose money on auctions as well.
If you sign up for this service thinking you will win a big ticket item (hdtv, ipad, laptop, etc.) right off the get go, you will soon be out of your hard earned money. Know the risk involved before giving them your credit card information. Read about how their site operates, their beginner’s guide, and frequently asked questions links. If you do this, you will have a better understanding of how this site works and whether or not it’s for you.
If you think this site is a scam, look into casinos, state lotteries, and Amway. Tell me those aren’t scams.
Jaz says:
February 4th, 2012 at 7:33 pm
The difference with casinos/lotteries versus Quibids is that one is gambling and one is (supposedly) auctioning. Quibids is NOT an auction site, it’s a gambling site and should be advertised as such. It should also fall under the same gambling regulations as casino’s etc.
justin says:
January 27th, 2012 at 1:50 am
they paid you to say that. it’s a scam and you know it
January 26th, 2012 at 1:32 pm
lost a lot got nothing
January 26th, 2012 at 8:28 am
Everyone I know that has went on Quibid has gotten a $2500 tv for $75.32 or an Ipod2 for $88.22. Seems like a great deal. My brother got a 2012 Ford F150 for $1,056.22. He’s happy with the price, but wishes it had 4 wheel drive.
Zoe says:
February 10th, 2012 at 6:38 pm
Quibids is a scam i have no proof but you can just tell. i mean come on getting a macbook pro for less than $100 dollars seriously they should shut it down
Mike says:
January 29th, 2012 at 12:02 pm
I decided to lose 80 bids and closed my account immediately. This company is an absolute scam and should be shut down immediately. What does it say to you when I’d rather lose the money invested than to try and win something! I am scared that they have my CC information. I will call my CC for refund.
Real says:
January 28th, 2012 at 8:02 pm
Alex. Can you provide any evidence that my comments are not accurate.
Alex says:
January 28th, 2012 at 11:33 am
What a pile of bs
Real says:
January 28th, 2012 at 9:13 am
I AM NOT AFFILIATED WITH QUIBIDS IN ANY WAY. I AM ONLY COMMENTING FROM THE STANDPOINT THAT WE LIVE IN AMERICA AND ARE ENTITLED TO FREE ENTERPRISE.
I cannot believe the comments here that assumably come from intelligent people familiar with buying on the internet.
First of all, when you sign up for quibid, you agree to the terms. Why do you people have a problem with the terms AFTER you have agreed to them.
Secondly, why does anyone have a problem with private enterprise making a profit? I wonder how many of the commentators have Apple or Microsoft products – companies which have made 100′s of millions of dollars selling products.
Why should anyone care of the seller makes money as long as the buyer gets a deal. Is there a risk you will spend money bidding and not get the product, of course there is and if you are not willing to take the risk, don’t bid.
We all want good deals when we buy something. But if someone wants to buy a $1399 TV for $120 bucks, you have to believe there is considerable risk involved in that transaction.
Bottom line here is if you don’t like the system, don’t use it. Just because you don’t like it doesn’t mean there are others that will feel the same way. If you read the agreement before you begin bidding, you should have no complaints.
Brett says:
January 26th, 2012 at 8:10 pm
Jon,
I feel pretty good. I still get good deals and someone else gets rich. I would feel worse if I owned anything made by Apple. Apparently people try killing themselves who work at the factories who make their components. True story.
Jon says:
January 26th, 2012 at 6:42 pm
if you read the small print each one cent you bid is actually costing you 60 cents. As such, a item that sells for Quibids $10 actually makes them $600 in real money (1000 bids at 60 cents)
do the math now:
75.32@60=4519.20
88.22@60=5293.20
1056.22@60=63373.20
how do you feel now?
liar says:
January 26th, 2012 at 3:52 pm
yeah ok. sounds like you would never lie
January 25th, 2012 at 5:14 pm
This was an awesome review! I’m so glad that I came here and read this! Thanks so much for explaining what they really do!
Brett says:
January 26th, 2012 at 8:12 pm
Shel,
Hopefully you took some of this advice with a grain of salt. It’s true, this company makes a lot of money doing what they do. It’s not a scam though. If you don’t like the risk versus reward, and isn’t for you, that’s ok. Just don’t be like some of the people on here blindly yapping about how it’s a scam though.
January 25th, 2012 at 3:27 pm
I’m remodeling my front room and was in need of a new TV so i thought i would check it out. I found a 32″ Panasonic for 16.54 I was amazed!!! Then a coworker told me it probably was to good to be true so i looked in to it more. Thank goodness after reading all your stories. I think the people who run this sight should be ashamed of themselves. I hope they get shut down!!!!
218 says:
January 28th, 2012 at 5:21 pm
But their commercials are false advertising cuz they say “it only costs one cent a bid!” When it really costs 60 cents so in my opinion they should be shut down. I know that they have the fine print on their website and people should read that before they just blindly start doing something they don’t know that much about but then y don’t they tell this to people on the commercials?
Brett says:
January 26th, 2012 at 8:45 pm
Tina,
They won’t get shut down. If it’s not for you, leave it at that.
January 25th, 2012 at 2:57 pm
brett should be on tv telling us what he won. then they would not need an actor. you would think that there ads would be full of satisfied customers.
Brett says:
January 26th, 2012 at 8:07 pm
Mike,
I know you’re being sarcastic, but thanks!
January 25th, 2012 at 2:53 pm
Hi. I first noticed the Quibids ad interesting, and thought maybe this is way better than ebay. So I signed up and at the end it asked me for my credit card. I was shocked! Why are they asking for my credit card so soon, when I haven’t seen anything yet? So I knew this was B.S. and left the site and haven’t returned. I will stick with ebay, because I know I can trust that site. :)
Brett says:
January 26th, 2012 at 8:17 pm
Verna,
It did that because you didn’t read and accept the terms of service. If you would have read that, it clearly states why it charges your credit card.
January 25th, 2012 at 12:06 pm
It’s a risky game bidding on Qui bids but to date I’ve bought 12 items all at lower than retail so I’m happy. It’s also great fun.
dude says:
January 28th, 2012 at 7:51 pm
how many auctions did you lose?
mike says:
January 25th, 2012 at 8:35 pm
why not go on tv
January 25th, 2012 at 9:39 am
I was there trying really hard to win one of those panasonic 3d tvs that retail for $1399.99, after blowing $150.00 trying to get it I had to give up and lost all that money and came out with nothing.
the next day I looked to see what that tv auctioned for and it went for just over $117.90, they made like $7000.00 on a single item and yet right on their site they tell everyone they dont make rediculous money in fact they said they are struggling like a new business (YA RIGHT!)
I was really disappointed at first as well because when I first signed up I just wanted to look and get everything prepaired in case I wanted to make some bids not knowing that I was being charged $0.60 a bid and I had just purchased unknowingly 100 bids for 67 bucks and change
I did notice however when i was bidding when it got really close to the last few seconds and me and 1 other guy was bidding all over it that suddenly more and more people hit the same thing all at the same time and none of them made any bids until the very last second to keep the auction going
makes me wonder if they are bots setup by the server just to keep people continuing to make more 60 cent bids
all in all it is literally impossible to know when to jump in and try to make some winning bids so it is all just a really big gamble
another point I noticed as well, all the items ran out. they say over 8000 winners daily, but I only see less then 100 items to bid on
when I asked them about this I got the story line
oh its set up that way so every one sees different things at different times to avoid server flooding
my opinion on that is B.S. they are just going out to buy more stuff to put on the server to sell to suckers like me and make huge profits they just havent done it yet so there is nothing left on there
just remember when an item goes on there for $1.00 they just made $60.00
frank says:
January 29th, 2012 at 3:00 pm
Bret:
You obviously have a self interest in Quibids. You should come clean as to whether you work for them or not. As for quibids business model, it’s clear that it operates like the gaming industry. At the end of the day, the odds are stacked in favor of the house.The player loses 99 % of the time.. and leaves with nothing…. so in essence it’s gaming. When you say attempt “to play for smaller items” first, that is a false pretense to newbies. It’s only a matter of time that people realize that quibids corners themselves into a corner.. At the end of the day, you feel cheated.. word will get around.. There will always be fools and their money!
Brett says:
January 26th, 2012 at 8:22 pm
Shawn,
You also didn’t read their beginner’s guide to bidding. They specifically say not to start with the big ticket items. You are bidding against others with much deeper pockets than yours. Start with smaller items that you could live with if you paid full retail price for. Sorry about your luck.
January 24th, 2012 at 8:00 pm
Just spent 3 hours on the computer bidding on an ipad which sold for $30. I agee that who cares how much they make and in this case it turns out to be $1800 for a $500 ipad. I think the bidding is just a cover. I used the auto bid system which means that your chances of winning are randum if 20 of the 30 people bidding use auto bid. After 3 hours staring at the monitor and bidding I went to auto bid. I got edged out. It cost me $85 and that is the last money they will get from me. I have better things to do with my time. Back to EBay.
January 24th, 2012 at 5:59 pm
Quibids is not all its “craked uped to be”. For one when you sign off the computer in the middle of bidding on an item it automatically keeps bidding for you!! I’ve been charged over $100.00 in bids that I wasn’t even logged on the computer to bid on. They reimbursed me for a partial portion of the bids that I lost on to lose them in another auction that I wasnt even present for. My total evaluation for Quibids is that they are a site that scams and dups people out of their money. I will not be returning.
Yoda says:
January 28th, 2012 at 5:01 am
Only a fool gets into a fools debate with the likes of a self filled idiot most likely with a hidden but yet somewhat transparent agenda.
Whom apparently enjoys his pathetic moment in the smallest of limelights.
Brett have a good life or maybe just get one.
Love from ZEN & YODA
Brett says:
January 26th, 2012 at 8:25 pm
eugenia,
None of what you said is true except for, “I will not be returning.” Obviously you are not all that is “cracked uped (up) to be.”
January 24th, 2012 at 12:03 pm
Horrible, Horrible,Horrible.I cannot understand why this site is still in business. This site is a total ripofffor the average person, it feels as if you are just giving away your money, as a consumer on a auction site i don’t think you should feel like you have just been robbed, thats the experience in a nut shell.
Pete says:
January 27th, 2012 at 2:02 pm
Sounds like you had a bad experience… for me it was different. I concentrate on the small ticket items and I’ve done well.
Example: buying a £25 store voucher for £10 (including price, cost of bids and postage) – basically better than half price.
Example: buying an cordless screwdriver and 20 bids for £14 (including price, cost of bids and postage) – now that’s a really good deal in my book the bids alone are worth £12.
January 24th, 2012 at 10:08 am
If you value your time, money and health do not waste your time or money on Quibids. Firstly, I think the TV advertising you may have seen for this company and their website is outrageous. They state that you can buy a TV or laptop for only a few dollars however if you read the small print each one cent you bid is actually costing you 60 cents. As such, a item that sells for Quibids $10 actually makes them $600 in real money (1000 bids at 60 cents each). Why trading standards allow this I don’t know but it should be made absolutely clear in their marketing that a 1 cent increase in the price of an item is actually costing someone 60 cents and the final selling price is not the actual price at, rather it represents the number of bids placed. Anyway, I decided to sign up to Quibids and I spent a considerable amount of time checking and bidding on some smaller items for sale which I won for about the same kind of money I could have bought them for on the high street. After 3 months of checking the site out I then decided to bid on a larger item. The item retails for about $600 and identical items in other auctions I’d been studying for 3 months reached between $17 and $65 in Quibids money (in reality 1700 and 6500 bids or $1020 or $3900 in real money respectively). The auction started at 5pm and after 7 and a half hours the auction price had eclipsed all previous auctions for the same product according to their records, closing at $86 Quibids dollars. Ultimately, I’d wasted 7 and a half hours of my life and spent exactly the same amount of money bidding as if I’d have purchased the item on the high street. Furthermore, Quibids sold an item valued at $600 for $5160 (8600 Quibids bids at 60 cents each) Nice little earner for Quibids. What really infuriated me however was that only a few seconds (yes seconds) after I stopped bidding the auction ended. It really makes me wonder if I was bidding against a bot. IMO Quibids is a complete wast of space. AVOID IT LIKE THE PLAGUE.
January 24th, 2012 at 9:44 am
As the old saying goes…”a foool and his money will soon be parted”
…enough said.
January 23rd, 2012 at 10:22 pm
Spread the word and save them from this SCAM
quiSCAM says:
February 6th, 2012 at 7:41 pm
Thanks Brett and Pete,
How much QuiBids pay losers like you to keep watching user reviews and defend?…Get a Life!!!!
Pete says:
January 27th, 2012 at 2:04 pm
Lili, it’s not a scam, it a great business concept that makes them a reasonable return on their investment and at the same time offers consumers the chance to get a good deal.
Brett says:
January 26th, 2012 at 8:29 pm
Lili,
Not a scam.
January 23rd, 2012 at 8:04 pm
I was on there yesterday and thought I would give it a try. Sure I read all the small print and I figured I was ready to BID!! I started small..won 15 bids, then won stand alone can opener, then I won a steamer for clothes worth $149.00 for .08 …yes I was WINNING!!!! then I won an extra $250 bids..my DOWNFALL..thinking I was ready for the Ipad2 auction..I was caught up..lost three auctions and a total $132.00 down the tube…but it all balances out because had I walked away with all my winnings I would have been ahead. SO of course I am sore…but not a sore loser. I did it to myself. But I love the fact I won 2 much needed items. so people understand it is a business, a hustle, and a chance that you are taking..but it was fun and now that I understand the strategy of NOT getting caught up in a bid war I think next time I visit..I will be more prepared and i will win..and may not go for the big ticket items until they are the end of the bidding…takes about 3 to 3.5 hours for them..you just have to keep watching and make sure you have good internet connection! I watched that Ipad2 go for $54.00 that’s a $500 item but the site made out like a fat rat!! $3240…and this goes on ALL DAY!!! So BID wise learn from my mistake..is it a scam?? or are you salty because you didn’t think of it 1st! Damn I wish I had!!!
Brett says:
January 26th, 2012 at 8:31 pm
Angela,
Thank you. You are one of the more level headed, understanding people on here. Well said.
January 23rd, 2012 at 6:47 pm
Dude, c’mon. Freakin’ Applebees Cards??? Are you really that toasted???
Damn.
Brett says:
January 26th, 2012 at 8:50 pm
stugatzzz,
Dude, no. I’m not toasted at all. I don’t live in an area with much in the town. Other than Walmart, Home Depot, and Applebee’s there isn’t much for franchises here. I am not going to start bidding on some of the big ticket items because I don’t have the time, nor number of bids built up to bid yet. So if I visit Applebee’s a few times a month and I can do so roughly half off, what’s so bad about that?
January 23rd, 2012 at 1:00 pm
Brett, you obviously feel so stupid about being caught up in this scam because you cannot resist commenting on everyone’s post. “Me thinks thou dost protest too much.” There goes 10 minutes I will never get back.
Brett says:
January 26th, 2012 at 8:52 pm
Scott,
I just don’t like people blindly trashing a site that has not only been good to me, but is totally legal. If I like something, why wouldn’t I stand up for it? “Me thinks thou dost watch too many Monty Python skits.”
January 23rd, 2012 at 12:53 pm
I couldn’t help but apply the age old philosophy is anything seems to be too good to be true, then it probably isn’t true. I also sometimes wonder if when a bid for an item gets down to the 1 or 2 second time limit, if Quibids, bids on the item to raise the selling price and the money spent on bidding. It just all seems like a casino. You should never play against the house.
It was worth looking into but I think I will steer clear of this “too good to be true offer.”
Pete says:
January 27th, 2012 at 2:08 pm
Too good to be true for some – more chance for me to get a good deal.
January 23rd, 2012 at 11:41 am
I have never used quibids, but i understand how it works and i have alot of friends that love it. As I started reading through these posts I appreciated what Brett was saying, the fact that its not a scam and if your going to bid on something, just be committed to buying it, and you wont miss out. As the posts went on I saw that Brett has a stick up his butt. There are also some very good points that other people have made… perhaps Ill just stick to best buy or target for a new camera…And seriously Brett, you need something to occupy your time lol.
January 23rd, 2012 at 1:17 am
I did use quibids and I did read all the Infomation provided to say how it works, but they are a scam. oh I won alright I started with small item (the bigger iPads , tv’s anything of high cost would never sell) so I did the small stuff gift cards and other small stuff and I won but they never sent my winnings to me I even phoned thier customer service and they are useless no help. Don’t use scam
January 22nd, 2012 at 11:53 pm
Well, it’s technically not a scam. People just have to be aware they’re playing the lottery, not using an auction. I could figure this out without signing up to the site, but I guess if you can’t figure this out and you think it’s like e-bay, I guess you could feel like you’re being duped.
January 22nd, 2012 at 9:22 pm
You know what, Why don’t you all try it out? If you can go to a casino and spend $100 on slots and go home saying it is only once and a while then this is the same thing. I got a 60″ LG LED 3D TV valued at $3599.00 for $53.14, total cost with bids and shipping about $94.00. Not sure about the rest of you but My $100.00 gave me much more than a fun night out! That is my view! Good luck to the rest of you.
January 22nd, 2012 at 11:55 am
That fact you are paying $60 or more to buy bids should be a red flag right there. If you lose the item you lose the money buying the bids. That’s not really right in my opinion. Ebay is free to use,you don’t pay anything until you win the item that cost you nothing to bid on. The auction ends when it does,not being extended. All those things scream of rip off. I don’t care what you managed to get out if it, the majority of people aren’t, that’s the real issue here. Common sense applied this is not a way to buy products.As some people said, apply another $50-$100 and go to a store and buy it off the shelf with warranty. I don’t think sites like Quibids should be allowed,it’s a form of deception especially the ads running on television.
If it’s too good to be true, then it probably is.
Brett says:
January 22nd, 2012 at 3:04 pm
Hypno,
I don’t know where everyone is getting this non existence idea of a warranty from. Additionally, most products have a return policy as well. Also, Ebay is not free. If you are selling something, you have to pay Ebay part of your sale. This charge increases the more you make on an item. How is that fair?
You know what else isn’t fair? Everything. How come the unused minutes on my cell phone plan don’t carry over to the next month? Why can’t I just buy tv channels I want to watch instead of including CBS, Lifetime, Disney, C-SPAN, etc.? Why do musicians make money every time one of their songs sells on iTunes, or downloaded from Amazon when they only have to record the song once? Why do I have to continually pay insurance on everything when I don’t make any claims? Why don’t I get my money back after buying a losing lottery ticket? People on Quibids, at least the people who understand the site, know that when they purchase bids they are in fact taking a risk. They may get a great item at low price, or they could get nothing. I understand these risks and so far, I am willing to spend my money there.
I am on eBay quite a bit. Actually I look up a lot of prices on there to compare Quibids retail prices. It helps me get a real market price of the item. One thing about eBay is that someone can out bid me at the last second without me being able to counter their bid. That’s not a true auction, and some people may think that’s not fair.
If you have a problem with their website, send an email or write a letter to someone. Write the tv channels who air those ads and complain to them. Write your congress person a letter about how Quibids is allegedly operating illegally.
January 21st, 2012 at 6:04 pm
hey Brett – how much are you getting paid to sit on this site? .60 cents or more for each comment supporting the penny auction site?
Brett says:
January 22nd, 2012 at 12:48 pm
Sam,
Obviously I don’t know what you do for a living, but I’m going to guess that you’re a comedian. Actually, I’m not getting paid anything. I’m just sick of people saying how Quibids is a scam when it isn’t. Just because a lot of people are idiots, including you, and can’t accept their legit business model doesn’t mean that Quibids is a scam.
January 21st, 2012 at 1:39 pm
First off, Quibids is not a scam. If you disagree with that statement, then stop reading because nothing will change your mind anyway.
In a nutshell here’s how it works. You pay per bid, not by placing a maximum monetary bid on an item like on ebay. Regardless if you win or lose an auction, you don’t get your bids back or reimbursed for them. If you win an auction, you pay the price of the item that ended with the final bid. Usually there is shipping and handling, or a processing charge. All items are new and start at $0.00. You are just placing bids which increase the final price by $0.01. Keep in mind that every time you place a bid, you are SPENDING MONEY!! Some people are either too stupid, or just forget this. When the timer for auction gets down to 20, 15, or 10 seconds, it resets back to 20, 15, or 10 seconds when someone places a bid. In that way, the auction will stay open longer making Quibids money and giving bidders a chance to place a bid if they choose to. The auction ends when no one places a bid within those last seconds. I will give you an example of how this works with one of my personal experiences.
I signed up and my credit card was charged $60 for 100 bids ($0.60 per bid). I want to emphasize that I READ THE “THREE BIGGEST MISTAKES THAT BEGINNERS MAKE” article on their site. I bid on something that I would buy anyway, even at full retail price. I started bidding on a $50 Applebees gift card. I bid five times on it, and actually won the auctioned gift card for $0.19! At this point I have 95 bids left to bid on other items. Total cost of the gift card was $3 (the cost of my 5 bids), plus $0.19 for the ending price, plus $1.99 S&H for a grand total of $5.18. The ending price and shipping and handling were charged to my credit card (or paypal account). That’s still a great deal any day of the week.
Not every auction I bid on ends up this way. Taking into consideration all the charges involved, I sometimes only save 10%. I have never won a big ticket item like a tv or a computer. On my initial 100 bids purchased for $60 and additional charges of about $12, I won a total of $135 in Applebees gift cards. I received them in the mail a few days later, actually checked them out at the local Applebees, and everything worked.
How is this a scam?
mike says:
January 22nd, 2012 at 7:33 pm
Quibids, beezid and all the others are a scam, it cost me over $100 to learn this lesson. You bid thinking that no one else will bid after you, judging by the history of the last one that sold, but then as soon as you place a bid, someone else(or a bot bidder setup by the website) bids. So any way, you get caught up in auction fever, you have already wasted 100 bids on the item and dont want to just give up and let your bids got waste, so you buy more bids. In the end, you dont win, someone else does or what seems to be someone else, maybe a bot bidder from the website, so you get nothing, the website gets your $100 and more than likely the product too so they can relist it. So in a case such as this, they get $1,000′s of dollars off 1 product before they actually ship it to a winner, if they even ever do that, the winner is probably themselves.
Brett says:
January 22nd, 2012 at 3:35 pm
Oops, I forgot to add $4.20 for the price of the 100 bid package.
Brett says:
January 22nd, 2012 at 3:33 pm
rocka,
I did better than breaking even. Also, I spent about three hours online doing this…
100 bids for $60. $60.00
100 bid package won with 56 bids and $1.00 processing $61.00
$10 gift card for $0.01 with 1 bid plus $1.99 SH $63.60
$50 gift card for $0.19 with 5 bids plus $1.99 S&H $68.78
$25 gift card for $0.06 plus 3 bids plus $1.99 S&H $72.63
$50 gift card for $1.34 plus 56 bids plus $1.99 S&H $109.56
Gift card total $135.00
My savings $25.44
Now I figured in those prices at $0.60 a bid. Being I won an auction for 100 additional bids, plus 25 free bids came with one of the $50 gift cards, plus an additional 12 free bids from completing challenges, one could argue I’m only spending $0.25 per bid saving me an extra $42.35 (100 bids + 100 bids + 25 bids + 12 bids = 237 total bids for $60 is $0.25 per bid).
At this point, I still have 116 bids left… more now than when I originally signed up for Quibids. You’re right, I barely broke even.
Brett says:
January 22nd, 2012 at 12:55 pm
Superdave,
I like your assumption. I in fact am dumb and I like spending more money on every day items than I have to. When I go to the supermarket, I like to wait until a sale is over, and then buy things at regular price. How did you know I am that type of person? Also, this DEAD-END company as you put it isn’t publicly traded so I don’t have stock in this company. Now you can make the joke that if they did have stock, I bet it would be $0.60 a share! *ba dum tss!* If I were you, I would just stay off the internet all together because it’s a big scary unknown world full of people who are trying to take advantage of you and stealing your credit card information. As I said before, thanks for not signing up for Quibids because it’s just one less person I have to bid against.
rocka says:
January 22nd, 2012 at 7:06 am
that’s 135 minus the 60 dollar bids fee and shipping and handling, i doubt you barely broke even.
Superdave says:
January 21st, 2012 at 6:31 pm
Also, You must have bought stock in this DEADEND company.
Superdave says:
January 21st, 2012 at 6:28 pm
The math is correct, but you must be dumb to partake in such a racket.
January 21st, 2012 at 9:17 am
From the get go I have never even thought of using QuiBids. I myself am an avid Ebayer, buying, repairing, restoring and reselling old American Flyer Trains. QuiBids offers nothing of the sort.
After seeing the TV adds was enough of a Red Flag. I figured there was a “catch”, and i show up here and find out it’s 60cents for each bid! I kinda thought it would be 10cents! wow, was i wrong!
What really sends up a higher red flag since i have read many reviews is the No Warranty issue and the “Out of stock” issue. Believe it or not, i was taking a coffee break from this ole screen when it occurred to me about a big train wreck we had here (Porter County, IN) that was on the National news 2 weeks ago.
What does a train wreck have to play into this? One of those trains (3 wrecked) was a double stack container train. You know, Asian TV’s, cell phones, computers, all the Tech Toys. Where does the undamaged, salvaged items go???? A WHOLESALE LIQUIDATOR! Places like Big Lots buy that stuff and sell it as such (damaged, reconditioned, or…. from a wreck).
I wonder, yes Alice, i really wonder where QuiBids gets some of their stock? New stuff? NO warranties? hmmmmmm BEWARE!
Brett says:
January 22nd, 2012 at 1:11 pm
Wayne,
I think you were being sincere in congratulating me on my winnings and I want to thank you sincerely for that, seriously.
You mentioned ” they sell only new items vs. what i buy and sell,” but in your original statement you said, “I myself am an avid Ebayer, buying, repairing, restoring and reselling old American Flyer Trains. QuiBids offers nothing of the sort.” You only implied that Quibids doesn’t auction off American Flyer trains. I guess most online auction/sales websites aren’t for you being most of them don’t specialize in American Flyer trains.
Also, you technically didn’t mention the word scam, but you used terms/phrases like red flag, implying there was a “catch”, and assuming any big ticket item is out of stock. It would be like me calling you a liar, which I’m not, but not using the word liar. I could say that you don’t tell the truth, spread rumors, and gossip, but you’re not liar.
Can I be correct in assuming that you have never signed up for Quibids? How can someone who hasn’t used a service critique it? I have no idea what American Flyer trains are, but you don’t see me saying what poor quality and how over priced they are. Please stop commenting on something that you have never personally tried.
Wayne H says:
January 21st, 2012 at 10:47 pm
Brett, a little puffy chested, aren’t ya? Why did you have to reply in the manner you did? Who’s stupid? I CLEARLY said Quibids is not for me BECAUSE they sell only new items vs. what i buy and sell. It is a very clear statement why i do not use quibids allowing more for you! Is there something terribly wrong with that? Get over yourself.
Never once did i use the word scam or question their profit margins. You made 12 replies to others on this page alone, are you the site moderator/troll? And then…. you accuse others of wasting their time elsewhere. hahaha, what a Hoot!
Have you been told after winning a big ticket item it is out of stock (like many others have posted here)? Keep us enlightened. In the time being, keep on going after those gift cards, you have found a niche and save lots of money!… and that’s good!
By the way, I know how Quibids business model works, but not having the item in stock when someone wins the bid? Poor, very poor business model.
Brett says:
January 21st, 2012 at 2:23 pm
Oops,
I forgot to add something…
4,009 losing bids x $0.60 = $2,405.40 – $360.00 (price of the Xbox) + $40.10 for the winning bid = a net gain of $2,085.50.
Brett says:
January 21st, 2012 at 1:54 pm
Wayne,
Read how Quibids really works before you look even more stupid. They sell brand new items, not used American Flyer trains. Want to know how they make money? That’s right, they make money off all the losing bids. Let’s take a look at this.
For auction is a Xbox 360 Modern Warfare 3 edition console. Look it up on Ebay, and you can find them for about $360. The auction on Quibids ended at $40.10. I don’t know how many bids the winner placed, but I’m assuming they got somewhat of a good deal. Quibids could just buy an Xbox off Ebay or their local electronics store and ship it to the winner. Like you said, at $0.60 a bid and each bid driving up the price one cent starting at zero, that means there were 4,009 losing bids. 4,009 x $0.60 = $2405.40 – $360.00 (price of the Xbox) = a net gain of $2045.40.
This doesn’t sound like a scam, but an incredibly great idea and business model. If I’m ever in the market for rebuilt Radio Flyer trains, I will make sure to find you on Ebay. Until then, I’ll keep buying things I can actually resell or use on Quibids.
January 20th, 2012 at 8:47 pm
Wouldn’t go near this website with a 10 foot pole! Red flags all over it and they should stop the misleading advertising on TV.
Brett says:
January 21st, 2012 at 2:01 pm
Sam,
Your entire basis for this thought is what you think based off a television commercial? Have you gone to their website and actually read how it works? Have you read about both the pros and cons of this business? I suggest you read up on it before recommending how the company should or should not spend their money (i.e. advertising).
January 20th, 2012 at 5:28 pm
Quibids is not auction website…Please don’t go by its name rather, it is online gambling website
In simple words, You will loose money even though you won’t win bid unlike e-Bay….
In simple math terms, if there are 10 bidders for 1 item worth $100 and all of them use there 100 bids (amount to register Quibids is $80 for which you get 100 bids), so total amount QuiBids gets from 9 users will be $720 and say the person who won the bid use only $50 worth bids (so total $770), in all Quibids gets more than 7 times profit, the user who won the bid (not sure he is real, may be one of the quibids fake account holder) saves $50 BUT other 9 people loose their money…So bottom line is its BIG scam…
P.S last 15 seconds of Auction takes 3 hours to finish (resets time once its near to 7-8 seconds)to grab all your bids (money)
Jeff says:
February 1st, 2012 at 7:03 am
Brett,
You said ‘Quibids is not a scam. People who don’t wisely bid lose their money’…OK why it has misleading name of ‘Qui’BIDS’ where people think it ‘might’ be same as eBay as in its shown in their advertisement….in ‘normal’ auction site people who don’t win the BID are suppose to NOT lose their money…well such as eBay if you don’t know…
In normal clock, i.e 15 seconds to close bid MEANS it has be ended in 15 seconds…not everyone has time like to sit for 3 hrs or may be a day to win some 100$ junk….
I knew ‘Looser’ like you would come to explain these kinda things but hey who am I kidding, I can’t blame you as you promote lame scam site where ‘they’ employed you to sit and defend others claims….feel really sorry for you…
If you can’t live with it then go to somewhere like Namibia where scam like this is legal…
Lets see what ‘professor’ Brett has to say about this….
Brett says:
January 22nd, 2012 at 1:43 pm
Jeff,
You are not correct with much of anything. First off, please learn the English language and how to use it. Not all people “loose” all “there” money on the website.
Quibids is not a scam. People who don’t wisely bid lose their money. Do you really want to know what a scam is? Try watching The Hangover II. I wasted about an hour and a half of my life watching this movie. When I returned the movie back to the video store, they wouldn’t refund my money after I told them I thought the movie was terrible. Therefore all movie rental places are scams. According to Nash Information Services and Box Office Mojo, the budget for the Hangover II was $35 million. It made $467 million at the box office. That’s 1,300% profit.
Let’s go back to your example. Quibids charges $60 for 100 bids, not $80. Item number one is worth $100. Nine bidders use all their bids, and the tenth bidder uses $50 worth of their bids. $60 x 9 users + $50 in bids from the 10th user = $590 – $100 for the cost of the item + $9.84 for the cost of the item’s winning bid = $499.84 is what Quibids profits were off that item, which is 499%. Also, not every auction lasts three hours. Some do, some last only a few minutes, and I’ve seen one that lasted over a day.
The point I’m making is that the movie, The Hangover II made almost a half of a billion dollars and profited 1,300%, while Quibids on your example only profited 499%. You don’t see me arguing how Hollywood is a scam, do you? This is also why I love this country because any company can make as much as they want to. We live in a consumer driven country. If you can’t live with this, move.
January 20th, 2012 at 11:44 am
Hi all,
It’s easy:
I spent $200 and I got in return $85 in cards to Stores.
Losing: $115!
Do not forget: you bid 1 cent in auction but this cent cost you 60 cents + tx. Easy again:
Let’s say you win a 50inch TV for $150 in their auction.
How much have you bid for it? At least 800 bids (which means $8 in auction but means $480 from your pocket + shipping + taxes = more than $650)
What means for them? $150 means 1500 bids, isn’t it?
Multiply 1500 bids with 60 cents = $900
So they got $900, buy a TV for $700 and sold it for $900. $200 profit!
You: got a TV for $650! Wow! Put $50 and get it the store! It will save your time and money!
Brett says:
January 22nd, 2012 at 4:03 pm
David,
You saw right through my lies. I have been working at Quibids for about 20 years. While working with Al Gore in helping create the internet, I ran into the person who came up with the Quibids business plan. I liked what he had to tell me and the rest as they say is history. My title at Quibids is the MFCEO. The real name of our business is actually Quibids Hotel and Casino. When I’m not doing MFCEO duties, I’m a part time dealer at the blackjack tables. If you have any further questions, you can call Quibids and ask for me. I will be happy to answer any questions you may have.
Brett
MFCEO
Quibids Hotel and Casino
David says:
January 22nd, 2012 at 12:41 pm
Brett do you work for Q/B. And if is a gambling site why not to post that on tv, instead of a auction site. Totally not agree to pay for something you have not won. Totally Q/B it is a big scam. Brett what is your title at Q/B?
Brett says:
January 21st, 2012 at 2:20 pm
Mike,
You obviously don’t know how to do math. Also you cannot assume that someone will bid 800 times on a 50 inch tv. Yes, it is possible but it is also possible that someone bid 200 or even 400 times on it. It appears you didn’t excel in economics either. Let’s look at your example…
What does that mean for them?
$150.00 means 15,000 bids NOT 1,500 bids.
Multiply 15,000 bids by 60 cents = $9,000
If they bought the tv for $700 but only sold it for $650, they’re losing $50. Since they made $9,000 in bids – $700 for the tv + $150 for the winning bid = $8,450 which is over 12,000% profit.
Me: I got a tv for $650 which saves me $50. I like saving money.
Mike, I hope you never sign up for Quibids because that’s just one less person I have to bid against.
January 20th, 2012 at 8:57 am
QuiBids is a gambling site, pure and simple. Did you think anyone can sell a $500 item for $20 and stay in business?
So those who go there are either fools, thinking this is a free-lunch diner. Or they are gamblers, knowing what they are getting into. Because it could well happen that you win the item with one bid and pay your $20 for $500 worth of merchandise, and good luck to you and to QuiBids, who will have collected $1220 on the deal (but not from you.)
As for those who want the government to close QuiBids down – why? Are you suffering from a shortage of laws? If you don’t want to gamble, don’t go there. But if you’re a fool, there could never be enough laws to protect you, and in the process of making the laws the politicians will be taking much more from you than QuiBids take.
So, grow up, wise up, and shut up. Carry on with your own business – which is probably another scam too, but that’s another story.
Brett says:
January 21st, 2012 at 2:30 pm
Frank,
Why should I care how much money they make on an item if I’m still getting a good deal?
I do agree with you when you say, “Grow up, wise up, and shut up. Carry on with your own business.”
mary says:
January 21st, 2012 at 1:07 pm
Have a heart Frank.
There are honest, but gullible people who are taken in because they believe that TV ads are for real and that there are good people in the world
January 20th, 2012 at 12:09 am
Quibids is not a scam, it is just an entertainment site 4 those of us who like to play around with our money. It is very much like a gambling site in the way that if the user does not know what they are doing or has no self control, then lots of money can be lost. If played right, by their rules, one can take advantage of the obvious disparities in the learning curve. There are a lot of fish in the sea…
Brett says:
January 22nd, 2012 at 1:45 pm
Mary,
No. I don’t work for Quibids and I doubt Quibids Redemption does either. Do you work for Quibids?
Brett says:
January 21st, 2012 at 2:37 pm
Agreed.
mary says:
January 21st, 2012 at 1:02 pm
Do u work for QUIBIDS?
January 19th, 2012 at 8:30 pm
The Better Business Bureau will do nothing meaningful nor anything really to put a halt to this website. If they were to do something at all it would be to defend “quibids”, because all the BBB does, is accept money on a yearly basis from any business or company regardless of how shady and misleading that business or company is, as long as the better business bureau gets the cash anyone can get that “BBB” tag.
Brett says:
January 22nd, 2012 at 1:51 pm
BBB hater,
If someone wanted to open a pay per view website of videos of horrible parents beating their children, I’m not 100% sure but I have a tough time believing it would get a BBB tag. Seriously, just take your nut brained conspiracy theories elsewhere. I’m sure there is a blog out there that you can contribute to, oh I don’t know, how we didn’t land on the moon that you can write about.
January 18th, 2012 at 8:28 pm
Spent $400 in bids. Won all my items in 6 bids or less because people give up. Must have won $1000 on merchandise and giftcards. There is a trick to it and its all about timing. I had purchased a $100 giftcard for $5.02 using 8 bids. If you don’t know what your getting into don’t do it. Its all about when you play, time you play, timezone you are in vs everyone else.
I play from 2 AM-5AM EST. THEN from 9am-4pm est. Sun Monday Wednesday. Then on Friday 7pm-11pm. That’s what I did to win. It worked for me. When I saw they are running commercials on Tv I stopped. To many people that don’t know what they are doing. Also it helps if you have a good Internet connection. If your Internet and Pc suck, you might not win that much.
Brett says:
January 21st, 2012 at 3:13 pm
Jon,
Nice job! I too had good luck with Quibids as well. Is it fair to assume that you spend a considerable amount of time on their site watching trends, auctions, past winning auction prices? I spend a lot of time on there. Some of my friends give me a hard time for doing this that I’m wasting my time. Usually they are the friends that spend time online browsing through Ebay, watching YouTube videos, or watering their crops on Farmville. Funny, huh?
January 18th, 2012 at 1:28 pm
You all just saved me time and money! I will not participate in this type of mess.
January 18th, 2012 at 10:11 am
Before reading any of this I signed up for $60.
Yesterday I won 7 auctions, all for gift cards of $25 from Wal-Mart and Canadian Tire. I only bid on auctions that offered more bids.
At the end of the day, my bids we gone but I felt I did well.
I paid $60 for the bids, and $27 for the winning auctions, including shipping.
So the end result was 87 dollars spent for 225 in gift cards.
No complaints here.
Brad says:
January 18th, 2012 at 10:14 am
My mistake, I won 8 auctions, and one of them was for $50 that I won with 2 bids…that’s how it comes out to $225.
January 18th, 2012 at 1:21 am
Quibids is a sick, sick thing in which to get caught up. I got out recently. Eight months ago I recieved a promotional offer and signed up for 45 bids – the minimum. One night I decided to use those bids but when I submitted a bid I was informed the bids had expired; I contacted customer support and they did credit my account with the bids since they were “real” bids and not “voucher” bids. I’m in the market for a small TV so I decided to use my bids and possibly get a deal on a small TV; no matter the result I intended to close my account – I burned my bids without winning. NOW FOR THE SICK PART! I bid on a TV worth $369 dollars, which was about the right price for the TV. Quibids pockets $.60 for each and every bid. When I crapped out the cummulative bid amount (mine and others) $27.17, which is 2,717 bids * $.60 = $1630 for a $369 TV. So, the bidders collectively put five times the value of the TV in Quibids pocket. On top of this, the winner would pay the $27.17 + shipping. I can just imagine how many bidders with gambling problems participate in Quibids. I burned my bids, deactivated my account and I am so, so glad to be out. I wish I had never heard of Quibids.
Brett says:
January 21st, 2012 at 3:22 pm
You seem to look at this site like a gambling website. My neighbor introduced me to this website. He showed me the set of golf clubs he bought for a total of $35. I think he bought them for $3 and change. Obviously Quibids didn’t make money on that sale. They also didn’t make money when I bought a $10 Walmart gift card for a penny. I guess the point I’m making is that like in most auctions, you win some and you lose some. You also have to keep in mind that they have to pay their employees, website maintenance, other companies that handle transactions, buildings, computers, postage, etc.
potato face says:
January 18th, 2012 at 10:31 pm
:)
January 18th, 2012 at 1:02 am
I was stupid and fell into the trap…Got smart fast!! I did get a few good deals, for about $90 worth of goods, it cost the initial $68 for bids, and for three items shipped was about $20. The retail for said items was about $90, so i pretty well broke even. The part they burned me on was when i was bidding for an item, then their “system” said i had bid enough and i was stopped from bidding any further, costing me not only the item, but the 72 bids i had bid…Do the math, i not only lost the item, but it cost me $43.20 because their “system” said i had bid my “limit”…What a scam!!!
January 17th, 2012 at 8:25 pm
This place is a rip as always if its to good to be true also no such thing as a free ride
January 17th, 2012 at 8:41 am
I have given a rating of four for a good business idea. There is no real scam as such but there is something not right about the bidding process. What I have found out will surprise many. If you are bidding on QuiBids UK for vouchers of any value you should beware of a couple of bidders whose identity cannot be verified. Reason: They are bidding from the British Overseas Territory of Bermudu. The handles of these two bidders are Ipada10850 and Wam37. The bidder, Ipada10850 always seems to outbid eveyone for the prized extra voucher bids. Could it be possible that these two bidders are BOTS? If anything, this is where the real scam may lie and I would ask others to follow who seems to be winng the voucher prizes and post what you find here. In my estimation, offshore bidding is an unfair practice as most bidders think they are bidding against another person in the country where the auction is taking place.
Pete says:
January 25th, 2012 at 2:25 pm
Also if you check on google he (she) also has accounts on other auction sites so I dont think he (she) is a bot – just a bidder with a strategy that works for them
Pete says:
January 25th, 2012 at 11:57 am
I’ve seen ipada10850 and wam37 also – ipada in my mind has a very simple but effective stragety.
He always goes for voucher bids especially with game plays and will not stop until he wins even if he overpays. sounds daft at first but as we all get used to seeing him bid and we realise he aint going to stop we all stop bidding and he gets loads of voucher auctions for next to nothing. Overall he’s going above evens I reckon and amassing a heap of voucher bids which he then uses to buy goods.
It’s his strategy and it works for him (I say him it could be a her)
QuiBids is no scam, I’ve sone heaps of stuff from it and got some really good deals.
Brett says:
January 21st, 2012 at 2:49 pm
Oleg,
I don’t believe your story.
Oleg says:
January 17th, 2012 at 9:58 pm
It is real scam. Stay away.
I spent my first $60 in QuiBids to play to participate in few auctions, have won few small auctions, AND THEN I faced very fraudulent auction for $20 gift card where winning bidder placed more than 150 bids to win just $20 card. How is it possible that an other bidder who joined my last auction much early then I did, placed 150+ bids, an equivalent of more then $100, just to win a $20 gift card. To re-phrase my dilemma and complain, how is it possible for a real customer to spend more then $100 to get $20 gift card, outbidding many many other bidders and at the very end to outbid me while I was spending all my credits ($70 worse of bids) down to zero. I have placed so many bids that equivalent of $70 not because I wanted to win $20 gift card by spending $70. I did it because it was my first day and having analyzed patterns of other auctions I’ve got alerted and became suspicious about fraudulent nature of this on-line auction service.
To proof my conclusions I stayed in my last auction until the very end to see it my self. The other “bidder” wasn’t new to the QuiBids, based on his rating, and surely wasn’t trying like me to test how fraudulent this service is. That “bidder” simply spent more than $100 in bids to win this auction for $20 card.
I spent my $$ this way to keepyself from further trouble, so learn it for my $$, not yours – stay away.
January 16th, 2012 at 11:40 pm
I like how there is a Quibids ad on this page. Irony.
just some dude says:
January 22nd, 2012 at 9:49 pm
haha, about the quibids ad.
brett, i think you need a chill pill. with the amount of stupid comments you posted on this page, you could have set up your own affiliate site for quibid and made loads of money by now LOL
Brett says:
January 21st, 2012 at 2:52 pm
I like how your one star rating is based on how you like that there was a Quibids ad on this page. Irony.
January 16th, 2012 at 12:07 am
You all saved me a fortune, they’re plugging the crap out of this site on Australian TV and after being initially interested it’s with thanks to all of you for confirming that I will NOT be joining this disastrous website. Thanks again.
Brett says:
January 21st, 2012 at 2:53 pm
Thank you for not signing up either. It’s just one less person for me to bid against.
January 15th, 2012 at 11:33 pm
Its very interesting to watch how long that last 15 seconds takes to finish aution….yeah guys it takes more than an hour…If you extra money and time to loose then please register quibids….
January 15th, 2012 at 8:34 pm
If it looks too good to be true, it most likely is! Why would ANYONE offer a new, 100% working 54″ plasma TV for less than $30?
pg says:
January 18th, 2012 at 2:46 am
They don’t, $ 30.00 is 3000 bids of 1 penny, since thet sell each penny bid for $ 0.60 that mean they sokd the tv for $ 1800 plus the $ 30.00 advertised equal $1830….
Oleg says:
January 17th, 2012 at 10:03 pm
It is simple, they start price at 1 cent and each bid increments the price by 1 cent, to raise the price to $30 should take 30 X 100= 3000 bids. Each bid cost 60 cent, so they sell that TV at $0.60 x 3000= $1800 plus Tax + S&H
January 15th, 2012 at 2:43 pm
quibids.com is an absolute scam – do not get suckered into it!
Brett says:
January 21st, 2012 at 2:58 pm
I agree with jess. I too got suckered into this. After S&H charges and winning auctions, I spent about $73 on $135 in gift cards. They were then mailed to my house and I used them. I saved just about 50% on money I was going to spend anyway. What a ripoff!
jess says:
January 15th, 2012 at 10:26 pm
I got my ipad 2 from here for $20 and five days later they refunded me saying the bid was outbid so i got a few ipad and money back lol sucker
January 14th, 2012 at 2:15 pm
Thank you guys sooo much. I was so close to signing up. It makes perfect sense now that I’ve read these reviews. I understand its a gambling site, which is fine, but at the end when they don’t deliver the product yet still make all the money from the bids??!?! OUTRAGEOUS!
SHUT IT DOWN!
And all these news papers and t.v news shows giving the site free advertising should do their research before plugging a scam!
Thanks again guys, saved me big bucks.
Brett says:
January 21st, 2012 at 3:00 pm
Marco,
I received my products in the mail and used them. I saved a bunch of money. Like I’ve said many times before, thanks for not signing up because it’s just one more person I don’t have to bid against.
January 14th, 2012 at 1:31 am
Save your money and buy something you really want instead of risking your money on some random items that 20 other people are trying to OUTBID each other.
January 13th, 2012 at 8:51 am
Well, they are so crazy, they dont even know what they sent. I won a product, worth over 150.00. it was delived to me, original packaging, worked etc. A few days later, they sent me an email stating the product i received was out of stock. They offered me a few choices, a different product, or refund the auction price (.10 for a 150.00 product) plus over 250.00 bids. For shits and giggles i hit the refund and bids. They credited me for the original auction, plus i won an additional 150.00 in gift cards (all received). I wont put money back in there, but i laughed that they had no idea what they had done.
KellyFly says:
January 20th, 2012 at 8:19 pm
That iS impressive. I’ve recently been in a similar situation with proflowers.com. Every time my friends and family receive a gift that I’ve sent them via the site, I ask them to take a picture and send it to me. Afterwards, I send the picture of these awful bouquets they’ve been sending out to the company themselves and I manage to get a bigger credit because proflowers knows they’ve screwed up… Again. So, hopefully, they’ll get their next 7 orders right. Because big bro is watching. And, they’re paying out of their own pocket ! Cheers:
ed says:
January 17th, 2012 at 2:53 pm
Gotta love that when it is a company scamming consumers people yell for blood, but consumers scamming a company is something to be celebrated
Come gamble on quibids says:
January 17th, 2012 at 1:55 pm
Wow, their model is so profitable (and so costly to the participants) that they can be THIS careless and just give stuff away due to an error without a second thought.
Get people coming back, just like any good casino should….
PC says:
January 15th, 2012 at 3:00 pm
WAY TO GO !!!!!!
January 12th, 2012 at 6:08 pm
A REAL time scam using the internet to take advantage of the people who expect to see a REAL auction. Prices that the items really sell for are outrageous! Hope someone can figure out how to nail them for false advertising and make them pay big time.
joanne says:
January 13th, 2012 at 11:49 am
i believe the company should be closed. their promises aren’t worth a dime. don’t you think we should have some goverment agency to stop these practices.
January 12th, 2012 at 3:03 am
I was fooled to joined quibids. I win this cross necklace for 1 penny but have to paid $8.99 for shipping. The retai value was $71. When I received the cross, I was so disappointed! Even my 9 year old daughter said this is like a piece of junk! The cross was tiny and thin, taps for the chain, It is as thin as a dental floss. I also win a $50 target gift card for$4.30 but it actually $25something the price I really spend on it. Although I was lucky to win these items, I would not suggest anyone to try it. You have more chance at winning at the casino.
January 11th, 2012 at 3:36 pm
When I won my first quibids auction I was so excited! Then I receive my item. This item was definitely not new, probably not original. Item did not come with any certification nor did it come in an original box, just a generic package. When I contacted quibids, they added an extra 20 bids to my account. I do not want an extra 20 bids. They already took me for a ride for over $100.00, why would I want to continue working with them? This company is horrible and anyone who continues bidding with them after reading my feedback is down right dumb. Quibids – your website is a great idea and you could have done great. The fact is, you do not take care of your customers and do not give them what they ordered and you deserve nothing.
January 11th, 2012 at 12:49 pm
I would have some good deals too if Quibids decides to change the time it takes the clock to reach 00:00 from 00:01 to 1 second instead of like 1.5 seconds. -OR- if they create some validation process so people won’t be able to use autobidders. -OR- if they let me participate in all the auctions, every time I go on Quibids I see about 8-30 auctions (depending on time of day) with less than 5 mins left, but once I log in it drops to about 4-12 auctions. I can’t stand this site and their shenanigans.
Yesterday I Paid about 37 bucks altogether for Bucky Balls.. BUCCCKY BALLS!!! WTH! But its okay, the auction before that I got to save 7% (WOOHOOO [sarcasm]) on a tea kettle that was posted as 80 bucks (plus another 10 in shipping). You can find the tea kettle for 65 bucks on other online retailers (with free shipping).
Trust me you’re better off going on Amazon and buying the item. Quibids is basically an online gambling site. You might get an underwater basket weaving set for cheap but in the end the house always wins. Anyways, kudos to the CEO for finding a site that’s’ a nexus of consumerism and gamblaholism.
January 10th, 2012 at 10:53 pm
This is just like cash for gold. Has anyone reported them to the Better Business Bureau? How about Consumer repors? Let’s go national with this
January 10th, 2012 at 11:54 am
my boyfriend told me about this last year…glad i never really looked into it..it just took me two seconds looking at the cheesy,marketing driven,totally contrived QuiBids homepage to know it was a scam..he never got into it either..i tried to tell him it sounded fishy but i think he got into all the hype because of the cheap Mac products(good thing he was the lazy type and never got into it..lol..)is Madoff running this from his cell?
sunny says:
January 10th, 2012 at 11:55 am
oh and it’s not complaining – it’s alerting others to the legitimacy of an online website..and i am glad this forum exists:)
January 9th, 2012 at 8:57 pm
I thank everyone for their insight. I don’t have a bunch of money. I live on $709.00. So I believe you guys have saved me a lot of money. Thanks J.H.
January 9th, 2012 at 8:37 pm
All you whiners are idiots. Quibids rocks. Sure they make a lot of money that’s called capitalism. I paid .06 and $10 shipping for a pair of $190.00 Sony noise cancelling headphones. No tax no extra fees. Boy I got stroked. Really people get a life. No warranty I only paid $10.06. It’s better that people like you do stay off the site.
Love Tom
Mimi says:
January 20th, 2012 at 11:53 am
He’s lying! Maybe is from Quibids
i know this tactics… they have paid people to post in forums good reviews to make other people believe their scam
Tom Johmnston is a shill for Quibids obviously says:
January 17th, 2012 at 2:00 pm
Wait, you are a participant and you want to promote the site so more people participate?!?!
You are either a giant moron, as the more people who participate the less likely it is for you to win one of these raffles (which is why you can count on almost every positive comment online about Quibids being from a shill of the company), or, more likely, you are a shill for Quibids.
Now for my review….
I spent over $100 and got nothing. Period.
Now I am writing this either because A)it’s true, or B) I like gambling on Quibids and am trying to scare off the competition.
Tom Johmnston is a shill for Quibids obviously says:
January 17th, 2012 at 1:53 pm
In my comment below there’s a typo as I meant to say “Casinos aren’t built by winners.”
And I just wanted to add that any positive reviews of Quibids are more than likely shill reviews from employees for the obvious reason that actual satisfied customers would do anything they can NOT to promote Quibids, because the more people who participate, the less likely they are to win.
In other words, people who want to gamble and win on Quibids are better off trashing it on message boards so they have less competition. Anyone who is say “Come gamble at Quibids” is either a shill or just an overwhelmingly stupid person.
Tom Johmnston is a shill for Quibids obviously says:
January 17th, 2012 at 1:44 pm
Yes Quibids is a scam, they only got about $100 from me though. Yep, I spent $100 on bids and it was a total loss. I tried for a laptop and PS3. I used $100 in bids in a little over an hour. Hey, casino gambling (that’s what this is) isn’t easy I guess and casino’s aren’t winners.
I spent over $100 and got nothing. Complete and utter scam. It is NOT an auction, it is a raffle (who are they kidding!?) Yes if you win a raffle, you are going to be a big fan of the site, but how about all us losers paying the bill?
RIP OFF RIP OFF RIP OFF.
AVOID AT ALL COSTS
Jaybaby!! says:
January 17th, 2012 at 12:23 am
You actually paid $13.60 because every 1cent that you bid you bought for .60cents!! 0__o
Eat Sheet says:
January 14th, 2012 at 8:39 pm
Dear Tom (aka Quibids scammer employee)
You’re lying.
Cheers.
anthony farber says:
January 14th, 2012 at 6:21 pm
dude quibids sucks
January 9th, 2012 at 3:32 pm
OK, so a lot of people apparently are blinded by the prices and can’t read the rules before agreeing to them . I just started to use the site, after reading I would be charged $60.00 + taxes to get 100 bids, it was easy to read right before I completed the transaction and also in the terms and conditions.
It is in my opinion gambling, and I agree to it, the fact that they make $650.00 or more on an ipad is fine with me, because they still have to pay the workers involved and if you win a $250.00 gift card for $3.46 the money has to be made somewhere.
As far as the not being in stock, that is wrong, they shouldn’t be allowed to auction what they don’t have, vouchers or whatever, it’s the only Scam part of the site, totally wrong and perhaps even illegal.
We all know the saying,If it’s too good to be true….., I’m not saying the site is great, but most of the complaints are about the cost, which was clearly stated. Oh and for all those who I just made angry, no I am not related or affiliated with quiBids, I just hate everyone complaining because they didn’t take the time to read it through before joining.
pg says:
January 18th, 2012 at 3:03 am
George you rock that is exactly it! luck and yes they make a ton of money $ 9,360.00 for an Ipad is right. Oh and another thing they have 2000 gift cards for sale day and night but only one or two Ipads per day and none at night to keep bidding wars going and the idiots bidding and losing their money.
George says:
January 12th, 2012 at 12:19 pm
You say they make $650.00 or more on an Ipad. Oh yeah. Last evening one went for $156.00. Work it out- that’s $9,360.00 They break even if it goes for around $8.00 … 800 bids x 60 cents $480.00. One GAMBLER saved a few bucks-maybe- the rest lost a bundle.
As for their customer service, it does not exist. Takes 5 days to get
an answer to an email. 20 minutes waiting on the phone and maybe at some point a reply from someone who never really answers the question.
I ( won?) an Ipad first time in- my cost: $261.47 total. I was totally lucky – I realized I could have lost more. I quit. Anyone who puts money in this is an idiot. I was. Not anymore. Next time I’ll try ebay.
January 8th, 2012 at 8:01 pm
I tried to sign up for this site filled with fools gold, but was refused. The site automatically takes $60 to sign up but my cc only had $55, so in this case their greediness worked in my favor. And I still would have tried to sign up at a later date if I hadn’t read these reviews. Thanks for the reviews.
January 8th, 2012 at 4:33 pm
Quibids should be Shut Down,, if your thinking about spending the 60 bucks, go to the casino and put it on red… better odds. or just mail them a check as a gift,,, or even better send me the money.. haha.. wish i was getting the money on the other end of quibids,, that guy will be in the top richest people on the planet very soon.
pg says:
January 18th, 2012 at 3:07 am
For sure he will.
Where do i post the check ???
January 7th, 2012 at 10:41 pm
Wow, first up I have to say this is probably one of the most brilliant money-making schemes I’ve ever heard of! The guys behind it are certifiable geniuses (albeit blood-sucking scumbags of the worst kind!).
First they switch of your logic circuit with the promise of scoring a ridiculous deal, and then require you to pay $60 UP FRONT to be used for “bidding”. If you get cold feet and want a refund – forget it. Next they charge you a whopping 60c for each bid which raises the auction by a minuscule 0.09c requiring 111 bids to increase just $1! (Thanks to “Gambling” above for the math). What that means is for each dollar the auction advances Quibids pockets $66.60!! Quibids only need an auction to hit $10 to bank $666. As auctioneer Quibids decides who wins and who loses and as an unauthorised seller all items purchased from Quibids will not come with a manufacturers warranty – if they break too bad.
But that’s assuming you even get your item in the first place. As there’s no third party keeping an eye on things they regularly auction items even while telling previous winners that they aren’t in stock and offering them lower grade products or a refund of the final auction price.
Quibids would rather you took the refund as this is where the true brilliance of their business model kicks in:
If you take the refund they STILL get to pocket the thousands of 60c bid charges which combined equal far more than the value of the item! For example, imagine you placed 100 bids (costing you $60) on an auction for an TV.
The auction closed at $10, they tell you they’re out of stock and you accept the offer of the $10 refund, leaving you still $50 out of pocket. On top of that, Quibids keeps the $606 worth of bids made by Quibids on behalf of all the other losers in your auction, amassing a grand total of $656 for an item they don’t even have to send you!
It’s a plan so maniacally clever you’d think Dr Evil himself had come up with it!
January 7th, 2012 at 7:05 pm
Quibids is not a place to get a good deal, it’s just like a Casino. There are real prizes, but you loose more than you gain. It is true that you can save money off retail, but they didn’t tell you what you have to do BEFORE that.
First, you need to pay $75 in order to get onto the site. Second, you need to get pre-paid credits in order to bid. Third, every time a person bids in the last twenty seconds, the clock resets back to twenty seconds.
If you don’t win, you can use the money you bid to get a “discount” off the product, but it isn’t a discount if your using your own money. The prizes are real, or else the company would have been shut down by now, but it is not something anyone should ever do.
Harvey says:
January 7th, 2012 at 7:08 pm
And there isn’t even a guarantee that the product will be in stock. Someone should sue whoever runs Quibids
Alex says:
January 7th, 2012 at 7:13 pm
Quibids isn’t a place to get a good deal, it’s a Casino. You loose more than you gain. It is true you can save money off retail, but they never tell you what you have to do BEFORE that.
1.) You need to pay $75 in order to get onto the site.
2.) You need to buy pre-paid credits in order to bid.
3.) Every time someone bids in the last twenty seconds, the clock resets back to twenty seconds
4.) If you don’t win, you can use the credits you bid to get a “discount” off the product you bid on, but it isn’t a discount if your using your own money
5.) If you do win, there isn’t any guarantee that the product will get to your house.
It’s an obvious rip, but many people have fallen for it. Your better off going on Kijiji, where it’s free, local, private, and you don’t lose money for pressing a button.
January 7th, 2012 at 4:07 pm
I saw this site on tv thought id check the reviews of it y’all helped me save money thank u i knew there was something really fishy about this site thanks to everyone i saved my self alot of bs thanks again
January 7th, 2012 at 9:09 am
To put this into perspective for people I went to the site that keeps track of finished auctions (quibiddata, if you are wondering) and I looked at Apple MacBook Pro 17″ 2.2GHz 750GB 4GB. Coincidentally it was the first item I looked at and it seems to be the most expensive item I can found. They have only sold one of these models and it went $466.94.
Each bid raises the price by $0.009 or nearly 1 cent. So for every dollar increase during an auction there is around 111 bids.
The amount of bids during the auction was 51,830 (111 x auction price) 51,830 bids x .60cents = $31,100. Thats how much money approximately Quibids took from that auction. It would be interesting to know how many people did the buy it now option because they would be making a killing there too. Crazy!
To me, this is just gambling. Just like in a casino there are people who have had a few lucky wins and have therefore convinced themselves that they have worked out the system and are going to be winners all day every day. But unless you are cheating, the mathematical edge and the randomness of this site will get the best of you over the long term.
I find it funny how they specifically say its not a gambling site in their FAQ. Haha!
January 6th, 2012 at 5:59 pm
Just have to throw in another opinion, same as everyone else’s. All these Bid places are a scam. Do the math. In the end, even if you win the auction, after you purchase the bids, you end up basically paying the same for retail anyway.
We need more voices! SHUT THEM DOWN!
January 6th, 2012 at 12:41 pm
I would strongly encourage anyone thinking of joining quibids to NOT get involved. It really is a scam in my opinion and you are far better off dealing with sites such as e-bay.
January 5th, 2012 at 11:55 pm
I saw an ad for dealfun.com and then was browsing around at all these fraudulent websites of the type, namely Quibids, and being more web and tech experienced and having been scammed before I sniffed out fraud from the moment I saw these sites. I typed into google (any of these fraud bid websites) + scam and this site I’m talking to you on comes up repeatedly. I was heartbroken to see all of these people who had been scammed just not knowing any better. I would just like to say out there to all that have been scammed is that it happens to everyone at some point or another and the best thing to do is learn from it and sites like this are a great way to vent and get the word out so bravo to this site. But bottom line at the end of the day I don’t feel bad because I lost a couple bucks (well, slightly more lol) whereas the people running these dreadful scams have lost anything remotely tied to them being a good person and an honest person who people place their trust in. Just my 2 cents and maybe that will make someone feel better cuz when I think about it like that it helps me to get over what I was scammed out of. Thanks and sorry for venting haha
January 5th, 2012 at 10:20 pm
I won a pair of Oakley’s for .01 cent. The site said item would ship within a couple days. I received and email over a week later saying the order was being processed. Then I received a second email stating the item was out of stock and could not ship. I was given the option of a voucher refund for bids in the amount of the retail price of the glasses or I can pick from a list of items that are complete junk. There were several auctions after mine for the same item. The “customer service rep” tried his best to convince me that this was good business practice. This site may not be a complete scam, however I did get scammed.
January 5th, 2012 at 6:52 pm
I am very thankful to all of you that took the time to explain the process and the experiences you had. After reading this, there is no way I will sign up for this site.
I understand now that they take in tons of bids from people ensuring that they make a HUGE profit on the product and perhaps one lucky person MAY win. There have been too many reports of out of stock items, which means…even if you win you may not get it.
When it’s too good to be true…then it’s too good to be true.
January 5th, 2012 at 11:56 am
worked perfect for me….just bc you can’t figure it out or know how to read the rules doesn’t mean it’s a scam. If you really got scammed out of a product your CC company will give you your money back due to lack of services provided. My guess is that you can’t do that bc it’s not a scam and the CC company knows this.
dave says:
January 15th, 2012 at 2:58 pm
even in the TV ad the dude that claims to have got an iPad at ~$20 is a “paid actor” (even says it in the fine print)
quibids might not be illegal but it is certainly un-ethical and preys on the weak. so glad I don’t work there or use the site.
Ttwo says:
January 5th, 2012 at 9:12 pm
You’ll get employee of the year from them.
Lost cause... says:
January 5th, 2012 at 7:15 pm
Legalese is not always correct and advertising does tease… read 2 individuals below… It shouldn’t be legal jargon that people have to interpret and not everyone has a master’s degree in BSology…. It may or may not be a scam but it does make it clear above and in pure English that THERE IS NO THIRD PARTY/GOV’T AGENCY MONITORING THIS “PRODUCT”….
January 4th, 2012 at 8:08 pm
First of all their advertisement is not what you see in there. And, I am programmer and I could wrote a software to monitor those who are bidding to finally beat them all when all get finally tired of bidding and win easily, but I didn’t like the idea of wasting other’s time and money to profit, unlike what Quibids is doing.
I hate these kind of people who earn money by sucking other’s blood.
Lost cause... says:
January 5th, 2012 at 7:11 pm
I must agree… this is just another way for a programmer/s to make some quick cash for not really giving any product… once again… if it’s too good to be true… it probably is. Better to go by a federally governed lottery ticket….
January 4th, 2012 at 2:32 pm
I don’t understand how people who can’t be bothered to read the terms a company offers and then aimlessly spend money to win something. Once they don’t get what they want they cry out ” SCAM”.
This is a retail company that offers products with a chance to get a better price . If you can’t be bothered to understand how they operate don’t get involved.
tommy says:
January 6th, 2012 at 10:40 pm
i bid on an ipad till i finally got tired and just hit the buy now button. i thought since i could not find one local i would try to get one a little cheaper here. like i said i got tired bidding so i bought it. come to find out they dont have any either, and still selling them on their site. if they dont have them, they should not be allowed to sell them. i wonder how many other products they are selling and dont have access to.
nick says:
January 6th, 2012 at 12:32 pm
That’s why he justified his argument by stating that “it is misleading” to consumers. It is misleading to consumers to say that you can win the bid at a low price when the price is actually sixty percent higher.
Lost cause... says:
January 5th, 2012 at 7:08 pm
I think that the article above is not saying its a scam… just more of a buyer beware… There was a company in the early 1900′s that advertised an item that you could put on any wall, take with you to hold any clothing, and could be used for multiple purposes other than that…
The individual sent their $1 away and received a $0.02 nail a week later. There were no lies involved but it did not state what the item was. I think the public has a right to know that there is no 3rd party monitoring that gets buried in legalese, thereby making it easy for the company to cover its tracks if it does happen to be illegitimate…
January 4th, 2012 at 11:12 am
The $60 dollar thing has happened to everyone in here so I’m not gonna go on with it. BUT, once I deleted my account the pending $60 went away the next day! So I called my bank and asked if they saw it hidden anywhere and they said no so I figured I dodged a bullet. Well then it showed up again the next day and I called them and they said ‘ well it says here that you are eligible for a refund; would you like to do so? I said yes and they said ‘ it will be refunded with 1 to 2 days ‘. Has anyone experienced this scenario before? FYI I ONLY SIGNED UP TO INVESTIGATE the website ( it was Sunday Football and I saw the commercial 5 times! ). If someone bids on a tv worth $500 and it sells for an advertised price of $35.00 then that’s equals to 3500 bids at .60 cents a bid. People…..that tv just sold for $2100…
Katie says:
January 7th, 2012 at 10:33 pm
I called the customer service number (which is not on the site at all)and they told me the exact same thing! My problem was that i had the mistake of having my checking card information on autofill on my google chrome browser. I guess my mouse must have clicked one of their ads and brought up a quibids page in the background of my computer. My browser decided to autofill all of my information into the sign up portion of the website. I later on closed out the other pages i was using to find a quibids page saying “thank you for your transaction” saying i had just purchased 60 dollars worth of bids. I immediately look on my checking account online and saw the pending transaction. I called the bank and they said i had to go through quibids customer service. Thats when i was told the same thing you were told. That i would get my refund by 2 business days…which i still havent. So tonight i called my bank and put a claim on my money. Screw them. I’m getting my money back!
January 4th, 2012 at 1:38 am
When I saw their commercial in Canada, I knew it was a shady business and too good to be true. I never joined, but I was curious to find out how many complaints are filed against them. I am not surprised that so many people are mad and after reading many of the comments in here, I can say they are scam artists. The bidding part in itself is not the scam. There will be a winner, but a ton of losers. That’s what you call gambling!
Actually, it is after the auctions ended that the scams occurred.
Many people who won the big ticket items received emails a few weeks later stating that they are out of stock or having problem with the distributers.
They offer a list of inferior items for the winners to choose from and they also offer the option of a full refund.
If you accept an item from the list, you will receive a lesser good, they keep your money and make an extra profit. THAT’S A SCAM to me.
The only option left it’s to accept a refund, which is nice of them, BUT this is when the REAL BIG SCAMS are occurring. They give back the money to the winner of the auction, but they keep the money of all the losing bidders. They never sent anything to the winner, the auction is basically cancelled and they only refund the winners. WOW! That’s a scam and it should be reported.
Lost cause... says:
January 5th, 2012 at 7:19 pm
This has to be the best comment I’ve read…
January 3rd, 2012 at 7:52 pm
I’d like to thank all the people who took the time to explain what these penny auction sites are all about – I just heard about Quibids and was ready to jump in when I decided to do what I always do, see what others had to say about it. You saved me from losing money and that makes you life savers in my book. Thanks again!
Yevette says:
January 9th, 2012 at 11:51 am
I agree with Thankful, I saw the ad and the video from their website, and had thought about signing up. Read the reviews (Positive and negative) When the negative outweigh the positive, I can’t help being apprehensive. Thank you for saving me and probably others from making a HUGE mistake.
January 3rd, 2012 at 7:48 pm
I’m not claiming scam on the process I know it’s gambling. I won an iPod and never received it after numerous calls and emails I was told it was out of stock. However, they still had auctions for iPods on the site. How do you auction something thats out of stock??? Plus, iPods are not rare items they could easily restock them or find a supplier that has them. This site is SCAM!!!!!
BOSS says:
January 10th, 2012 at 4:03 am
I was about to join quibids.com but after reading all the reviews above, i want to thank averyone for posting the way you were scammed.
Is there a way to report this web site?
chemri says:
January 5th, 2012 at 6:16 pm
hi Jeff;
you explained this Scam like nobody could,Man what you said makes perfect sense,It reminds me of …..if it walks like a duck ans so on.
Peace to you Canadian Bro…………..
Parker says:
January 4th, 2012 at 3:14 pm
Same thing happened to me, only with the ipad2! Luckily I used my AMEX and they are refunding all my money and going after quibids! NEVER use Quibids, 100% SCAM!!!!
January 3rd, 2012 at 4:53 pm
This place is a unfair place that makes you pay to bid. Also, you can’t tell someone they one a ipod2 and then say were all out of stock. How do these people live with themselves!!!!
RRRRRRRRRRRRRRRRRR!!!!!!!!!!
January 3rd, 2012 at 3:17 pm
Saw the ad, thought to myself, “there has to be something funny going on for all these prices to be true”, googled it, and behold! Scam reviews everywhere!! It goes to show you that if you think that it’s too good to be true, you are right 99% of the time, and the other 1% is handled by a couple of seconds of research. Don’t be a sucker. If you fall for this, send me your email address, I have some money that I need to get out of Nigeria…
January 3rd, 2012 at 2:02 pm
january 02,201I2 at 10:29 am. I saw Quibids and thought it sounded good,I”am a 60-year old person and I didn”t fully understand the set up and rules that applied. and I gave them my card number and they Immediately charged me $60.00 from my account. and I made a mistake and try to cancel and get a refund back. but there was no phone number there to get back intouch with anyone at all. I did not expect this and now I can”t get a refund. so one word of advice_please don’t give them asset to your card number please and under any circumstances do you will be very sorry that you did this.
Ashley says:
January 4th, 2012 at 9:53 pm
that is so sad…..
kk says:
January 4th, 2012 at 8:30 pm
Try to contact your credit card company. The can and in these cases probably will reverse the payment.
If you google reverse payment on credit card you will find some info about it.
Always worth a try! Hope you’ll get your money back!
January 3rd, 2012 at 10:49 am
Quibids is in fact a gambling site. They scam people in believing it is not so. Government should step in and shut them down till they get proper gambling license if allowed.
It doesn’t matter that they have warnings and help on how to bid and what it costs. The problem is they mislead users in believing they can register for free and get item for dirt cheap. I never heard of a true auction where you have to pay for each bid. It is like going to a casino buying tokens so you can play a slot machine. Quibids allows many people to lose money so one person, winner can get lucky, which by definition is gambling. Quibids controls your money, our bids and your luck. If they choose it to be your day you will win. Once you get hooked by winning cheap items, they will lure you in to take action on an iPad where winning is close to impossible.
Do not believe people who give positive comments, either they are employees or the lucky ones. Just remember there is sucker born every minute and for every won action there has to be lots more suckers than winners. Just my 2 cents, Thank You.
January 3rd, 2012 at 5:41 am
Thanks for all the Quibids bashing,I almost looked for my wallet.It pays to review things like this online,can save a lot of grief.Looks way to good to be true.
January 3rd, 2012 at 2:30 am
THIS IS A SCAM!!
I tried this site after seeing the ads.
they charge you 60 cents a bid and you bid in 1 cent intervals,
so yes i gives the illusion of cheap prices but they are selling $132
cameras for the equivilant of $500 by the time you price in the bids.
yes you could get lucky and place a single bid and “win” but the chances are slim to say the least.
They go on to tell you that if you dont win the auction you can use the money you have spent on bids on the item to buy the item for full RRP. This is again a scam, a quick google search of there electrical goods prices show there prices are inflated in comparison to actual retailers.
PLEASE BE WARNED YOU ARE FAR BETTER TAKING YOUR MONEY AND GETTING A GOOD DEAL IN THE SHOPS!
agroatkins says:
January 3rd, 2012 at 2:33 am
oh yeah and i forgot to mention that the site can glitch preventing you to bid in the dying seconds.
January 2nd, 2012 at 10:26 pm
Don’t use this site they are the only ones making money
gamefiser61 says:
January 3rd, 2012 at 3:11 am
Yes your right, you see every time you bid and don’t win that auction you lose that cash you just bid with, it will always be a win win for them(Quibids)
January 2nd, 2012 at 10:21 pm
I saw quibids and thought it sounded good i am 73 yrs old and didn’t fully understand the set up i gave them my card number and they immediately removed $ 92 from my account …i did not expect this and now i cant get a refund ONE WORD OF ADVICE ….DON’T GIVE UR CARD NUMBER UNDER ANY CIRCUMSTANCE ..
kk says:
January 4th, 2012 at 8:35 pm
Try reverse payment on credit card, contact your credit card issuer. Good luck!
January 2nd, 2012 at 4:35 pm
I cant knock them for the legitimacy. They tell you from the beginning how it works. YES, you could spend $100 dollars on bidding alone, and never get anything. Its gambling for products almost. You HAVE to be lucky at the right moment.
I will claim scam, although there is no way to prove it. 2 auctions that I won, valued $500 total, would have put me ahead. However, both times, they were out of stock!?!?!? HOW DO YOU OFFER an auction when the items are out of stock?? Not to mention… I wonder if any auctions i lost in, were out of stock? Losing money in bids, bidding on something they are out of? I would never know. Only the winner of the auction would know and get some type of reimbursement.
Use at your own risk!
Kevin says:
January 5th, 2012 at 10:47 pm
The same thing happens everyday. I won a $160.00 item for 1 cent. SO I went for a $300.00 item which I was going to buy anyways. I ended up paying retail which I am fine with. If I had known I would never get the fist item I “won” then I would not have attempted to buy the other item from them. I could have saved money at a local store. If they were a legitimate retailer there would be no problem restocking items and filling orders. What ever their intentions people are being scammed.
ben bowers says:
January 2nd, 2012 at 9:52 pm
stay away from quibids it is a scam.you will lose more than you gain
Vito Z. says:
January 2nd, 2012 at 5:53 pm
Strike 1: $60 fee not mentioned while registration is definitely not an honest approach to good business (nicest way i can say illegal)
Strike2: A legitimate auction house ends it’s auction at the end of the time period, it does not restart the clock near the end, (quibids does this to discourage bidders who just start bidding at the end of the time period, nice try boys and girls,) “Stealing from a crook is quite a challenge “Al Capone….
Strike 3: Crashing (timing out your winning bid) as about to win and still charging you, what a kick in the ooh ooh (family jewels)
Too many strikes to mention but the comments of the poor beings that have been taken of their hard earned money that quibids plants bots and employees to overbid the action, hummm why should they, remember the bids are at one penny increments,eg; on a 46″tv that sells for $700 and got won at even as low as $150 at 60 cents a penny (cost of each bid) times 15,000 bids (15,000 pennies is $150.), 15,000 X .60 = ouch that’s 9 large ($9,000), Capone is rolling in his grave, even his contraband beer or whiskey was at a lesser profit!!!!!!!!!, If i had no morals or conscience I’d buy shares in this cash cow………
In summary; This is no auction house, Auction house has 3 parties, the house + seller + the buyer, here the house is also the seller, Auction houses online or physical never charge per bid (this joint is rigged from the get go)
January 2nd, 2012 at 3:55 pm
Waiting for my Ipad to be delivered from an auction 4 weeks ago…. They take your money and don’t deliver…. Customer support is rude and no one to call and speak with.
January 2nd, 2012 at 2:23 pm
To me, an auction means you bid and when the time runs out highest bidder wins..Not true with this website. You prepay for nothing.
January 1st, 2012 at 10:12 pm
Do you know how ridiculous this is? YOUR CRAPPING ON ABOUT $60!!! That’s $60!!! Would you rather go pay $1400?!? I’m so outraged of how you find this. And there products are new!!! This is how they make their money, which i find smart, and it’s great!!! You can get the products cheaper than DVD Series!!! I’m loving Quibids!!! It’s fun, fast and best of all, fair!
Killer Clown says:
January 13th, 2012 at 11:12 am
How can you explain all of the items “Out of Stock”? They offer vouchers as repayment….costing far less than the item won.
It is simple. If they aren’t making a killing or close to retail on an item, it will be “out of stock”. They give you vouchers or crappy items to choose from. So, they make money no matter what.
And to top it off, lets make it confusing for the older folk. I call Shenanigans!
Layla says:
January 4th, 2012 at 10:20 pm
Crapping on $60??? Really? Well, if you’re so damn rich why are you bidding on there in the first place. $60 is alot of money to most people and Qbids is a TOTAL scam!! They prey on people…period. Unfortunately I had to learn the hard way! UGH!!!!!
jeff says:
January 3rd, 2012 at 7:54 pm
Quibids has lots of fake good reviews online. It’s all part of the scam.
Gary says:
January 2nd, 2012 at 6:23 pm
Quibids LOVES people like you. You don’t get it, do you? GRW
January 1st, 2012 at 9:33 pm
After reading the reviews and complaints of the people on this site, I decided not to give Quibids my credit card number. Although I do not morally agree with the people behind Quibids, it is without a doubt an amazing business strategy.
January 1st, 2012 at 7:27 pm
I have spent a lot of money with quibids.com and have got some really good deals. I was very impressed at first. I won some auctions and the ones I did not win I used the Buy it now so I was way ahead. Then I started biding on the big ticket items an Ipad 2 had to buy it now a playstation total with bids 67.42 a xbox 169.78 a mac computer retails for 4200 for 212.15 with bid on this I spent just over 600.00 but then weeks go by and no items arrive I call in and they tell me over and over on each item that they had a problem with there supplier and was looking for a new one. After over a month later they are still looking and now I am demanding a refund of bids plus the buy it now price. Now they have to put in a request to there so called shipping department to make sure the item that they do not have a supplier for has not shipped the item. 1 week after this they say they are refunding my money including my bids. 2 weeks and 3 days later the all the money is back in my account. Meanwhile everyone that had bid on theses items that they did not even have are out of there money at least I got my money back but all the others were screwed from the first bid they put in on these items. Scam Scam Scam!!
January 1st, 2012 at 4:42 pm
I wish had read reviews before I signed up. This is the worst way of bidding I have ever seen and customers LOOSE money. You have to pay .25 a bid, so if you bid 20 times, you have spent $5.00. And most likely you will bid between 20 – 70 times on an item before you get so frustrated you quit. EVERY BID COSTS YOU MONEY!!!!!! And there are hundreds of other people out there bidding too.
So, if you bid If you mathematically figure out the money you spend bidding with shipping, even IF, again IF, you win, you still don’t come out ahead. They say people win at .27 cents, etc, I have watched and watched and have never seen it yet.
STAY AWAY FROM THIS PLACE!!!
January 1st, 2012 at 4:41 pm
Stay away from this place! It is a rip off! You pay to bid and must spend around $20 – $50 on an item with the likelyhood you will not win the bid!!!
January 1st, 2012 at 4:40 pm
I wish had read reviews before I signed up. This is the worst way of bidding I have ever seen and customers LOOSE money. You have to pay .25 a bid, so if you bid 20 times, you have spent $5.00. And most likely you will bid between 20 – 70 times on an item before you get so frustrated you quit. EVERY BID COSTS YOU MONEY!!!!!! And there are hundreds of other people out there bidding too.
So, if you bid If you mathematically figure out the money you spend bidding with shipping, even IF, again IF, you win, you still don’t come out ahead. They say people win at .27 cents, etc, I have watched and watched and have never seen it yet.
STAY AWAY FROM THIS PLACE!!!
January 1st, 2012 at 1:39 pm
I’ve never known how a penny system works and I wish I could tell those that watch the commercial that its a complete lie.
January 1st, 2012 at 12:29 pm
I don’t understand how you people missed the fact that you had to buy your bids at .60 cents each. I mean, if you don’t understand how the site works why would you give them your credit card number?? How gullible are you people? Read before you act. I KNOW it explains everything such as you must purchase your first 100 bids for $60.00 How can you not see that??
Having said that, I avoid these sites like the plague. Even if I could get an Ipad for $50 I know it is going to be more than that depending on how many bids I enter and it’s possible that I could spend all my bids and not win anything. That would cost me $60 for nothing. I’m just not that stupid.
Layla says:
January 4th, 2012 at 10:27 pm
Well, let me tell you something. NO, it’s NOT clearly stated that you have to buy 100 bids for $60.00…I was under the impression you could buy smaller amounts of bids. This type of crap shouldn’t be allowed to happen but I guess this is the good ole US of A and they take advantage of the little guy. GOD FORBID that you might miss some itty bitty tiny print and get involved in this ridiculous SCAM anyway!! It’s awful and just proof that most Americans are corrupt and willing to screw anyone out of their money!!
rowzmerri says:
January 3rd, 2012 at 1:34 pm
How refreshing, as well as well stated. Thank you.
January 1st, 2012 at 6:59 am
Well, my experience wasn’t so bad. When or if you want to complete your registration you have to pay $60 for 100 bids. It’s how penny auctions have always worked, pay for your bids. I have won a couple things and lost a couple things. I have never experienced the “we don’t have that item you just won”, but I have received two Samsung tablets, computer monitor, other stuff and various gift cards for a fraction of the cost. And yes, it can take 2-6 weeks to receive your item. People need to relax, it’s not a ‘scam’, it’s penny auction. There are other auction sites that you don’t need to pay as much at the start.
Rob says:
January 3rd, 2012 at 8:06 pm
Your not ONE of the people they did not receive an item. Hey DC, google “quibids out of stock or not receiving item” This place is a joke after the run around why you didn’t receive the item they try to offer you a product of equal value. Which is all crap not worth anything costume jewelry, cheap watches, purses,…..with absurd unbelievable retail value. Nice try DC (quibids employee)wink wink.
rowzmerri says:
January 3rd, 2012 at 1:42 pm
Well it’s not a scam per say. It’s all stated. It’s not fair if your looking for fair. So if your looking to beat the house blatant slant to their favor, then I guess penny auctions are for you. In the long run the bidder will be the loser. So maybe you best git before your gotten but your eyes seem wide open. I’m sure most aren’t.
December 31st, 2011 at 3:15 pm
sounds more like a card game. everyone buys in, plays their bids over one or many tables and if you do it right you might win the pot!
December 31st, 2011 at 1:57 pm
Just to be clear – I am not supporting Quibids. The old adage “If it is too good to be true …” is in full effect here.
I do however want to point out that a person who won the Ipad for 22.54 more than likely did not pay the 1300. It would have been spread between two or more bidders. So technically you can save some money but why when you have ebay.
It does show how much money Quibids makes on each auction. Not a bad return on investment.
December 31st, 2011 at 1:28 pm
Quibids is a legit scam. I spent 25 bids trying to win a 25 bids voucher. I did win $35 in gift cards for a low price of 17 cents plus the 3.20 in bids. So it was a steal. I have a feeling they have hired bidders on their website. There profit is 5% which is 1.5% higher than walmart. Also watch when you sign up, they charge you $60 in bids to start off the account which was an unpleasant surprise.
Long story short, You need to be willing to gamble and invest to win “big” on quibids. Not worth the time or stress.
Thanks,
Ray
December 30th, 2011 at 9:34 pm
Wow! This is the best “live chat” I’ve ever had!
Rachel Says: Before you go, I would like to offer you 3 FREE BONUS BIDS when you purchase a Bid Pack today! CLICK HERE to take advantage of this limited time offer.
Rachel Says: After you purchase your bids, all you need to do is pick an auction that features an item you’d like to have and start bidding!
You: i don’t understand
Rachel Says: I apologize for any confusion. Please explain what you don’t understand so I may further assist you.
You: is your hair orange?
Rachel Says: Keep in mind that when you register today I have been authorized to give you 3 FREE BIDS! CLICK HERE to take advantage of this amazing offer.
You: where is the elevator?
Rachel Says: Our goal is to make sure that you are happy with the item you won. If you decide that you no longer want the item within 21 days of delivery, we will gladly provide you with a refund of the final auction price of the won item as well as the original shipping costs.
You: How many people work with you?
Rachel Says: It’s simple! To begin, you must first buy bids. Bids cost just $0.60, and are purchased in the form of Bid Packs. Next you’ll need to pick the item you’re interested in and start bidding!
Rachel Says: Keep in mind that when you purchase a Bid Pack today I have been authorized to give you 3 FREE BONUS BIDS! CLICK HERE to get started.
December 30th, 2011 at 5:24 am
Thankyou everyone for all your comments. I signed up but didn’t give them my credit card details as I realised they were about to chrage me over $70(without any warning might I add!!). I Decided to do some extra research and I stubbled across this site. Thanks to all of you i’ve deactivated my account before wasting any money.
December 30th, 2011 at 1:29 am
Same goes for me, i went to sign up and bam! they charge me without my knowing.. though i did win 35$ in gift cards.. i well be waiting for in the mail.. do not use this site not worth hit
December 28th, 2011 at 8:55 pm
Wow! you have to shake your head at some of these reviews. So, let me get this straight, everyone here is shocked and appalled that Quibids isn’t actually selling HDTVs to everybody for 30 bucks? False Advertising!!! Do you have the same reaction when you open a can of Coors and supermodel-quality women aren’t hanging all over you? Look, its a tactic to draw attention to a site that sells retail items. That’s all! They price the items a bit higher than places like Amazon, but they add a twist, you have the chance of getting this item ridiculously cheap, if you’re lucky.
Those who are losing money left and right are playing this site all wrong. ONLY BID ON ITEMS IN WHICH YOU WOULD PAY FULL PRICE ANYWAY!! Do you need a new TV? Were you going to buy one retail? If so, then take your shot at Quibids, you may save a few bucks. Worse case scenario, you’ll end up buying it at the retail price and having to pay 20 bucks for shipping. Maybe a little more expensive, but it was fun and worth a shot. However, if you’re just out to see if you can snag an expensive piece of equipment for virtually nothing, then you’re probably in for a sad day. Those that say Quibids is making exponential profits because of a scam are completely clueless.
The numbers from the original review of selling a $499 Ipad for $1300+ by way of 2,254 bids are inaccurate. This does not take into account the number of buyers in the auction that went ahead and purchased the Ipad after they had expended the full price of the Ipad in the bidding. So they may have made $1300+, but they may have sold 2 or 3 Ipads in that one transaction. Yes they are profiting, but not in the way the numbers suggest and the last time I checked, it was a business, not a soup kitchen.
How many of these reviewers won their introductory auctions and turned around and tried to get a macbook only to have their 60 bucks worth of bids used up with no intention of shelling out the 1200-1500 extra dollars it would take to buy it outright? “I can’t get a macbook for $60?!! SCAM!!!!”
Ad says:
January 2nd, 2012 at 5:15 am
How can it be an auction if u have to buy bids (like buying betting chips) and if u lose in a real auction u don’t lose what u bid, but on quibids u do, just like gambling. So it’s not really an auction site, it’s a gambling site!!
Dave (2) says:
January 2nd, 2012 at 2:22 am
Clarification: That first “Dave” post and the second “Dave” post are unrelated
Dave says:
January 2nd, 2012 at 2:21 am
I find it interesting that everyone who posts sensible information is accused of working for Quibids. If you don’t believe him, here is somebody you can trust:
http://www.bbb.org/oklahoma-city/business-reviews/penny-auctions/quibids-in-oklahoma-city-ok-90016706
Here is a quote:
“Of the complaints processed by the BBB since opening its file on QuiBids, nearly all of the disputes result from misunderstandings concerning the site’s “bid to buy” policies that could have been avoided if the bidders had read and understood the auction site’s design and policies. The BBB urges consumers to read and understand all of the site’s policies before becoming involved with an auction or purchasing bids. Consumers should also understand that the times reported by the site during the auction and real time may not match, especially at the close of an auction; this is not a deceptive action on the part of the site, but rather a function of computer software that may create apparent delays in processing information across the internet. Such delays may be caused by anything from the company’s servers to the consumer’s own online connection and computer’s abilities and do not necessarily mean that the company is cheating the public.”
Dave says:
January 1st, 2012 at 12:48 pm
Yes I would wager that he does indeed, old saying….a fool and his money are soon parted!
D
Adam says:
January 1st, 2012 at 12:08 pm
Clint has to be an employee. Reading his comment and reading this sites review tells you they are a scam. If Im paying retail, Im going to a retail store. The store may even give you a discount from haggling (some stores do). But either way you can get it that day and if there is a problem you can take it back to the store if you have problems. People are going to Quibids to find that cheap item, when in fact they are paying full price or more. So ya in my opinion yes quibids is a scam and use at your own risk.
Paul says:
January 1st, 2012 at 11:33 am
Unfortunately, in my case, I won a small item on quibids on 11/17/11. About 3 weeks later. They email stating they didn’t have the item and offered me the option to select a replacement from a list of about 6 other items. I selected a replacement….and 3 weeks later have not received it.
The scam for me is that they don’t follow through on supplying the items. I cut my losses and immediately left the site. It was my first and last foray into the world of penny auctions…lesson learned, quibids is a scam in my experience!
Paul.
david says:
December 31st, 2011 at 10:19 am
I think your onto something Willy, the only people I ever see defend a company so thoroughly at scam review sites are company people who monitor these types of sites and put a positive spin on the bad pr, damage control if you will.
willy? says:
December 30th, 2011 at 5:14 am
clint, you work for qbids?
December 28th, 2011 at 2:57 pm
The concept is great for Quibids. They buy a item at wholesale and have multiple people bidding on it at .60 a bid they are killing it. The consumer is not protected. I tried it and won a 3Tb hard drive just before Christmas.2 weeks later no item. I contacted them and asked where it was. They said they sold a item that they didn’t have. I stated they needed to get the item and make it right but they didn’t. They stated I could pick from a few other items they have or get my money back. Any one that knows about these auctions knows this is BS. It is complete luck winning these auctions then telling me they will give my money back is like winning black jack and running out of chips then offering my bet back. Don’t use Quibids
John says:
January 1st, 2012 at 4:47 pm
Call the the Better Business Bureau. I have and have notified the FBI Scam Division.
david says:
December 31st, 2011 at 10:21 am
wow this sounds like and FTC type of complaint
December 28th, 2011 at 12:00 am
They are scam, During the registration it asks your credit card number, like other bidding sites, without any mention of any purchase, or warning for payment, then on registration confirmation it shows your credit card is charged $60. plus tax =total $67.80 They charged my credit card without my approval. I tried to call them, no answer, then the chat, again nobody to chat to, I deactivated the account in hope the money comes back immediately like they did the charge but no money came back to card. the credit company said they have charged but didn’t refund. it is possible to dispute the charge but this web-site is head-ache and scam.
December 26th, 2011 at 8:46 pm
They are a scam. They present the site as something that is a way to get great merchandise for next to nothing. Then, in the hidden corners of the website, they have little phrases drowned in a sea of words that most likely you’re not going to win squat. So, what they emphasize and promote is totally different from what they practice. Whatever you do, don’t go into the website thinking you can win anything at a low price, no matter what they display. In fact, if you don’t want to get taken, then just don’t go to their site! You’ll be better off. The customer support is as awful as the site itself because they are arrogant and thumb their nose at anyone who complains. They won’t refund the money either because it would ruin their business model (they say) or in other words, without the scam, they couldn’t get rich! Worthless companies like this need to be shut down!
December 26th, 2011 at 6:25 pm
I’m really sorry to hear how everyone has been treated at this website. I had considered trying “quibids” I am a single parent, who needs to stretch every dollar, I am glad to know your opinions can be posted about this fraudulent site & whoever is behind it. At least they can’t stop your voices. Hopefully in the city, state & country this site is being run from, has the attorney general shut down this site & everyone who was fraudulently used, paid back & the people involved arrested.
December 26th, 2011 at 5:56 pm
Once you learn how this site really works and not believe the BS TV commercials you will understand this site is a scam!
December 26th, 2011 at 3:33 pm
Quibids is a scam web site. They will let you win 3 or 4 insignificant “beginner” auctions to get you hooked up, then the website will send you to a twin site where all the “losers” are sent and where people have to bid 100+ bids (that’s $0.60 per bid = $60) before you get the chance to win anything at all.
If you notice, the first times you bid you’ll win pretty fast…. like after 3 or 4 bids…. costing you literally pennies. But once you “believe” you are in trouble.
I bid on a pan as a test, I won it after 3 bids, I went to fill out my shipping and found out they are charging me $15 to ship it, the items they have in auction belong to them and are purchased in bulk and very cheap.
Also, if you do the math correctly, let’s say an HDTV is worth $2,000 is up for auction, say the price is up to $200. That means there were 20,000 bids of 1 penny each right? Well, those bids cost 60 cents each, so the company has already pocketed $12,000 on the item!!!! Can you believe????
Then add up all the simultaneous bids that I haven’t accounted for. Each bid raises the price by 1 penny… and the timer never stops…. only when there are 3 to 5 bidders left!!! That takes hours if not an entire day….
I don’t suggest you use this site. Everybody should report these scammers to the BBB & post on the web so that we can all clean up the internet from scam sites like this one.
These guys are multimillionaires while you and I have 2 pans at home and spend hundred of dollars hoping we’ll win something we will never win!!!
If you use 2 different computers and sign up with 2 different emails, credit cards and use one account more than the other, you’ll see how the 2 sites you are in are totally different!!!! Do it so you can believe what I say.
I’m a webmaster and I know what I am talking about. This is out of my kindness to all the innocent people out there that have no money and hope to get things that they will never be able to get… la la land.
Good luck!
Mark says:
January 1st, 2012 at 2:20 am
Thanks for your and everyone else’s comments. I suspected the site was a scam but you’ve spared me the time and cost of finding out for myself. Thank you all!!! Hopefully no one I know is getting scammed by this and I will send anyone I find involved to this site for a real eye opener.
Judy says:
December 28th, 2011 at 5:56 pm
Thanks for this valuable information. I saw the ad for the first time last night (in Australia) and was going to check it out. Thanks to you and others in this forum, I will give it a big miss and also let others know they should read this before they decide to sign up. Thanks again!
christina says:
December 28th, 2011 at 4:12 pm
thank you for your honest opinion and for saving me from ‘almost’ signing up..
December 26th, 2011 at 8:25 am
!*!*!*!*!* READ BEFORE YOU SIGN UP! *!*!*!*!*!*!*!*!*
yeah I just signed up to this site in Australia, after, guess what TV add! I read everything! and this has some very dodgy content! pls read the T&Cs! also check link below, explains how really works rather than face value! i gave a pre paid visa card, and they have taken money straight off it, or tried to! nothing in there… Goodluck!
December 24th, 2011 at 3:35 pm
You people giving bad reviews are giving a 100 percent legitimate website a bad name.
Rob says:
January 3rd, 2012 at 8:18 pm
LOL!! nothing legitimate at quibids.
jack says:
January 2nd, 2012 at 9:31 am
you call quibids legitimate look at the rest of the comments…
habib says:
December 30th, 2011 at 9:07 am
you work there, right??
willy? says:
December 30th, 2011 at 5:22 am
seriuosly zack? yes legitimate if you are a very distant cousin to bernie madoff, which i assume you are.
December 24th, 2011 at 1:15 am
I thought it was a good way to win stuff, like in Ebay, but it resulted that is a scam. I was so stupid I always research before using or putting my information on a web – page but this time I just did not did my homework. Plus they don’t provide or say any information that they will charge you 60 dlls to start, or maybe I did not so it.
December 23rd, 2011 at 10:52 pm
Total Scam! Bought $60 worth of bids, and used only 10. They expired after only 6 months. Why should they expire so quick?? They totally stole my money!!!!!!! ripoff!!!!!
Lily says:
December 29th, 2011 at 6:14 pm
There was a mention somewhere on the site that bids expire in 3 yrs. It sucks, it happened to you.
December 21st, 2011 at 11:48 am
The sad thing about you people is you FAIL to read anything before you try it. Everything that happens is in writing on the website. You know why the first three things you win is easy? Because they are beginner auctions, states that in writing on the website. There is no scam just people who don’t read. It states that shipping time takes 4 to 6 weeks, if they don’t have the item they offer you something else. I have won many things off that site and got them. The funny thing about the guys who state there are ghost bidders, are people like me who will jump in and use 10 bids to steal it away because you think you can just wait and win it. Educate yourself before you just jump into something. Your suppose to lose money, ITS CALLED GAMBLING!!
thisisaripoff says:
December 25th, 2011 at 1:06 am
hmmmm gambling, sounds like a winner to me. NOT. Its just a rip off site, Free to join, bs, they take $60 off you straight away. If you make 20 bids it costs you the price of the item you just bought plus $120 in bids. That seems fair. If you don’t win the auction, it will still cost you $120 in bids, that’s fair. NOT. Avoid this site, someone sitting in a small room somewhere (probably their mums basement) is getting very rich from gullible people.
Stick to Ebay at least you have some protection with paypal.
notthatgullible says:
December 24th, 2011 at 3:51 am
Gee everybody has the same feeling about this site but you hmmmm i wonder why that could be mr 5 star review any chance you’re from quibids? my guess would be so since you seem like the type of guy who believes amway to be a completely legitimate entrepreneurship option, but I think if you don’t work for this company that you should definitely take an econ 101 class because this is really just a genius way to fraudulently induce people into getting a product that is total bullshit. What happens when you’re nice new ipad breaks and apple won’t think about touching it because that warranty is voided?
ARS says:
December 23rd, 2011 at 1:50 pm
misleading ads, misleading site. No 3rd party, the auctioneer is the seller. That sounds fishy enough for me
December 21st, 2011 at 2:35 am
just call the federal govts scam office fceu.scam
call dateline nbc
anderson cooper
get some real people involved
bobbert says:
January 1st, 2012 at 8:14 pm
Already did. Amen buddy.
December 20th, 2011 at 1:01 pm
I would Put a zero for rating if I could. I can not give much more info except everything everyone is saying is 100% true. I signed up and won a couple gift cards like everyone else. Said this is cool but is to good to be true but still had bids left. I have been wanting an IPad2 for my wife so said screw it I am going to sit and bid until I win. I will use buy it now if necessary. I kept an eye on it for 3-4 hours and bidding started to slow down so I jumped in willing to spend 500 in bids. Of course once I started bidding 10 more people came in and out then started getting the ghost bidders. While waiting for the ipod to slow down I paid attention to other auctions and how they worked to help my chance. I started noticing the same names and bidding patterns on higher priced items. I just thought it off as someone just blowing bids trying to win something. Now come time to my bidding what do you know these random same names pop up and keep jumping the timer back up. I know it is me and 3 other real people I can tell and the other 4 or so were not. After bidding for about 5 hours being smart and not bidding every 10 seconds all of the sudden what do you know again I recognizable name comes in, bids about 10 times then boom auction is over. WHAT!!! never been so pissed and felt so abused. Contacted quibids and all I would get as an answer was my computer lagged. Possible but I dont think the others would have let the bid end either. I stated this and got a generic answer like others have said it is automated. Told them they shouldn’t treat and do business like that and I done with them and no response. They don’t give a damn they make so so much money off of items they do not even stock. Oh and I ended up using buy it now and item still has not shipped. Was going to be a Christmas present but oh well lesson learned if it is to good to be true it usually is.
Dave says:
January 1st, 2012 at 1:08 pm
I’m in Canada and I have filed a BBB complaint, their operation here is located in Toronto.
Use the BBB link from the QuiBids site and select location as Canada.
These people are counting on the person not to stop and think about using this site, please run these points by the ole brain a few times.
Since they are not an authorized reseller of most products…..where will you go for warranty issues?
What will you do after spending 200 dollars bidding on an item listed for 500 retail value (look and see what a 50 dollar bid pack will cost) and you loose to a glitch in Internet? Have a look at the fine print and you’ll be informed that with today’s technology they can’t promise you’ll be screwed and guess what ……now down 200 bucks and unless you like throwing that 200 away you’ll , like most, choose the buy it now and end up paying way more in the end for the item. Who is the win-win designed for ? With this scenario Quibids now has all these bids that folks used to try and win, lots of money for Quibids AND they have the others who will choose buy it now, lots more money for you know who!
notthatgullible says:
December 24th, 2011 at 3:58 am
I don’t know if you are aware Tyler but what you experienced is fraudulent induction into payment and it is completely illegal and easily disputable with any credit card provider so you should easily get your money back, but none the less frustrating to deal with this when we all that there was a chance of something great in these not so great times.
Tyler says:
December 20th, 2011 at 1:42 pm
Ok pretty sure confirmed they have people working for them. After I posted the long review I went back to quibids just to get rid of the few bids I had left. I also wanted to look for patterns again.
What do you know coolbabyinc. is his name and has been messing with me in all the auctions I have been in. As I was saying above that someone will come in at the end and only make a few bids and win. Well just happened I had a few bids left and this Teddy 1955 comes in which is same guy I have seen do this before. But he puts up Bid o Matic. I only have one bid left so I just sit and watch to see if I can get more evidence. Bidding goes on for a little bit and I decide to see what happens when I put in my last bid that will max me out and can only use buy it now. There were 11 bidders in past 5 minutes. 3 people had bid-o-matic and whenever timer gets to 1 second mark there were 4 single bidders every time. So I threw in my last bid and said I bet this Teddy guy wins watch. Not even 20 seconds later I counted 4 bids after me I guess everyone decided they did not want it and Teddy won after only 6 bids. As said before this has happened a few times. A matter of time before someone takes justice into there own hands hacking there site and crashing it.
Tyler says:
December 20th, 2011 at 1:12 pm
Quibids LLC is also located in Canada which adds to shipping time and price. I have tried to take legal action but since being in Canada it would not be worth my time. Cant file a claim with the BBB either I tried and they can not help only give me an attorneys phone number. Looks like these guys thought this through quite a bit. If this continues look out mr.facebook inventor guy who invented this will be surpassing your value soon!
December 19th, 2011 at 5:13 pm
In November I had my C Card hacked and one of the bogus charges was to Q-bids, now they’re fighting the bogus charge with my bank!!
I would NEVER use “Q-Bids” or anything like them, I have never heard anything about this ‘company’ except it should be shut down as a rip-off!!! This site definitely should be seen by anyone dumb enough to think it’s a ‘good deal’!
December 19th, 2011 at 3:00 pm
I’m pretty sure their ‘chat to a live person’ function is in fact just a bot with a number of defined answers. Try asking a question that wouldn’t normally be asked and you’ll get a completely generic response.
December 18th, 2011 at 9:36 pm
I want to know the best way to get your money back from these so called auction sites this is nothing but FRAUD?
What do u tell the bank to charge the company back???
Please help me!!!!!!!
notthatgullible says:
December 24th, 2011 at 4:09 am
steve as I said above to tyler the proper legal term is fraudulent induction into payment and what that basically means is that they made it appear on the surface that things were cheap and that you would be able to get the product for less than retail but in reality they are charging you 60 cents for the chance to bid a winning penny oh and also since they are not backed by any major brand them telling you its guaranteed brand new factory sealed is completely false advertising because every warranty is voided…if you even got the product. I hope this helps unfortunately this is not uncommon though, for example we all know how the standard cable/satellite provider scams us yes? They come out and install your set top box and ask you to sign saying that nothing was damaged and that the installation was completed successfully and to satisfaction what most of them fail to mention is that you are signing a contract for some duration of time so your forced into payment or an early cancellation fee or with some companies(directv) they double your rates at some point in your contract and if you then try to cancel they hit you with the early $500 cancellation fee. This is all completely illegal because it is a simple con very similar to how banks will raise your interest rate grossly above usury rates because their headquarters is located in deleware where there are no usury laws. All these problems can usually be solved with either a call to the BBB, the Federal Trade Commission, or your credit card company. You’d be amazed what calling people illegal activity will do to solve your being conned.
December 18th, 2011 at 7:40 pm
Does anyone even look at the Sunday classified ads anymore? how about Craiglist? Stay away from this, its a major scam.
December 18th, 2011 at 12:47 pm
Believe me, it’s an engineered site. Based on your history and badges, they put you in different situations, I mean you will see different items, like being in different auction rooms. So please don’t go to their website. I spent hundreds of dollars and these people have designed a money making machine for themselves, and don’t give a s*&% about our hard earned money. I wonder how they got approval for such a site, shame on our government.
December 17th, 2011 at 9:47 pm
In the UK this practice is called a Dutch Auction and has been a felony for at least 30 years.
Dave says:
December 22nd, 2011 at 9:38 am
And yet they are advertising on TV, which is why I am here.
December 17th, 2011 at 9:31 pm
This site has now been advertised on Australian T.V. and I hope that the Government takes a serious look at this site/company. I noticed what I believe is a serious misquote In the Auditors report in appendix/attachment B under Summary. There are OTHER COMPANIES/penny auction sites that offer to by at cheaper prices. Deal Fun is one of them. So even the auditors can’t get it right or they are acting ONLY on information given to them by QUIBIDS. One has to wonder if the auditors actually have been to the premises to check it out or just going on paperwork given to them.
December 17th, 2011 at 5:57 pm
this is a scam. they should be reported. I hope they burn for stealing money from ppl like this.
December 17th, 2011 at 10:41 am
DIFFERENT ITEMS OFFERED FOR DIFFERENT USERS!(sorry 4 the shout). I had 30 items available i could bid on. I had an office buddy sign up for the site and he was offered 40 items. I tried to find the items he was offered and they were NOT THERE! He bid on 2 items($25.00 gift card and $25.00 gas card) and won them with just 3 bids each. Instantly after winning these, his available items also lowered to 30, the same as mine. I realized that when i first signed up I also won 2 items instantly. Obviously fixed, makes you wonder what other little things they do. I’m done with them.
Linda says:
December 19th, 2011 at 10:16 pm
You are so right. My husband and I both had an acct. His offers were completely different than mine.
Dorcy A. says:
December 18th, 2011 at 7:33 pm
Do you think it’s worth me doing just to get the first 2 items cheap? Then after items get dropped to 30 just quit penny auctions? I pretty much just want to know if I could come out on top with winning the first 2 items, kind of as if I switched the scam back on them.
December 15th, 2011 at 3:47 pm
They also issue you badges as if this was a game show and it is in fact ” Who wants to be scammed”
December 15th, 2011 at 3:30 pm
I had 75 bids left when I started bidding on an Item. The bids were called vouchers which i won on QuiBids. I did not win the auction and could not use the voucher bids against the Buy it now. So the money I paid to win the voucher bids was gone gone gone . Now if this isn’t stealing money tell me what is. This is a fraud and the celebrities endorsing these sites should be sued.
I Have also lost Bids when there were like 15 people bidding including myself then all of a sudden some bidder with a Avitar that was not bidding puts in a single bid and wins also the clock stopped at 4 seconds and the winner is declared. I find it hard to believe that 15 bidders all of a sudden stopped bidding. I won a few gift cards and a buy it now item which cost me $50 more than at Costco. But my experience has been one of loosing money in the end. I contacted QuiBids and was informed that Computer Lag time can cause it while my connection monitor showed Excellent.
I have been with ebay for over ten years and have bought many items and had only one bad experience in which e-bay and paypal reimbursed me every penny that I lost in the deal.
My suggestion is use ebay or buy at retail.
December 15th, 2011 at 3:26 pm
Scam, and I tried it out because the news said it was an awesome way to buy Christmas gifts. I setup an account, entered all the goodies to get started, and was bidding in the matter of minutes.
After awhile, I realized the same “screen names” bidding on multiple items at the same time. How is this possible? It has to mean that Quibids is using techs to make “fake bids” to drive up the sale price, and screw the user.
I should have known better than to believe the news. :(
notthatgullible says:
December 24th, 2011 at 4:13 am
no thats not the case mike? sure seems like it whats your evidence looking like?
mike says:
December 20th, 2011 at 6:23 am
well, that’s not really the case. You are infact able to bid on multiple items at the same time.
December 15th, 2011 at 3:17 pm
Well, I just wasted the 60 bucks that it takes to become a member. It was gone in about 5 minutes of bidding. The commercials, the website front, everything about their marketing is misleading. No where does it say that the time for the bid continuously increases back to 15 seconds each time a new bid is placed. I agree with others who say that you aren’t getting anything at the “bid” price because it could theoretiically cost 1000s of dollars to win something for $.01. This is unethical and it would be great to have government representatives and BBB people who actually gave a crap about citizens.
This is about as illegal in all probability as it gets. I am writing a note to the justice department, and my states attorney in complaint. Also the website is soooooo slow that it makes navigating it impossible. I also think this is on purpose to limit access to certain information and from a web development standpoint and correct me if i am wrong, but it is totally avoidable. Who owns this company?
December 15th, 2011 at 9:54 am
After relizing this is a ripoff. I have gotten little payoff for my bidding. You are right, this is not a good way to spend hard earned money…The are misleading everyone that goes into the site.
Jeff says:
December 17th, 2011 at 7:00 pm
I agree with Cecil, and i think the Feds can do something about it, can’t they?
Cecil says:
December 15th, 2011 at 3:36 pm
Phil I do believe they let a few people win as I won at first a few gift cards but the winners legit ones are few and when someone is duped it’s hard to admit it. I believe that in the end these sites will be investigated and shut down or undergo third party monitoring.
phil says:
December 15th, 2011 at 12:32 pm
FYI i have won 75$ in gas cards for under 1 $ so it wrks for me
December 14th, 2011 at 9:46 pm
HUGE SCAM, Please don’t waste your time. It will only make you VERY MAD every time you lose. The counters are off and the thing about “Ghost Biders”, its no joke. If you are thinking of wasting your money, I’ll be happy to give you my PayPal name and you can wire me the money instead.
They should be sued for fraud.
lacuz says:
December 20th, 2011 at 8:01 pm
my daddy told me ,never play someone Else’s game..
December 14th, 2011 at 3:35 pm
This is the problem with the world to day. A lack of common sense. IF IT SOUNDS TOO GOOD TO BE TRUE. IT PROBABLY IS!
December 14th, 2011 at 1:07 pm
I have read allot about the ghost bidders and agree. The other thing i noticed was that on the big ticket items, every minute or so it resets the bidders history to n/a. Also when i checked the history on what a big ticket item has sold for in the past, it says no auction history…
I am into it for about $80 and won a $10 gift card. I have 32 bids left and requested a refund. They offered a refund if i chose to cancel on real bids. When I clicked on deactivate account, it warned me that i would lose all current bids. I submitted an email today stating i want my money back. I am sure i will get a speedy response…YEAH!!!
I suspect this will take a loooooonnnnnngggggg time to get my money if i do at all…Quibids needs to be investigated ASAP before they can coverup their programing practices…
December 14th, 2011 at 11:05 am
I was successful in winning a few auctions and getting deals, but it really is luck in picking the right time to bid.
On the downside, shipping is terrible! I won a PS3 game, Modern Warfare3 for $4 after 10 bids ($6), but it has been 3 weeks and it hasn’t shipped.
Lmfao says:
December 16th, 2011 at 12:23 am
You haven’t “won” anything. 3 weeks? Okay, maybe it’ll take another 3 for you to realize they’re either sending you a FOAD letter or just absolutely nothing at all.
Sorry to crush your dreams.
December 14th, 2011 at 12:04 am
Back on November 5th, i had won a cuisinart cookware 14 pc set i have yet to see it, then they emailed me about how they have their inventory screwed up, that they will give me a refund or a list of other items that are available. I decided to give them a second chance, i went ahead and picked a printer.. Well its been about a month now and guess what? i have NOT seen anything yet. ive tried to get in contact with them, they have not given me a straight answer, they dont have a number where one can call to place a complaint, nor do they have a REAL person that can actually get in contact with me regarding this issue. so much for the 10 days to deliver huh?. Quibids is a scam as far as im concerned. I regret spending even a penny with them :\
Shadow says:
December 20th, 2011 at 1:20 pm
Ever think of tracking the order? I’m sure after you have placed your bid and “won” they give you a tracking number for whatever you won
December 13th, 2011 at 9:17 pm
I went into quibids thinking that it shouldn’t be that hard to win. To my surprise and $68.00 lost in purchasing the bids, I find that it is virtually impossible to win anything worth $25.00 up. Also, as more and more player get into this deceiving game, it will be harder than ever just to win a $10.00 certificate. To my understanding, playing Quibids is similar to playing at the casino. sorry, I’ll rephrase it, it is easier winning at the casino, and of course, we all know that nobody is a real winner at the casino!!!
December 13th, 2011 at 8:26 pm
This is a scam. Misleading and in no way a legit auction site. There is no way to buy products that cost hundreds, for a few bucks! Be smart and don’t fall for such nonsense.
Mwahaha says:
December 15th, 2011 at 1:53 pm
actually you are incorrect, the way it works is if you end up winning the bid for an xbox 360 at lets say $35.00 then the actual amount of money quibid has made is $2,100.00 based on a price per bid of 0.60 multiplied by amount of bids 3500. So if you are lucky you can get a good deal because everyone else who was also bidding actually pays for the product 10 fold.
December 13th, 2011 at 6:57 pm
Those guys from quibids should be arrested for fraud against innocent people, and who ever decides to register with quibids should read the reviews first…
December 13th, 2011 at 2:06 pm
can somebody please file a lawsuit againt quibids
December 13th, 2011 at 1:52 pm
I just received a big spender badge. For those of you who don’t know what that is it is spending way too much money. They make it like its a good thing. I threw up. I couldn’t believe it. I have about $100.00 worth of product that I’ve won. They make it really easy to just hit a button to order more bids which is to convenient. This site is definitely not worth your time or money. They also don’t give any real benefits of being a member of the site and bidding on things. I wish that I knew this before I wasted so much money. I could have bought a high end camera for the money I have wasted and instead have a salt and pepper shaker set to show for it.
December 13th, 2011 at 1:07 pm
This is a scam. There is no bidding strategy POSSIBLE. They use auction words, bid, win, etc., to confuse you into thinking along eBay terms. This is not eBay. It is a scam – PURE AND SIMPLE.
December 13th, 2011 at 12:57 pm
I just received a big spender badge. For those of you who don’t know what that is it is spending over $500.00 in bids. They make it like its a good thing. I threw up. I couldn’t believe it. I have about $100.00 worth of product that I’ve won. This site is definately not worth your time or money. They also don’t give any real benefits of being a member. I wish that I knew this before I wasted do much money.
December 13th, 2011 at 3:17 am
Overall its a good site, I enjoy winning the gift cards opposed to the high priced items that seem to have a lot more people fighting over them. I use a site (www.quibiddata.com) all the time since it tells you the averages and other helpful info on the auctions I feel that I have a better chance at winning. Over all though I have been a member for over a year and still keep going back, the buy it now option really makes it a win win if you are willing to pay the full price for the item before you start bidding. Its like shopping with a chance at a mega discount.
Cecil says:
December 15th, 2011 at 3:39 pm
Cant believe you are serious either.
Joseph Goldberg says:
December 13th, 2011 at 9:22 pm
Are you serious, you must be a real gambler because if you actually know how to count, you are most likely at a huge loss. oops, maybe you’re part of Quibids team!!
December 12th, 2011 at 10:52 pm
A $250.00 Best Buy Gift Card for $2.00, not on your life.
Six hours later, biding will be at $50.00, and Quibids
“ghost bidders” will continue to increase the price until
you run out of money. You don’t believe me, go ahead and
try it. YOU’VE BEEN WARNED. TOTAL WASTE OF TIME AND MONEY!!!
Joseph Goldberg says:
December 13th, 2011 at 9:25 pm
You’re absolutely right brother. i agree with you 110%.
December 12th, 2011 at 2:27 pm
I went on this site for the first time a month ago and I guess I got lucky. I bid on 4 items and only paid 1 penny for each item. No one bid against me. Now the only thing is I have tried to bid in auctions since and have been outbid each time. Guess I will have to add in my initial $60 worth of bids to the price LOL. Still a good deal for what I got. Don’t know if i will ever bid on this site again tho..live and learn. Peace and love.
Cecil says:
December 15th, 2011 at 3:40 pm
You will win at first as I did that’s the cost of doing business and getting you hooked. For my money it’s ebay cause you have protection.
December 9th, 2011 at 6:01 pm
I was very disappointed. I was just trying to buy a Christmas present for my daughter for a reasonable price and all I did was loose. I paid 87 dollars for nothing. I will never use that site again and I will put out the word as much as I can what a lousy site quibids is.
Cecil says:
December 15th, 2011 at 3:42 pm
Good for you Dawn. QuiBids in on Facebook and i suggest you put your experience there. But be aware that their people are there telling what a great site it is.
December 9th, 2011 at 1:45 pm
Use your heads people! This site is nothing more than a slot machine. Their program has ghost bidders that automatically add bids to keep “auctions” open so teh bidding goes up. Remember that for every $100 in bids, Quibids earns $6000 !!! Of course they can afford to give away a few gift cards to make people keep bidding. When a big ticket item like a TV worth $2000 sells for $500, Quibids has made $30,000, yes that is $30K for their $500 payout. Just like i Vegas, if you think you are going to “Win” anything, you are a fool. I look forward to the programing being revealed and the Quibids executives locked up for fraud, as they should be! A perfect example of American Greed run wild!
December 9th, 2011 at 2:51 am
Lol, it looks fun. The way I see it is you can blow a bunch of money if you don’t play it smart, but you can also get some good deals if you are careful and do your research. :)
December 8th, 2011 at 10:54 pm
I have used penny auction sites in the past and I understood what QuiBids was about. What I am upset about is that when I signed up, I was led to believe that the first 100 bids were free. I had gotten a similar incentive at Beezid, so I didn’t suspect it. When I saw that I had been charged the $60, I immediately contacted the customer support and voiced my displeasure. After arguing back and forth through several e-mails, I eventually got a partial refund with some very unprofessional parting words. If you choose to gamble on this site, please be aware that you dealing with a dishonest and unremorseful bunch of people.
December 8th, 2011 at 11:05 am
If it sound too good to be true, it is.
Even Vegas casinos don’t deceptively advertise on TV the way quibits does.
December 7th, 2011 at 3:57 pm
I read the review and looked on their site- NOT WORTH IT, and I haven’t even tried it yet. In Quibids 101 Video, they originally say the the value of the sample Wii is $239.99. When they display the option of BUY IT NOW, they reduce the value to $200, and I assume it’s to make it look like a better deal. Does anyone know if they do this in live bids?
December 7th, 2011 at 3:40 pm
Q bids is not a good company. First off if you commit your time and money to getting a item like I did you are blessed. Its pure luck. Any way I won a 3 TB hard drive. Paid for it and then never recieved it 3 weeks later. They said they sold a item they didnt have and they would give me a 1.5 Tb hard drive instead. (you can see why I had a problem w this offering me a item almost 1/2 the value) I said no make it right. They said they would refund my money. Thats like a black jack dealer saying they ran out of chips after a 21 but they would return your bet. Seeing I was getting no where with this shady company I said fine give me the 1.5Tb hard Drive. Then they replied they were out of that too. Any reputable company would have found another item and made it right. Dont waste your time w Qbids. Seriously!
December 6th, 2011 at 7:57 pm
name says it all…
December 4th, 2011 at 10:02 pm
Last night I commenced biddibg on an iPad2. I waited until their clock showed 10 SECONDS to run and then I started to bid – I had 127 bids to “play with”. When the bidding continued for over 2 minutes “extra time” and I had used all my 127 bids I quit. I really don’t know how much longer the bidding continued but I do know it cost me in some $AUS76 and the bidding went on IN EXCESS of 2 Minutes OVERTIME!
For my money it’s a colossal scram benefiting quiBids only.
Stay away and I believe one is better off either buying from Apple or through eBay.
P.S. taking ONE Second only per bid that runs out over 2 minutes “overtime”
shillhunter says:
December 13th, 2011 at 11:47 am
that is because everytime a bid is entered 10 seconds is added to the time. what a joke. the only time you will ever win here is if the other bidders run out of bids, or the ghost bidders(shill bidders) aren’t payng attention. I went to this site to take advantage of the incredible deals too but when I read the fine print I knew right off what an incredible FARCE this is, don’t waste your tie or money.
December 4th, 2011 at 1:10 pm
At first glance, you think this is fantastic. But really it’s nothing more than a gambling site. Once you’ve chosen your item to bid on the frustration begins. ex: i was bidding on a 100$ gift card. I started when the price was about 5$. By the time I had spent 50 bids(30$) the price was at over 8$ Just when you think the auction will end and that you’ve outlasted those bidders that got started at the same time, new bidders show up. So when you’ve invested 30$ they’re just getting started. So of course they will bid you up till you end up paying the face value! Meanwhile, if that card sells for 10$(1000 bids) Quibids gets paid 600$ for a 100$. And they still charge you 3$ to ship the card. (you’d think they would throw that in for free)
In the end I opted to use the buy now option. This allowed me to use my bids toward the price of the gift card. I kicked in another 70$ plus 3 dollars shipping. So in the end I paid 103$ for the gift card. Not a great investment.
investment 101……Fail
December 3rd, 2011 at 11:59 am
The only one making money or saving money is this scam organization!! Particiants beware!! Where is the SEC or the feds??? Member of the BBB.. What a joke!
FreedomFighter says:
December 13th, 2011 at 11:21 am
Well in this case there truly should be some sort of action taken against them. Blatantly false advertising and not mentioning how much EACH BID COSTS is like saying “Yea come buy this BRAND NEW CADILLAC FOR 50 BUCKS! O yea, to exchange titles there is a 65,000 dollar fee. But the car was 50 bucks!”
Shame on them, a plague upon both their houses.
Dan says:
December 4th, 2011 at 7:43 pm
Why does one have to depend on government to protect/save them? One should hink for oneself.
December 2nd, 2011 at 2:54 pm
Unless you treat it like GAMBLING (which it is)…. you are better off using sites like Ebay. I can NEVER win an action on Quibids…. guess how much I’ve lost…… EVERYTHING I’ve invested. I can lose every auction I bid on in Ebay…… guess how much I’ve lost ……$0…. guaranteed!!! LOL…… you’re better off going to a casino and playing the slots………
November 30th, 2011 at 6:16 pm
Didnt know what I was getting myself into on Cyber Monday. Big mistake because I dont even know how it works. My question is, and it may be a stupid one, but I payed the $60 but didnt bid on anything. If I unsubscribe will I get my money back?
quibids is a Scam officially says:
December 7th, 2011 at 11:42 pm
I don’t think you can get a refund. Many people have complained about contactig Quibids but they just don’t answer or they say you couldn’t and hang up. Sorry for your money loss, hopefully you can get a refund :).
November 30th, 2011 at 5:23 pm
I have been scammed by quibids… Seems fun at first but the very first large item I won was interestingly not available they wanted me to choose a replacement item. Seems fair at first however it was not compairable.. According to QuiBids (scammers) 101 they reccomend bidding on items that you would be shopping for so you do not lose your money. Very nice of them to give you pointers.
So my mother wanted a rotissiere cooker for Christmas so I bid on a $130 one. I won with 1 bid plus shipping. I was so excited so with the money I would have spent on the cooker I reinvested into QuiBids and bought more bids well I lost most of that but I thought I was at least even because I was still getting 1 of my Christmas gift out of the way, thought NO money lost, No money gained. I AM NOT A GAMBLER.W
Well I then recieved an email from them they were inable to fulfill my won product and wanted me to choose something else the itms I had to choose from where golf gear and not the clubs, cheap purses. Things I would not have bought. When I contacted Customer Service and explained this they stated that they had given me my options and that they were not going to speak to me about the issue. QUIBIDS = RIP OFF
austincom says:
December 1st, 2011 at 12:13 am
Contact atty Mandel, @ 214-965-9300 he has a class action against quibids. truth
November 30th, 2011 at 1:14 pm
won lot of things
Killer Clown says:
January 13th, 2012 at 11:17 am
This site has to weed out the Schills and bots. “Won lot of things”. Really?
linda says:
December 4th, 2011 at 10:19 pm
You’re the same person on quibids. so please stop pretending.
November 30th, 2011 at 6:56 am
Their business model is amazing (not that I agree with it in a moral sense). Take the biding on bids part:
Normal price of 100 bids is $60.
People bid on bids with an end price of $9.00 (for example). The final profit for QB is $549 (900 bids @ .60 = $540 + $9).
So instead of $60 for 100 bids, QB has made $549!
Although they are mostly transparent, it is a lie on their commercials that the final item won at X amount went for that amount. They don’t mention the cost of the bids the winner spent to win. Borderline, if not out and out, fraudulent. These people running it are easily making millions of dollars.
Preevyet says:
December 2nd, 2011 at 1:57 pm
Are they making money? Hell yeah! But they also lose money on a lot of auctions. Recent example is the Disney vacation for 4 ($4,000 value) sold for $6.82 (or so), meaning they only got about $400 for the trip and lost $3,500. They make up for it in other auctions, but overall they lose on more than half the auctions (I’m guessing).
November 30th, 2011 at 1:06 am
These comments are ridiculous and I can’t believe what you people are writing. Quibids is not a scam, I am a 20 year old college kid and I have won numerous gift cards off Quibids and they were shipped to me and I got great deals. Total after shipping and fees I’ve gained about $80.
If you are smart with your bids and don’t just waste them all it is a great site, if you are stupid with how you bid with no strategy or prior knowledge of how the bidding system works, of course you’re going to think its a scam. Because you were too ignorant and lazy to put in the time and effort to come up with a bidding strategy and use your bids wisely.
Overall, if you have taken the time to read up on the website how the auctions work, and you spend your bids wisely with a specific strategy and stick to that strategy, it is a spectacular way to save money. Ignorance in posts like the ones I have read here discourage people from a good thing and give the site a bad name. Think before you criticize, people.
Woody says:
December 6th, 2011 at 3:36 pm
Isn’t that kind of THE definition of gambling.
Preevyet says:
December 1st, 2011 at 4:00 pm
First tip would give is to not buy bid vouchers, they don’t count as money spent like “real” bids. Example, you’re bidding on a $25 gift card with real bids (ones you purchased for $.60 each), you bid 10 times but don’t win and/or give up. You can take the $6 spent on bidding and purchase the gift card outright for $19 + shipping (typically $1.99). True, you just paid $26.99 for a $25 gift card but you are down $2 instead of $6. Now had you used vouchers, you get no bid credit so you bid 40 vouchers, you still pay $25 + shipping. Now, you may have won 100 bids for 20 real bids (or $12), so the bid cost is about $.08 per bid, 40 bids means you are out $3.20 with no credit.
Second tip is you must be willing to buy the item. For example, most high value items will garner thousands of bids. To get that $3,000 60″ TV, you are probably going to have to put hundreds of bids on it. Best advice is to watch the bidding only when it gets to the usual sell price (listed below item on bid page). For example, if you see previous sales for $45.73, $56.97, $1.26, $75.87, best bet is to wait to bid until it reaches about $40. It might sell sooner, but they will more than likely sell it again so be patient.
Last tip is to win some gift cards first, get something for your efforts. Best times to bet are during the day and late at night. I’ve won several gift cards by setting an autobid and going to sleep, the other day i won a $25 gift card for 4 bids ($2.40) plus $1.99 shipping.
Basically, watch a few auctions first, sometimes you see a gift card fo for $.06, then next one goes for $4.32. Some people overbid, not sure why, but they do, if you see a guy bidding every other bid from $.01, best to leave that auction. I saw a guy bid 67 times for a $25 gift card, essentially paying $40.20 for a $25 card.
Last thing I would say is buy a bid pack at the beginning of the month and when you run out, quit until the next month. I buy about $100 in bids, and when they run out I’m done.
See my post from 22 August for more tips. Wins since then include a $50 rice cooker for 1 bid and a few gift cards among other things.
DumboDumbo says:
November 30th, 2011 at 9:40 am
OK Wise Guy!
What would be an example of this great winning STRATEGY that you talk about? I am sure you have several of them and could share one little one with the rest of us dummies so that we would understand and believe you.
Waiting to learn.
The name’s so nice that you say it twice…
DumboDumbo
November 29th, 2011 at 7:31 pm
I have been doing quibids for a while now more than one year. I am aware it is gambling, but I have some decent luck. Sure I have spent more than I have won, maybe much more. Overall I have/had enjoyed quibids.
However my recent experience has tested me.
The Games was a cool addition, and they are making good money on the chance to play their games. I am not against them making money but,
I was perusing the quibids website one late night, and found a “No purchase necessary” clause to play their games.
Simply go to their “help” page and to left of screen click “game rules”
check it out before they take it down.
There you will find a page that is no purchase necessary to play their games. It instructs you to place on a 3×5 card your name, address, email address, user name, phone number, and a copy of your government issued ID (To prove you are at least 18). It also states only one entry per envelope. Also stating wait 4-6 weeks
Each entry will get you one free game.
On Oct. 10th I mailed 5 such envelopes, waited 6 weeks and nothing. I have been in touch with their customer service and it is obvious they have no intention of honoring their own “No Purchase Necessary” rules.
Tomorrow I am going to the BBB. Tonight I am working to get the word out in hopes that quibids becomes inundated with these “No Purchase Necessary” games.
austincom says:
November 30th, 2011 at 8:04 am
update, last night I looked and they changed their rules to read 1 no purchase necessary entry per month per household.
That verbiage didn’t exist on Oct. 10th because I printed out that “game rules” that same day.
So there you have it go to “help” then click on “game rules” and for a .44cent stamp you can get a free game per month.
My experience is they never intended to comply, as they had hoped noone found the “game rules”.
November 29th, 2011 at 4:10 pm
So I tried this QuiBids last night. Put in $60 to start won some gift cards and extra bids. I ended up spending around $80 after paying the fees for the items I won. I did end up winning $65 worth of gift cards for my $80 spent.
I mean this is not a scam if you know what you are getting yourself into. This is gambling with your money. Even after the first night I found myself using words phrases like “I am up” or “I am down”. If you want to gamble with your money then this is great. But DO NOT think you will go on this site and win an expensive item for cheap.
NOTE: Only bids you purchase can be used as $ towards purchasing a product. If you win bids (voucher bids) then these do not count as $0.60 per bid like the ones you bought. So if you plan on just bidding on something and then paying the difference when you loose be sure all the bid you use are bids you bought.
Not an idiot!!!!! says:
December 1st, 2011 at 10:45 pm
If you bid at a regular auction you do not lose money if you don’t win! It sounds pretty straight forward… If it is soooo easy to win then why alter the normal auction rules and invent. Buy to bid vouchers… Yea nothing wrong there..wait if you buy this necklace at 1 cent I will give you and 100,000 friends the opportunity to win a $25.00 gift card. It is a cash grab, however if you decide to bid on this you are the ignorant one.
November 28th, 2011 at 7:57 pm
Big scam…Not worth the time and money
November 28th, 2011 at 4:04 am
I realized this as soon as I placed my 1st bid. But you cant deny it, they tell you its 1 cent bids, which cost you 60 cents a piece, from the get go.
November 27th, 2011 at 11:08 pm
I took the chance to see if it would work, since they promise a money back guarantee for all unused bids. I initially won/bonused 25 voucher bids but these are not used first unless you change a setting, so i carelessly spent 25 bids thinking i still had my original 100, not so, I know have 75 “real bids” valued at $.60 and 25 “voucher bids” which have no value.
So I spent $15 + $ 2 shipping + $.13 to “win” a $10 Wal-Mart gift card. my loss. my warning to you, do not go here for anything.
I recently was watching an IPAD 2 (retail or buy it now price of $519 that was still being bid on at $52.60 (5260 bids x $.60 = $3156 that quibid is receiving. well you would think that it teach people but it is like gambling, I buy a Lotto ticket for $1 and I could win a million dollars plus. somehow this is legalized gambling.
November 27th, 2011 at 3:47 pm
Can you guys honestly say it’s a scam, though? You should know what you are getting yourself into from the beginning especially with penny auctions. If they force you to pay $60 up-front, why do it? Sites like these are in it for the money, not customer service and I can bet all of my $60 that they don’t give a damn about you guys. I sincerely don’t want to be rude, but it’s like a casino, the company ALWAYS wins.
Concerned and Tired says:
November 29th, 2011 at 2:10 pm
I wonder if it even matters whether it’s a scam? Isn’t it enough that people are being misled and taken advantage of? I don’t see how allowing people to either be taken advantage of or to take advantage of others is in any way beneficial to society.
Yes, it is true that people are given some kind of warning of how the business operates, but is it a fair warning? Are people well enough prepared for that kind of subtlety and misdirection to be able to protect themselves? I fear not.
In the end, people are losing more than money to these types of unregulated companies – they are dismissed by the majority of people around them as being too stupid to either avoid the problem or deserve help getting out of it.
Personally, I value ethics; I don’t see the ethics in defending a company’s harmful, abusive actions. I also don’t see the ethics in denying people’s rights to fair treatment. To me, part of that fair treatment is ensuring that people are safe and protected. Part of that protection comes when people are educated. Part of it comes from making sure people don’t do harm – even if the people causing harm are behind the veil of a company.
November 26th, 2011 at 11:57 pm
qbids is terrible stay away!!!! its a money black hole for the individual users!!!
November 25th, 2011 at 7:49 pm
It’s simple if high priced items would rake less than the actual item price then QuiBids would lose money. The money “saved” has to come from someone else’s pockets otherwise this is not economically feasible. Basically the lucky winners pay a part of the price, the difference of the retail price is paid by other members and the rest of the profits goes to QuiBids. For those who claim you have to be “smart”, you should understand that even if all QuiBids buyers would be smart and let’s say would form a cartel and would not spend bids value over the item’s value then in that case QuiBids would go out of business! Money doesn’t grow on trees…
November 24th, 2011 at 8:58 pm
The testimonials are PHONEY ACTORS !!!! Stay away from this site = quickbids !!!!
November 24th, 2011 at 7:24 pm
I am sure glad I came to read this. I was gunna try it, and to be honest I thought it would be a good way to give my kids something better for christmas, when in truth I cannot afford to go get it at the store for full price.
Every time one of the few good reviews goes up, they are giving a 5 star,, hahaha… which bumps the overall.
Also, some of you that say this is so good, please include your phone number so I can call you and you can tell me about all about it, or if that isnt good, how about a email. I would love to know more.
Thanks :)
Looking forward to hearing from you. In fact, to show that I am serious please feel free to email me at tsisson@gmail.com and then you can tell me all about how great q-bids is..
November 24th, 2011 at 3:07 pm
WHO CARES HOW MUCH MONEY THEY MAKE IF YOU SAVE AS WELL??
I know they make a mint off the items, but if you’re really purchasing something cheaply for yourself, then who cares?
The only thing I do know is that addicts and gamers should stay away because I can see it ugly for them.
Aiden says:
November 28th, 2011 at 8:50 am
hah you dont save in the long run. You do sometimes but you actually need to win for that to happen
November 24th, 2011 at 12:41 pm
qbids is a total scam, you buy bids then when you start bidding, all the good items are now not availible to you. At this point you are left to bid on gift cards and “buy more bids”.
I questioned them on the good items, they told me they are reserved for experienced bidders. How do they know how experienced I am, I buy from ebay weekly and go to real auctions.
It looks to me they promise items that are not really availible or they give them to the people they want to win. They should be investigated by the authorities.
November 24th, 2011 at 2:05 am
Quibids feasts on the weak and the gambling addicts. Period.
I love how they claim to lose money on 90% of the products they sale. That’s a lie.
I just finished watching an APPLE TV 2 item that sold for 10.35$. OK Quibids made .60$ a bid times 1035 = so that’s 621$ for an item that retails for $119. Where are they losing money. The winner used 119 bids – 119*.60$ = 71.40 plus $19.99 shipping so He has paid 93.39. So he spent over 2hrs to save $26 aprox.
Now just image the other bidders losses – 1035bids – 119 bids from the winner so – 916*.60$ = 549.60 of quibids users loses. WOW.
Spread the word and stop quibids now!
Ninos says:
November 24th, 2011 at 1:43 pm
Thats exactly what I asked them just now.
HI,
Can you tell me the reason you are not explaining the following. If you do please send me the link.
<>
My second question is: If you are not honest about the above then why should anyone trust you when you claim you do not bid your self.
I need an answer asap, because I will publish this everywhere, and trust people will find out, your sales will go down.
If I am wrong and you DO explain everything please send me the link.
Regards,
Ninosgr
November 23rd, 2011 at 9:18 pm
Quibids was a huge disappointment. I spent a bunch of money to get a cheap piece of junk that they couldn’t even deliver. I was given the option of getting some credits back to waste on more junk. I couldn’t call anyone to resolve the issue. You are stuck. I won’t go back.
November 23rd, 2011 at 5:57 pm
If it is too good to be true, that it is. Just like other scams, someone will always claim how lucky they are to get such a good deal but who are these people. Sometimes, these scam will purposely let someone to really get a good deal so that they can help to advertise the scam.
November 23rd, 2011 at 5:21 pm
Scam.. You don’t know when the auction is going to end…. And yes lots of biding bots..
November 23rd, 2011 at 6:06 am
All i can say is DONT jump into an auction straight away!! WATCH THE AUCTIONS for a few days and see exactly how the bidders work,i won $500 dollars worth of great items with my first bid pack i purchased for a price of $3,96!!! So im NOT saying that my luck in these auctions WILL continue,however i believe that by doing my homework i achieved the prizes i wanted for an extremely low price…and i still have 34 bids out of 60 left!!! its going to be hard for me NOT to give QUIBIDS a GOOD RATING!!!
Aiden says:
November 28th, 2011 at 8:54 am
hah not like you work for them or something :P
November 22nd, 2011 at 5:54 pm
Do the Math people…..
The only people making any money from this site, is Quibids. The public is the ones helping them in their cause.
Remember, every bid you make is worth 60 Cents.
I recently was watching an auction for an Apple IPAD 4 64 M – Retail somewhere over $700.
I lost interest after 6 hours of bidding where it was up to $110 and still going.
So – doing some math – to get to the $110 bid, there was 11,000 bids
each bid is worth 60 cents –
Collectively with all the users bidding against this item, you gave Quibids $6,600 for a $700 item.
So don’t kid yourself about saving 95% off the retail price.
If anyone out there is still willing for this item, I tell you what, you pay me $6,600 and I will be more than happy to get you a IPAD
Think People…The site may not be a scam, but the public is definitely NOT the winner here.
Brian says:
November 23rd, 2011 at 8:10 pm
If it is luck and you lose money either way then it falls under the gaming act and is not legal in Canada without a gaming license and advertised as a game. That is a fact.
Annoyomous says:
November 23rd, 2011 at 1:18 pm
That 6,660 is not coming from just one person though. So saying that one person can give you 6,600 and you’ll give them an IPad isn’t a good example. The people who lost are S.O.L. The person who won is lucky.
November 22nd, 2011 at 11:05 am
Quibids is not a scam I have been a member since 09/10/2011 check out what I have won and the prices I paid for these items. The problem with people that are new to the site is that they don’t understand that you have to do a lot of research or buy the bid pro app that does it for you, or you’ll lose your money.
These types of sites aren’t for everybody if you don’t have the money and time to invest I would say don’t do it, but you can’t call it a scam because this is one of a few sites that really aren’t scamming people.
Auction Date Won Price Status
$10 Home Depot Gift Card + 10 Bids
Auction #A282133189 2011-09-05 13:23 EDT $0.01
Retail Price=$16.00 View Details
$25 Retail You Choose It + 20 Bids
Auction #A352643104 2011-09-05 14:33 EDT $0.22
Retail Price=$37.00 View Details
$10 Foot Locker Gift Card + 20 Bids
Auction #A840627969 2011-09-05 14:36 EDT $0.01
Retail Price=$22.00 View Details
$15 iTunes Gift Card + 20 Bids
Auction #A746892554 2011-09-06 20:30 EDT $0.25
Retail Price=$27.00 View Details
$15 iTunes Gift Card
Auction #A265176571 2011-09-07 01:29 EDT $0.01
Retail Price=$15.00 View Details
$10 Foot Locker Gift Card + 20 Bids
Auction #A326732174 2011-09-07 15:12 EDT $0.04
Retail Price=$22.00 View Details
$10 Dillard’s Gift Card + 20 Bids
Auction #A553924700 2011-09-12 15:16 EDT $0.37
Retail Price=$22.00 View Details
$25 Dillard’s Gift Card + 20 Bids
Auction #A350445674 2011-09-18 15:05 EDT $0.18
Retail Price=$37.00 View Details
Kalorik Electronic Bathroom Scale
Auction #A529901828 2011-09-19 13:50 EDT $0.05
Retail Price=$56.99 View Details
Griffin RoadTrip Hands-Free
Auction #A393037503 2011-09-19 14:47 EDT $0.72
Retail Price=$75.10 View Details
Bust One – Limit Buster!
Auction #A129169042 2011-09-19 15:16 EDT $1.45
Retail Price=$15.00 View Details
100 Bids Voucher
Auction #A926092115 2011-09-21 13:22 EDT $1.28
Retail Price=$60.00 View Details
Kalorik Salt/Pepper Grinder Set + 20 Bid
Auction #A974221969 2011-09-21 14:09 EDT $0.41
Retail Price=$61.99 View Details
Bust Four – Limit Buster!
Auction #A823013091 2011-09-22 13:06 EDT $1.56
Retail Price=$60.00 View Details
$100 Foot Locker Gift Card
Auction #A679622039 2011-09-22 22:35 EDT $1.08
Retail Price=$100.00 View Details
100 Bids Voucher
Auction #A987747491 2011-09-23 14:11 EDT $1.74
Retail Price=$60.00 View Details
QuiBids Ceramic Baking/Chaffing Heater
Auction #A874142415 2011-10-10 00:19 EDT $0.56
Retail Price=$68.99 View Details
Kalorik 7-Quart Slow Cooker
Auction #A125800591 2011-10-16 21:09 EDT $0.37
Retail Price=$56.99 View Details
Cuisinart Classic 4-Slice Toaster
Auction #A821505004 2011-10-25 22:33 EDT $0.44
Retail Price=$91.99 View Details
Cuisinart Pro Classic Food Processor
Auction #A457240429 2011-10-30 22:33 EDT $0.19
Retail Price=$162.99 View Details
Instant Immersion Language Software
Auction #A692407837 2011-11-17 18:51 EST $0.84
Retail Price=$50.99
Caitlyn says:
November 27th, 2011 at 3:28 pm
I’m not saying it’s a scam or not because personally I don’t care. It seems to me that yes, Quibids DOES make a huge chunk of money, however the price paid is coming from everyone, not just one person.
My question to you, T.Hoop, is that if you really joined Quibids on September 10, 2011, how did you ‘win’ all of those items at earlier dates?
steve says:
November 24th, 2011 at 12:31 pm
you are a flake you bought a bunch of items just because. Qubids is a scam and you are totally reeled in
November 22nd, 2011 at 10:32 am
Quibids is a SCAM! Any company that has to post a letter from their lawyers stating that they are legal should have been my first warning. I was lurred in by a fluff piece written by Quibids (I thought it was an article) saying how wonderful they were. I agree to pay $1.09 for some bids which was appeared as an online invoice. At no point did I agree to pay $60.00 and if I did it was because they SCAMMED me into doing so.
I take some responsibility for being such a darn fool but these guys scam you from the first. It is my mission to tell everyone I possibly can what scam artists they are. Thank you Social Media.
November 22nd, 2011 at 4:53 am
One star for maybe……..
I couldn’t get past THE RED FLAGS waving at me during the sign up procedure.
So, I just read someone can get an IPAD for $19.00 so I sign up. Sounds good to me. Step one is the usual chose a nickname, password, give your name and e-mail address and then step two immediately prompts me to buy $60 worth of bids and give my CC info!!! STOP WHAT IS WRONG WITH THIS PICTURE???? I can’t even chose how many bid to buy? I have to buy $60 worth?? What happened to the $19.00 IPAD?
I don’t care what you want to call it. If it sounds too good to be true then it probably is.
Killer Clown says:
January 13th, 2012 at 11:26 am
Remember, they make more money from the inital $60.00. Profits in numbers. In fact, there are people I know that have lst the $60 and just let it go as a “loss”.
aoii92 says:
November 23rd, 2011 at 12:41 pm
Reddiefreddie I had the same gut reaction. And didn’t like that there wasn’t a PayPal option either.
November 21st, 2011 at 10:40 pm
One bit of info watch out for the bid bots. There are many of them. I bid on 5 different things in a matter of 3 min every time i did the same two people bid two sec after i did. You look around at the bid at different times of the day-night and the same people are bidding. Yes i know people may live on here but its junk dont wast your money. The other problem i have is you have to buy bids and its impossible to buy extra bids. They want you to spend full price on bid so only bots win bids.
November 21st, 2011 at 7:00 pm
Qubids is a scam,
I tried it out the other day and I was amazed. 1st off you can watch bids happen as one gentleman suggested, but there’s no way of knowing how many people are bidding on the item. Anyone can join the auction at anytime so it’s not as if you just have to wait for people to tire. I watched bid go on for more than 10hrs (mind you I was gone for the first 4 running errands). I used around 250 or bids in the span of 6hrs (big Ticket Item. 250 bids in even an hour or too is conservative) while I saw one bidder bidding highly aggressively the whole 6 hrs. If that bidder left for ten minutes or so another high bidder would take their place. I would say that on certain items false bidding or price hiking is in full effect at Qubids.
November 21st, 2011 at 3:44 pm
i thought quibids was fantastic as i am a student i saved out on soooo much money!!! quibids is definitely the site to go if you don’t have alot of money to spend.
LumberJack says:
November 25th, 2011 at 5:42 pm
Don’t you hate it when people who say that your not a customer but an employee of Quibids when you know your not? But when someone says something positive about the company (which is legit, NON-Scammish) some people still want to say stuff just to say because of something that didn’t work out for them? If you check out YouTube, The owner of Quibds was on an interview. People who are trying to be scammish won’t make themselves known.
Jordan says:
November 24th, 2011 at 11:27 pm
Don’t you hate it when people from a company get onto forums and pose as a satisfied user of their product? I do.
November 21st, 2011 at 12:17 pm
I have bought two smaller items on this site. I bid once on one item and twice on the other. I paid one penny pluss sixty sents plus eight in shipping. Nowhere in town could I have found as nice a gift at that price. The other item also turned out to be nicer than advertised and I paid eight cents plus my one twenty in bids plus ten dollars in shipping. I am very pleased with both things. I have participated in a couple of big ticket item auctions and the other writers are correct in that there is a way it works. I probably spent six dollars for that lesson. As I am rsponsible for my own behavior, I don’t think that is anyone else’s fault. I am as “scammed” in this instance as I allowed myself to be. I figure I can recoup my money at any time with a gift card which I figured out before I ever bid on anything. For those who think everyone is entitled to win, it doesn’t happen anywhere else. Why should it happen here? By the way, I work in a library NOT for Quibids.
BS Detector says:
November 27th, 2011 at 1:32 am
And you work in library and can’t spell “pluss or sents??” What did you spend $0.01 + $0.60 + $8.00= $8.61 on?? A salt shaker?? And $0.08 + $120.00 + $10.00= $130.08, that was for what?? Did that include the initial $60.00 worth of bids???? Colady, my dear, you are full of BULL SHAT!!! And quibids is SCAMTASTIC!!!
Deman says:
November 22nd, 2011 at 6:26 pm
There’s something so comforting about someone who has to assure us they don’t work for the company being reviewed.
Well done Quibids employee XYZ. Well done.
November 21st, 2011 at 12:36 am
I started bidding on this Australian site, just for fun; I know from life experiences that I probably would not profit from the auctions.
I noticed on their invoice that they added 10% GST, when I queried that they said that had to because I was in Australia – THIS IS NOT CORRECT, as like many other businesses they can quote a price which includes GST.
Firstly I won an item that they could not supply, so they offered me an alternative item – better than nothing. The next item that I bid on was a Gift card which I won and the postage & handling charge was $1.99. when I won an identical item a week later the postage and handling charge was $3.99 – I subsequently queried the increase and they said that they reviewed their charges on a weekly basis and determined these charges on the previous weeks sales – NOT REALLY MY PROBLEM
I had continued to purchase bids and win the occassional item. I often noted other bids being submitted up to 4 seconds after the 0 seconds mark.
I had a friend of mine from NSW visit and stay with me for a month, and she thoght that the site would be fun. I referred her to the site and believe that I was entitled to the 25bid referral bonus that was offered.
When this was forthcoming, I was told that I was not eligble as she had given my address for delivery of her won items, and therefore she was a member of my household – NOT SO.
When my friend querried the non issue of my bonus she was told that next time she bid and won she needed to change her billing address at the checkout ( This was despite her asking Quibids to do this). When she eventually bid and won an item after returning to her home she was not able to change her billing address at the checkout. When she challenged she was told there was something wrong with her browser – NOT SO as she used the same browser to create the account.
Both she and I have found the support staff to be unhelpful and unsympathetic, and most patronising.
We had purchased a large number of bids between us and the 25 bids was surely insignificant.
Quibids appear to be interested in making money at the expense of poor customer service.
BEWARE BEWARE BEWARE
All I can say is BEWARE!!!!!!!!!!!!!!!!!!!!!!!
November 20th, 2011 at 10:47 pm
The fact that I had to pay for each bid should have been enough of a warning.
Once I saw the way this auction (VLT) played out, I got out ASAP!
HEED THIS WARNING: DO NOT SIGN UP FOR A BUNCH OF CHEAP JUNK AT A HIGH SHIPPING CHARGE!
$63.00 bought me two items worth $7.00 with a $12.00 shipping charge.
DO BEWARE, THIS SITE IS TRYING TO HOOK ADDICTIVE PERSONALITIES!
November 19th, 2011 at 8:16 pm
Sounds fishy to me – have any consumer agencys looked into this?
Mystiphi says:
November 20th, 2011 at 10:52 pm
They claim to be BBB accredited
November 19th, 2011 at 12:22 pm
Okay this is simple profiteering! Whoever created this, is genius!! I have never used QuiBids, and will never, for a simple fact, that it rips people off, a little from everybody. Lets look at their latest auction: “Apple iPad 2 64GB Wi-Fi sold at 75.32$”, which means that there has been 75.32$ x 1bid/1cent = 7532 bids total x .60 cents/bid = $4519.20 WOW!! You people just raised 4500$$$ for a 700$ item!! I mean, one person maybe happy, but the rest are just furious! It’s the same scam as the lottery – millions of people are miserable, while only very few are happy. If it was up to me, the lottery, and scams like quibid would be ILLEGAL. Imagine a common folk, who didn’t win something, how unhappy that makes them, now multiply that by thousands and millions of people who don’t win – these things make our society miserable!! Stop this nonsense!!
fool says:
January 7th, 2012 at 9:14 am
How can you be a smart buyer? When you win on a slot machine do you walk away and claim that it was because of your skill that you won?
DK says:
November 22nd, 2011 at 10:36 pm
Really can’t say the lottery is a scam. Lottery earnings go to your state and get redistributed into schools and medical and other areas that actually end up saving you money in taxes. So even though you may not participate in the lottery, it is helping public schools in your area. The lottery actually helps because the government gives public schools barely no money. But I do agree that Quibids is horrible. It might be good for one individual buyer, but the profit margin that Quibids is making is insane. They are making thousands off of one product that someone will ultimately win for dollars.
In_My_Opineon123 says:
November 21st, 2011 at 5:07 pm
Yet the buyer still does get a $75 iPad.
People just have to be smart buyers.
November 18th, 2011 at 6:39 pm
As close to a scam as possible in the United States, bidding pennies whereas 1 cent to bid costs the bidder 60 cents to begin with doesn’t save anybody much below retail.
November 17th, 2011 at 12:59 pm
There is no guarantee that you will win every auction you bid on with QuiBids, however there is somewhat of a strategy to it. It’s not 100% foolproof, but it requires some due diligence and patience on the part of the bidders.
If you have common sense and you are not incredibly impulsive, you will walk away a very happy shopper many times over.
I’ve been a member of QuiBids for a while now – most definitely NOT a QuiBids employee or friend of an employee – and at first I was really excited and did what many people do – which is to bid like crazy without watching and learning how it works first. (AKA – I had no patience, and I’d bid with the excitement over getting something “new” versus doing my due diligence) I lost every time and I was VERY upset! I could have written several nasty reviews myself at that point! However, I quickly learned that it is more than just a game. If you take the extra time to do what the smart bidders do – which is to simply WATCH auctions for a while to get an idea for how they run, see what an item sells for on average, and pay close attention to the activity of the other bidders on an auction you are interested in, it can be very easy to walk away with an item for just one or two bids. I’ve done it many times myself. It requires you to have patience, to be intelligent about your bidding practices, and to be vigilant about how much you are bidding versus what the item is actually worth.
For example, you need to pay attention to how many bidders are bidding, what the retail price of the item is, whether or not you really need/want the item versus just “playing to win something”, and what the bid price is up to when you decide to join in and bid. If there are 10 or more ACTIVE bidders, I simply won’t waste my time on that auction, especially if it is a small ticket item like a gift card or something that retails for $50 or less. If an items retail value is $25, I will not place more than 5 bids on the item and will only bid once I see that one or two bidders have been going at it a while and they are about to give up. Paying attention to those things alone will help you be a successful bidder with very few lost bids.
The negative ratings that are posted are by people who either A)Have never used QuiBids and don’t fully understand the concept; C) They have friends who have used it and lost their shirts due to poor planning, impulsiveness, and lack of patience; or B) Have used QuiBids without watching and learning first and who haven’t done their due diligence.
People like that are naturally going to be upset about losing their bids/money on an auction site, but unfortunately it is only because of their lack of judgement, common sense, and due diligence. It is NOT because of the site being a scam. I really enjoy QuiBids and would recommend it to anyone who is intelligent enough to make smart decisions and not be too impulsive with their clicker…
Jordan says:
November 24th, 2011 at 11:44 pm
momofthree.. you are a liabetic. You have liabetes. You have to inject yourself with insulying’. QuiBids is a load of C R A P !
MomOfThree says:
November 24th, 2011 at 9:02 am
It’s hilarious how all the QuiBids nay-sayers on this page think that anyone who posts something positive about QuiBids MUST be a QuiBids employee… Seriously???
Everyone has a right to their own opinion. Just because some don’t like QuiBids and feel free to post their complaints (as they should – this IS a site to give reviews, no?), I have an equal right to post my positive experiences. That makes me an employee? Or better yet (as some have suggested), the CEO!! LOL! Stick to writing reviews people…
Chloe says:
November 22nd, 2011 at 1:09 pm
Momofthree sure … More like quibids employee trained in fabricating fake usernames and stories.
Elektrickery says:
November 21st, 2011 at 5:39 pm
There can be only one (winner). All the rest must be losers, no matter how good the planning.
Cricket says:
November 20th, 2011 at 2:54 pm
Thanks Mr. Quibid CEO. Nicely worded.
MomOfThree says:
November 20th, 2011 at 1:55 pm
I most certainly don’t. I’m just a stay at home mom who is trying to get some decent items for my family for Christmas without spending an arm and a leg. I imagine several people can relate.
I’m simply pointing out that if a person is going to use the site in an attempt to get an item at a discounted rate, they need to be smart about their bidding and research. Like I said, I screwed myself over in the beginning like a lot of other people – many who continue to do so even after being members for quite a while because they are just plain stupid and have no common sense – but it was worth the loss for me because I gained the learning curve very quickly. Since then I’ve been much smarter about my bidding and I’ve been able to get several items with just a few bids. It’s not rocket science. It really isn’t. Whether or not they use bots to drive the bidding up, I have no clue. What I can tell you, though, is that even if they do use them, I haven’t noticed because I pay attention to the activity and only bid when the time seems right.
Based on that, and the fact that I’ve walked away with 13-14 items in the last couple of weeks with anywhere from 1-5 bids per item and a total cost to me (including bids and shipping) of less than about $9 per item, I’d say it isn’t a huge problem. You might say I’ve just been “lucky”, but I see it happen all the time so it isn’t just me. There are several auctions that I have lost, but I don’t lose more than about 5 bids when that happens. I don’t push my limits, and that works well for me. Other people push it, and it is ridiculous to watch. It’s those kind of people who don’t know when to quit (or when to START, for that matter) that makes QuiBids wealthy.
All I’m saying, is QuiBids has worked out pretty well for me, and for people who are smart enough to stick to their limits and not be so impulsive, it can work out well for them also.
vera says:
November 19th, 2011 at 8:10 pm
Sure you don’t work for them.
November 17th, 2011 at 1:18 am
The hurrendous use of the English language by people who support Quibids are obviously on other continents. Nigerian scam anybody?
cleansox says:
November 17th, 2011 at 2:30 pm
Speaking of proper English, I think you mean “horrendous”.
November 16th, 2011 at 2:34 pm
I’m glad I came here BEFORE going to Quibids. I am going to avoid it like the plague. Also, I noticed several people apparently believe in the BBB. I can tell you from my experience with them, they are a scam also. A business has to pay a fee to the BBB to be recognized by them. If you don’t pay the fee, there could hundreds of complaints but the BBB will tell anyone that’s looking that they have no information about that business.
BS Detector says:
November 27th, 2011 at 2:50 am
As a Small Business owner, I can tell you the BBB is a crock!!! They called for about a month straight, no less than three times a week, badgering me to join their Organization. I finally had to threaten the chick with harassment!!! They are only after the fees….kinda like Quibids.
November 16th, 2011 at 2:36 am
This is just like online gaming I swear, someone gets dominated and accuses the other player of cheating or glitching. Like what yall are doing now. Quibids is like a game or casino either you can beat it or you dont. Dont whine about it.
November 15th, 2011 at 11:19 pm
I have found the site to be absolutely amazing. My partner teases me and calls me an “idiot-savant” as I’ve been exceptionally lucky on Quibids. I spent 4 bids (total bid cost = $2.40) and won a full set of golf clubs + bag. I forget what the final total was but the final cost to me (including bids I spent) was a little under $36.00. The clubs came within a week.
On the same day…I bid 2 bids (total bid cost $1.20) on a set of Dr. Dre Solo headphones. Total cost for shipping + sale + bids was $14.24. Quibids is legit..and awesome…and the less of you that participate…the better my chances for winning great ticket items.
I didn’t bid on the big stuff for quite some time…and stuck to the gift cards….I’ve never paid more that $2.50 for a gift card (all $25 or greater value) and I’ve probably got 50 or so here on my kitchen table….cards from stores like Wal-mart, Target, Spafinder, Shell, Footlocker. I don’t work for Quibids..but have dreamed of owning such a business….I can see how they make their $. I’ve been lucky so far I suppose :).
November 14th, 2011 at 10:29 pm
funny how all the supporters of this gambling site all give it a 5 star rating. This is most certainly employees or owners of this gaming site.
November 14th, 2011 at 4:34 pm
How come no one posts how many bids they bought in total to get that big ticket at the low bid price. The winning bid of 50$ for a 500$ item is not 50$ its the total of all your other bids that did not win times .60 cents plus S&H. Also I have read that bidders have been stopped from bidding mid-auction seems to me that if you are stopped from bidding before the auction ends and/or there are bots used to bid it amounts to nothing more than fraud which some agency should investigate. FBI or the IRS and I mean like right now. Its the new theft. Why do we allow thieves to run free and we let them tell us buyer beware? Why can’t honesty be the policy. If you misrepresent by deception you are a thief no mistake about it. Penny auctions are not for anyone.
MomOfThree says:
November 17th, 2011 at 1:33 pm
The reason people are stopped from bidding mid-auction is because they have spent more on bids than the item is worth. I’d say that QuiBids is doing them a favor in that regard. On the other hand, QuiBids could be real jerks and allow people to waste their bids and rack up money for the company by NOT stopping them, but they don’t do that. People go on that site to purchase items for less than retail, not to spend twice as much, which is what would happen if they didn’t have this practice in place.
One thing to note here is that QuiBids only stops people from bidding mid-auction if they are using “real” bids (meaning bids they purchased for $0.60/bid) and they have spent more bids than the item is worth. However, if a person is using voucher bids (meaning bids they won through gameplay or won on auction) they can bid as much as they like and will not be stopped from bidding before the auction ends, unless they run out of bids of course.
If you are using real bids and you are stopped from bidding, you then can use those used bids to purchase the item instead of losing the bids. So that bidder still wins anyway. It’s not a bad thing at all, in my opinion.
November 14th, 2011 at 11:44 am
Hello, my brother and I have the same auction program. We refuse to advertise because the program uses “AUTOBOTS” ! Autobots are computer generated bidders that are activated when someone places a bid on an item. The autobots raise the prices by a cent or two, forcing the real bidders to place more bids. As mentioned in the main page, 1 cent bid costs .60 cents per bidder, so if selling price is $10.00, then actual price is $600.00 dollars collected for an item that may cost $90.00, amd the bidder must pay an additional $10.00 plus stupid shipping and handling charges.
These penny auctions, (skoreit, beezid, quibids and others) are popping up in commercials regularly on tv because of the money generated in bids. To my current knowledge, only 3% of all winning bids are real people, so all the .60 cent bids by real people who lost, generate alot of tax free revenue used for the low budget, pretty faced commercials.
Quite often, several hundred auctions are placed up daily, with many auctions, by only the owners of the program, are regenerated at regular intervals, or preset relists by the program.
Ask any of these companies to see their ‘warehouses’ for the thousands of products being sold, and they have to make an excuse for why the garage has a car in it. Items not won by autobots, but real people are purchased after the sale ends and then shipped.
Well, good luck to the few, the proud, the winners if you continue using these types of auctions. Personally competing against a computer, we generally are beaten. As mentioned in some other reviews, empty lots, car in garage, ships coming in, it’s in the mail and many other excuses, I didn’t feel it was worth lying to hundreds of bidders at my site.
Good luck all, and if it seems too good to be true….BELIEVE IT !
Steven Arvai says:
November 14th, 2011 at 11:52 am
Sorry, added an extra zero in the actual price, typing too fast..my mistake.
In addition, just check any site main page, and record some of the names used. Watch for 5 minutes, and you will see the same name bidding on 1 or more items. If you watch long enough, and calculate that bidders bids, say for instance, 100 bids in an hour, that name spends $60.00 an hour bidding on several different items, really, just watch the main page…
November 13th, 2011 at 8:34 pm
quibids is nothing more than a scam that’s sold as a place you can buy things at great prices. Don’t be fooled, its a scam.
November 13th, 2011 at 1:37 pm
You only use Quibids for things you more than likely would have purchased. For instance, you will not win an iPad for 20 dollars, even with that that is about 2,000 bids. You will need to spend at least 200 dollars on bids to probably win. It gets pretty aggressive for the high end items. The number you see such as: 34.66, is really 3,466 bids! So, a lot of bidding going on. Secondly, you can probably come out better with smaller items or items that people really aren’t checking for. All in all it’s an cool site, but you just ave to be realistic and smart about it.
You will not win an iPad for 30 bucks UNLESS you have at least a good 200 bucks to spend on bids. Macbook computers, be expected to shell out over 300 bucks on bids, like I said, it’s good if to utilize if you were all ready going to buy an iPad or a Macbook and if you’re looking for smaller items like gift cards or kitchen items. So just go in there with a realistic expectation.
November 12th, 2011 at 1:03 pm
Yeah I agree with Mon and for the first time I disagree with Reviewopedia,
Quibids is actually not a scam. The site clearly tells you in detail what the cost of bids are. I’ve seen many cases where customer’s have gotten very expensful purchases at DIRT CHEAP costs like for example the Mac electronics or other popular essentials.
Yes they do advertise their best winner where someone had won A Macbook Pro for $23, but that’s just to get you in. It’s not likely that your not going to get it for that price when you’re in a auction for the same product, but you can gurantee that it will be WAY cheaper than what you would have to pay at APPLE. Yes that may seem like false advertising, but who doesn’t do that with any company? All companies from what I see that want your business IS going to WOW you with great deals so they can attract you to their site so you can see how possibly you can get the deal too.
I believe Quibids is a great way to start bidding, and have some fun! I’ve tried ebay and I was promised a phone that worked “great”, a phone that “worked like new” and come to find out, it was a DUD phone that quote on quote worked great. With Quibids, you have 24Hr support team to assist you and ALL the products are new, unlike ebay. Keep in mind you pay for shipping in taxes, but that’s with any type of purchase. Plus if this was a scam, I believe the BBB would have not given them an A- or the site wouldn’t probably be accredited by them. It would’ve been a D or an F or something very low. Be Blessed!
BobsyerUncle says:
November 13th, 2011 at 9:06 pm
Average Rating for ” Quibids ” is 2.06 out of 5 based on 521 reviews… that says enough for me. No 3rd party protection for consumers, no warranty on items purchased as QuiBids is NOT an authorized retailer of any brand. Thats enough to keep me and my money going elsewhere. This isn’t gambling or auctioneering, its a suckers bet.
November 12th, 2011 at 12:53 am
I honestly don’t understand people who throw out the word “scam”, and “crooks” when describing something that tells you exactly what it is, so that you know what you’re getting into. Quibids clearly states what it is, and how it works. And yes commercials are supposed to be alluring and enticing, that is why commercials exist. But if you were dumb enough to just give your credit card without reading the fine print or seeing how the site works, then you deserve to lose your money. You can’t just call it a scam because you lost your money, especially when they’re not hiding anything from you or trying to trick you- that is the definition of the word scam.
For all the people that threw the word scam out there, were you really dumb enough to believe that you were guaranteed/promised to win an Ipad for ten bucks? And for those geniuses out there that try to justify their scam accusations with their version of math- 1000 bids for a 100 dollar gift card gives Quibids a 500 dollar profit (1000 x 0.6 – $100 = $500 profit)????- which part of the buy it now part don’t you understand? Even if just ten people who lost 40 bids trying to get it, decide to take advantage of the buy it now option, well then that cuts into the profits of Quibids would it not? Not to mention Quibids is a business, not a charity organization.
So give up your threats of class action lawsuits, accusations of scams, and your overall animosity towards this company when you should really be angry with yourselves for being dumb enough to believe that you were going to win thousands of dollars worth of products for 50 bucks. And no I do not work for Quibids, I just get really annoyed with ignorant people.
mon says:
November 13th, 2011 at 9:15 pm
flomar. I don’t understand what you mean by having to pay $1500 plus all kinds of fees(you are not paying for other peoples bids- you are only paying for your own bids, therefore you are not paying $1500 plus all kinds of fees). The only fees they charge are the shipping and handling charges plus taxes for the selling price not the retail price- you pay for the bids yes, but they will never charge you $1500 worth of bids for a $1000 product. And i personally have seen people win these kinds of products for 20 bucks with only a few bids, so they are not scamming you because products have been sold for these, and that is what they are stating in their ads. They are not saying that you are guaranteed to win them at these prices- they are merely saying that it is possible to win them at these prices and people have done so.
How is that a scam? Government owned lottery commercials say you can win millions- are they a scam because every single person who bought a ticket didn’t win millions? Car commercials entice you with all the positives of owning that car- is the company a scam if you have to take the car into the shop after a couple of years of owning it? That is how commercials work – they are designed to show you the best aspects of their product/services, and it is up to you to read the fine print and do your own research before giving your money to them. So I really don’t understand how they “took advantage of their good faith”- how can you honestly believe that a company could stay in business if they sold thousands of dollars worth of stuff for 20 bucks?
I’m sorry but that is the ignorance that I am referring to- people like you who think they were taken advantage of because they were “misled” into thinking that they were guaranteed to get expensive products for 99 percent off.
Lady Lott says:
November 13th, 2011 at 9:44 am
I can understand where everyone who says they are misleading in certain ways to spark your interest, because I was once there thinking that certain companies were false advertising. But now understanding how things and companies work, you have to be on the outside looking in. If your opening up a cell phone store and you want some business, you might start out by selling some free phones because people are looking to save money and possibly get something FREE of cost. What is the purpose of doing that? So that you can attract and grab a hold of a customers attention. But does that mean your going to walk away from the store with a free phone and no commitment to a contract? Uh uh, absolutely not. Companies know if they show people these type of deals, people are going to flock towards it. But don’t just assume that you can just sign up for something scott free and then BAM… your good. You have to work hard for anything worth value. So if you get Blessed and got something off of Quibids cheaper than what it could’ve been, hey then all the better. Unfortunately some people wouldn’t understand this from the business perspective because were not the company, were just the people who wants and thinks we can earn or get something with very little effort. REMEMBER, doing things the fast way, always leads to destruction and disappointment, but doing everything by taking it slow will produce results such as patience, endurance, and SUCCESS! Just to sum it all up for everyone, don’t dive in with your credit card right away without reading the companies terms. Then everyone can make their decision as to join a company or not to your satisfaction. Be Blessed!
flomar says:
November 12th, 2011 at 5:06 pm
They mislead the people; they say win a bid for $22 for something that is $1000 worth value and then you have to pay $1500 plus all kingd of fees and you say that is not a scam? They never say what that $22 means eventually.I have to quote you ” I just get really annoyed with ignorant people” yes they took advantage of their good faith and trust me it is a scam. All internet is full of selling dreams!!!!And of people who buy it!
November 11th, 2011 at 10:54 pm
Although, I have never been on Quibids, I find it hard to take it seriously when their commercial states that you can buy an Ipad for Twenty Thirty Seventy Three. You think after 2 years Quibids would have noticed and corrected their commercial.
November 11th, 2011 at 7:02 pm
The reviews say it all. There are a few select employees who come on to try and act like satisfied customers, but anyone who has actually used the site knows its a huge scam. Bots, bots, bots. Like many people have said in previous posts, they give you the easy win at the start for extra bids. Great 25 extra bids, oh and they charge you an extra dollar or “handling fees” which is just transferring 25 bids into your account. BS. Next it was obvious to see that once you sat back and watched the auctions that there were bots involved that would put in a last second bid out of nowhere even if it was just 2 people bidding for 4 minutes. Save your money and put it towards something else. This website will be shut down eventually, but for now do yourself a favor and avoid it.
November 11th, 2011 at 12:12 pm
The site is indeed gambling. If you get really lucky you can get some good deals. In the end you are likely to spend more money than you get back – just like gambling. There are lots of ways they get money from you beyond the bidding process. The delivery charges for gift cards and bid vouchers are outrageous (if you ‘win’ a bid voucher they charge you $1.00 just to credit the bids to your account – even though it is automatic). If you purchase a bid voucher (using the buy now feature) they consider those as ‘free’ bids – even though you pay for every penny of them. Therefore, you don’t get the advantages that come with ‘real’ bids.
Not a scam – but like any “it seems too good to be true” deal, it is.
November 10th, 2011 at 3:14 pm
I understand, this is gambling site. But person in right might should never bid on this site. Chances of you winning iPad or Camera is like winning a lotto. Save your money and take your family for nice dinner or so.
November 10th, 2011 at 1:14 pm
Those that are giving negative reviews, it’s clear you’re just angry because you’ve failed to bid properly.
You need to understand that this is gambling, just like at a casino in Vegas. You’re not going to start screaming “Scam” in Las Vegas if you lose a bunch of money at a blackjack table in a casino, are you? No, you should be gambling knowing that there’s a damn good possibility you’re going to lose.
Quibids is no different, but unlike casinos, if you do not win the auction you still have the option of buying the item you were bidding on for full price. Your bids even count as payment toward that item.
So to be smart about this and save yourself the anger and shame of simply tossing away money, you should only be bidding on items that you’re prepared to pay full price for. If you’re not doing that you’re only gambling and you deserve to lose your money.
And those of you that have claims such as “I spent $90 in bids on a $25 gift card.”: If it’s even possible on quibids to overbid like that, it’s you’re own stupidity that should be blamed, not quibids. Use some goddamn common sense and keep track of your bids. It even tells you how many bids you’ve made and what they’re worth. There’s no excuse for this kind of scenario other than the bidder being extremely dense.
November 10th, 2011 at 12:01 am
Here it how it works. At the beginning you have access to all auctions and you are able to easily win an auction. After few won auctions you can only see auctions where bidders loosing hundreds of bids are participating. At that stage you are also loosing money and the items are being won for 30% of the price not like at the beginning for 3%.
The difference in the available auction is enormous. For example for Gift Cards it is 10 times more at the begging then at the later stage when you are assigned to the “suckers” auctions.
November 9th, 2011 at 4:07 pm
***DON”T DO IT!!!***
It’s such a waste of money I was curious on how this works. TRUST ME it is not worth the money. You are better off just saving your money and buying the same item of Ebay. It is so hard to win anything. I basically spent $90 and came out with a $10 and $25 gift card from futureshop. So I basically paid $90 for $35 worth of gift cards. It feels good to win an auction at $.25 but then you still have to pay for the shipping and when you exhaust all the rest of your bids on that new ipad or iphone you’re left with nothing and in the end get less than you put into it.
I thought this was a great way to get stuff for less but in all honesty it’s not worth it. If you like to loose money then by all means try it out then you will see for yourself.
But hey don’t just take my word for it.
sean says:
November 9th, 2011 at 4:11 pm
The only people who are giving it good ratings are probably quibids employees or affiliates, cause I don’t know how on earth someone would think this is a good idea to try, after all the complaints and horrible reviews weigh out the good feedback from the bad and I guarantee you, you will see much more bad reviews than good. There are sites dedicated to tell you it’s a scam and not worth it.
It’s pretty much exactly on par with the pyramid scam!!!
November 9th, 2011 at 2:34 pm
I just heard about this about a half hour ago, and I’ve checked out the site and done some basic research. I’ve never used this site, but when something seems to good to be true, it usually is. If everyone could get an iPad for 30 bucks on this site, then everyone would be doing it. It’s just common sense. Just save your money and get a good deal on one of the many deal sites out there. This isn’t a Ponzi scheme, but it has the same effect. A few lucky folks will get a great deal, but most will lose. If the lucky folks go back again, they will eventually spend more on bids than if they would have just bought the goods they need. The real “winners” will be Quibids who rake in the dough, selling their items for WAY over retail with all the bid cash they receive.
November 8th, 2011 at 7:22 pm
I used Quibids for the first time today and wasted $70. I do think it is a legitimate site and that SOME people really do get great deals. This isn’t true for the majority however. You can strategize anyway you want but at the end of the day, there’s just no guarantee that you’ll win. I watched 9 identical items today thinking I could learn something from the first few but they were far too inconsistent. I even noticed that the first sold for $9 while the second that started maybe half an hour later sold for $0.40. So I decided to skip the next auction and bid on the one after that because it too started about 20-30 minutes after.
The one I chose to bid on (all my bids) ended up selling for almost $11. I also tried picking a specific point to enter the auction based on average prices as well as the highest they go for. This didn’t help either. If you have the money then fine. It’s just like any other form of gambling. Some people really DO get lucky, just not me. Lol. If you want to try it buy a bid pack and bid on an item you already plan to buy. If you don’t win they will at least deduct the money’s worth of bids spent from the total when you select BUY NOW. This does NOT work with vouchers; you don’t get the vouchers deducted if you lose..it has to be real bids. I think it’s an okay site for some all in all, just not for the majority of people.
November 8th, 2011 at 2:09 pm
Does anyone realize that most of the comments are from the unhappy customers, because only 10% of happy people ever say Thank You.
Thank You Quibids
November 8th, 2011 at 1:17 pm
I like this site. I was able to get a $700 Galaxy Tab for only $300. If you are willing to pay the full price for this item then it is in your best interest to try and save some money. The worst that will happen is that you have to pay the full price. The only complaint that i have is i wish there was more items, but I understand.
November 8th, 2011 at 8:30 am
This site is a scam… here is the contact information. if you have been scammed you should have the right to contact the scammer directly. Flood them with calls and let them know that they are ripping off honest people. This kind of unscupulous business practice should be stopped. It is racketering pure and simple.
Domain: Quibids.com
Address #1: (found in the domain site registrant info)
4th NE 10TH Suite 242
Oklahoma City OK 73104
(checked google maps and it is a construction zone)
domains@quibids.com
+1.4052533883 Fax:
Address #2: (found with a google search)
1601 NW Expressway, ste. 1500
Oklahoma City, OK 73118
Quibids phone number: (405) 253-2038
(405) 253-3883
1601 NW Expressway, ste. 1500
Oklahoma City, OK 73118
CEO: Mr. Matt Beckham
CFO: Mr. Jeff Geurts
Director of PR: Ms. Jill Farrand
Estimates show Quibids LLC employs 70 people
QuiBids has an estimated annual revenue of $70,000,000.
Better Business Bureau Rating: A-
http://www.bbb.org/oklahoma-city/business-reviews/penny-auctions/quibids-in-oklahoma-city-ok-90016706
Total complaints received by BBB: 587
I find it funny that the BBB has the vacant lot address listed as the business address. At any rate… here is the info I dug up with a minimal amount of effort… you can do the rest and contact the b@$t@rds if you like.
Anon says:
November 10th, 2011 at 7:28 pm
You are whats wrong with the world. In what way is it a scam? do you even know what the word means? They tell you up front how the site works. If you don’t win hey you got unlucky. i won a Tassimo $180 worth with 5 bids and received my item. I got lucky. Its gambling and its luck stop bitching at them if you won’t bitch at casino’s.
November 7th, 2011 at 1:50 pm
It’s a great idea… for Quibids. The blog hits it right on the head.
Another thought: how do you know all those bidders are real? There’s no transparency. They can automate the number of fake bids on items where they will lose money until they are above water. Better to not sell it and relist it than to sell it at a loss. At least the SEC monitors the fairness of the stock markets… who monitors QuiBids?
Patrick says:
November 10th, 2011 at 8:01 pm
let me do the math on $36 of 37″ TV
for every cent increase per bid, 36 * 100 = 3600 bids
for every bid 60 cent deducted, 3600 * 0.6 = $2160
If the calculation is correct, the 37″ TV was sold for $2160. “below retail”, you must be kidding me. You may pay less as an individual, but the company win big time in the end.
David says:
November 8th, 2011 at 1:59 pm
Because they sell them many times below retail. I bought a 37″ TV for $36. So i guess you don’t know what your are talking about.
November 6th, 2011 at 10:44 am
There will always be scams like this because there will always be suckers to participate. This company has found a niche.. a new type of scam online that is much like gambeling, and they created this. Even if you try it once this scam will survive.
November 6th, 2011 at 8:51 am
I won a $500 TV for under $40 including shipping, price of the TV and total spent in bids.
If you have no self-control and go in expecting to win every auction for next to nothing, you are delusional. It is easy to blame the company instead of yourself, but what Quibids has is an ingenious business. They have thought of everything. It is a great deal for smart bidders and the company makes a good profit off each product. The losers are the ones who complain they have been scammed….simply because they are idiots.
Good, more chance for me to win! Scam on Quibids!!
LOL
TheTruthIsOutThere says:
January 2nd, 2012 at 3:44 pm
Full Auction details posted here please, Kimberly (auction number and all relevant details including pricinga). Failure to provide such details will show you are a QuiBids affiliate and a fraud.
November 6th, 2011 at 5:21 am
There’s no point in rating this Quibids site, as it is a scam! A complete SCAM!!!!!!!! Hey Quibids… come and report me of what I am about to say. I am so sick of you, and doing it to us fellow New Zealanders and my fellow Aussies!! Since been in Australia for many yrs and coming back from seeing the relos over in NZ and the RWC… Quibids has been posting commercials on both Australian digital ‘free-to-air’ TV networks and in New Zealand. Which I don’t usnderstand, as the site is only for Nth Americans – as the postage costs are only for America. People overseas who also sign up with Quibids are absolute idiots, and are taken for a ride. If this is the case… I think this site is run by Africans on behalf of the NWO and American scammers.
November 6th, 2011 at 1:44 am
I reported them to my CC and now I’m banished from their site. I can’t use my 60 dollars in credits and I can’t get them back. You do the math!!!!
November 6th, 2011 at 1:02 am
I would not even go there(to the quibid’s site). If you use a Discover card you will not be backed by their policy. I’ve been through hell since my “free bid” that cost me $60.00, back on August 11, 2011. I am still am out the $60.00. 11/4/11.
November 5th, 2011 at 11:01 pm
This company is a microcosm of the problem today society. People wanting something for nothing. Then getting angry when they don’t get what they want. Really comical reading these reviews. Educate yourselves, go to work, work hard, and buy what you can afford. Remember?
November 5th, 2011 at 4:33 pm
I was charged 67bucks I did not bid Credit co.and I have submited a fraud claim it is a matter of principle time will tell…
November 5th, 2011 at 2:43 pm
I don’t care that this company takes your money like a casino. However, it is completely illegal to mislead consumers over the selling price of an item as quibids does on their commercials. Listen up John, John c, and all the other quibids people! Stop your unscrupulous practices or I will be forced to start a website against your firm. It should only take the interest of a couple hundred people before a lawyer becomes interested enough to file suit on their behalf. Take your money and run quibids employees! If not, prepare to lose everything in this life and your afterlife.
wildman says:
November 6th, 2011 at 1:20 am
Let’s start a Class Action suit against Quibids. Quibids the crookeds we’ll call it!!! I’m in.
November 3rd, 2011 at 1:09 am
Its not a scam its sorta like a casino, if your smart you will gain and can actually buy these items for less or very cheap and not be like the other 90% of the people on this page who complain because they’re simply idiots and loose money for their stupidity. I’ve been using quibids for 2 months and I lost only one auction, but i didn’t go off on a bidding war i simply lost under 15.00$, but every other time I would say I saved up to 80% or more on any item I want.
Just be smart if your not its better not joining these kinds of penny auctions.
November 2nd, 2011 at 10:05 am
I think one important aspect of Quibids the article doesn’t mention is that even if you do bid strategically and come out ahead in the beginning, the cards are quickly stacked against you. As part of membership agreement with Quibids, Quibids reserves the right to pick and choose the auctions (and difficulty) of the auctions that are available to any given member. So the longer you’re a member, the more you win and pay out, the harder they make it for you to continue winning. A couple of friends and I joined the site, and we would look at the auctions available to each of us in the same categories–and we were all being shown completely different auctions.
Since Quibids reserves the right to do this, as a member you have no control over it once you join the site and agree to their terms. But it does seem like a scam, because my friend who has been a member for longer than any of us (therefore has fewer auctions to bid on and are against more experienced members), always ends up in auctions that seem never-ending and there will be a bidder who has recently joined the site that day, or the day before, according to Quibids information. Their information doesn’t match up–and why would you punish returning customers by making winning harder? You should reward the customers who stick with you instead, it’s just bad business ethic the way they are doing it.
November 1st, 2011 at 10:37 pm
Here’s my story – I have won a few auctions, but I was surprised that Quibids actually cheats – I participated in an auction where you bid for bids – The count down timer was ticking and there was no other bidder – I bid at about 3 seconds and it said I am no longer allowed in a beginner auction (25 bid pack). The timer ran out – no other bidders.
Out of curiosity, I bid in another 25 bid pack auction and my bid was accepted – Quibids obviously rigs up auctions especially where there are few takers.
wildman says:
November 6th, 2011 at 1:22 am
I noticed that too. 2 or 3 ticks…your out
November 1st, 2011 at 7:27 pm
If all your doing is gambling on getting something for nothing then all you idiots are getting what you deserve… an empty bank account. If you bid on something be prepared to buy it, if you don’t win. Then your money you spent applies to the purchase price. If you do this your not out any money. Quibids makes its money the same way Vegas does, off greedy people who think they can win a 20,000 dollar car for 20.00 bucks. The people who bid on this type of item are not gonna pony up and buy it, so if they don’t win they are giving their money away. I bid on gift cards. the worse case scenario is that i pay 200.00 dollars for a 200.00 gift card plus 2 dollars in shipping. But occasionally I win one for 30.00 dollars and I’m way ahead. It’s not a scam. But its certainly a good way to lose alot of money if you dont intend on buying what you bid on.
wildman says:
November 6th, 2011 at 1:27 am
He’s an employee
wondering says:
November 5th, 2011 at 8:37 am
sounds like a slot machine at a casino. people take turns, each paying a set amount for a chance to win. doesnt sound like an auction at all. i wonder if john and john c are owners or employees of the site?
Phoebe says:
November 5th, 2011 at 2:19 am
I think you just hate to admit that you’ve been scammed.
JOHN C says:
November 2nd, 2011 at 11:53 am
You nailed it JOHN. ONLY BID ON ITEMS THAT YOU INTEND ON BUYING! The beauty of penny auction sites is that you can save significant money on items that you plan on buying anyways. If you lose the auction simply apply the cost of the bids to the purchase of the product and you have not lost anything.
November 1st, 2011 at 3:10 pm
Yes, big scam. Curiosity got me. They also charge you $60.00 off the top before you even realize you have registered. I entered my info in order to see how it worked, did not confirm interest in joining their page, and received a bill for 67.00 on my next credit statement, and am having hell of time fighting it..
Bob says:
November 10th, 2011 at 1:20 pm
You should know better. When would you ever put your credit card or bank information into a form on the web and not expect to pay for something? Besides, it TELLS YOU that you’re going to be paying for 100 bids.
bradford says:
November 3rd, 2011 at 9:29 pm
its says right at the beginning it will charge you for 100 bids…guess you should read before you click….gready gready
November 1st, 2011 at 12:58 pm
The bidding action on this thing is a total scam- several times I was the last bidder using Bid-o-matic going back and forth with a single bidder for at least 15 bids. For the hell of it, I shut down and stopped bidding to see what would happen- low and behold out of nowhere another bidder jumped in at exactly the right time to take my place and keep the bidding going- sorry- this is way to much of a coincidence
October 30th, 2011 at 9:11 pm
ONLINE BANDIT. a game site that is a SCAM. they take your money for membership and then cancel your ability to play once they have your money. while they wait for those to pay to use the site, they prey on information and steal identities and then set them up for a membership. they steal personal banking account information based on the personal information you give them to set up an account. BE WARNED! they are THIEVES. they say their website is safe, but it’s NOT. when the warning notes come up while you are downloading, LISTEN! don’t skip. dont’ say yes. say cancel and GET OUT!!! they are in it to take your money
October 30th, 2011 at 8:39 pm
Stay away from this scam. I spent over 250.00 to win 50.00 gift cards. Its impossible to win, that would be like hitting a long shot slot machine!!!!!!
Bob says:
November 10th, 2011 at 1:24 pm
Even if this were true and Quibids allowed you to bid beyond the value of the item, you’d only have yourself to blame for not keeping track of your bids.
JOHN C says:
November 2nd, 2011 at 11:56 am
What a load of BS! First of all, the quibid site automatically stops your bidding when you have reached the maximum value of the product. You can then simply purchase the product with the bids you used. GROW UP!
October 30th, 2011 at 3:47 pm
MAJOR SCAM! Isn’t this kind of thing against the LAW??? Can unscrupulous people now just build scams on the internet any time they like and not be prosecuted or punished or arrested???? WTF?!
October 30th, 2011 at 2:20 pm
QuiBids is a scam, which promotes itself (on its website, through widespread internet advertising and emails) as providing an opportunity for consumers to win luxury items at CLASS ACTION significant discounts compared to retail stores and E-Bay, and it claims that winning bidders on QuiBids.com typically save 80%-95% compared to retail prices. In one e-mail promotion, QuiBids cites a customer winning a $20,000 Honda Civic automobile for $1,740.78 in a two-cent QuiBids auction. That price means QuiBids sold 87,039 bids which were used in that auction. At $0.60 per bid, QuiBids grossed $52,233.40 from the bids alone, an amount that dwarfs not only any savings realized by the winning bidder individually, but the retail cost of the car. This illustrates the critical difference between QuiBids and E-Bay – losing bidders on E-Bay do not pay anything.
Per one of the lawsuits against them, “If they want to operate their business like a lottery, then they need to tell people the truth about their chances of winning — which are SLIM TO NONE.”
hey dummy^^ says:
November 5th, 2011 at 2:08 pm
yeah so really its not a scam… actually if you think about it everyone wins. Its a great idea for a company. They strongly encourage you to read everyting about what your getting into before you start so you are completely aware of what your doing. and say a 100 dollar gift card goes for 2.5 dollars… well thats 250 total bids right so the company gets 150$ for that card and makes 50% profit “OH MAN WHAT A SCAM!”…. well no because the winner of that auction also won the gift card for 2.50$ and saved 97% on that card, and hey maybe that person went through 50 bids… which means they spent a total of 32.50 and still saved almost 70%. whsta that mean? well it means everyone wins… i dont care how much the company makes if i am also making money, i feel like thats the perfect deal.
But what about the losers of the auction… well they knew what they where getting into when they started and maybe they shouldnt have been dumb about things and bid like crazy. But you can just BUY IT NOW for the price of the actuall item, so if there is something you want and you bid on it the worst that can happen is you pay full price, you wont actually lose ANY money.
I baught a 60 bid start pack and read up on everything.. then i watched bids go for almost a month without making one bid. Then I staretd small on bid vouchers…
well guess what i now have over 900 bids stocked up in bid vouchers and have won over 600$ in gift cards… and yeah I never spent more than the initial 60$ sign up.
this is not a scam… people are just stupid
but thats ok because the stupid ones help me make money
so thanx :)
October 30th, 2011 at 7:11 am
Major scam! I can’t wait for a class action lawsuit so that I can get my money back.
October 30th, 2011 at 3:43 am
great info
October 29th, 2011 at 5:23 pm
Of course it can be a good deal. If you’re the one who wins, and you didn’t bid too many times. But the odds are stacked against you. It’s practically a pyramid scheme. Alot of people pay a little and a few people reap the rewards.
October 27th, 2011 at 1:23 am
I would like to say that i did try quibids and i did indeed win some good stuff. one thing is that you have to have control this is like gambling you need to know when to bid and when to stop.if you go on a on going bid war forget it you will lose lots of money.all i need to say is that its ok if for you this is a scam but i dont think that way any company in this world needs to make profit somewhere somehow or else we would not have business some have the simple opportunity to make more profit well its their right…don’t we all wish to one day have a company that we came make alot of profit to have a well and comftable life. So in regards to quibids i say its pretty ok not something for everyday but time to time and not recommended for big gamblers or someone who has no control.
October 26th, 2011 at 5:53 pm
Absolute scam – AVOID
October 25th, 2011 at 9:02 pm
SCAM!!! I will not be doing this again.
October 23rd, 2011 at 10:32 am
Wow! So glad I checked this out first. I thought “hey good idea for christmas shopping!” after I seen the add on TV. Thank you for the info! Its really appreciated considering in todays economy NO ONE can afford to loose money or be scammed!!! THANK YOU!
David says:
November 8th, 2011 at 1:56 pm
John C.
I don’t think any of these people listened and read the info page first.
JOHN C says:
November 2nd, 2011 at 11:58 am
It is not a scam, you simply have to use your head; apparently the majority on this site are not that smart.
pamela amerson says:
October 30th, 2011 at 9:23 am
Me too.
October 22nd, 2011 at 3:05 pm
This is a horrible scam! Don’t even fall for it!
October 21st, 2011 at 11:52 pm
I rate this article 5 stars for exposing the truth. Thank you, I knew the commercials were too good to be true. Who can stay in bussines by sell below retail? This is the first time I have ever heard of penny auction sites.
Thanks again.
October 21st, 2011 at 7:40 pm
I thought it was all good until I saw the ridiculous prices for bids! Do not join quibids!
October 20th, 2011 at 2:35 pm
I just got pulled into the website by accidentally clicking on the link on the foodnetwork website – which is so wrong in and of itself – so I decided to quickly see how legit it is, because honestly Ebay has really irritated me lately as a small-bit seller so it’d be nice to find something else…well this is definitely not it! I am so sad there are so many scams out there that any of us can so easily get suckered into, and this one has high priced advertising on legit websites too! I really hope the attorney general or some big agency we fund with our taxes will take them down soon! I think Ebay has their own share of fleecing their customers but no where near this level, and at least they are fairly transparent about it. Very upsetting.
By the way I saw the repeat bidders one lady posted about, that is beyond shady! And at least with ebay this kind of behavior is strictly prohibited (bidding on your item items for sale) that if they find that person will be booted from their membership and the sale is voided.
Ed says:
November 25th, 2011 at 11:09 am
Sorry but ebay can be used the same way, you could have one of your friends join and drive up the bids, any online site like this where you can’t have absolute control can be misleading.
October 20th, 2011 at 10:06 am
It should be against the law for this sort of BS to be happening. I figured if it seemed too good to be true, it probably was. Sorry to hear about you other folks’ misfortunes.
October 17th, 2011 at 9:13 pm
I was going to join but didn’t want to pay the large $60 start up fee before knowing it was legit. When I was about to leave the site, a chat box with a “live” agent popped up. We argued about whether or not she was real for like 20 minutes and then she apologized for having limited information because she is virtual agent. Waste of my life.
Nicole says:
October 25th, 2011 at 11:17 am
same here. that is exactly what I did. haha
October 17th, 2011 at 4:16 pm
hello everyone,,i just got taken by this site it is a fraud site,,i lost only $30 when i realized this cant be true! so i quikly email them I demand my money back, they only offer to return me the BIDS that i have left. How ever for those saying that this is ok and you’re supposed to know when to bid and be smart etc,etc,, you are wrong!!! The even have a short clip of channel news 9 bragging of how good it is to win something LOL,,anyway for those defending the site saying is good and u have win etc,, It took me 4 hours exactly just monitoring ending bids,,not only was i monitoring the bids but the bidders as well,,i wrote down names of bidders and started tracking them thru other bids when i realize,,WHOA! theres no way that bidder will bid so many times to win this item wich is worth XXamount of dollars,,
4 hours just tracking and cheking everything,THEN very, very stupid me start bidding on an item wich was up to $5 dollars already and see if i actually will get a chance,,when i quikly saw 3 new bidders when i start biding and I spent 50bids just to see if I can really win something then i stopped and just counted how the 3 new bidders each BID 100 times more on the item and i just got super angry. I emailed them and demanded my money, which only half is going to be return because they said they cant give me back what I already used biding,,and they also charge dme for those supposedly 3 extra bids the give u when u register,,SO PLEASE BEWARE YOU WILL LOSE HUNDRESDS BEFORE WINING A 50 dollars ITEM QQ
October 16th, 2011 at 6:48 pm
Watch Out! It’s all false advertising. No one wins an item for what they claim. Paying 60 cents for each bid and winning an item for $2.00 doesn’t mean you paid $2 for it. Don’t fool yourself. If you don’t win the bid and you try at least 2 to 3 times to win the bid do the math. It’s like roulette, you don’t know when your number is going to hit.
Stay Away! Remember, if this quibids goes out of business try to get your money back that they’re holding. Give it time, they’ll be gone soon.
October 16th, 2011 at 5:31 pm
Super scam. Super, super scam . And yes someone need to shut down this robbery site. I do agree with mario.
October 16th, 2011 at 10:13 am
The only ones making vast sums of money are the owners of the site. The good thing is that after buying one of their packages no one goes any further and deactives the account, at least that’s what I did.
Shame on these thieves!!
October 14th, 2011 at 2:08 pm
I think QuiBids is a great idea if you have a lot of money to spend and want to get a good bargain. I bought the beginners pack to try it out and after my hundred bids were up i did not renew. The thing that got me more than the money was the time I had to put in. I got a few items for cents which was good but then I realized that at 7 in the morning i was sitting in front of the computer looking at bids instead of breakfast. It wasn’t my cup of tea and I would not suggest buying hundreds of bids until you’re sure it is what you want to do.
R. says:
October 25th, 2011 at 6:13 pm
I actually bought the beginner pack to which I don’t really regret because I won two items. Since I don’t have any bids left, I am not going to bid again. It’s bye bye quibids.
Tim says:
October 15th, 2011 at 10:36 am
Good point. I think that is what QuiBids is after, The Home Shopping Club crowd. Lots of time, lots of money and nothing better to do.
October 14th, 2011 at 7:15 am
Just read the reviews and have analysed the website and would like to thank everyone on this site for input to save me money.
First look is this is great. But when a person starts looking at it and reading about it I have come to realize that no person in there reasonable mind would do such for the following reasons.
1.) They deal with issues by giving you bids and not cash back. Yet you just keep giving them cash.
2.) Voucher bids have no value meaning they cannot be deducted from prices of items that a person does not win.
3.) Getting item at market value is not a discount. Just go buy it.
4.) REferring friends to this site only creates competition and jacks up prices. Don’t do this.
5.) Majority of customers do not win.
6.) Potential of scam bidding.
7.) If you win you have no manufacturers warrantly. Sure it is new but new does not mean it has coverage.
Thanks, I will likely be the first person ever to look at this and walk away before losing a bundle.
October 13th, 2011 at 11:16 pm
TOTAL SCAM… I saw this on TV/GMA and thought well why Not try never got into ebay, so I gave it a try. I spent $170 on bids won an Iron that valued supposedly at $38.99 for 1 bid. Ok, I thought, Now what… well now you pay additional $9.99 for shipping and handling. Then I get an email from Quibids saying that this item is out of stock, sorry we can replace it with another equal or less value item, plus give u 25 free bids for the inconvenience. SO since they will not give money back my only option was to replace it with a hand held blender that was valued at $29 well somehow Iron’s value dropped to $26 and not $38.99. And to top it they charged me $9.99 to ship this hand blender, yet on their website it state the S&H is $8.99 I complained they gave me 15 more bids. I don’t want them just want the money back. I hope no one else falls for this I seriously doubt that I will be getting this so called blender.
FYI-STAY AWAY says:
October 19th, 2011 at 1:06 pm
Update today is Wednesday October 19th and I DID receive my Hand held smart stick blender. In great condition New and delivered Via Fed Ex. So i want to go ahead and give them 3 STARS since i got the product. Im happy that i got something out of $161 dollars. SO be careful not to over do it and over spend you Money on bidding remember that you most likely will have a better chance in wining a smaller item since its in stock more then Laptop or Ipad. Or even better to just go and Buy it on Amazon. Good luck to you, be smart. I will not be trying this gain.
FYI-STAY AWAY says:
October 18th, 2011 at 12:55 pm
it’s October 18th and I didn’t get any blender nor did I get an email letting me know its been shipped with tracking number. I emailed them today will keep you updated.
October 13th, 2011 at 8:52 pm
I think what Quibids has done is amazing. They’re making a huge profit on things while giving a good deal to customers. It’s an awesome business plan. And If you actually read the fine print and do your homework then you shouldn’t have anything to complain about their website.I never join anything without knowing all I can know about it, and quibids for me is legit. I really do make good deals on there. I got an Ipad 2 for 9.36 with 15 dollar shipping (a bit expensive but worth it. And I only bid 7 times. And this isn’t the first thing I’ve won. You should really try something before you knock it.
Nicole says:
October 25th, 2011 at 11:23 am
you personally are not paying more than it’s worth. The company is making more than its worth (QuiBids). Basically, they buy the item and sell it on their site for incredibly cheap. You pay to bid, but their are a bunch of other people bidding as well and they charge per bid. So by the end of everything the item sold for more than it’s worth for Quibids, but for you, it sold for much cheaper (if you win the item) even with the charge per bid. Everybody wins.
Andy says:
October 16th, 2011 at 1:49 pm
once they called me and offered $500 if I made a good video and just say quibids is a good place to win something. they probably would pay to such a stooge person to brag about them.
Bandit says:
October 14th, 2011 at 10:31 pm
Yeah, I agree with J.D., you probably work with them in order to bring in more unsuspecting customers. How the hell is paying more for something than what it’s original value is even considered good business? You need to stop smoking that super glue.
J.D. says:
October 14th, 2011 at 4:25 pm
Your a stooge for these guys.
October 13th, 2011 at 6:38 pm
I have been using Quibids for about 3 weeks now and have kept track of all money spent, from signing up to shipping to tax. If you know how to bid and what to bid on, you win. So far I have spent $250 an have received $600 in mostly gift cards but also a few other items. You have to know what to bid on and when to bid and how to bid. There is a trick to winning without using many bids. Of course I’m not going to give it away. I can see how it can be scam for some. My husband tried it and totally got sucked in because of his need for immediate gratification to win. You have to be patient and know what to look for. For those who love to gamble, this is fun and right up your alley. However, you can lose alot just like gambling. So if your not patient and you cant figure the system out. DONT SIGN UP! Because you will het sucked in and you you will lose. Good luck.
g says:
October 27th, 2011 at 10:29 pm
tim, it is not unusual that she won a lot of auctions in that time because you can bid on these things that are called “limit busters” and they allow you to win more auctions
Keep Track says:
October 19th, 2011 at 8:08 pm
It’s funny because after trying Quibids and reading all if these reviews I thought maybe I should stop bidding. It doesn’t bother me what you guys say in return, I’m just giving my opinion supported by the facts of what I have won on this site. I have not won all my bidding wars but when I’m patient and do the research I tend to be more successful. I had to learn the tricks of bidding myself and thats exactly where it’s going to stay. You have to figure out when there is lesser traffic and pay attention to the number of buffers. Not the number that it states in the last five minutes but look at the bidders yourself and count how many are there in the bidding war. This will help your chances of jumping in at the right time depending on the prize and the amount the prize is already at. As far as the technique of the actual bidding and how to utilize the bid-o-matic tool, you’re on your own. Good Luck!
Tylor says:
October 18th, 2011 at 9:46 pm
I’m sure that Keep Track is telling the truth and for 9 low payments of $19.99 she will share her “secrets” with you and anyone else dumb enough to buy beach front property in kansas.
J.K.G says:
October 17th, 2011 at 2:52 pm
Keep Track, what are you talking about? Apparently everyone thinks this is a scam except for you because you know the “system” yet you won’t “share the secret” so people can try it out and see where you are coming from?
You’re full of it.
If you are winning and to you, it is not a scam, tell people what you are doing to defend your argument.
Keep Track says:
October 17th, 2011 at 12:57 am
Not true Tim. Maybe you should do a little more research before you pipe off. My husband and I both have an account and amazingly we ARE in the same household. We can not bid on the same items at the same time but we can both bid on our own accounts. And I have done magnificently well actually, hence the post. I’m not saying it’s for everyone, it’s like gambling. It’s fun but if you’re not careful and patient you can lose…. ALOT!!
Tim says:
October 15th, 2011 at 10:27 am
Interesting. You can only have one account per household, only win 3 auctions a day and 12 auctions in 28 days. You managed to do an awful lot in three weeks. I’m not sure about this post!
October 12th, 2011 at 11:31 pm
Avoid this scam, these people are parasites, you will win
and lose big all at the same time.
October 12th, 2011 at 7:07 pm
One thing to add to the above:
Once you pay for a Better Business Bureau membership it is extremely hard to have your rating drop below B. That was on 60 minutes. They signed up a fake company and got an A Immediately. Wolfgang Puck on the other hand has a C because he isnt a member.
I spent 12 hours watching the bidding on the site then decided I needed to rack up MANY bids to win anything, like 500. I set out to win free auctions and decided to do so at 4-5am EST because statistically I should have extremely low competition at that time of the morning. In fact there were no “Big Ticket” auctions to bid on, which made logical sense.
However, due to the “Bid-O-Matic” option I was unable to gain traction against robot bidders. The site states that they do not shill bid however it gets pretty hard to believe that when 6y54361563tgas wins items from you at 4am.
Is it a scam? I think so yes. The one item I did win, a 15bid auction for 1 penny from the beginner auctions had a 50 cent “Shipping fee”. Shipping where? I run a non auction retail site and I am pretty sure that if I were to try to charge someone to ship them a virtual item I would be strung up by my toenails pretty damn quickly.
If you like losing lots of money this is a very fast way to do so. Stick with live auctions or Ebay, its actually much more cost effective.
-Jon
Jon Again says:
October 12th, 2011 at 7:10 pm
I meant bid auctions not free auctions. They have “Bid Vouchers” you can win, my thinking was to win those and build up a bank of bids.
Also, they automatically set you up to use your paid for bids prior to your “Won Bids” and the “Won Bids” have a much shorter expiration date on them.
Oh yeah, thats another thing, the money you pay quibids for bids can literally expire. Its a fairly long period but its another example of how their system is distinctly anti customer and pro Quibids.
October 11th, 2011 at 9:50 pm
Penny auctions are a scam, clear and simple
October 11th, 2011 at 6:05 pm
Holy cow, I am SO upset by QuiBids!! It seemed like an OK idea, I realize that they make TONS of money on some auctions, but there is always the chance of pulling off a really good auction and buying something for a deal. I played with it and I think it’s like gambling – some win, some lose, and in the end QuiBids always comes out on top.
Anyway, what got me especially was that I started bidding and playing around, thinking that I would combine my bids and shipping (as any eBay customer would think of). To my shock and surprise, the auctions that I DID WIN, I ended up LOSING COMPLETELY – my MONEY, MY BIDS, EVERYTHING. Apparently they have some rule in the fine print that if you don’t pay (all that would be left to pay should be shipping and handling) within ONE WEEK, YOU LOSE!!! They take your money, the bids you invested, EVERYTHING!!
WHO ON PLANET EARTH DOES THAT AND GETS AWAY WITH IT???
I think it’s dishonest Robbery, plain and simple!!
October 11th, 2011 at 3:35 pm
Stay far far away from this scam. I “signed up” and they immediately charged me 60 dollars with three free bids! I then tried to get my money refunded and they charged me for 2 bids @ .60, yet they claimed I got three free ones? I called and the lady called me stupid and threatened to not refund me my money. I stayed connected and she would not refund my money saying it was my job to read the fine print and that I shouldn’t have signed up if I didn’t want to be charged the money, yet you can sign up on eBay and not be charged anything until you actually bid. The lady also attempted to tell me the customer (me) was wrong and usually is. This business is a scam and they are out to get you in any way they can. I have also submitted a claim through the BBB and they are in the process of reviewing it. DO NOT USE THIS BUSINESS!!!!!
October 10th, 2011 at 12:07 pm
An iPod valued at $660 is won at a $98.35 bid. An increase of 1c perbid indicates that 9,835 bids were placed. 9,835 bids @ 6oc each comes to $5901. The buyer happily pays $98.35 for an item valued at $660. That leaves a profit of $5802.65 for Quibids. NOT illegal just a dishonest scheme of bilking the public. BBB were also wrong to give this outfit their blessing.
God says:
October 15th, 2011 at 3:02 pm
This is to HIM. You obviously don’t know what you are talking about. Each bid costs $0.60 (meaning 60 cents), not 6 cents. Review the fine print!
Reply to Him says:
October 11th, 2011 at 11:31 am
It’s 0.60 and not 0.06. Disgusted’s initial calculation is correct.
james says:
October 11th, 2011 at 11:03 am
Him,
It is not .06 cents it is .60 cents. Sixty cents per bid. Do you have any idea what you’re talking about?
Him says:
October 11th, 2011 at 9:31 am
It’s 9,835 bids @ 0.06 cent per bit
so it actually come to $590.1 and Quibids actually loose $69.9, if they got the ipod for $660.
October 10th, 2011 at 12:46 am
Yes, QuiBids is a scam. I played the game for a week or so, won a few retail cards, I won one card and hadn’t placed a bid within the last 30-45 seconds? I think when you first start they help you win something to hook you. After the first few days winning seemed to get much harder. I’m not convinced that it is 100% honest that’s for sure.
October 9th, 2011 at 1:03 am
Here’s something to consider about Quibids, 535 complaints have been made to the Better Business Bureau in 3 years. Go the Quibids home page and click on the BBB logo. They have an A- rating which doesn’t sound bad but 535 complains isn’t good.
TheTruthIsOutThere says:
January 2nd, 2012 at 4:12 pm
Not quite, Ian: Quibids is actually ‘Quibid Holdings, LLC’ which is listed as a ‘Internet Auction Service’ and is actually based in Toronto, Canada. This Quibids is NOT accredited with being a BBB member. The only BBB accreditation they claim to have is for the WHOIS domain registration office they claim to have in Oklahoma.
October 9th, 2011 at 12:56 am
An insane way to spend a ton of money but can end up losing. I can think of better things to do with $50 or $60!
October 8th, 2011 at 5:58 pm
Just have a look at this link on a closed auction. The winning bidder lost more bids than they were bidding on. Who does that? Caveat emptor.
http://www.quibids.com/auctions/651388084-100-Bids-Voucher
james says:
October 13th, 2011 at 11:55 am
Yes Greg,
I know exactly how vouchers work. But, it stands to reason, that if you have lost 100 bids on a 100 voucher auction, to buy the vouchers and save the 70 additional bids (170 total) this person lost just make 100.
This auction participant essentially gave away $42.00.
The voucher system is B.S. and is precisely why this site is just gambling in a different package. And at the end of the day the house get paid exorbitantly.
Its a place for suckers to lose their money. And sadly, it seems to take advantage of those that can can least afford it. Not to diminish personal accountability, but this site hides what it is.
At the end of the day, look how many negative reviews there are as well as the number of complaints to the BBB.
On on another note, why not cool your jets on the hostility. Is it anonymity that makes you brazen or just too much liquor? I’ll “yapp” all i want, last i checked the 1st amendment protects this, and if think for a moment you’re gonna bully anyone into silence, well you’re sadly mistaken.
Is it possible you’re just a Quibids shill trying to defend against what so many are coming to realize?
Greg says:
October 12th, 2011 at 1:49 pm
So what? You can use voucher bids and end up using 10X the item. Big deal…do you even have any clue how voucher bids work vs real bids? Go learn before you start yapping.
October 7th, 2011 at 5:41 pm
It is pretty simple, it is auction lottery! odds are bad but those who win get great deals
cm says:
October 11th, 2011 at 12:49 pm
It’s like going to the casino. If people can’t figure that out shame on them. It’s gambling. But I commend these people for coming up with this. Smarter than the average person and people are mad that they didn’t come up with the idea first. good for them to be able to make a living.
October 7th, 2011 at 6:27 am
I won some stuff at first but then started to lose A LOT. I decided to try again and kinda wasted a lot more money but that was because I wasn’t bidding properly due to bidding on like 10 different items at once. In order to win something you have to watch who’s bidding, how long they’ve bid for, how many people are bidding, and just get an overall feel for it. I remember coming into this bid where two people were duking it out for at least 20-25 bids, I started up bid-o-matic and won with just 1 bid. You won’t win a high ticket item with just 100 bids (60$) and 15 minutes of your time. Long time winners watch auctions for hours and have excess amounts of bids because they expect to spend several hundred bucks on a thousand dollar item.
CautionsBidder says:
October 17th, 2011 at 4:54 pm
The problem with spending a hundred dollars to try and win an thousand dollar item is that there is no guarantee that your $100 worth of bids will make you the winner. Quibids is more like a sweepstakes. After many hours of your time, you may win. You may lose. But each bid costs 60 cents. So 100 bids costs you $60 whether you win or not. To me it it’s like putting 60 cents into a slot machine and pulling the handle each bid. The odds are not in your favor, but there is a slim chance you may win if you keep on trying.
Too me, Quibids is a tremendous waste of time and money. Life is too short for this material nonsense.
October 6th, 2011 at 5:19 pm
I’ve been reading these reviews and one thing you all seem to not understand is that, yes, Quibids is making tons of money from each auction from all the money people spend on bids, thats the point of a business. That doesn’t mean you are spending more money than retail if you’re smart. If you use common sense when bidding and set limits for yourself, you won’t lose tons of money. All you have to do is use common sense. If you do it right you will be fine, just make smart choices.
AnnoyedBy says:
October 11th, 2011 at 6:46 pm
We don’t fail to understand this very basic concept. You’re boiling down a complex argument to something else entirely.
The AMOUNT of money they make is the issue, not that they make money(as any business should). The fact that they’re making over five thousand dollars profit on a seven hundred dollar item.
That’s about 6 times more profit than cost. That’s the real issue, corporate greed. When a company screws 6 customers to give a 7th a “good deal” then I’d call that a scam.
October 5th, 2011 at 1:22 am
I have found this site to be great fun.If customer support is needed it’s imediate.I have only been using it for a short time and I have had 6 wins.paypal is an option I use.Although they are only small amounts to cover delivery I feel very comfortable dealing this way,not like another shopping site I will not name.I should but it would not be published.
mario says:
October 12th, 2011 at 3:42 pm
yes this site is super scam I’m also a victim of this site. I thought i can win something but ended losing more money for a digital camera worth of $150. I bid 300 dollars for nothing imagine the cost of the camera is only 150 but the bidding still go on until i bid all my money and also I noticed there are 3 people whose blocking me not to win even they spent more than what i spent. Very obvious these people are not ordinary bidder but an employees of this scam site. Should someone need to shutdown this robbery site.
October 4th, 2011 at 7:35 pm
this needs to be report to the BBB and government trade commission. Please do not fall for their crap.
October 4th, 2011 at 1:48 pm
if any one is tech person (may be programmer). people can write a program for the autobot to add new bid for expensive item.
So, it means that you are against with autobot with unlimited amount of money when you are trying to bid for expensive item.
YOU CAN’T WIN!!!!
October 1st, 2011 at 3:01 pm
Look at all the things they sell. If a $25 gift card sells for $0.55, then there were 55 bids. Multiply 55 by $0.60 because that’s how much each bid cost, and you’ll get $33, which is how much they would make. Now imagine all the things they sell in one day and the profit their getting. It is just like a poker game. Anyone have proof of bots?
October 1st, 2011 at 1:15 am
Quibids is a SCAM! Their site and system are setup to be unfair and take advantage of users. Their “automatic bidder” is bs!
BE WARNED. Save your $60.
September 30th, 2011 at 2:40 pm
One other note on the “penny auction” system as a whole. Since there is no set time limit on the bids and the “auctioneer” is actually the seller what is stopping them from using shills to spike the action? A seller in a regular auction may do this to drive the price up at the risk of having to pay for the privledge of buying his own item back but in this system the company makes money on other bids whether they have to buy their own item back or not plus they would only pay fees to themselves, not to a 3rd party. With no time limit a group of shills could also keep bidding until a legit bid comes in. Not saying that this is what happens but the potential is obviously there. Can you say stacked deck?
mario says:
October 12th, 2011 at 3:58 pm
i agree with u i was victimized by this site imagine i started bidding 9am and ended 8 pm i waited to those people who bidded for so long to end their bidding but they don’t go away they kept blocking me until i lost 300 dollars. I concentrate for 1 item only so i can maximized my money but those guys they kept blocking me not to win until I’m running out of money. I guess I challenged the bot account that the company setup. In short, you have no chance to win period. Those accounts who won, those are bots.
September 29th, 2011 at 12:09 pm
Quibids is great if your not an idiot. Of course they make a ton of money off bids they didn’t make the site just so you could get a tv for 30 bucks they made it to make money. As long as you never bid on stuff you would not normally buy or afford then you will always come out on top. Coming in bidding 10 times on this 10 times on that 10 times on something else not winning at all then complaining about being completely stupid. there are many safegaurds in place so that the idiots out there dont completely get ripped off you can’t bid twice in a row you can’t spend more on bids then the item is worth you always get the option to put spent bids towards the price of the item. I guess the lesson is if you only have 100 bucks don’t try an win the $2500 tv and you wont be a sucker. But I thank the morons that keep prices down on the site THANK YOU.
September 29th, 2011 at 10:42 am
C’mon, people. Grow up and quit whining. Yes, they make money, but if you read the rules, you know going in that you have to buy bids, that each one costs you, and that winning is a game of poker, going to the last person to blink. That person can save money big time. Everybody else loses what they tossed into the pot. Be grown up. Accept that you are risking losing all you put in for bids because this is gamble, just like life.
September 29th, 2011 at 10:28 am
I signed up but never bid on anything and when i protested to Discover card which theyhad already paid, and said I would have to get my money back from Quibids. I sent them a certified letter stating i wanted my money back. They had sent a letter to Discover showing them that i had never bid on anything and could get my money back. I would have to request it as I did in a certified letter and have never heard anything from them.
Sonja Manning
2975 Burlington Dr.
Apopka, Fl. 32703
September 29th, 2011 at 2:26 am
quibids is a dissapointing auction just like all the other penny auction it’s just a big scam end of story
September 28th, 2011 at 9:15 am
Purchasing for Nothing? how is that possible…?well, its mind game….Quibids and all other penny bids are making huge money every second… who pays? you and me. like currently a vacuum cleaner was on auction started with 0$ and its sold for $43.23. means $43.12 + $2587 (43.12 x 0.60)= $2630.12!!!yes its true…. they’re making lots of money everyday….you are reading this bcoz you are new to quibids…even if you read lots of bad reviews you will still join quibids… i know. i did same. and wasted my costly time and money…
September 26th, 2011 at 6:02 pm
I can’t add anything that has not already been said. All of us need to complain at every opportunity on internet or with our friends. They have got to go.. Everyone complain on all and every media that presents itself.
September 25th, 2011 at 8:41 pm
QuiBids is an auction website in which you purchase your bids. I have had great success on the website, including winning auctions for a new 27″iMac for $500 (INCLUDING MY BIDS PLACED), a macbook air, 2 ipads, and countless other smaller items that have been very useful around the house, including a rice cooker, etc. I have saved thousands of dollars on this website. That being said, you need to understand what you are getting into. QuiBids is very clear in how the process works. There is no hidden agenda, no means for them to rip you off. Every bid you place costs you money. Some auctions go long, some go short depending on when you bid. So yes, if you are going to purchase an item from the Apple store, and are willing to shell out big bucks for an item, why wouldn’t you attempt to get it cheaper? You must be careful, however, if it’s an item you weren’t intending on purchasing. Then you could be out a lot of money. But you know this going in. It’s not a surprise.
The customer service from QuiBids has been excellent, I have received every item I’ve purchased/won in a very timely, quick manner & have been very pleased.
And a comment about warranties…you do get the manufacturer’s warranty, you register your item & list it as a gift. But electronics warranties are scams in & of themselves.
Happy bidding!
September 25th, 2011 at 7:09 pm
Quibids is a ripoff, I spent the 60 bucks to sign up then watched for hours and made probably 100 bids only to never win any thing and never saw anyone else win anything either. STAY AWAY PLEASE— Do not be taken in by these thieves.
September 25th, 2011 at 2:55 pm
I think Quidbids is like a lottery and has about the same odds of winning anything useful or expensive! I paid nearly $70 and in the end only got a clock that was worth $5.00. Stupid newbie mistakes but at this rate, I don’t wish to pay to learn anymore.
September 25th, 2011 at 10:01 am
SCAM ! you should not use the dollar sign $ for something that is not paid in US dollars. This gives a false sense of connection with the product you are buying.
joe says:
October 12th, 2011 at 4:16 am
Interesting point!
I wonder if there is a legal definition or law about the use of the dollar sign regarding its value.
On the TV ads, they should call it a Q$ or qbuck or something.
September 24th, 2011 at 5:59 pm
Don’t do it it:s a trap. You would have to spend so much time watching the clock start over and over and over. Its painful. I’m just going to let my bids run out and say goodbye. No different than a gambling website. SCAM!!!
September 24th, 2011 at 12:22 pm
Actually this is not a scam. This is a very smart business. Think about this…
They are auctioning a one week trip to New York at a 5 star hotel. Lets say you have 100,000 people bidding on it one penny at a time. The bid is at $1,000 now. Each bid costs 60 cents. Which costs $60,000. One person will only have to pay the $1,000. The cost of the bids is a separate issue. This is how this company makes their money, is by so many people placing bids. It is a very smart business and not a scam. This is how you are able to get a $100 gift card for $1.00.
People think this is scam because they say it actually costs so much more than it actually is. That is true. But not to the winning bid! The people bidding before is just out .60 a bid. If you add up all of the bids, there is your profit instead of the winning bid.
jordan says:
October 17th, 2011 at 12:54 pm
that is exactly what a ponzi scheme is so by definition it is a scam. just because they make money, as those at the top of the pyramid should, doesn’t make it legit. people spent 61k for a 5k trip. that means people lost 56k in this transaction. I don’t care if 100,000 people lost $0.60 each if 1 person lost 56k, they were all scammed. any site with a a big “We are not a scam” sign is absolutely one. and to those read the rules morons just because someone knows what could happen going into something doesn’t make the criminals right. i guess we should release all drug dealers, cop killers, rapists, etc since their victims were aware of the risk they were taking.
September 23rd, 2011 at 4:50 pm
The biggest scam in internet bidding history! Don’t fall for their false representations!
September 23rd, 2011 at 9:08 am
The site is very simple and straight forward. The user pays .60 per bid, and bids on the auctions go up in increments of a penny. Which allows the user to get items cheaper than retail and allows the company to make money…Do you think they’d be in business if they really sold an iPad for $50? NO. In fact the way it works is genius and I wish I had thought of it. Some auctions they lose money, some they make a lot of overhead.
I saw it in a commercial and at first I thought it was a scam and a few friends/family have asked about it. I recently opened an account, which has an initial purchase of bids required. They give you a beginner training auction to learn the ropes and then set you free. The most important word of advice on this site is research, research, research. Figure out when you win most auctions, be patient and pay attention to your bids…remember that’s .60 per bid. Also, there is the feature for buy it now which is cool if you spent a lot of money on bids. Essentially this subtracts the value of your placed bids against the value of the item and allows you to purchase them at that price, just add shipping.
It is very important to read the bits on why new users fail and leave the site and not to immediately go for the big win.
In this past week I have won the following, and this is total cost, after bids, shipping, etc.
3x $10 gift cards at $2.00 each roughly which also included like 10 extra bids to add to my account.
1x high end salt and pepper grinder <$10 shipped
1x swiss gear laptop bag $7.50 shipped
That being said, however, I also spent $25.00 in bids not winning a camera I was going for. I also tried getting a $50 gift card with a bunch of free bids, and ended up setting my limit and if at that point I didn't win, I'd use it as buy it now so I'm not out of the money. Ended up coming out even and just paying 1.99 for shipping.
September 22nd, 2011 at 7:19 am
I first did a sparse ‘due-diligence’ in checking the QuiBids but thought it was a pretty ‘fresh’ idea an I could get these huge screen TV’s and other merchandise for next to nothing and then sell them outright to make some cash in this down economy. I was wrong and got taken. I then became more skeptical and did some figuring by math and found the company to be less that honest and therefore unethical. They allow people to believe QuiBids ‘loses’ out on the bids and everyone walks away with high dollar items for much less than they are worth. I was seeing this from an addicts point of view and the seductive nature of gambling. After writing to a rep at QuiBids and being told that indeed they were a reputable company and were slated to move into other countries having been given a lot of accolades from other corporations, I discontinued my account. In our discussions I stated that though they were given a lot of praise as a business model I reminded the rep that heroin had also found its way throughout the world too as an addictive tool and they were playing to the addicts of gambling. Hey they are a good business model except they do not tell the truth so therefore again it is not ethical. If they did explain the true model and people still want to gamble with them then buyer beware!
September 22nd, 2011 at 2:04 am
One thing I forgot to state about my bidding trend. I only placed a bid when the count down reached 1 second or slipping early at 2 seconds, this only happens every so often and limits the amount of bids you place as well as the auto-matic bidders place their bidders at or before the 2 second mark and never at 1 second. This system eliminates losing to automatic bidders, making sure you know a live person wins the auction, at least while you maintain that bid format.
This is what I meant by shrued bidding. This along with the whole pattern of what i described below simply can show how easy it is for them to falsify winnings. I also watched this system for weeks before I even considered buying my first starter kit, but had to test out the system personally instead of only watching it and only strengthened my findings from before I actually participated.
September 22nd, 2011 at 1:34 am
They do suck you at first making your first wins easy. I was able to win 3 low priced items within the first day and actually came ahead, it seemed. Started with the 100 Bid Starter kit. Won a 25 Bid auction for 1 bid ($.60). The same for a waffle maker + 25 bids and a root beer + 20 bids making kit. I also tested out the automatic bid system for 25 bids which lost all those bids, but ended up with about 130 bids which included approx. 70 of my original bid purchase and around 60 vouchers including the earned bids for badges.
This is great I thought. I started doing some more experimental bidding the next day and really being shrewd and cautious with my bidding. I started to notice something just wasn’t right so I actually opened up 6 windows and watched how the bidding progressed, as well as did bidding on some. They were all the same type of product, the 250 bid vouchers.
I could see a trend developing with some of the bidders in that some of them seemed to be working together and would not bid against each, when each would place a bid etc.(on all 6 windows). Also these were very new users to take away any thought of foul play. They were purposely driving up the prices and the ones that didn’t seem have other people bidding would end real quick. Yet every single one (4) I was bidding on drove the prices up to 10X that of the the (2) i didn’t participate in. Two of the auctions escalated real high even above the other two and on both of those I clicked with 2 seconds remaining and all of a sudden a pause or lag happened and stated I was too late and the item had been won (not by me). Once would be a coincidence, but on two and also the two highest priced ones???? that I did most of the bids on???
They actually have people that follow the auctions to drive up the prices and win the really high priced items (for the most really cheap). Sure once in a great while someone might slip through their fingers and win at great price, but far and few in between. These people are constantly using new account to make it look good and take away any thought of this type action happening, but if you really watch and study the bidding in multiple screens and watch how certain bidders seem to only bid at certain times and not against certain other bidders (ever), things start to really become more clear, what is actually taking place on the majority of these auctions. They are making a killing on this scheme and making it look legit, except if you really take a close look and study what is actually going on.
September 21st, 2011 at 11:16 pm
Most of you are rating this website based on the fact that you believe it is a scam, but have never attempted an auction.
I have been using quibids for about 6 months now and this is my result. The amount i spent includes cost of bids, cost of item selling price, and shipping and handling.
Bose Earphones
Retail: $150
Total Spent: $43
Callaway Diablo Edge Irons, Wedges, and Hybrids
Retail: $800
Total Spent: $250
Ipad 2 332gb Wifi + 3g
Retail: $729
Total Spent: $385
I have also won 5 giftcards (Target, Starbucks, Shell, (2) Autozone
Retail: $350
Total Spent: $87
Now tell me how this is a scam. I have only had to do the buy it now one time and that was on a giftcard for $100 that i ended up spending $103.50 for.
If you do your research and follow a product you want for a week or so, watch the bids and where they are commonly ending at, know when the best time of day to bid is, then you will make a killing.
When my ipad was on backorder, the one time I had a problem with them, they sent me a list of items i can choose instead that they would send out right away, which included 50″ 3D TV packages that sell on amazon for $1300.
So the customer service is excellent.
Great site, only idiots loose money on this site, gambling on things they cant afford.
Seeeeeeeeeeend It.
September 21st, 2011 at 1:02 am
Big Scam.. the old saying if it sounds too good to me true… IT IS. SAVE YOUR MONEY AND BUY WHAT YOU WANT.. YOU WONT GET IT HERE..
September 20th, 2011 at 6:54 pm
Every time you get close to winning, there is immediately another bid that drives the whole deal back to zero. Unfortunately, you made 10 bids on that item and never had a chance. Needless to say, I took a “substantial” loss.
N e v e r a g a i n !
September 20th, 2011 at 1:08 pm
Interesting that in the “Terms and Conditions” that Quibids has they can limit the auctions that any user can see. So, I may be able to see auctions that you cannot. I found this out while a friend and I were talking on the phone while Quibidding. I told her “look at that 50 voucher auction that went for .06 cents.” She couldn’t see it. When I asked Quibids, they told me that, at their discretion, they could limit auctions. Hmmm…interesting that they “limit” auctions of people that are winning.
Lose a lot of money and you are alright. Win a little bit and you are not available to bid on many auctions.
Beware! Stay away from Quibids.
September 20th, 2011 at 7:03 am
Reviews could be scam. They suck you in and you spend hours to read and you might not get anything other than entertaining of people’s opinions from both sides. It is a tendancy for people who didn’t win and call it misleading, and for most those winners who will continue on their bidding.
personally I think it is more fair if quibids can offer end user or oridnary customers to sell their stuffs and be able to make the percentage of the total bidding. Other than that, you try to go into Quibids system and try to win something, and you still have to play under its rules in order to win anything.
September 20th, 2011 at 4:21 am
All reverse auction sites are a bad idea. PERIOD. The site holds all the cards. They can lie cheat and you will never know. They could pay people to sit there and bid with dummy accounts you have no way of knowing. For every winner on this site there are 100 loosers and it has to be that way or they would be out of business.
Know what you are getting into, read the fine print, and most importantly keep your expecations low.
September 19th, 2011 at 8:47 pm
I use it to buy gift cards. Usually Target. I shop there anyway, and figure the worst I will do is break even. I’ve won a $200 card for $50, including the cost of the bids. If I don’t win the auction, then I apply the money I spent on bids to by the card at full value, IOW, break even. (The shipping is about $2.) I think they make an effort to make sure you understand what the deal is before you sign up.
September 18th, 2011 at 2:12 pm
Too good to be true. Positive reviews are from people that work @ quibids. Don’t waste your time or money. I recommend you to go to a casino and gamble the $60.00 of bid or even play lottery. You will have more chances of winning. Nothing like eBay clean and clear.
September 18th, 2011 at 11:40 am
The people don’t count the time that they are loosing trying to buy “cheap”, I lost a few hours and I don’t want to do it again.
September 17th, 2011 at 10:37 pm
I was curious about the “penny auction” stuff so went to check it out. Went to signup for an account where they offered me some FREE bids if I’d sign up for their newsletter. Figured that was great cuz I could at least get a look at it all before committing any cash….yeah right! THEN came page 2 where I had to buy a $60 “Bid pack” before I could get my FREE bids.
Went to close out of the site when their “Live Chat Agent” named Rachel pops up. Had nothing to lose by voicing my complaints, so I did. LMAO!!! Live my a**!! Their “Live Agent” is a damned bot. Funny thing is that you can ask if it’s a bot and the reply is “Yes I am a real live person and my name is Rachel.” Ahhh…but ask it what color a lemon is – “I am sorry, but I have limited support information. You will have to submit a ticket through the Support site.”
IMHO, this is false advertising/misrepresentation. I did go ahead and submit a ticket to their support system. Not even bothering to complain about setting the account up anymore, but to call them out on the extremely poor practice of claiming that their bot is a “Live agent”. The response was PRICELESS… “I am sorry this has been your impression of the website. We try to make our site as transparent as possible. For this reason we created the “QuiBids 101″ section of the website which thoroughly describes our business model; Blah, blah, blah…” The Support desk is a bot as well!!!
I don’t know how or why anyone would give a business that uses deception this blatenly their hard earned money. Baffles the mind.
September 17th, 2011 at 4:46 pm
I can’t believe ESPN is airing Quibids.com commercials on their stations. A commercial claiming that “I bought a brand new Honda for $1,800!” If they legitimately sold it for $1800. If this were the case, at $0.01 bid incriments, to get to $1,800 it would take 180,000 bids, and costing bidders $0.60 per bid, Quibids.com made $108,000 on a single auction.
September 17th, 2011 at 3:46 pm
OK so I got sucked into buying the basic starter package for $60. I totally understood that each bid would cost 60 cents and that the clock would add ten seconds after each bid. But I guess what I wasn’t expecting was to burn through my 60 bucks in like one day. It’s virtually impossible to win any decent bids when the bid amounts are only 1 cent and when the clock is reset after each bid. It’ll end up saving you next to nothing. They even try to make you feel better by offering you tips if you’re a newbie – they just want you to keep paying. This site is a ripoff – do NOT waste your money.
September 17th, 2011 at 1:48 am
Original complaint – I am going to do whatever is necessary to discourage people from participating in this “god awful” money grabbing deceitful terrible site. The people who operate this site should be ashamed of themselves.
Response:
Hi Clay -
I am sorry this has been your impression of the website. We try to make our site as transparent as possible. For this reason we created the “QuiBids 101″ section of the website which thoroughly describes our business model; and what we would consider to be realistic expectations for our customers to have, as well as the amount of profit / loss the company actually makes with this business model. I would like to recommend that you read the articles in the QuiBids 101 section, specifically the articles in the section titled, “Our Auction Model Explained”. It is very possible to win on our site. Since we launched in October 2009, we have had thousands of winners on our site. We have even had a large number of people max out their win limits for a given month. Here at QuiBids we strive to ensure that the customers who participate in our auctions have a great time and experience the fun of winning items at really low prices. It is not, however, realistic to assume that a $27 or $45 bid pack will likely lead to winning a $200+ item on our site, like a MacBook or PS3. While this does happen all the time, it is not a good expectation to have. I hope this clears up some of your concerns and helps to make our site clear. Please let us know of any suggestions you might have in regards to ways that we can further improve upon our website.
Thank you for your interest in QuiBids and have a wonderful day!
Sincerely,
Lauren
QuiBids Support
My Response:
Who said anything about winning a MacBook or PS3??? How about a 15 or 25 bid pack? Oh I won on your “site” too.. I just cost 4 or 5 times what the items were worth. You are very well aware of what the business plan is… Send a “win” message out and then have your customers buy bids after bids after bids. I won two items right out of the gate… a coffee cup holder and a beards trimmer. Never won (or even came close to winning another item… not even the “bid packages”) I also read your (very requisite) Quibids 101. Must I remind you that if you didn’t have that type of disclaimer on site, you would face law suits upon law suits. I work as a Union arbitration specialist, and I would love to expose a “legal loop hole” in your site.. I feel so very sorry for the people you dupe, the elderly, and the less fortunate looking for a break. Once again, you should be morally ashamed. Oh, yeah the requisite legal disclaimer you call Quibids 101; that will only go so far. Take a look on YouTube; I truly wish I had looked there first. Like I said in an earlier correspondence, I travel this wonderful country representing those who cannot represent themselves… I will absolutely be speaking of the perils and pitfalls of your god awful site at every speaking engagement I attend. I would love a refund on the original $60+ as well as the additional $45+, but I am not expecting one.
Take care
September 16th, 2011 at 6:21 pm
IF CONSIDERING QUIBIDS, PLEASE READ. THIS WILL HELP YOU
I personally haven’t used Quibids yet, but I’ve read about it more and understand how it works better than anybody that wrote a bad review. This review seems long but its a must read if you are considering trying QuiBids
IT IS NOT SCAM
Quibids is a GENIUS business idea that both the seller (Quibids) and the consumer (bidders) benefit majorly from. Here is how it works. It is a penny auction website where bidders bet on a good on penny at a time. Quibids charges you $.60 for each penny you bid. When you start out, they make you buy 100 penny bids or $60 worth of bids. Then bidders can go on their merry way bidding.
Benefit for Bidders.
Bidders can win Items for remarkably cheap compared to retail price, IF THEY ARE SMART ABOUT HOW THEY BID. Since they charge $.60 for each bid, you don’t want to bid too many times for and item that does not have a large market value.
For example
Here is where a lot of scam comments start. Lets say the item that the bidder is bidding on has a market value of $10.00 and a shipping and handling cost of $2.99.
FIRST remember that each bid cost you 60 cents no matter if you win or lose. One should be willing to pay anywhere under $7 for the good. I say $7 and not $9 or $8 because you have to factor in S&H in the final cost. Okay so you start your bidding and you and another consumer are going back and forth bidding on the product. WARNING Keep track of how many bids you make. 7/.6 = 11.7 so what, what does that mean? 11.7 or 12 bids will cost you $7.20. YOU JUST LOST. Keep track of how many bids you make! Don’t pay more money in bids than the product is going to cost.
TOTAL COST= WINNING PRICE + S&H + (.60(#of bids winner makes)
Example
Mark won $10 worth of gift cards for $2. He placed 12 bids himself.
Given the S&H cost is $1.00, How much did mark pay?
TC= WP+SH+(.60 X #ofBWM)
TC= 2.00+1.00+(12X.60)= 2+1+7.20= $10.20
Mark payed $10.20 for $10 worth of Gift Cards. Mark payed .20 more than he should have. Lets say Mark only bidded twice.
TC=WP+SH+(.60 X #BWM) TC=2+1+(.60X2)= 2+1+1.2= $4.20
Mark now only payed $4.20 for $10 worth of Gift cards. Now Mark saves $5.80 because he kept track of how many bids he made.
HINT TIME- KEEP TRACK OF AMOUNT OF BIDS YOU MAKE
How does Quibids benefit if we (the consumers) buy the product for really cheap?
Quibids makes a lot of money on some sales and loses some on other sales. How do they win?
Quibids charges 60 cents for every bid placed on a product. Trust me, it adds up.
Example
If Quibids sells a Ipad (market price $499) for $80.21, how much money did they make?
The product sold for $80.21 or 8,021 cents. If Quibids charges 60 cents for each penny bid then to figure out how much they really sold the product for is easy. Take $80.21 and put it into cents(move decimal to right two places), you should end up with 8,021 cents.
Total Sale Price = Winning bid price + (Winning Bid Price in Cents X .60)
TS = 80.21 + (8021X.60)= 80.21+4,812.6= 4,892.72
WOW! They just sold that Ipad for almost 5 GRAND!!!! while the winner only paid $80.12+SH+.60X#ofbidswinnermade
That is how this website makes their money. they make their money from the amount of bids placed on a Product.
If Mark bidded a 100 times to win this product, how much did he spend if SH was $10
TC=WB+SH+(.6X#ofbids)TC=80.21+10+(.6X100)=80.21+10+60=150.21
Mark payed $150.21 for a $499 ipad. This is how the consumer can benefit. Mark would have saved $348.79 by using Quibids
THIS WEBSITE IS NOT SCAM. YOU JUST HAVE TO PAY ATTENTION THAT YOU DON’T PAY MORE MONEY IN BIDS THAN THE PRODUCT IS WORTH
If you’re sitting there thinking how will the average person ever figure all that out. Well I’m just a average sophomore at University of Iowa. All I was read a little and looked into what I was about to do before I did it.
Who ever made Quibids is a genius.
I gave 4 stars not 5 because I don’t like how there is a 15 seconds add to the timer anytime a last second bid is made. This allows a lot more bids to be placed meaning more money for Quibids. Another genius addition to the cite. It can just make auctions go on forever.
September 16th, 2011 at 2:15 pm
All you people crying “scam” are fools or idiots.
It’s all explained very clearly when you sign up, so if you don’t fully understand what you are doing, but do it anyway, then you are an idiot, and you will lose money.
If you think you are going to stroll in and win a iPad for 1 bid, then you are also an idiot.
If you think it’s illegal just because the company makes a lot of money from bids, then you are also an idiot. If it was illegal to make crazy profits, Bill Gates (Microsoft) would be in jail a long time ago. Not all bids cost 60 cents – voucher bids can be won for free, or bought for considerably less than 60 cents each.
It’s a game. And like any game, you need to determine the best strategy to win.
Anyone that bids on an item and doesn’t win it is going to lose money. How much money is up to the bidder. Make up your mind at the start if you are okay with the ‘buy it now’ price, because, worst case scenario, you will pay that price, plus shipping and handling and taxes. If the cost of your bids is less than the shipping and handling and taxes (S/H/T), then you can walk away and save yourself additional loss. However, if your bids cost you more than S/H/T then you may as well use buy it now and it will actually reduce your losses!
E.g., $25 gift card. S/H/T ends up at $3.15. So, if you spend only $1.80 on bids (3 bids) but didn’t then you lost $1.80 and you should move on to the next item.
If you spend $4.80 on bids (8 bids) and still didn’t win, then instead of walking away from $4.80, you should use the buy it now option to get that $25 gift card for $25 – $4.80 in bids = 20.20 extra, plus S/H/T. Yes, you paid more than $25 in total (you would pay $25 + 3.15 SHT = 28.15, but you only spend the S/H/T extra ($3.15) rather than losing the whole $4.80 in bids.
That’s one strategy and that is the worst case scenario – losing the bidding. If you win the bidding, you will be ahead.
Another simple strategy is to watch a few auctions to see what the same item has been selling for in the past. I watched the $25 vouchers sell for everything from 5 cents to $3.14. That’s a huge range, but it shows how important it is to win whatever auction you are bidding on. Average price was around 35 cents. If an auction is already above 50 cents, then I don’t bid on it.
Another strategy – stay out of the bidding if there are more than 2 people bidding against each other. Wait until it “cools down” to only 2 people. That’s also why you tend to see the ‘sharks’ join the bidding late in the game. It’s not ‘shills’ driving up the price – it’s smart bidders jumping in at the end and saving themselves the cost of bidding all the way up.
I am not going to reveal all of my strategies, because quite frankly, I don’t mind idiots getting out of the game and making it easier for me.
I have won numerous items. My average cost across all of those items is just over 30% of the value (i.e., average saving of just under 70%).
If you are smart, and use your brain to think up the good strategies, you’ll come out ahead. If you are an idiot, you will lose, and then probably come back to this site to complain about what a scam quibids is.
September 16th, 2011 at 9:48 am
Why are there so many bad reviews? It is your fault if you lose an auction and use 30 bids. If you win an auction you spend 14.80 plus shipping,not some astronomical amount! A person who places one bid can beat someone who used 100+ bids! And that person who used 1 bid was an expert and knew when it was the right time to bid while the loser just wasted 60+ dollars.
September 16th, 2011 at 6:52 am
Quibids is where you go to shop at full retail price for stuff and where one one person may actually pay less, possibly a lot less. If you recall the add they say its where you shop for stuff you really want, I think that’s code for if you don’t direct your lost bids towards the buy option then you are responsible for your loss.
Because, in my opinion, no sane person would go near any site like that. I find it depressing to see it so heavily advertised. I guess there are a lot of fools out there, just knowing that is painful.
September 15th, 2011 at 11:45 am
Save your money! After trying it out, we felt bidding is rigged and that you are bidding against dummy accounts created by Quibids.
September 14th, 2011 at 7:40 pm
I haven’t used the site but have observed it and one thing would make me leary. Unlike Ebay the auction does not have a set time limit, each bid extends the auction, usually by about 20 seconds from what I watched. This means that there is no need for last minute “sniping”, getting that final bid in to try and guarantee a win. In the auctions i observed certain names would rebid every time they were outbid yet certain other names didn’t appear until the auction was down to its final second. If sniping is not necessary and someone really wanted the item why wait until that last second and risk loosing the auction due to a misclick or freezeup? It may be some bidders are so used to using sniping technequies but since the last second bidders seem to be the same names over and over it would make me go hmmmmm.
September 14th, 2011 at 10:00 am
I saw an ad for bidding and getting good deals. If you are used to Ebay, this is not ebay. Chance of winning bid is almost like winning a lotto. You pay 60c per bid and it get just too expensive to bid. It is better to but an item. I wasted my money. Do not even try it. It is waste of time and money.
September 13th, 2011 at 3:16 pm
SCAM SCAM SCAM SCAM SCAM SCAM. DON’T BE AN IDIOT (LIKE ME) AND THROW YOUR HARD EARNED MONEY AT THIS CORRUPT CORP THAT TAKES ADVANTAGE OF THE WEAK MINDED THAT WANT TO BE ENTERTAINED WHILE ADDING THE CHANCE OF GAIN.
I AM EMBARRASSED AND SORRY FOR EVER STEPPING FOOT INTO THIS DEN OF THIEVES.
September 13th, 2011 at 1:47 pm
QuiBids needs to be raided by the government for illegal thefts.
September 13th, 2011 at 11:49 am
This site is such a scam ! ! ! ! I was taken for 60.00 dollars and did not even get a thing . . . I closed my account and could not get back a credit to my credit card . . I would not recommend this site to anyone . . .
DON’T DO IT ! ! ! This site is a SCAM ! ! ! ! ! ! !
September 12th, 2011 at 10:33 pm
I got sucked in recently, won a Xbox 360 with 4 bids, final price was $9.64, not bad right. Spent $160 more in bids and haven’t won anything since. The owners of Quibids is placing bids so you never win another auction, EVER!! Dont do it, stay away from all penny auctions.
September 11th, 2011 at 9:12 pm
Quibids is scam. Please stay away. this afternoon, there is 250 bids card cost $150. However, the price is >$30.00, which means the customers have been enforced to pay $1,800, but nobody wins this card. Pls, pls, stay away it.
September 11th, 2011 at 5:53 pm
I was one of the ones who NEARLY got roped in to what looked too good to be true (and technically is). Of course I was so excited about this site because of how cheap I am, I wanted an ipad for $2! Luckily I have been getting a little bit smarter every time I fall into a scam and was able to pick up of a few small things on the initial page. I didn’t even get to where they ask for money because I saw “free to register” and not “free to bid.” I also saw “sign up for the newsletter and receive 3 free bids.” After that, before I hit the submit button, I googled for reviews and found this thread. After reading every review, the good and the bad, I went back to the site.
I see the fairness in nearly every review. On the initial page (which I got to by clicking an ad on another site), I didn’t see any “Quibs 101″ or “Help” link. later, when I went back to the site (now directly, quibids.com) I see, front and centre, “bids for $0.60 each!” If, like me, you had greedy eyes for all of the cheap electronics AND started on that first site, I sympathize. I’ve gotten smarter about things the more I’ve gotten scammed. Luckily for me, I’ve always been too cheap (and maybe too smart), to ever pay a fee as high as $60 to start up. If you have to pay that much for something that is free on ebay, you should know that there is a catch.
This brings me back to the fact that I still returned to the site. I have not yet purchased any bids (and still may not), but I see that they are being very open, honest, and helpful. They admit that they make more money than Walmart (who you know makes billions), they offer to pay back unused bids (so if you planned on getting the ipad in 10 bids and didn’t, you still have 50 to sell back), and they explain that even when you win the bigger items, you pay approximately 1/3 of the price. That mean no $20 ipad, you’ll probably pay closer to $200 after everything.
There’s so much more I want to say, but for fear of other’s not reading this due to length, I just HIGHLY RECOMMEND that you read the “Quibs 101″ section of the site (along with all of the comments here), and then make your decision. This site could save you a a fair bit of money over a long period of time, or it could make you lose a ton of money fast. Educate yourself before you go in.
September 11th, 2011 at 5:23 pm
What is so “confusing” about quibids? You buy bid packages to use on auctions. Each bid on an item increases item price by one cent, and the last person to bid wins the item at that final price. Gee that is soooo hard to understand. I don’t know how I EVER understood the it the very first time I read it; I must be some kind of genius or something.
And to the “smart guy” who complains about the Buy it now price. Well a “smart” bidder would know ahead of time what the price of the item is and if they weren’t willing to pay that in the event that they lost the auction, then they would wisely not bid. Yes, the buy it now price IS higher than regular stores, but think about it, if you spent a lot of money on bids would you rather use the money you spent on bids towards that item, or be out of all that money and have NOTHING. If they really wanted that item, the “smart” person would use Buy it Now to get it so their money wouldn’t go to waste, but the no so “smart” person would basically throw throw their money away and not use buy it now, but instead complain about how they were scammed on sites like this. And really it took you “several hours” to understand the site, I understood it in less than one, either I AM some kind of genius or you are not as “smart” as you think.
September 11th, 2011 at 7:26 am
The shill reviews say all the rules are there for you to read. But when anything is this complex and misleading, it is for a reason. Why not make it simple? Because it is a scam. Don’t be a fool, stay away from this!
September 11th, 2011 at 1:42 am
I just spent 5 hours watch auctions on the site, reading reviews from a ton of different websites, trying to figure out the truth.
I have to say it looks so shady and definatly not worth the over all cost. I would bet my hard earned money that if they took a scientific poll of 100 people who use the site on a regular basis for one year, at the end of the year more than 95% of people would have lost money compared to if they just went out and bought the products they won. I would also bet the difference would be high.
Go watch an auction on a product of actual value, you can see some major issues. If you have common sense just watching one of them will be enough to see its not above board.
The other thing I found is the good reviews I read on many different site are all the same. They must have people cutting and pasting reviews all over the internet, because they all read exactly the same. Its funny cause I saw the same positive reviews on over 6 website, and they read word for word. Huge Red Flag.
My other issue is on every good product is shows how the same product was sold in an auctions for a really low price and in a recent auctions that were during the day. I watch auctions for the same products at 3am and 4 am, and they didnt even come close to these prices. From reading on the internet the time i watched is the best time to win, yet the site is telling me that mid day I can win the product at much lower price, doesnt make sense.
Example: A golf putter which I know is cost $160 retail, they advertise one sold for $0.10 09-02 08:26 EDT. Its 2:30am am the same product is at $3.80 and still going strong. That mean so far people have spent over $200 in bids. It makes zero sense how on a friday night at 8:30pm no one was paying attention, but Sat at 2:30am they are all over it. Friday night 6 people bid, but the auction Im watch on Sat tons of people are bidding. I couldnt even count them all.
I am pretty sure they manipulate some of these auctions as teasers, so they can get auctions going for the same product. They buy these products in bulk so giving on unit away is nothing. And it is so easy to let someone win very cheap, all they have to say is that the other bidders cpu froze, their bid didnt go through, site error, or any of a million bullshit reasons. The other difference between the auctions is there one only one bidder who has their auto bid function set up to make sure they continue to bid, which makes no sense. Why? Cause the auction I just watch had over 25 bidders with their auto bid on. That makes no sense unless in the last 9 days Quibid had a surge in golfers who all like that putter.
Bottomline if you look around their site, watch some auctions, and use your common sense you will see that is crap and 100% there is a scam aspect to it. All you reviews that say read the fine print its legit, you’re working for them or you got lucky cause they selected you to win an auction. Listen, Im sure its not 100% rigged, but I can see huge issues with the site, which I think I completely explained above. I could give you many more example.
FYI, the someone finally won the auction for $4.75, which mean Quibid probably tripled they money, so you see why they dont care about giving one away, to sell 500 more while being able to advertise some $.10 number. The site has every reason for the bids to go as high as possible while it being so easy for them to munipulate the auctions in so many way. Im sure I havent found half their little games. Avoid if you are wise.
September 10th, 2011 at 11:09 pm
I am one of those who did not sign up. For those who say it’s your own fault for not reading the rules, nonsense. I am a pretty smart guy,(practiced law for 30 years), but I had to look the site over for several hours before I realized that when they say something sold for $2, they do not include the cost of the bids. Yes it is clear the bids cost and are not refundable etc. But it takes some insight to put 2 and 2 together and see that the cost can include very expensive bids. I had to look at the breakdown of sold items to see that the cost was price PLUS cost of bids. And the buy option is B.S. The price they show is suggested retail, much higher than you would pay at Walmart etc.
RH
September 10th, 2011 at 11:50 am
This site is garbage they are raking in the money on the very few items they have its mainly gift cards and their own bid cards and every once and a while they throw in an electronic devise I fell for it and before really checking they nail you with $60 to be allowed to bid
and every time you bid it adds more time to get you to spend more money to bid
bottom line don’t do it
September 9th, 2011 at 9:28 am
I spent $60 to try Quibids. Spent ’6 credits’ trying to win an item. Found this site was not for me. Talked to a fellow online from Quibids. He immediately refunded my Visa the full amount.Checked my VISA statement this a.m. – and the credit was there. Even though I don’t care for Quibids, at least they gave me my money back!
September 8th, 2011 at 10:55 pm
This is a game, gambling, betting, hoping and for some a reason to learn how to pray again. Anyone who has played slots or poker or “Can I make that light?” should understand the stakes. Of course they are making tons of money and of course people are getting stuff for much less than other places. I bought pearls and earrings for a total of $15 (14.95 is actually shipping, I won the stuff for 5 cents using THEIR bids that I earned/won) with the value of over $100 and that doesn’t include the 40 bids I got back. I haven’t touched my initial bid set after my first win. But I read all the rules, I took it slow and still do. I don’t bet on things where there are bid-o-matics either because that’s a no win situation.
ON THE OTHER HAND
I truly believe they are scammers. I watch items and next to the description they say how much one of the items sold for $2.15 but the same item has a bid of over $50 right now. Ok I don’t believe that.
Also, the bid-o-matic thing is very convenient for some but I say play the game and you can’t win unless you are present. It also offers QuiBid the opportunity to cheat big time.
So, like everything else, be smart, play smart, and if you don’t like losing don’t play.
September 8th, 2011 at 12:02 pm
Ok people try this, my kids an I did it last night, 4 laptops log onto Quibids and bid on 4 different bid packets of 100 bids, ours went up an up while others sat at 10 cents to 25 cents. That has Bot all over it. I don’t mind a business or site making a profit but damn 75 to 80 percent is ridiculous. The only good reviews I have seen besides the lucky ones who won the HD TV for $56 are the gift cards, but alas I feel that is just the come on to sucker to bet on higher priced items
September 7th, 2011 at 9:51 pm
I tried this site. Spent $60 on the first set of bids. Bid on an item and got it for $.01. Shipping and handling was $6, plus the cost of the bid. The item value was listed as $25. When I received it, it was a piece of junk, not worth $.60, much less $6.
I bid on a few other items and used up all but 14 bids. I decided that this site was not for me and sent a request to cancel my account and explained my feelings.I told them that I understood the rules but felt that the process was too tedious for me and not worthwhile.
I received a response that was very rude and condescending, informing me that they could not refund my used bids. I never requested such a refund; I knew the rules going in. Maybe they have received numerous requests for refunds, but not from me. They also proceeded to lecture me about their business model and how they make their money. If this is an example of their “customer service”, count me out.
September 7th, 2011 at 12:57 pm
this has got to be a scam because I could see everyone buy bids then wait til the auction is almost over and bid but nobody will get the item because the bids did not get up to the dollar limit they wanted for the item. If they are not going to play fair then it’s a scam. Casinos play more fairly then them.
September 6th, 2011 at 6:39 pm
I cannot believe that people try sites like this which are strewn with negative reactions. Remember the old saying: “If it is too good to be true, it probably is!” I was going to join this site, but figured it sounded too good to be true. After reading the massive amount of negative comments I decided against joining. I also started wondering how many of the “supporters” of Quibids in this forum work for Quibids! I guess that just goes to show that you need to read the fine print before you jump in. For those people that did not read the agreement and joined anyway and had a bad experience, I hope you learned your lesson. What a joke for a site. I agree that this site takes advantage of people who rush into things, and do not read the rules. Smoke and Mirrors at its best! I will definitely pass the word on about this scam. To me, this is worse than gambling at a Casino.
September 6th, 2011 at 3:09 pm
Although they charge you $60.00 when you sign up, you will still end up saving money. I signed up and was able to view items without providing them with my credit card information… this was a FREE sign up. When I wanted to start bidding, I returned and paid $60.00 to start bidding. Not sure why people are saying the “magically” got charged $60.00… you have to agree to this when you sign up… why would you put your credit card information down without knowing why? people make me laugh..
I won 3 auctions in 2 hours, first day I signed up. If you’re smart… you’ll win and save money.
September 6th, 2011 at 8:50 am
“ensnaring innocent customers”? LOL Did Quibids force you to enter your credit card information? Did they force you to bid on items? Did they force you to not use Buy Now when you didn’t win? Did they force you NOT to READ how the auctions work? No it was your GREED and googly eyes on the prospect that you could actually win that HDTV for 4 dollars on your very first auction on this site that made you ignore common sense. “Who needs instructions and guidelines to bidding? I’m winning this TV.” LOL FAIL
Sounds like another person who lost their money and now wants to cry scam.
September 6th, 2011 at 6:56 am
I’ve been using quibids for about 9 months on and off.
Most recently, I purchased a bid package for $27. With those 45 bids I won 3 $15 Itunes gift cards, 3 pairs of 10K earrings, 1 14K gold necklace, $25 CVS Gift Card, a moderately priced watch, a $25 resteraunt gift card, and a game. I still have 60 bids left because some of my winnings came with extra bids.
The trick is to go on when there is not a lot of competition and there is a lot of items for sale like weekdays- late afternoon. Watch the auctions for a while before bidding and time it right.
Also, I don’t bother with big ticket items because people go crazy bidding on them. I get a lot of nice gift certicates and money that outweigh my initial investment.
September 6th, 2011 at 4:33 am
Pretty nasty stuff. Why can’t the people behind Quibids make an HONEST living, instead of ensnaring innocent consumers?
September 6th, 2011 at 12:23 am
Whether Quibids is technically “legal” or not, it clearly is deceptive IMO and there appear to be a number actions in progress against them on that basis. If you feel that you’ve been mislead by Quibids, then contact:
- the FTC at https://www.ftccomplaintassistant.gov
- your state’s Attorney General’s office and/or department of consumer affairs.
- the Oklahoma State Attorney General (where they are based) at http://www.oag.state.ok.us/oagweb.nsf/complaint.html
September 5th, 2011 at 11:52 pm
Misleading e-mails are placed throughout this string. Someone keeps posting that they are buying items in terms of the American dollar vice the Quibids Value. Some poor guy actually paid $1.99 in Quibids value for the movie Fandango and is actually happy about it. In actuality, a Quibids employee is placing this string in order to confuse trusting people. Lets review shall we…0.01 Quibids = $0.60 US Currency. So… 1.99 in Quibids value (cost for Fandango) converts to 199 cents in quibids currency (remember this is a penny auction). 199 x $0.60= $119.54 in US Currency.
We should all see these guys on the evening news very soon with words like indictment, criminal, thief, prison, etc. I await this eagerly and appreciate the chance to teach my son what a genuine criminal organization looks like.
September 5th, 2011 at 8:07 am
“I thought was $22.00 until I added up what the .01 bid cost me .60″…”relies on the confusion it creates to make money. They know the majority of new users will not read how everything works, thus losing that initial $60.00.”
Really guys? Are you REALLY that stupid? Its YOUR fault you refuse to read even though the site has “Quibids 101″, AND a “HELP” button as clear as day on their page. Quibids can’t MAKE you read. What do you want, a big pop up that covers the entire screen explaining how the auctions work? Or how about an audio file that plays in the background constantly that tells you instead? If you are too lazy to read then its YOUR FAULT.
Typical, people who don’t read the instructions want to blame the site when they lost there money because they don’t know what’s going on. Geeez, nothing but a bunch of dummies on here.
September 4th, 2011 at 7:31 pm
I “won” a $50 walmart gift card for what I thought was $22.00 until I added up what the .01 bid cost me .60 bad thing was I won it for my church. They still got the card but I never went back to quibids. What a rip off
September 4th, 2011 at 5:44 am
I don’t understand why Quibids is getting so many negative reviews, its a great site, just bid on gift cards….that’s what I do and I win almost every time. They will even go out of their way to refund bids that you didn’t use for an auction. I only had to buy on bid pack and I won a $200.00 walmart gift card for $2.43 and they are even going to refund me those unused bids in money. I ABSOLUTELY LOOOOVE THIS PENNY AUCTION SITE!!!!
September 3rd, 2011 at 4:01 pm
Very enticing, but the reality is very disappointing. I cut my losses after a day, realizing that the money spent for the privilege of bidding could be better spent on other auction sites that have a definite end to the auction. Spent $50 on winning a $10 gift card and some extra bids, which quickly disappear on an item of higher demand. Brilliant business for the owners, but a lot of losers who use this site. VERY time consuming too, as an auction for something can go on for hours beyond the scheduled ‘finish’ time. Will never use again, and have a renewed appreciation for ebay.
September 3rd, 2011 at 7:10 am
I don’t get why people get pissed because penny auctions “make a killing”…how the hell do you think they buy that stuff, and then turn a profit? Sure, they likely get it wholesale, but it does cost to run a business too. Frankly, I don’t care if it makes them bazillionaires, long as I get something at a discount. On the flip side, they are definitely misleading in their commercials…but to give them credit, they do explain IN DETAIL on their site (and not tiny fine print either) ways to succeed and the pitfalls to watch out for. DO NOT go on immediately to ANY penny auction site expecting to jump in with the seasoned bidders and win a 42 inch hd tv. Unless you just get miraculously lucky that day, you won’t.
Buy ONE bid pack, and then use a good portion of that to load up on bids for just a few bucks at a time, until you have a lot of bids. THEN start with the small gift cards, while you watch, learn who to watch out for, watch when they come in to bid and wait till they meet their quota for wins before trying for bigger stuff. Sure, someone who spends 500 bucks on 1000 bids and then wins nothing but a couple of gift cards will be pissed, but that’s YOUR fault for not researching.
For me, I only go for the big stuff if I’m prepared to buy it full price anyway…I find something that’s reasonably priced on it’s own and comparable to retail (some aren’t, so watch out for that), then I bid my heart out (using regular bids, not voucher bids)…if I’m getting low on bids and want to quit, it’s ok, I’ll just use my bids toward the purchase and buy it anyway…and if I win, well, I save some money. And no, it hasn’t cost me much extra at all…I’ve won 100 – 1000 bids on sites for just 3 or 4 bucks, AFTER watching and learning and waiting to bid till the last moment or when there was little traffic and mostly newbies on. If you do it right, you can get some cool stuff.
September 2nd, 2011 at 11:37 am
My wife isn’t too computer literate and just spent a ton of money on purchasing bids.
I went to the BBB site and it seems they gave them an A- citing “penny auctions are the new trend”. Hogwash.
Back in my day, if someone took my money under false pretense, it was called Theft!
KillerClown (what kind of name is that?) is right. They muddy the waters so you cant see clearly.
September 2nd, 2011 at 7:44 am
The reason Quibids is a scam is that the company relies on the confusion it creates to make money. They know the majority of new users will not read how everything works, thus losing that inital $60.00.
Sure, some savvy users have done well. Going for the gift certificates and vouchers seem to be the way to go while learning the ropes.
In all, the commericals are designed to steer your impression one way (Ebay model) then once you lose your first investment you realize that there is another model (Penny auction). That is how they make money. Smoke and Mirrors.
September 1st, 2011 at 4:29 pm
BUYER BEWARE, YAH?? I know there have been a number of responses here that show who pays what for items that they win or don’t win. I was curious to find out what it would cost ALL the bidders on an item that was, say, $400 retail, and actual sold for $40 in the bidding. Here’s what I come up with, if an equal number of non-bot bidders (yes, real people!) all bid a reasonable amount for the item, and of course only one person won it: $40 = 4000 total bids, which translates to total earnings by the seller of $2400 (very very nice…if I do say so!)
Each of 100 bidders each makes 40 bids….reasonable, yes? So cost to each person is $24 for the privilege of bidding on the item of their desire. One person wins the item… total cost to that individual is $40 + $24 + S&H (let’s say shipping is free in this example, though we know that’s not true (-; ) = $64 for that $400 item. That’s about, what, 84% savings to the winner, right?
The cost to 99 other people who did not win the item, collectively speaking, was $2376. I’m not even guessing if any of them will do a ‘buy-now’ for another item off the same auction…but I can tell you that this interesting cost of participation is pretty high collectively.
Granted, there are a lot of people that really do make out like bandits. But then there are poker and keno players who do too; in the short run for most (and in the long run for a lucky/talented few). My recommendation, just from a purely analytical perspective is this:
If you can afford to play the game and not win… hoping for that one big pay-off/win… go for it. But if you have neither time nor patience nor extra money to play the game (yes, it’s a game), then buy your desired items outright from a reputable dealer, and avoid the game/chase/auction/distraction.
Enough said… y’all have a great day, and use some common sense out there. ;-)
September 1st, 2011 at 3:00 pm
So I won this $50 Fadango movie electronic gift card, which they charged me $1.99!!! for shipping and handling? I never knew it cost money to ship someone a simple e-mail with the code…
- to physically send a mail with postage stamp that I can understand… but an email for $1.99?!!!
September 1st, 2011 at 1:52 am
Quibids is a scam, You can tell as your bidding. They will put bots on items or other employees to bid against you. If you are the only one bidding they will stick multiple bots on the item depending on the size and retail and if they are wanting to keep it or letting go. Sometimes you get lucky but doesn’t happen often. They will bid as soon as you do right after you do and then when it counts down to one no one will bid at all. All 3 of the people that were after it will just suddenly stop if the bid isn’t yours… Coincidence? I think not. SCAM
August 31st, 2011 at 10:52 am
***If your thinking of Quibids read the following***
People people people! I’m gonna try to keep this as short as I can. I took the time to research the comments people have posted and have participated on the “quibids” site. I’d like to think of myself as someone who likes to do a little research 1st before jumping head first into something that seems a little skeptical. It seems that everyone here has valid, negative and positive comments towards quibids. What we all need to understand is that quibids is a business 1st before all and to my knowledge and if my math is right, a smart one at that. If you take the time to plug numbers, you will find a few things.
#1 if each bid cost .60cents and the item goes up .01cents at a time, hummmm this could take some time to win some of these items. #2 if a $60 item goes for less than $1, then quibids takes a lose and the same goes for if it goes over, quibids profits… so when it comes to big ticket items, you can just imagine the gains and losses for quibids if it goes way over or way under.
I, like some people have had some big gains(won some bids/items which intern made me really happy) and some loses that have pissed me the off!
Out of this whole experience with this bidding thing that I feel I’m still new at, I’m not sure how much longer I’m gonna keep this up. Nevertheless I must admit, it is kind of addicting to someone like me who loves games, competition and hates to lose.
In summary, I piggy back those who have said “read the info”. Educate yourself with what you’re about to do with this bidding site because some of the gains can really make you think “that’s how it is” when in fact, everyday is just that, a new day and could bring different results. I also piggy back in saying those who have participated in bidding, somehow feel like they’re being followed/targeted when they wait for a particular item to bid on and it just so happens that all of a sudden it has attracted so many bidders that it’s going way longer/higher than anticipated. When in fact, you’re not crazy or it’s not your luck talking, it’s just life. lol
Pessimistic people will believe beyond any doubt, it’s a scam. Optimistic people will just take the gain or the loose and call it a “yay!!! or call it a day! So remember, they are a business that is trying to make money at the end of the day and have tried to provide a system they believe is a win win for those who prepare.
August 30th, 2011 at 7:23 pm
The auction is not “closed” until the timer reaches 0. So your “closed 5 hours ago” claim makes no sense. Again, if you would have READ how the auctions worked, the 15 – 20 seconds added time after each bid would have been of no surprise to you.
August 30th, 2011 at 6:45 pm
Been on the site 25 minutes. I paid the $60 for 100 bids and got 3 free. Placed 1 beginner bid and got 15 bids for $0.01 and $0.50 cents processing. Placed 1 more bid, someone else was bidding for it so I let it go. At this point I have paid the initial, gained 15 bids and lost 2. Next bid I won was a $10 Wal-mart card and 10 bids. Got that for $0.01 and $1.99 S&H.
Overall: If you know what you are doing you can be successful. QuiBids makes its money off of people bidding, not the sale price. If an item goes for $20.00 and retails at $350, Quibids just got $1200 in bids, $20 for the product, and sent out a product they probably bought for half of the retail price. That puts them up about $1000. It isn’t a scam, it is just reasoning. Don’t flood this site with bad reviews because you didn’t bet responsibly.
August 30th, 2011 at 4:08 pm
first off congrats to whoever won some items in this site. Feel free to say whatever you want. Maybe your the lucky ones, that was able to get that HDTV for 3.00. That being said you guys represent a small percentage of people that have success in this site. Or maybe you guys work for Quibids. Here’s my story.
Bidding on 100 bids. 12:00pm pacific time. Used Bid 0 mattic. I just saw other 50 bid auctions end at 65 cents, and 25 bids end at 25 cents. You use the market rate (thinking method) that 100 bids will probably end at a few bucks, if 25 bids ended at 25 cents and 50 bids ended at 65 cents. I didn’t bid on those ones, but had it on my watch list. So I take my chance on a 100 bids. I started it off at 1.00. Then had to increase it, as it seems like there is an increase of bidders. As my bid 0 matic was doing it’s job, I noticed other bidders came on, and started bidding. While this was happening, I see another 100 bid auction. I decided to hold off on that, because that will probably go to a few bucks, then I bid, guess what! That 100 bid auction ended at 2 cents, while the one I was bidding on when up to 8.00 dollars. Coincidence? Prior to this I was bidding on 50 bids, loan and behold, the one I was bidding on, shortly after I stopped bidding it ended at 2.75! I see another 50 bid auction, (ok so if that went for 2.75 I will wait until it’s around 2 bucks) guess what, the one I didn’t bid on ended at 65 cents.
So please you so called winners, please understand our point of views too, of why we think it’s a scam. I personally I am betting against bots, who are purposely driving up the auction forcing me to buy more bids. So whats my story? On Auctions i was actively bidding on 50 and 100 bids, they went up crazy high, and eventually I lost (shortly after I stopped bidding on those) I later see 50 and 100 bid auctions end at way under 1.00. So Of course, I’m thinking wtf, maybe it’s my bad luck. So yea, anyone reading this want to give Quibids a shot, sure you “might” win. My bet is your chances of winning is slim, as the reviews on this site from all sources is terrible. Good luck.
August 29th, 2011 at 9:21 pm
I am presently bidding on an item that closed more than 5 hours ago. Each time there is a last minute bid the clock adds 15-20 seconds to the bid time. This has been going on for an unacceptable amount of time. I certainly will not be referring anyone to this auction site.
August 29th, 2011 at 6:21 pm
Hmmm, I was able to sign up to the site for FREE and my credit card was not charged. How you ask? I didn’t provide my credit card info. No big deal, the site still let me sign up with a username and password. I knew full well that if I provided my credit card info I would be charged $60 for the 100 bid package. I wasn’t ready to commit yet so I did not provide the info! If I knew I would be charged, then surely you should have known as well. Why else would they ask for your CC info, unless you are so gullible and naive to provide credit card info to ANYONE if you are not ready to commit to something.
BTW quibids is quite different from Beezid, if you lose an auction on Beezid, there is no option to buy the item, but at Quibids you do have the option to use all money spent on bids towards the purchase of that item. But of course if you can’t read, then you wouldn’t have known that.
All the people on here that claim this site is a scam, “run by crooks”, “misleading” etc are plain stupid. Everything you need to know about Quibids from the 100 bid starter package to 60 cent bids, is CLEARLY listed on their site if you are willing to take the time to R-E-A-D and look before you leap into something you know nothing about.
Stop your crying and complaining, its your own fault you lost your money. Also stop crying to your banks, credit card companies, and the BBB about how you were “scammed”. You weren’t scammed, you just failed to read and/or understand how quibids worked.
August 29th, 2011 at 6:05 pm
I am back again and I have to say I am shocked at how much dumber the posters have become. Quibids did not magically charged your credit card $60.00. You gave them your credit card information and clicked submit. That is the only way Quibids could have charged you anything. Quibids does not have ESP. You are not going to win every auction. You are certainly not going to win an auction with an item valued at $1,500.00 with 60 bids you use RIGHT AWAY. That is the problem with this country. Everyone wants something for nothing and when they do not it’s a scam.
August 29th, 2011 at 12:51 pm
I was thinking about joining but with all the negative feedback I think I’ll stay away. the ratio is about 30-1 which is pretty bad. BBB rating is down a lot and probably wont stay on that list for long.
August 29th, 2011 at 11:41 am
Just put it this way guys:
Quibids Price — # of bids — Total Quibids Profit
$0.01 — 1 bid — 60 cents
$0.25 — 25 bids — $15.00
$0.50 — 50 bids — $30.00
$1 — 100 bids — $60.00
$2 — 200 bids — $120
$5 — 500 bids — $300
$10 — 1000 bids — $600
$20 — 2000 bids — $1200
$50 — 5000 bids — $3000
$100 — 10000 bids — $6000
TOTAL = SCAM
August 28th, 2011 at 7:45 pm
Tried this, spent a bunch on my first auction, didn’t win, used the buy it now option, waited, waited then was told they have none even though they ran auctions for the item for 4 days after telling me they don’t have one, was promised a gift card got nothing, won a paypal dispute against quibids and am going to get the rest of my money back through a visa charge back, save yourself the nightmare stay clear of quibids
Yes QuiBids is a scam stay away!
August 28th, 2011 at 3:46 pm
Well as far the bidding goes, I didn’t even make it that far, I registered free it said, and was charged $159, when I contacted customer service, they went through this very stupid rigamole how I could get the $$ bad, I knew immediately they wouldn’t send it back and they didn’t, instead they tried show where it said at registration it cost 159.00, when in fact, that was a totally different window, i went back on another computer and checked, total lies, total scam, don’t even try it. I saw it no facebook, it said, “cheaper than ebay” and yes it caught my attention, never again!!!!!
August 28th, 2011 at 11:24 am
Beware of the BBB rating: Why hundreds of complaints? The report fails to address the fact that the site purposely misleads you when you sign up. There are no VISIBLE warnings that your account will be immediately charged $60 just for signing up–even before you verify your email! The button to “SAVE” your account info is actually a PURCHASE button. Honest sites make that clear: “Press here to place order,” etc. You’ll have to complain by email (the company’s phone is not in their contact info, only in the BBB report: Interesting) and wait several days to get your refund. Plus, the web is full of reports about the rest of the site being a BAD DEAL: many people lose money, you are forced to deal only 1 cent at a time, etc. If you are into gambling, fine. This is not bidding: This is GAMBLING, and you’ll be at their mercy. Stay with ebay: No issues there!
August 28th, 2011 at 10:21 am
Quibids, BeeZid? Differant name, SAME SCAM!
August 27th, 2011 at 6:28 pm
Some of these reviews are silly.. I just started today and have already won 2 auctions that cover the initial $60 investment and I still have more than the initial bids I started with.. Now I am looking at a REALLY nice watch. I’ll probably jump in the bidding at some point and try to get it for the bids I have left.. If I don’t get it, then I’ll just use the “Buy Now” option and pay the full price, which is not much more than I would pay on Amazon for the same watch. So I’ll have a beautiful watch (that I need) and the other things I already won for basically free… I don’t really get the confusion.. If you don’t need the item or are not willing to pay close to the retail price for the item then DON’T BID! It really is that simple. Stay away from the big ticket stuff until you know what the hell you are doing.
An earlier reviewer named “Not that Great”, flat out says he won $160 dollars in gift cards and still had more than his initial bids ($60 worth)! Then blew the rest… He gave the site 1 star… Really?!? You are up $100 bucks dummy!!.. Why are you complaining? Where I’m from $100 bucks is nothing to complain about..
August 27th, 2011 at 3:05 am
I saw their commercial on TV and thought it sounded good. Hell, they even stated that they will give you 10 free bids to start you off, all you had to do was register and enter the promo code. Well after registering, I was taken to a purchase order form. I had to buy $60.00 (100 bids) not the free 10 bids as advertised. After a few emails to their customer support they finally advised that they were “sorry” but I had to purchase the bids before I could enter the promo code. Not exactly what the advertisement stated. I then looked at their commercial again and if you look at the guy who won the iPad you see he is a “hired actor”…. Hope you see them for what they are…. and not be suckered into paying for the “privilege in shopping at their e Store.
August 27th, 2011 at 2:30 am
Inaccurate about terms of opening account…immediately they put a $60.00 charge on your credit card. Head for the hills!
August 26th, 2011 at 9:01 pm
Just go to Best Buy and do a straight purchase for your electronics. If I offered to sell you my PC for two dollars, you’d probably tell me I was full of crap; view these auctions sites with suspicion.
August 25th, 2011 at 9:20 pm
Yea, this quibids site is a total scam, don’t get caught in their trap… hateful site…!!!!
August 25th, 2011 at 4:54 pm
Quibids is a GAMBLING site pure and simple, NOT a straight forward auction site as it pretends(as are all pay to bid ‘auction’ structures). When it’s business model is matched side by side with that of a casino model, the similarities are more than superficial. Since online gambling is illegal in the United States, it portrays itself as an online auction house to defuse any questions of illegitimacy. If you enjoy gambling, try it. If you are looking for product deals via auction, definitely look elsewhere.
August 25th, 2011 at 12:15 pm
nottaphan,
That kid from “min-a-soda” seems to have a lot more sense than you do. He understands how quibids works and understands it’s a legitimate business. He also understands that a consumer wishing to bid on quibids requires a basic knowledge of the site’s auctions to not lose money.
You on the other hand are nothing but another whiny “adult” that feels they deserve to win every item they bid on for a few bucks and if you don’t win, then you call it a scam. You complain about the time required to win, yet no one is forcing you to spend your time on this site, that is your choice. Of course time is required if many others are going after the same item as you. If you don’t like the format, then it’s simple don’t bid. Stick to easy stuff since you apparently like having everything handed to you. But don’t call this site a scam simply because YOU don’t have the “time” to compete with others.
August 25th, 2011 at 9:48 am
I think QuiBids is GREAT!! All these people that bought in to their website and spent money, complaining about the company ruining their credit. It’s AWESOME!! That’s why our country is so bad off financially, because you spend money on these things and the rich keep getting richer, haha. I know several people that did this at work and someone won a Nintendo Wii for like 2 bucks.haha……I love it.
August 23rd, 2011 at 3:32 pm
I love how people say that this site can’t be trusted, but yet you will trust the BBB. I’m pretty sure they gave Quibids an A-. Which if i’m not mistaken is pretty good. There will always be risk with things like this but maybe you should know that before going into it. If you win a big auction you get all excited, if you lose a big auction you blame the company. Seems to make no sense to me. And to the people claiming that they make an excessive profit. Well they report their profits and it’s just slightly above wal-mart. God forbid someone good business plan and makes it work. I thought that was the American way? I guess if they piss off a few stupid people because of it oh well.
Or here’s an idea you wanna see if they’re real or not I think they are located in Oklahoma. GO VISIT THEM!
August 23rd, 2011 at 11:49 am
Educate yourselves…why sit at a pokertable without knowing your outs and odds? Its the same concept here. I bought 100 bids for 60 bucks. I spent 3 bids and won 3 times. 51 cents for 15 bids, 2 bucks for 10 dollar gift card and 10 bids, 2 bucks for 10 dollar gift card and 10 bids. 4.51 got me 20 bucks and 35 bids…work your bids for months then sit at the casino and enter the world series of poker, stop your crybaby bull and learn to gamble….if you aint cav!
August 22nd, 2011 at 8:33 pm
To the kid from “min-a-soda” – quit spending your parents money and do your home work! You don’t have a clue how the real world works or what it takes to make hard earned money! The best reviews I’ve heard is where the person broke even. How is that a 90% savings?
The other part of the equation that the adults are forgetting about is the cost of their time. You, being a kid, your time is free time. For the rest of the adult world, every moment spent gambling online to “win” something costs them time and energy that could be better spent somewhere else on something more constructive.
This is why the adults call this a scam, OK little kid? (said in a condescending tone on purpose)
August 22nd, 2011 at 2:19 pm
The people who are disgruntled here obviously are ignorant of what it takes to win something on this site. I use the name “preevyet” and I will attest that I am not an employee of Quibids, I am a US Army officer. I started out on the site with delusions too of winning a 55″ tv for $15. I knew from the get go that bids were $.60 and not pennies, yet it did not deter me. I realized if I was going to get my $60 back, I needed to find items that were not as desirable but that I could use. I love Sonic so I decided to bid on a $50 gift card + 25 bids. I dabbled with a few Bid-o-matics until I got the right price and won with 10 bids, paying $.45 plus $1.99 shipping, total price was $8.44 for a $50 gift card plus I was up 15 bids (used 10 and got 25 back). I dabbled in a few others though didn’t win again until a few days later I won another one for $.15 using 3 bids (total cost $3.94). So after two “victories” I had $100 in gift cards after only spending $60 for bids and $6.70 for the items, so I’m up about $33 and I still have bids. The cards arrived about 7-10 days later and I still have them, and have about $28 on the one I carry.
Now I decide to try to win something big ticket, a Dyson 12″ fan. I’ve watched a few auctions and know this could go for $3.65 or could top $40 (4,000 bids). Here’s the thing, you have to be willing to pay the price to get the item. Although I knew I could get it cheaper elsewhere, it was worth the try to get it for say $200 instead of $250. After getting into it early (first mistake, should have held off bidding for a while), I tallied up 421 bids (that’s $252.60) and decided to cut my losses and buy it outright. Four days later it arrived and we’re happy with it. The other day I decided to try to win another gift card, so the wife said get Dillard’s, so I spot a $50 fift card + 25 bids. I set a bid-o-matic, and amazingly win it for $.39 and only 15 bids.
So here’s my costs:
$60 initial investment
$375 for more bids and Dyson fan (price was $329 + $19.99 shipping)
Total spent (so far): About $435
What I have:
Dyson Fan (Retail $329 on most sites though I have seen it for $229)
$50 Sonic Card X 2 ($100 total)
$50 Dillard’s Card
Total received: $150 plus (using lowest price for fan) $229 for $379 (or $479 for “retail” price)
So not counting bids won ($45 worth) I’m either down about $60 or up $40, either way I’m set to gamble more and get back at least a few more items.
Bottom line, like a few have said, you got to be willing to pay their price (which for most items is reasonable).
Here’s some tips, first don’t get on at 8pm Eastern time and expect to win an Xbox for $2 and 10 bids, it won’t happen. More popular items will generate more bidders, you won’t get that iPad for 10 bids (maybe, but probably not). Go for a few gift cards with bids first, you’ll recoup your initial investment and get bids back. Look for auctions ending in the middle of the night, and take a stab at guessing how much with bid-o-matic (how I won all three gift cards). Lastly, watch the auctions first before committing so you know when best to bid.
I’m also on Beezid, though I like Quibids better, I’ve won $200 in gift cards (and 50 bids) there for an initial $120 investment and still have 80 bids left, though they don’t seem to have the same “buy it now” option. If you think I’m not real, e-mail me at this name at hotmail and you’ll get a reply. It’s not a scam but I will agree their advertising is misleading.
August 22nd, 2011 at 12:40 pm
The site is a scam. The only one coming out on a sweet deal is the company. Each bid is 60 cents and adds up quick. I now owe 60 dollars and no item but a threat from the company to pay the bill or they will ruin my credit. I plan to report it to the BBB. The company is making thousands of dollars on the items they are offering the bids. You will end up with a big bill, no item and a headache.
August 22nd, 2011 at 12:24 pm
Well that’s what you get for getting greedy and bidding on an item you didn’t really want in the first place, otherwise you would have used buy it now so your bids wouldn’t go to waste. But of course blame quibids for forcing you to participate in highly competitive auction, and then crying scam when you don’t win. You people are idiots.
August 22nd, 2011 at 12:02 pm
Just the fact they have a 350gb PS3 in their ad was enough to tip me off that something was off.
There are no such things as 350gb PS3′s, 320gb is the max.
August 22nd, 2011 at 9:34 am
This is a scam site. You would never win the item for the retail price because they have shill bidders. Use at your own risk, and as you know, you’ve been warned.
August 22nd, 2011 at 5:54 am
Researched, had some bids, won an apple magic mouse for 10 cents and I only used 3 bids. It’s not a scam, read the rules and how it works and commit. People that are too lazy to become educated on this and say it’s a SCAM really need to put effort into life.
August 21st, 2011 at 8:15 pm
This particular auction shows both the dedication you need to win a particular “big ticket” item along with the expense. You are not going to win the Macbook Pro with your $60.00 in bids.
http://www.quibids.com/auctions/166236393-Apple-MacBook-Pro-133-500GB-Laptop
This individual spent almost $590.00 in bids to get a retail $1,430.00 computer. I am sure she could get it on sale at an Apple Store for about $1,100.00 but no way she gets it for $590.00.
You have to be willing to sit there and bid and bid and bid to win something like this because individuals like this truly want that Macbook and are probably willing to buy it at retail if they lose after investing that kind of money. You are not going to steal this computer away from someone with that kind of dedication.
You have to be willing to either risk losing money or buy items at full retail. It’s a pretty simple concept. Start off with the $10 gift cards that also give you bids with the card. Stock up on bids. When you have stocked up enough bids and auctions won, you will be armed with both bids and knowledge on how the whole site works.
You can get $10.00 gift cards + 20 bids for less than a $1.00 if you play it right and, yes, get a little lucky. Even if you do not shop at a particular store, the holidays are coming around and a $10.00 gift card you paid about $2.00 for is a decent gift.
If you are desperate to get a $1,500 computer for $60.00 it probably will not happen for you unless you have patience and are willing to stock up on small dollar gift cards and bids for weeks.
August 21st, 2011 at 7:03 pm
I noticed Quibids from another site promoting it showing all these people who got an I-pad for 24.50 or an imac pro for 18 dollars. I was immediately game. Went to the site and entered my information and before I knew it I had purchased 100 bids for 69 dollars. Okay so the first day I started bidding on an imac and realized I wasn’t even going to come close to winning and realized I was out 20 dollars in bids. I read the tips which recommended I start small, so I bid and won two gift cards and enough bids to bring me back to 100 bids. So now I’m up 35 dollars in gift cards. Day two, I see a 200 dollar gift card. An Ad on the left says the last one went for 6 cents so I bid. then 10 other people bid. I try using bid o matic, doesn’t help. After about an hour of bidding, i’m out 95 bids and the card is now up to 13.00. I spent a total of 79 dollars on this site and all I have to show for it is two gift cards totaling 35 dollars. I started small like they said but they lure you into the bigger prizes by showing other ads where the prize went for cheap.
I deactivated my account after day 2. I’m Sticking to Ebay. at least I had something to show for my money!!
August 21st, 2011 at 3:31 pm
Wow I thought it might be a good idea so I was going to try it today but I saw this sight but I didn’t pay attention to it. I went to Quibids and looked but I didnt want to sign up for it so I decided I would take a look at this site and I’m so glad I did. Thank you all for making this sight and adding reviews for me to read!!! :)
August 21st, 2011 at 2:37 pm
For all of you who say this is a scam, you are stupid. I’m not some bot or qbids person either, i’m a 16 year old kid from Minnesota. When you bid on something, the timer goes up so people don’t win at the last second. Read the rules. It is true that the items do end up going for 3 or 4 times more than retail value, but it’s coming from FIVE OR SIX BIDS FROM EVERY PERSON. No normal minded person starts bidding at $0.00 and goes until the end. You could bid 1000 60 cent bids ($600) and all it would take is one person to bid ONE 60 cent bid to beat you. Figure out a strategy. Figure out when certain people drop out of the bidding and when it gets down to 2 or 3 bidders going at it, then put your bids in. I’ve Spent $120 on bids and have won a PS3 and $500 in gift cards.
If you’re too stupid to read the rules, realize how it works and get a decent strategy together, STAY OFF THE SITE AND STOP COMPLAINING.
By the way, contacting your bank? Come one. You lost. Grow up.
August 20th, 2011 at 3:33 pm
Reading some of the reviews here, it is pretty evident why America is falling behind in … well everything, especially education.
It’s a business. It’s allowed to make a profit. So what if they make $1,500.00 on a $500 computer or TV. The person who won the item has paid $25.00 + the costs of the bids he made.
The bidding platform itself is idiot proof. It tells you the current retail value of the item you are bidding on, the current winning bid, and the value of the bids you have made. If you have bid 20 times, it subtracts the $12.00 you have spent trying to win the item. It’s full disclosure on what you are paying if you chose to bid again. Just add 60¢ for your bid plus the amount the auction goes up.
It takes a lot of patience to win that big screen TV, computer, or other “big ticket” item your little heart desires. You probably will not get those items if you immediately bid your 100 bids and you would have wasted $60.00.
I started today, started with 103 bids, I now have 127 bids and won a $10 gift card for 1¢ – $1.61 if you count cost of bids and processing. I also bid on and won additional bids for future use. Not impressive but good enough of a start to me and I am learning on the people on the site operate so I can move on to bigger and better things.
If you do not get the concept, you are really, really, REALLY stupid.
August 20th, 2011 at 3:22 pm
The worst thing you can do is to bid on this site, total scam, please stay away.
August 20th, 2011 at 8:34 am
Did the $60 package… won 4gift cards worth about $160, and and won some extra bids. In the end I had 120bids left so I went ahead and tried to get a $50 Walmart gift card which I ended up spending all my bids and still lost… my problem is the (Buyout) it didn’t show the price deduction because of the bidcards I had won. I guess it seems that the price reduction only works when its your own money spent on buying bids… but when its extra bids that are won those count as nothing. I get that it’s a Business and it is supposed to make profit but wow… the house always win.
August 19th, 2011 at 12:10 pm
They direct new “victims” to auctions that seemingly don’t end, despite similar items ending at much lower prices. Be especially wary of the large number of Florida bidders, which is where many scams are set up.
August 18th, 2011 at 6:43 pm
My husband lost a lot of money trying to win an iPad. I lost a lot of respect for his money abilities as I watched him actually believe he had a chance. His common sense flew out the window. He refused to acknowledge the math.
He’s not stupid, but if it caught him, there’s tons of others being caught.
The basic deception is the name of penny bids. Each bid is 60¢ not a penny.
August 18th, 2011 at 4:18 pm
The good ratings are the clown or clone of the Quibids owner. The “real” losers are those who give 1 star…
August 18th, 2011 at 2:41 pm
Signed up, scanned terms and conditions, clicked ‘Next’ and came to the page asking for the credit card details at $60 to start. Googled ‘Quibids review’ and that brought me here.
Very thankful I did as it saved me $60 and I learned how the scam works.
Question everything.
If it looks too good to be true, you can be guaranteed that it is. (especially nowadays)
August 18th, 2011 at 2:29 pm
More likely to lose money than win, very much like gambling the house is always the real winner in the end, I spent about $80 on the site and ended up winning four $10 gift certificates and wasting a lot of time.
August 18th, 2011 at 1:35 pm
Its your fault you lost your money. Did you even bother to read the instructions before bidding? Its not a scam, you just refused to read. Did you know that what ever money you spent in bids could have been used towards the purchase of that item so you wouldn’t have been left with nothing? Oh well too late now….I’m sure Quibids thanks you for your business. I wish someone would blindly give me $120.
Quibids doesn’t owe you anything and if I was your bank, I wouldn’t give you a dime back. You agreed to the sites’ terms and conditions when you started to bid, why should they be responsible for something you agreed to?
August 18th, 2011 at 1:13 pm
I knew the math, I avoided the site, and then I gave it a shot when I was bored and wanted to gamble. I won some earings, some bids, 3 gift cards for around .75cents each that were worth $100.00. They are valid cards. So I started ahead, but everyone here is correct, it does seem like some bots are on these bids. I monitored 8 different IPAD auctions and watched the Bidomatic ers go at it, but rarely put in a bid, knowing I needed more bids. Got sucked in for maybe a total of $250 and won about $140 worth of stuff. Knowing you needed more bids, the last 100 was just on getting more bids. Every 25,50,250 bid auction that I did not participate in went for about 25% less than the ones I did bid on. When I went all in for a few chances to get bids, the system recognized it and a bidding war ensued. It is genius, but the odds are a lot worse than going to Vegas.
August 18th, 2011 at 8:36 am
I went on the site one night for about 20 min.I thought it was a penny a bid. i bid several times and jumped out of the site figuring at that time it must be a rip off. I never bought anything and now i paid $120.00 to them for nothing. I figured they had people that was on thier staff to bid to raise the money up, so i left the site and could only contact them by e-mail and i wrote them several times about how i felt and please give me back my money. never heard from them. I finnally got a phone number and trying to contact them that way. I also contacted my bank
August 17th, 2011 at 9:17 pm
I went on this site and won a few gift cards but I noticed after a few wins when I was the top bidder and the clock reached the one second mark it would sit there for up to3 seconds as it did tonight.Check it out and time that last second if you have won before.
The sight is a rip off and that is coming from some one who has won a few auctions.
August 17th, 2011 at 8:56 pm
SCAM!!!! Congress needs to outlaw these criminal sites.
Anyone posting a positive review on this site, is either a employee of Quibids or a bot.
False advertising is the most minor crime of these sites.
You guys insisting the site isn’t doing anything wrong, are advocating people spend at least 4 times true retail value for items that can be bought, used for 50%-60% of actual value.
August 17th, 2011 at 2:31 pm
It’s a business!!! If you pay attention to the bets and are smart about when you bet you will get great deals!! If the company makes three times the retail value in the process, good for them!! I get a great deal, the company makes money. For those of you that lose your bids and don’t win anything…. read the rules and don’t play if you can’t afford to lose. This business is genius!!!!
August 15th, 2011 at 4:06 am
Well, BouncySlim did not read much at all before coughing up the $60 because if he had he would have seen the money-back guarantee that is posted on the checkout page and redeemed every credit. That is, if he/she isn’t just someone with plenty of money that really wants some action – even if that means getting burned. I think it was Newsweek that likened penny auctions to heroin; I don’t need a fix and I have been doing eBay for over 10 years, both as a buyer and a seller, without any BS, thank you.
I am glad this page was written and I hope plenty of consumers will seek out information like this before impulsively throwing their money away.
August 15th, 2011 at 12:48 am
This is a potentially dangerous site for gamblers who are inclined toward compulsive gambling. What is really bad is that you have no way of knowing whether you are playing against really people or bots, do you?
I went, I tried, I lost and thankfully, I am sore loser because after spending 60 dollars, I deactivated my account stating that I had spent too much money.
I am quick, I am fast, I am alert and like all of you, I am better buying things at retail prices.
I am also competitive so when I saw myself bidding on items that I did not really want, I knew I was in trouble.
QuiBids is highly addictive. I sensed that immediately and got out. You are not going to win back what you have lost and the sooner you realize this and get out the better.
August 14th, 2011 at 8:28 am
How can they say it is penny auctions if each bid cost you $.60 Where do they get penny auction from that?
August 13th, 2011 at 10:28 pm
Any bid sites has shill bidders – QuiBids just makes it a policy. Not reading the rules is one thing; having a company provide itself with fake bidders to drive the price is quite another. RUN from this site and never look back. Or get burned until dark and crispy.
August 13th, 2011 at 8:44 pm
EXCELLENT review. They are actually CRIMINALS because their “premise” is in fact a LIE… They are NOT selling “overstock surplus”, “company liquidation”, “government auction” or “discount auction” merchandise! If a product goes to $55.70, like for an ipad-ii, that’s a WHOPPING 5,570 bids…. Think they’re NOT using computer programs making fake bids? As long as the LAST bid is their “robot”, they KEEP their merchandise, and they’ve MADE 5570*.60=$3336!!! (Minus the fake “robot” bids). And who knows how many fake bids are there just to “interest” you too? And after spending your money, they offer you, and it’s APPARENTLY an “unlimited” amount of the merchandise they are selling, for, hey, RETAIL PRICE!!!! I thought they acquired “limited inventory auction closeouts” stuff!!!! Add to that, that they prefer you NOT buy anything at all, really, which would only give them REGULAR markup prices and cut into that $3336 and they’d also have to send people to the local crApple store to buy their overpriced portable video game systems. Between this and the raping of America in the mortgage HUSTLE of 2008, you really ARE losers.
August 12th, 2011 at 11:51 pm
I wish i had read this site before buying a bid package. I don’t believe the site is a scam, but they are definitely making a lot of money from each 1cent bid. They are actually making more money on a lot of items they are selling. In that sense it is a scam. The person winning typically wins, but everyone else is out of 1cent = 60cent X number of bids. Im going to try to win a few obscure auctions and try to recoup my initial investment, and I’ll stick to ebay.
August 12th, 2011 at 8:16 pm
if you really are skeptical just pick one of the more expensive items and buy the retail price of that items worth in bids. that way, even if you DO lose, (with 200 bids on a $200 item I highly doubt that’ll happen) it will give you the option to put the bids spent towards that item for retail. With this method, you still have to be willing to pay retail as a last resort, but at least you won’t lose more money than it costs to pay shipping.
August 12th, 2011 at 9:41 am
Actually, their address “4 NE 10TH Suite 242 Oklahoma City OK 73104″ DOES exist – it’s the local “The UPS Store”.
Go ahead, map it (4 Northeast 10th Street), we’ll wait.
“Suite 242″ is simply the postal drop box inside that particular UPS Store.
It’s a mail drop folks…very commonly used by companies and people who don’t want anybody to know where they REALLY are.
Mail drop = hiding something.
August 12th, 2011 at 4:39 am
You guys are trying to compare apples to oranges here. On Ebay, the product owner and bidder are NOT employeed by, with or associated with Ebay. Ebay has NO total hard cash, credit invested in what is being listed by others using Ebays services. Penny auctions, are just about what they are. These services are supplied by and (the big difference) products supplied by the auction service. These companies have skin in the game and need a way to pay for product, auction services and make a profit so that they can duplicate this over many times.
What don’t you people understand. REMEMBER, no free lunches, nobody will give you something of value for nothing! If you need a further understanding, go to econ 101 and start from there OR stay of the site if you feel your getting ripped.
August 11th, 2011 at 5:28 pm
It is not a scam, yes, it is a gamble and you have to pay to play. But just like gambling you have to set your limits and stay within those limits. Obviously if you get in a bidding war and get invested in it then your going to lose money. But if you keep your wits about you, set a limit on what your prepared to pay and bid as the item gets close to closure then you might get lucky.
If your just starting out, read the information they provide, it is helpful. Focus on the one item you want, not a multitude of items just because you can. If you look at what is available, then make practical choices, then you will win the bids.
My example today…I got a $100 Chapters Gift Card for 6 cents, I bid on it twice, so in actuality it cost ME $1.20 with Shipping and GSt was a total of $3.77…that to me is a good deal.
Same with the Digital Camcorder I “won”, I bid 1 time to get it, I happened to get in right as the buzzer was sounding and noone upbid me. So in total the entire item WITH Shipping and GST cost me $8.63 for a $192.00 item (and I did the research before I bid on it to find out what it was selling for retail, instead of believing the site)
Again, do your homework, make a plan and don’t get caught up in a bidding war and this site will work well for you.
August 10th, 2011 at 3:30 pm
I cannot comment too much on Quibids but will admit that understanding the rules (or the explanations of the rules here) Quibids is a gamble, fine, understood. However, all auction sites are not a gamble. On eBay (and I can only talk about eBay)a bid is not a gamble. You can bid as much as you want but if you don’t win, it costs you nothing. You do not pay to bid on eBay, ever. All prices and fees and shipping is there for you to see. User ratings even let you know if the person selling an item is trustworthy. If you want to try and get a good deal on something go to eBay, at least there, if you loose an auction, you do not loose any money! Quibids might not be a scam, but it is misleading.
August 10th, 2011 at 3:25 pm
I have to say, at first I thought Quibids was one out of a myriad of internet scams. After taking a look around and seeing several items I wanted, I decided to give it a shot and bought my first bid pack, To my surprise, I received fifteen extra bids for joining. Still a little skeptical I started watching an auction for the Amazon Kindle
2. I’ve been wanting a Kindle since they came out, but as a waitress I can rarely afford to buy products in the area of $300 or so. I decided I’d try for it and after a few bids I won it for about $30 after only a few bids. My doubt in the site was blown completely out of the water when I received my Kindle two weeks later. I LOVE IT,and once I have some spare change to throw around I’m definitely coming back for more!
August 9th, 2011 at 9:55 pm
It’s a wicked site. No doubt you’ll lose money on it. I bought the 100 bids and gave it a whirl. Took my time, won a few ‘easy’ auctions for gift cards and got nearly 100 more bids for badges and vouchers. After my ‘real’ paid bids were gone, I swear, I couldn’t win anything. If I didn’t bid, things were going for very cheap. If I did enter an auction, someone showed up every time and bid against me, sometimes stubbornly. I too wonder about bot bidders, it was uncanny how I would bid on the ‘relentless’ bidder auctions while others in the same time frame for the same item went for very low amounts.
I agree with most here, if you love to gamble and chase a deal, have tremendous patience and LOTS of time to kill it can be fun and rewarding. Otherwise? Stay away! It’s a ruthless cut throat site….
August 9th, 2011 at 8:49 pm
If you want to read a comprehensive understanding of QuiBids, read Phils review from Aug 8. If you want the short version, here it is:
HOW IT WORKS: Item goes up for auction, let’s say $100 gift card (note how limited some items like Apple Products are – one per day). Bids cost 60 cents. First bid is $0.01. If you win, you pay a penny, plus shipping plus your 60 cents. But this is the exception. Most cards will sell for $2 to $3. So you pay $3, plus shipping plus all your bids (if you bid 30 times, you just spent $18) for a total of say $25. But remember, Quibids just received 3,00 bids, or $160. So they brought in $180 for a $100 gift card. Got it?
WHEN TO BUY: There really is no strategy that will definitely work. On a few occasions, auctions will end quickly and you’ll kick yourself for not bidding. But most of the time, the number of bids will wear you out. Take a MacBook Pro with a $2k value. If it sells for $110, you just got yourself a bargain. But of the 11,000 (yes, eleven thousand) bids, how many did you submit?! And how would you ever know when to stop? Well, the answer is this: ONLY BID IF YOU PLAN TO BUY AT FULL PRICE. QuiBids will sell you the item for retail minus the expense of any bids. So If you’re on your way to buy the item, save a trip, enjoy the bidding and keep your fingers crossed. Otherwise, stay away.
TIME INVOLVED: Finally, using our $110 MacBook Pro…11,000 bids means the clock was reset 11,000 times. Now while some bids happen quickly, many happen at the end of the reset. By my calculations, the average auction for a high end item like this will last 30 hours. Better get yourself a Bot or a Red Bull!
August 9th, 2011 at 7:09 pm
Haha, is it a scam? Absolutely! But not in the way where most people think. Take a look at the website and watch auctions. Items tick down, 10, 9, 8, etc. Once a bid is placed, the time shoots back up. Every auction, every time. With 1 second left, multiple bids go in shooting up the price as well as the timer back up to 10-15 seconds. This continues for minutes versus seconds. Sucking you dry of your 60 cent bids. Do yourself the favor and just buy the item at retail or ebay. At least with ebay when the timer runs out, the auction actually ends versus sticking around for god knows how long until most people run out of bids or say screw it they wasted enough money. Quibids takes advantage of stupid people hoping to get stuff for cheap. I rather pay more and be headache free.
August 8th, 2011 at 5:47 pm
After being sucked in and wasting 60 + dollars, I consider this site a gambling site. I won’t go there again.
August 8th, 2011 at 5:18 pm
Okay people. Some of you look like you havent done your homework. A. The people who are saying its a scam because they cant afford to practically giving this stuff away and they aren’t making money.
–You are paying .60 per bid. EVERYBODY ON THE SITE IS. FOR EVERY BID. There are many many many people who use that site. And im guessing they all paid for more than one bid. Lets say you see a 100 dollar wallmart gift card. currently its at $19.99. you place a bid, and maybe you win. you paid .60 cents for that ONE BID(up front). So you get the gift card for 20 dollars (and the .60 cents you already paid for the bid) and S&H. maybe thats about 5-15 dollars. so you get the 100 dollar gift card for between 20 and 35 dollars. Good deal. So how are they making money? well let us use our brains for a sec. 20 dollars in PENNY BIDS= 2000 bids @ .60 on the bid that means Quibids makes 1,200 dollars off a 100 dollar gift card. It seems criminal how much they make, but in reality, its just like the lottery.
You have to pay to play, and depending on how smart you are, and how lucky you are you could either pay alot for the item or very little. Imagine 1,000,000 people all paying 1, 5, or 10 dollars on a lottery ticket for the chance to win 10,000,000 dollars. You will either win or lose, but the more tickets you buy the better chance you have to win. Its just a matter of how much you want to spend in relation to how good the odds are and how much the return is. You are paying for something you want-more money, and are taking a risk by doing so.
B. The people who say its a scam because they lose a lot of money.–COME ON PEOPLE! Stupidity. Is not. An excuse. You need to bid smart. And (keyword here) NOT get carried away. I see all too often people go on QuiBids and bid immediately on items that have just been put on auction. That is an IMMEDIATE waste of 1 bid. You’ve got however many minutes until the timer runs out For somebody(or multiple somebodies) to one-up you . . . multiple times. You bid on that tv you want with 30 minutes left on the clock, it doesnt matter the price right now, the problem is there’s 30 MINUTES STILL ON THE CLOCK! Then somebody bids right after you and you get caught up in the fervor of beating them. SUGGESTION #1- Remember that QuiBids is not E-bay. Your ONLY goal is to bid LAST. Not faster than your neighbor. Not more than your neighbor(youre all bidding at the same incremental rate). Just LAST. QuiBids is U.S.A only so think about the times you are bidding at.If you are on at 3 am Arizona time, chances are theres going to be less people online and therfore, less competition. If 5 people show up at an auction for a very nice car, youve got a better chance than one with 80 well invested rich men. Keep in mind you’re on an auction site, so keep that mentality when bidding. Now you know, so when you lose a lot of money, its not their fault, its not false advertisement, its a general lack of self control or a stroke of bad luck(it does happen. An auction site like this IS akin to gambling so remember to treat it as such.
C. People saying its a scam because they are winning but arnt breaking even, or arnt better off than when they started. –Anybody ever played poker, blackjack, slots, or roulette? Its gambling. Nobody wins all the time. ESPECIALLY people who are unsure of how to play the game.
D. People who are saying its a scam because of BOT-BIDDERS. –While i do believe the idea is ridiculous, it is still possible. It is electronic, it is over the internet, but for now i think its impossible for anybody to tell. I do not believe they would use BOT-BIDDERS for a multitude of reasons. Reason 1 being: There is already enough competition on QuiBids as is. Reason 2: I believe the fact that many auctions are not bid on at all discounts the BOT-BIDDER theory. Reason 3: They are already making an EXTREME profit margin. Whatever an item ends at, convert it to pennies, multiply it by .60 and then move the decimal. We’ve already established how large the gap between retail price, what the winner pays, and what the site gets so BOT-BIDDERS are just overkill. Besides. They would be really easy to track.
E. To the person who said he saw one auction “vanish.”–When the time runs out and nobody has bid yet, the auction gets recycled, for a later time probably within the hour.
As long as you keep in mind what you’re getting into, and you’re smart about it, you may come out with a lot of great, and inexpensive products while helping QuiBids produce better quality services. My only request is that people stop bashing it because they think the deals look too good, or they lost money and feel sore. To those people i apologize but at the same time, i realize your mistakes. Treat the site with caution so you don’t throw away your money, and take every bid with a grain of salt. The deals aren’t miracles. They’re QuiBids.
August 8th, 2011 at 4:45 pm
Quibids.com is a scam. Nothing is open to the buyers . I purchased $60 for 100 bids, and end up with nothing. I didn’t count how many times I pressed the bid button, but the history said I used 60 bids at the end. I was a careful bidder, I couldn’t believe I used that many bids. I was very upset not because I didn’t win anything, I was upset because I spent all my bids just in a few minutes. We may call this gamble, but it is hidden gamble. If we go to Casino, we will see and know who the winner is, but with this website, you never know those names showing on the production window is real or not. And this game has no rule to follow, don’t believe the timer, it is misleading. So, like my husband said, this is efficient market, you won’t be the one getting the best benefits. I deactivated my account already and just want to remind all the people who are still throwing their money to this website. We are not stupid, are we?
August 8th, 2011 at 12:43 pm
I laugh at many of these comments. Calling this website a scam… Uh, no. You just don’t know how to read the rules. Just because you can figure out how to use eBay without reading the basics doesn’t mean that quibids is a scam because you NEED to read the rules to understand it.
How quibids works is that you pay 60 cents for every ONE bid you make, regardless if you win the item or not. So if you made 30 bids on an item and lost, no matter what, you pay $18. The ending price of the item is just there for simplified bidding purposes and you will know how much quibids will make after the auction ends.
So let’s say an iPhone 4G sells for $26.80: You think “why would they sell their iPhone for so little?” Well, person who asks that question, you are stupid. It didn’t actually sell for that little. There were 2680 bids on that iPhone. Let’s do math: 0.60 cents x 2680 bids = $1608. $1608 is how much quibids made. However, the winner is not going to pay $1608 for it. EVERYONE who made a bid is going to pay their bids x 0.60 cents. So if you only bid 3 times on the entire auction, you will pay $1.80 + the shipping. And that is how quibids makes money and you SAVE money.
If you’re experienced and know what you’re doing, this is actually a great website to make awesome deals. If you’re stupid and call the website a scam, then go spend full price elsewhere.
August 8th, 2011 at 9:48 am
VERY MUCH a big SCAM I lost 60 Dollars on this site I was so foolish to even enter in to this site, seriously one of the biggest scams on the Internet… I dunno why Govt let companies like this to run these kind of scams on the internet.. it is way worse than Gambling….
August 7th, 2011 at 9:37 pm
This may not be fraudulent activity in the legal sense, but this is a terrible example of misinformation and misleading advertising. These are not “deals” … a set of 100 bids costs “$60″. Each bid increases the price by .01. One cent. An item that “sells” for 10 bucks, didn’t “cost” 10 dollars. It cost $600. I watched hundreds of auctions and actively participated in dozens of them. None of the items went for less than retail. (And that’s even when you consider that the “retail” price that they listed was 150% to 500% higher than what you could find on ebay). A $50 giftcard cost $900 ($15 x $60). A pair of sunglasses – cheap Oakleys that you can buy for under 100 bucks anywhere (but was “valued” at $150) cost $1200 ($20 x $60). And it takes HOURS of sitting there to get something decent. It is truly awful. A terrible site, and service. I’m not surprised quibids (and other “penny auction” sites) are popping up … just look at the numbers on the items that are sold. It is shameful.
August 7th, 2011 at 3:01 pm
To: Myles August 5th, 2011 at 1:42 pm
If everybody calls them up on this, they would be losing their underwear. Try getting it sent to your workplace or a friend’s workplace where someone will be there to receive it. Consider this a $600 lesson, you’ll smarten up next time, won’t ya?
August 7th, 2011 at 2:44 pm
Probably is a scam like ebay… yesterday we bid in something we are searching for very long time… and the starting price was low… 829.00… we have to bid by 10… we bid 839.00 in seconds there was “another person” bidding 849.00. We just quit right away. I am not doing again! Thank GOD I read this about quibids.
August 7th, 2011 at 12:33 pm
My Mum always says: “If it’s too good to be true, it probably ISN’T true.”
August 7th, 2011 at 10:11 am
I signed up after I read everything and thought I understood what was going on and still do but when I saw that my credit card would be charged 60$ to join in the fun I thought to myself I could have more fun getting up and taking my wife out to dinner I say read everything all the info is there and being able to do 5th grade math would help they rely on fools rushing in
August 7th, 2011 at 12:01 am
i just learned what is really happening…when they dont want an item to sell at a low price or sell at all, but they still want to make money they have a bid-o-matic with unlimited bids and run the biders out of bids so they buy more bids and continue biding.
August 6th, 2011 at 9:32 pm
Hi, My brother in law is one of the founders of Quibids. While I believe that this site is ridiculous I know for a fact there are no bots on this site. This site is targeted, just like the lottery and casinos, for the poor who want to “get rich quick” so to speak. This company makes their money off of the bids purchased and the hope that the high profile prizes rack up the bids. If you don’t like the idea that you won’t win every time then don’t play this site. If you like to “gamble” to try to get huge savings then this is the site for you. I am just really tired or reading reviews of this and other penny auction sites as being “scams” when it is really just people who don’t know how to control themselves losing a bunch of money on what is essentially gambling.
August 6th, 2011 at 4:20 pm
I got caught up in the in the auction before understanding the game and the cost fully . The shipping and handling was 16.00 Not including the bids the items only cost 1 cent for a 10.00 gas shell gas card and a cheap alarm clock was 2 cents.Wish I had used common sense…
August 6th, 2011 at 1:03 pm
In response to db who said: “come on people you are buying bids from these people and they are making money so what your getting good deals on some good products, all these people that say its a scam are just jealous they didn’t think of the idea !!! I could not care less what they made on the product that’s why they are called a business to make money !!!!”
yes it is a business, and yes they should try to make money. BUT!!!! they should do it in an Honest and Ethical way, to both serve their customers, and the community as a whole. to do anything less is grossly criminal and I’d even say downright evil. there’s a difference between running a legitimate business, and running a scam to take advantage of ppl trying to get by in a sour economy.
August 6th, 2011 at 11:16 am
I am a programmer and have full knowledge of how an auction site works and should work. First, all auction site is a gamble. You may win or loose, that depends on how you play. Just like when you play cards. So, calling it an auction site a scam or cheat is the irresponsible remark unless you have some good reason for it. Hence, anywhere gambling is legal this should be legal to.
Now, the most important part. An auction site is not a scam or a cheat as long as it is operated fairly. When speaking to Quibids, is it run fairly? I spent about half an hour looking at the site. Nearly, about 6-10 auctions got closed by that time. It was quick. But that’s not problem, they can run as many auctions as they want. I noticed a strange but common fact among all the closed auctions. Not even a single auction made enough money to cover the cost of the product. So, the profit is a very far away.
I know, not every auction make profit. Some auctions do get closed early and are in loss. But most of the auctions do make profit. But, what’s the scenario here? No, profit at all. You can not run a site in such way and for such a long time if you do not cheat. Or, you have to have the free access to vault of Central Bank of US.
Hence, my conclusion is, it is surly a scam. But, keep in mind that I spent very little time on the site and have not even bid myself. So, please correct me if I am wrong but be aware from those fake posts.
August 5th, 2011 at 3:32 pm
Quibids is the best way to lose money. Like PaceyPimps said, it is hard to explain how someone would start to bid for an Ipad or big TV unless they have bots running behind. I tried it once and won few gift cards, but once you start winning the competition gets high. Like you’d see people bidding for a $25 gift card and spending more than $25 just for the bid. And these last minute “bidders” wont give up until you lose all your money. I am sure these are bots because no one in his sane mind would spend $90 for a $50 gift card. To prove this I setup a camcorder on my monitor and recorded the whole bidding process. I then counted the number of bids the winner and his competitor has placed, and it was wayyyyyyyy more than the actual value of the gift card itself. This proved to me that there are possibly bots running or insane people spending their money like crazy. Never went to the site after that….I can upload the video if anyone is interested.
August 5th, 2011 at 1:42 pm
They sent a tablet I paid $600+ for with no signature required. UPS left it on my porch at 2PM I get home a little after 6PM its gone and when I call in to find out what’s up they say to me that I have to “PROVE I DIDN’T GET IT!” WHAT THE HECK? Quibds.com if you read this look at my account you know I spent a lot with you and that is how you treat me? I think most of the complaints I read is because people don’t understand how penny auctions work but this is poor customer service quibids.com. It’s your fault it is missing how am I supposed to prove I didn’t get it? I don’t have it is that proof enough?
August 5th, 2011 at 12:18 pm
come on people you are buying bids from these people and they are making money so what your getting good deals on some good products, all these people that say its a scam are just jealous they didn’t think of the idea !!! I could not care less what they made on the product that’s why they are called a business to make money !!!!
August 4th, 2011 at 10:18 pm
Scam, scam, scam. This is nothing more than gambling. In a legit auction, you don’t pay unless you come out with the top bid. Here, you throw your money away with no guarantee that you will get anything for it. No better than a slot machine. Hopefully, this will be shut down soon.
August 4th, 2011 at 11:33 am
The thing is, you need to read the rules before playing. You aren’t buying something, you are auctioning for it. Of course the business makes money off of you! (WHAT BUSINESS OPENS THEIR DOORS TO LOSE MONEY) if you don’t understand what you are actually spending versus what you are willing to spend, this is not the site for you! My rule of thumb is to only bid on items I would be willing to ourchase at the buy it now price. If I save money and entertain myself in the mean time GREAT! I have won a Kindle (with shipping, fees and bids) I spent $60. I won a blue-ray player (all costs including bidding $25) I won a watch for $8 (all costs including bidding). If you don;t want to take the time to set limits for yourself and learn when to back out, then great! You are the bidders who allowed me to get my stuff for cheap! But don’t turn around and complain because you didnt research how you are spending your money or because you lost. If you don’t like the website DON’T GO TO IT!
August 4th, 2011 at 11:16 am
Quibids is a scam. It has its own programming system that does not allow the person who has not bid enough. The software automatically recognized a new person who has potentially to win and when that person bids the software automatically recognizes this new person and bids against that person. So there is no way you can win in the bid since you are not bidding against a person but a software that runs by the quibids company itself. I think it is a scam and also seems illegal but I don’t know who and how to report to someone. The profit level of the company is about 500%. I think ebay is legit and true business. The quibids and other false business will continue to flourish as long as people want to make money without working. Stop Quibids and work or suffer great lost of time and money. God bless you.
August 4th, 2011 at 1:32 am
Quibids is a business. Like many other business, they strive to make money. They make money by having people gamble at sixty cent increments on an item. when there is gambling, there is usually a few number of people who win a large payout, and many people who lose money. Quibids is one of the few who receive the the large payout. If they were not receiving money, they would go out of business. They have a set of rules that every participant must follow. If you are angry that you gambled your money and lost, don’t be angry at the website. It is your responsibility to know how to spend your money and what you will be receiving in return.
August 3rd, 2011 at 9:40 pm
I won a Sterling Silver Heart Bracelet they mention in the Winner Information that the Value Price of this item is $74.99 and the shipping cost is $12 I just got it in mail today it not worth even for $5 it looks too ugly and cheap and small. I paid $12 only for the shipping to get this item.
August 3rd, 2011 at 8:43 pm
This is the worst ripoff company in the world…Do not even try it…you would lose money & make the owners richer…
August 3rd, 2011 at 5:21 pm
SCAM, SCAM, SCAM!!! Save your money!! No different then playing the lottery or going to Vegas. If you like to gamble then go ahead but be prepared to lose money because ultimately you will.
August 3rd, 2011 at 2:45 pm
Something strange happened on Quibids today. I was looking (Not biding) on a scooter that was $1500, surprisingly their weren’t too many bidders, the bid went all the way to one second and I thought the bidder was going to win the scooter for 81cents!! When the clock got to 1 sec it froze. I recorded it with my phone and hit the refresh button, nothing. I closed the browser window and reopened Quibids, it wouldn’t load. My google and other sites worked fine. (I’m on a t-1) Now its back up and the scooter disappeared. hmmmm.
August 3rd, 2011 at 2:33 pm
Quibids is real, the article is incorrect about warranties. I won a big screen tv on quibids, it showed up, brand spanking new and cost me less than $100 to the door. BUT – the motherboard was bad from brand new it would turn on, but switch of erratically , I called LG, told em where I won the TV, they sent out a repair man and fixed it. BUT – you can loose big on Quibids too, I’ve spent $275 trying to win an Ipod, I ended up using the overpriced buy it now to negate my losses.
Quibids is not much different than a slot machine, but you have the choice to get back most of what you spend if end up on the loosing end of an auction. Have fun with it, but read the rules carefully, Don’t expect an Ipad for $5, But I won one for $29 delivered to the door. -Steve, Northern California
August 3rd, 2011 at 1:16 pm
Wow – An I-Pad for $22.53 ????? Really ????? Come on – this in NOT REAL. IT IS A SCAM. Anybody with any sense would know that you cannot purchase an I-Pad for $22.53. That does not even cover the tax lol – This company thinks the rest of the world is stupid I guess
August 3rd, 2011 at 9:52 am
and the only reason they are part of the BBB (better business bureau), is because they PAID ENOUGH MONEY, trust me i have a small business and thats all the bbb is about… MONEY… Just think, if your part of the “better business bureau” shouldnt all your customers be happy!!!!!! that sure doesnt sound like the case to me
August 3rd, 2011 at 9:45 am
at the end of the day…. Its a scam. If you really think they dont have BOT BIDDERS, or dont have people on payroll that bid to raise the price to what is desired…. I feel so so sorry for you. but the messed up thing is it would probably be impossible to prove it. try quibids if you want, but obviously if this many people are complaining then somethings not right. ALL penny auctions are scams, you dont see people complaining about ebay!
August 3rd, 2011 at 12:50 am
Just my two cents. It is like going to a prize arcade when they where still around. You paid maybe $1 or $2 per token. Played afew games, and maybe got like a cool prize that you could have gotten at the dollar store.
Now I don’t see kids and parents cry foul. This is pretty much the same thing. I just watch I few bids and you it is like Gambling only the odds are better if you are too stupid and emotional and bid like mad.
August 2nd, 2011 at 6:04 pm
It isn’t an auction, and it’s not quite a lottery: at best, it’s a raffle, where you spend money for a CHANCE to win something of value. Call it what it is- it’s a RAFFLE, nothing more.
August 2nd, 2011 at 3:15 pm
Well, I will say this… I don’t believe it is a scam, I’ve verified with the BBB. Also, I have bid on auctions where I got a couple things that I wanted… earrings, and something for my son. And although I payed 60 dollars for the bids and a total of 13.35 for the items.. They retail value of both items equaled approximately 100 dollars, so at least I know I made out that way even if I do not bid or win any other auctions… Someone compared it to gambling, and I would say I’d have to concur. You just have to be savvy, and I’m not sure I’d bid on really high ticket items if you want to feel like you came out ahead unless like those that gamble often, you’ve got the money to blow lol
August 2nd, 2011 at 3:00 pm
I have no idea why so many of you feel entitled to get items for cheap on this site. There are many others that want that same TV or whatever item you are bidding on so of course the competition will be stiff on high demand items. Just because its a lot of competition doesn’t mean its a scam. Just because YOU don’t win doesn’t make it a scam.
If you are not willing to pay retail on an item you have a good chance of NOT winning, then yes you will lose money. But still none of you have explained to me how that is Quibids fault, as they give you a clear way out if you don’t win by offering you the item at their regular price minus whatever you spent in bids. Oh yeah, and that girl who lost $150 on this site, that’s HER fault.
This site is for people who are looking to POSSIBLY get a good deal on an item they were looking to buy anyway, or a person who likes the thrill of the chance to get an item for pennies on the dollar and doesn’t mind losing some money in the process.
None of you are entitled to these items, if you want to get it, you have to spend money to TRY to get it. If Quibids offered everyone these items for $2 then they wouldn’t be in business for long. Also if they did, I bet some of you same people will STILL complain about how they run out of items so quickly.
You have to pay to play on Quibids, and if you can’t stand the heat, get out of the kitchen.
August 2nd, 2011 at 2:48 pm
I just blew 60 bucks on quibids, sure i won a few auctions but i was far from breaking even. i would not recommend this site to a friend because friends don’t want friends to lose money. Stay away people, i don’t want you to lose money either. I would say its a scam but its my fault.
August 2nd, 2011 at 12:43 pm
This whole Quibids thing is a complete scam. Don’t do it.
August 2nd, 2011 at 1:05 am
After seeing a television ad for quibids.com I was curious. I logged on and decided to register an account to try out the site. I was new to the concept of penny auctions. I purchased 100 bids for $60.00. Not sure what to expect, I began bidding on items. I won my first auction within the first 5 bids. After my first win, I was still a skeptic. Once I spent some time on the site, I realized what a great site it is. It might not be exactly what someone expects after watching an ad but, what an amazing business concept! I recently saw a MacBook Pro on quibids.com sell for around $43. Since it is a penny auction that means there were at least 4300 bids. Remember that bids cost $0.60 each. There were over $2500 worth of bids at this item. That is at least double the retail price of the MacBook. So whereas someone may have purchased the item at an unbelievable deal, the company still makes more than their share of money by selling bids. Though it is sometimes difficult to win a bid, a savvy bidder can earn a great deal on thousands of products. I wish I would have thought of such a great concept before they did!
August 1st, 2011 at 10:04 pm
What i don’t understand is that its seam to be logical that you should not start the bid till is starts to reach at least reach the retail price but who are these dumb bidders that start off the bid who know that its a lost bid, I am not sure how this works cause who in there right mine starts off a bid to know your going to be out bid. I know i have a hard time bidding in ebay when i know i am going to be out bid so i way till the end so who in there right mind would bid to reach $1 on a tv you know will at least go for $150. They must have bot to start off the bidding if not no one would bid. weird pls someone explain
August 1st, 2011 at 7:06 pm
Just signed up and read everything. Let me say this. Foolish. Why would any business force you to buy $60 worth of possibly nothing to start off with. 2nd. It doesn’t take a mathematician to figure that on the 1 cent increment bids your losing 1/6 of your money for it…lolx2….what a joke. I see how all you pro-bidders agree with the system but that’s just telling others its ok to be a rip off….Its not even gambling or like it….at least I can make a little money off gambling on a penny machine or nickel even….hilarious…what a ridiculous and preposterous way to lose money…
August 1st, 2011 at 1:08 pm
Quibids is not a scam. I spent several weeks researching and figuring out when to spend my bids. The thing that upset me was that you have to spend 60 dollars to start. With that aside I won a pair of 159$ oakleys and a 50 dollar dicks sporting good girt cards with 25 free bids all together for 20 dollars and 25 bids and I also got those bids back with the voucher.
July 31st, 2011 at 11:56 am
technically this site is legit, but the odds of you winning something decent, make it seem like a scam. Every time you bid there will be at least 5 other people that are willing to bid. Maybe one of those 5 “people” could actually be a Quibids BOT! It would be incredibly easy and smart for them to add a bid-bot, they could bid their OWN ITEMS UP! I’m serious i have seen bidders that don’t have a location listed! which is really suspicious. Don’t join this site. i saw on the news, a story of a girl who put 150 in and lost it all. ITS NOT WORTH IT.
July 30th, 2011 at 3:51 pm
Did you know that bids expire in 6 months if you don’t use them ????
I didn’t so the money is just gone BS
July 30th, 2011 at 7:24 am
It is a legitimate and very clever scam. To give you an example. Yesterday an apple lap top went for $156.
Since each dollar = 100 bids That is equivalent to 156 X100 = 15,600 bids for the laptop. Since each bid is worth 60 cents, the company made $9,360 for the laptop!!!
(15,600 bids x 60 cents/bid)
July 29th, 2011 at 3:29 pm
I just joined Quibids today and I am on the fence if it’s a scam or not. I understand the bidding. But my problem is when they add new items the whole screen shifts and I found I accidentally click on a few items I had no idea I was bidding on. It was very difficult to follow the item I wanted.
July 29th, 2011 at 3:27 pm
THINK OF THIS AS A GAMBLING WEBSITE!! That’s all it is. It’s a penny slot machine that gives you the chance to win a nice item for cheap. It’s not a scam. Just a good time spent gambling :)
July 29th, 2011 at 1:43 pm
BEWARE U might be betting against BOTS, I have a feeling QUIBIDS is using BOTS to bid against real ppl in half of the item being auction off. Imagine if 10 people are bidding on an IPAD against a BOT run by Quibids. When the 10 people run out of bid and the BOT win the auction, guess what Quibid just rob you of your hard earn money be/c their BOT was program to out bid you HAHAH…In the end they stole your money and they still have the item to start up a new auction.
July 29th, 2011 at 1:09 pm
I’m not sure why my posts keep getting deleted when I am only speaking the truth. But the fact is Quibids is NOT a scam site. Sure they make a lot of money, but its people that don’t know what they are doing (and people who don’t utilize “Buy it now”) is who they make the most money on.
Unlike other penny auction sites, Quibids out of courtesy offers you the item lost out on in the auction at the regular price minus the amount you spent in bids. Sure some items may be a little more than what you see in the store, but the way I see it would you rather be out a few bucks and have the item you were bidding on, but be out hundreds of dollars and have nothing? The choice seems obvious to me, which is one reason I would never bid on an item I didn’t really want in the first place. Only the sore losers and “sour grapes” people would choose to have nothing AND be out of their money.
The number one rule to remember is that if you aren’t willing to pay full price for an item if you don’t win or if you can’t stand the thought of being out of money and have nothing to show for it, then simply don’t bid.
To answer another person’s question about “who in their right mind would spend .60 on a 1 cent bid”. The answer is people who understand how penny auction sites work, sure you spend 60 cents on a 1 cent bid, but you can also make out very well. So if you happen to win that item for 90%+ off of retail, the cost of your bids won’t matter as much IF you bid smart. But if you spend $400 in bids on a $500 item, then you are a fool for not knowing when to give it up.
So stop blaming Quibids for your lack of understanding of the auction and the site itself Everything is clearly laid out, even the $60 start up fee which gives you 100 bids. They are not stealing anything from you, they are here to make money which is just like any other business.
July 29th, 2011 at 12:21 pm
after reading some reviews all i can say is WOWWWWW!!!!, It is simple math people, just think logically, they makin crazy bucks off u people. you will not be able to sue them, everything is in black in white, all you can do is try to win some money back trying to be smart about it, or take your losses as A LIFE LONG LESSON, maybe u be more careful next time
July 29th, 2011 at 12:10 pm
this goes alot deeper than you think….. little prizes are easy to win cause quibids is not worried about losing a few dollars, now lets talk bout the big prizes… think about a t.v. that retails for about $1200, there’s no way their gonna sell the t.v. for a couple hundred bucks and make a profit, so more than likely they have their own bidders, that way the bids will meet their “hidden reserve”. now if the bid $ shows $20.00, that means their was actually 2000 bids. and if u multiply 2000 times $ .60 cents( which is what they charge for a 1 cent bid), it equals $1200. so if you do the math you can start bidding around the right amount so u dont waste bids( a whole lot of money ), and have a much better chance of winning. i just hate to see so many people waste their money, TRY TO BEAT THE SYSTEM.
July 29th, 2011 at 7:57 am
I think there is A LOT you guys don’t understand about this site…
First off, any type of auction is a gamble, you may win, you may lose…but for some reason nobody here argues that casino’s are scams or rip-offs…
Secondly, It is YOUR responsibility to read and understand how the whole thing works, before blindly jumping into it, not understanding, losing, throwing a tantrum, and then calling the site a scam because things did not go your way.
Third, Quibids is NOT breaking your arm and forcing you to pay, or bid on anything. Every time you click ‘Bid’, that is your own free will, whether you know what you’re doing or not.
Fourth, Quibids is a COMPANY, out to MAKE money, not run a free service for you, and if you think about it, they did a damn good job at making a very clever site.
And Last, Quibids can be an awesome site IF you know what the hell you’re doing. You’re NOT going to win something in the first few hours, dream on. Do some research.
- Weekends are a terrible time to bid, there are too many people, and fewer auctions, people will fight til the end for things.
- A weekday, between noon and five, there are the most auctions, and least amount of people (working hours); easier to win things with less people bidding against you.
- And see how much each item typically goes for, it’d be stupid to start bidding for a $1000 item, at $1, when they typically go for $100-$150 in the end. Just do some research.
Don’t sign up for this website expecting to win BIG things. Winning these things takes HOURS upon hours to watch, and wait for the perfect opportunity, when people start giving up or backing down.
And if all else fails, this site is still a great place to buy things. If you have the intentions to go buy a new $500 iPad…why not just buy some bids for this site, WAIT for a good opportunity, and start bidding when that chance comes. You can’t ‘lose’.
1- You will either win the item for dirt cheap, or
2- You will end up losing the auction, use the ‘Buy It Now’ feature (which takes the total cost of the item ($500), subtracts the total worth of bids you spent (500bids = $300) and you pay the difference ($200). So you paid EXACTLY what you would have in the store…
So I believe the only ones COMPLAINING about this site, just don’t know what the hell they’re doing…get frustrated…and have a fit.
I spent $77 total on the site so far, and won back $70 worth of items, I admit I don’t quite have the patience you should, but I did more research, and am positive i could double my money next time. My co-worker spent hours researching, and watching auctions, found a good time to attack, and won a $1000 MacMini, using 25bids ($15), and paying $127.72 for the item (+ shipping). He got it for around $150 total.
There’s no ‘Rip-offs’, no ‘schemes’, just people who join the site with ignorance.
July 28th, 2011 at 1:38 pm
I was going to sign up but decided not to when they wanted to charge me $60 dollars. I might have paid had I had a choice of various starter plans but my alarm bells went off and never pressed submit. Upon reading these reviews, I won’t join. While it may not be a scam because they explain everything up front, who in their right mind would pay 0.60 for a 0.01 bid? The old cliche, “If it sounds too good to be true, it probably is.”
July 28th, 2011 at 1:18 pm
Thanks a lot Quibids, The unemployment office found out that I wasn’t looking for a job, so now they suspended my payments until I start looking for a job again. But I can’t look for a job if I always have to be home to watch these auctions. If I look for a job or go on interviews then I’ll miss out on the good stuff because every time I leave the house, when I come back the auction is over. I have now lost over $4500 and STILL haven’t won ONE thing from Quibids. My 2nd card is about to be maxed out, so I will have to switch to my 3rd card, which I was only planning on using for emergencies.
Quibids is ruining my life, I’m going to sue them for the $4500 that I lost, plus another $50,000 for mental anguish, but since I don’t have any more cash left I will have to take out a 2nd mortgage on my house to pay my legal fees; but wait, I can’t take out a 2nd mortgage if I don’t have a job. It’s all Quibids fault.
July 27th, 2011 at 4:26 pm
Quibids does EXACTLY what they say they will do. If you read their terms and conditions it is all spelled out in black and white. It is not a scam. Read the reviews below and see the government teat sucking babies complaining that they spent their unemployment check at Quibids to buy a TV and now their families are starving. Oh boohoo! And the rest of you wanting to sue them and saying they’re taking advantage of the public trust, did you just get a second grade math education? Read their rules, they tell you exactly how their site works and nothing is hidden. If you’re smart enough to know that every bid costs you $.60 whether you win or not then what’s the scam? Yes, the bid amount will only go up in 1, 2, or 5 cent increments. If you thought paying 60 cents to make a 1 cent bid was a good deal then you DESERVE to be taken advantage of! It’s not illegal, they have every right to do it and they’re not misleading anybody! You bunch of whining social security-collecting babies are what’s wrong with this country!
July 27th, 2011 at 9:34 am
come on people, use some common sense… its not a scam, you just have to know what your are doing. You know each bid costs you $.60 so set a limit of how many bids you are going to use on an item, add the cost of your bids to the cost of the item and shipping (which it tells you how much shipping is at the bottom of the auctions screen for that item..) there you have your total cost! I was bidding on a $10 gift card. I said I am not going to use more than 5 bids on this item ($3.00 in bids+1.99 shipping +cost of item) I ended up winning the item using 2 bids for $.03 + 1.99 shipping+$1.20 for the bids = $10 gift card for about $3 good deal!
won a $25 gift card in 4 bids ($2.40 +1.99 shipping+$.16 cost of item = about $4.50 for a $25 gift card – Good deal!) you just have to track your bids, don’t go crazy, know your limits. you can get great deals
July 27th, 2011 at 3:06 am
Whine all you like, folks. When you sign up at Quibids, you’re given the opportunity to read all the fine print, though it sounds as though many don’t, thus feeling “ripped off” when they get outbid, which happens more times than not. Quibids is a great case in point of Zen Master Suzuki Roshi’s saying….”Fools rush in and get all the best seats!” Think about it.
July 26th, 2011 at 10:55 pm
it is a scam…they never shipped me my winning bid of $25 gift card. their customer service is awful.
July 26th, 2011 at 10:03 am
Admittedly, I rather stupidly missed the $60 membership fee since I rushed through the joining process. Once I saw that, I was determined to make the money back on the gift card auctions to get to a break-even point.
Within one night, I won the following for about $10 total:
2 x $15 Gift Cards to Wal-Mart (one bought with the Buy Now option)
1 x $10 Gift Card to Wal-Mart
1 x $25 Gift Card to Applebees.
So, at this point, I bought about $65 worth of gift cards for 70 dollars. I’m willing to take a net loss of $5. I’m going to be using up the rest of my bids and then closing my account regardless of whether I win anything else.
Not technically a scam. I’d call it exploitation of stupidity, which I unfortunately fell into.
July 26th, 2011 at 7:44 am
SCAM!
They charged me $60 for a start up kit that I didn’t even knew existed!!!
It must’ve been hidden in some corner in fine print or on a previous page.
Trust me, you don’t want to get involved.
If so many of us are pissed off at this company, there must be good reason.
Let’s start a class action lawsuit!
July 25th, 2011 at 10:04 am
I am so mad at Quibids, they MADE me lose all my money, now I can’t pay my mortgage because I used $900 worth of bids on a $700 item I didn’t even win. I am going to try to sue them because I should have won that TV. I can’t afford to buy that TV in the store so I decided to come to Quibids to win it for $4.43. But people kept bidding on the item, so I HAD to keep bidding too. They also took $60 from me when I signed up because they asked for my credit card number so I gave it to them, but I had no idea what they needed it for. That $60 + the amount of money I lost in bids have maxed out my card, so I had to change my CC just so I could keep bidding.
I am unemployed at the moment, and I can’t afford to lose so much money on bids when I don’t win the item. Since being laid off, I’ve lost over $3000 at Quibids and now I am having problems feeding my family. My unemployment check is gone before I can spend it and when the unemployment runs out I don’t know what I’m going to do.
I can’t believe a site like this is allowed to exist where people are forced to spend money on cool items that are so hard to win when they are having so many problems keeping food on the table.
Maybe one day I’ll win at this SCAM site.
July 25th, 2011 at 9:31 am
Its sounds like a mixture between a raffle, lottery, and auction to me.. maybe if people “play” it with the mindset of “there is a good chance I’m not gonna win”..it wouldn’t be so bad..but, its not for those that live from paycheck to paycheck.. those people need to just go to the local store and get what you need..
July 24th, 2011 at 10:29 pm
Use your brains people…
You have to go to a website for reviews to smell scams? scams on sites like quibids, craigslist, etc?
If an item is as popular as an ipad, iphone, ipod, there will be many others that will try to get it also…whether quibid has a bot or not; on craigslist, there are morons that suggest that they are out of the country and try to scam you by having you send them money etc… and people actually fall for it…
it is a case of people who are greedy to make profits such as quibids getting the best of greedy people who thinks they can get things for 90% off
July 24th, 2011 at 8:36 pm
Do NOT sign into Quibids! It is nothing less than gambling, should be labelled as such, and should fall under states’ gambling rules (including licences, taxes, etc.). It it terribly clever and misleading, and takes advantage of ones baser gambling tendancies … “just one more bid and I ‘ll get it – JUST ONE MORE BID!”. But you won’t get it because the 3 other people bidding on that thing are thinking the SAME THING! The owners/operators of Quibids should be arrested and thrown in jail for gambling without a licence, grand theft, larceny, misuse of the public trust, misleading advertising, and a felony for doing these things across state lines. Where are the gambling comissions? Where are the DA’s? INDICT AND PROSECUTE QUIBIDS!!!!
July 24th, 2011 at 3:08 pm
It’s such a scam, and I can’t believe I just recharged another $30. In fairness I did win two gift certificates for 10 or 15 bucks from Walmart or Starbucks or something. I’ll see if they ever arrive. There’s really no reason to believe Quibids isn’t automating the process so fake accounts always outbid you… except for cheap crap.
July 24th, 2011 at 11:23 am
Thank you all for the helpful reviews! You saved me the $60 ‘membership fee’ AND any other money I would’ve wasted on bids.
July 24th, 2011 at 6:33 am
There are simultaneous auctions running. Their promotional dummy page does not mirror what is truly going on. If you sign up and look at current live auctions on that page and toggle over to the promo auctions you will find they don’t match. Just trying to lure you in and boast about how they are BBB approved.
July 24th, 2011 at 6:00 am
Total ripoff. Save your time and money!
July 24th, 2011 at 3:32 am
one last thing while i was writing this there were another 223 bids 133.8 in pure profit its not a scam its just probably the best business idea ever
July 24th, 2011 at 3:29 am
oh and also to the people who say they “Stole” your money when you entered the credit card that bull cause it says clearly that you are buying the starter package and you have to buy it to participate so its a 60 dollar investment who cares unless it used to be different and didn’t but it said it rather clearly to me with a huge thing pretty much saying you are buying the starter package…
July 24th, 2011 at 3:26 am
I’m so sick of the people saying its a scam! you went and bid knowing there was a chance you wouldn’t win and then you complain cause you lost now i do think it is possible that they use automated bidders but why would they?
Seriously maybe when they were first starting out and nobody knew about them but now they have 30 different people fighting over one item like right now i see they are selling an apple ipad 2 it right this moment is at 176.04…are you freaking kidding me????? 17,604 bids X .60 cents = 10,562.40!!!! subtracting the price of the ipad brings it to 9,863.4 of pure profit and you can’t even say “oh but how many of those are voucher bids because they make profit on those when they put them up for auction to most of the time but even if the lose a bit here and there they are still making major bank.
So sure its not like a real auction since you have to pay to bid but seriously its still a great chance to win i mean come on it just take time and dedication if you go in and expect to pay retail price and then get it for less (including bids used) really its hard to lose with the buy it now option. stop being such tight ass’s and play….and yes at the moment i have lost money from the site still trying to get mine from it but i have faith i’ll get there just need to keep trying…. “There’s no free meal ever.” My Economic’s teacher from highschool lol…but its true…. nothing in this world is free….Peace…
July 24th, 2011 at 2:15 am
I visited the site the other day,…it was interesting and a bit exciting to watch, I must admit. Even started counting my cash to buy a pre-paid credit card to start placing bids. Started running the numbers in my head…need warn you… if your not lucky enough to “win big”, you will “lose huge”.
July 23rd, 2011 at 8:07 pm
All these Penny bidding Auction sites should be wiped out, they’re the biggest rip off I’ve ever seen. Why would anyone want to pay 60 cents for a one cent bid. Tell you what let me make this easy, send me a dollar and I’ll send you a nickle. Oh sure, you won a Ipod for 7.00 dollars with just one bid, but how much did the Auction site really make, I believe its like $420 bucks.. Sounds like a deal to me,, NOT…
July 23rd, 2011 at 4:25 pm
It’s not a scam. You just have to use it correctly. Use the beginner bid first- that will give you a $10 gift card right away without any $ wasted. Then bid on items you would have bought anyway for around the same selling price. If you win, you can sometimes get things for a mere fraction of the price. If you don’t though, you have the option to purchase minus the bidding $ you invested- that’s why it’s not gambling (because they give you that option). Over about a week of using it, I got about $180 of stuff for about $70. I’m happy with that.
July 23rd, 2011 at 6:07 am
Greg, That is a real SHOCKER that someone else won besides YOU. Get real. Just because YOU don’t win doesn’t mean it’s a scam. I never won a slot machine jackpot, so I guess slot machines are scams too right? “I, I, I, me, me, me, if I don’t win it must be a scam, because it’s all a big conspiracy against ME”
But anyway, you mean to tell me you used 50 bids (which amounts to $30) for a $25 gift card? I hope you are joking or that I just misunderstood your post. (I’m hoping the latter because who in their right mind would come on here and say they spent $30 to try to get $25?)
If you are serious then I sincerely hope at least some of those 50 bids were voucher bids, otherwise you are the idiot for spending more in bids than the item is worth.
July 22nd, 2011 at 9:07 pm
Quibids is basically like gambling at Las Vegas…and it truly is that hard to win. Don’t believe all the ‘testimonials’ you read on their website on how easy it is to win. First, you have to buy in purchasing $60 worth of bids (.60 a bid/100 bids) I won a two $10 gift cards but found overall it was really difficult b/c so many people are bidding and there is no rhyme or reason to why a person stops bidding. It is a bit addictive and very, very time consuming. The business model of every bid you put in is .60 but it only goes up one penny is only a win win for Quibids….Kudos to you, Quibids for coming up with a gambling game. They are making money hands over fists! My advice – BEWARE! Or better yet, stay away. You will lose more money than you will win.
July 22nd, 2011 at 8:46 pm
I have won 8 things in the past 2 weeks.. I have paid $225 (Bids + Auctions) for apprx $315 worth of items, I got a $200 Giftcard for $10.38.. which made up for all the bids I wasted the first few days till i realized the tricks to winning.. you have to scout Auctions and just wait and let people waste there bids on items and wait till there is 5 or fewer bidders left around the average sale price and then only jump in once bid times start making it all the way to :01 or :02.. and then Start and stop bid o matics to make people think you set it to auto pilot and they tend to back out.. but you have to start and stop it to keep from wasting lots of bids. let other people waste there’s
July 22nd, 2011 at 7:32 pm
so i saw the whole quibids on tv and decided to try it. when i went to registered it charged my freaking checking acct $60. This is a total scam. I’ve wrote them 2x and they’ve yet to respond. I am beyond pissed
July 22nd, 2011 at 1:43 pm
Quibids can be tough, but I have won a few things on there like gift cards etc. I have also lost some auctions too.
July 21st, 2011 at 9:02 pm
Quibids is a SCAM! I am pissed.
This is what happened. I bought 60 dollars worth of bids. I tried to WIN a 25 dollar giftcard. I went in with at least 50 bids left on my account to this one. There were many bids all the way to the end when I ran out of credits (bids). When this happened, someone WON.
So check this out. Right up until I ran out of bids there were about 5 people bidding on this item with a frenzy. I run out of bids and someone wins. Are you kidding me?
This is a scam. Worn others.
Greg
July 21st, 2011 at 6:52 pm
Paid 60.00 for 100 bids….didn’t win anything. TOTAL SCAM!! All I have to say is ..RUN FOREST RUN!!
July 21st, 2011 at 4:40 pm
I am really amazed at how there are “reviews” saying how great the site is. The ONLY people this site is good for is the people who run the site and the “planted” winners of the products.
Come on people, be smarter than this. If it looks too good, it probably is.
July 21st, 2011 at 4:28 pm
These auctions are a total scam unless you bid once or twice $.60 to $1.2 and “win” the item at a really cheap price. But do you get any customer service? Can you return the item? The winner in any of these auctions is the auction house. They get to sell say a $500 market value item (at a winning price of say $30) They receive $1,885.97 plus the $30, plus shipping etc. Only ONE person wins and unless you are THAT person, YOU LOSE AND EVERYONE ELSE GOT SCAMMED. These sites are “selling” a $500 item for around $1,950. Unless you people are “winning” you are LOSING!
July 20th, 2011 at 11:18 pm
actually it is not a scam you pay 60 cents for the bid but you bid whenever you want to so say i just bid the last time and won the ipad i paid $22 and 60 cents so it is a great way to buy stuff!!
July 20th, 2011 at 11:07 pm
This is an interesting string of posts and Quibids is an interesting proposition. My take, Quibids is the WINNER! As I understand the process, here are the fees: membership fee(or equivalent), final purchase price, S&H and possibly taxes. For each penny I bid it costs me $.60. If I only increment the bid by $.01, bringing the total bid to $20, and I win the cost to me would be: $20 + $.60 + S&H + taxes (where applicable). Is this how Quibids works? If so, you have to be smart about how you bid or you will lose your money. Seems just that simple. If you take the risk and win you’ll save big. Sounds like Vegas…LOL, and I might give it try.
July 20th, 2011 at 11:05 pm
I’ve been trying to figure out the problem with “winning” or losing a bid at Quibids, and here it is: You are not “buying”, you are not “auctioning”, you are in fact gambling. With a true auction, you do not spend money unless you are the high bidder. But, with Quibids, if you are not the high bidder, or “winner”, you lose. You threw your money into the pot and while someone won the prize, everyone else at the table was a loser, and the “house” – Quibids – walked away with a boatload of money. Reading some of these reviews where the writers are belittling those who don’t like Quibids, I can easily see that some of the reviews are certainly from Quibid personnel. I won’ be using it. Thanks, Reviewopedia.
July 20th, 2011 at 12:28 pm
I have not tried the site yet, nor do I intend to until I acutally need to buy something. But I dont think this is a scam, I think it is a great business idea. Most of the people on here lost money becuase they didnt get the item. Well that’s the whole idea, there will only be one winner per item. You would have to be the last one to bid. Most of the people on here sound un-educated when they start complaining how they lost money or didnt know they would be charged an initial charge of 60 dollars. Read the FAQ, read the fine print. Dont walk into things blindly. You can only blame yourself for being as stupid as you are. I would prey on your stupidity too if I could. Like I said before Quibids is a great business idea. Wish I thought of it.
July 20th, 2011 at 9:28 am
Maureen,
Your research skills are severely lacking. Just because the final cost of the TV is $20.00 doesn’t mean that the winner paid for ALL those 2000 bids, that is stupid. They only paid for THEIR bids plus the final cost of $20.00. So if they used 10 bids for the TV they paid $6.00 in bids + $20.00 for the cost of the TV. What does $6 + $20 equal? ding ding ding… $26! (plus the cost of shipping). Wow!! I didn’t even need a calculator to figure that out.
In addition, Quibids prevents you from spending more in bids than the price of the item anyway, so there is no way on person would ever be allowed to spend that much in bids anyway.
IT IS NOT HARD PEOPLE! Its simple math, each bid costs 60 cents, so multiply 60 cents by how many bids YOU place, not what everyone else does. Geez. No wonder America is behind the rest of the world in education; people can’t even multiply two numbers together.
As I said before the only reason people “lose” money is because they choose to. If you don’t want to lose money use “buy it now” when you lose instead of whining and complaining because of your lack of self control, and inability to understand the concept of the auction.
But of course people want things for free but are unwilling to risk their own money to do it, then when they don’t win, they want the site shut down…nothing but a bunch of cry babies.
Also would someone please explain to me how Quibids “misleading”. Each bid costs 60 cents, and every bid increases the item price by one cent and add a few seconds to the auction. When the timer reaches so the last person to place the bid gets the item for that price. How hard is that to understand? But I guess because some people can’t read or understand simple math, they want to blame Quibids for their lack of basic skills.
July 19th, 2011 at 11:17 pm
Everybody here is mad because they’re bad at handling their money. I won a mac a 52 inch tv and an ipad for 102$ You mad bros?(First of all you let it get to a high amount of cash keep an eye on who’s bidding when its down to 3 or lower seconds you bid) once its at at least 25% of the original price of the item) the only problem i did have when i payed for the starter pack and had it taken off my credit card they said that i didn’t purchase the starter pack.
July 19th, 2011 at 5:07 pm
I just lost my money! This should be illegal. It is extremely misleading. Quibids is the winner not the consumer.
Companies like this should be shut down and put in jail. Bunch of crap! The economy is in bad of shape as it is and we don’t need anymore scammers. Why isn’t the government regulating these kind of things.
July 19th, 2011 at 11:49 am
I am not a member and never will be. I have read extensively and done research on the web. This is very misleading. It’s called a penny auction, look the term up on google. That’s not to say that there are people out there who may get a bargain but the odds are not in your favor. Think about it, if it is not misleading and confusing then why not put the real price. You should not need a calculator to figure it out.
I see people posting that they bought an item for this price or that price but in reality didn’t you pay 60 times more for the item than the price listed ? Example you buy something say a tv for 20.00 that is 2000 pennies or bids each of which cost you 60 cents the actual price paid is $1200 dollars. 2000 X .60 = 1200. Is it not deceptive in itself to say you sold it for $20.00 when the actual price was $1200.00.
And what about all the people that bid and lost they lose their money too if you bid 19.99 and lost (which at this point it would be stupid not to use the buy it now option) you just lost 1199.40 and so on for each bidder. So they didnt make just the 1200.00 from you they made money from everyone that bid and didnt win they get that money too.
Stick to more reputable websites that you dont need a calculator to figure out what you are actually spending. Imagine if retail stores priced their items this way ?
July 19th, 2011 at 10:24 am
I’m not sure what is everybody complaining about this is just like any other auction website you just have to be really careful and bid on items you need. I’m winning every day 3 items and i still have 60 originial bids left . You just have to be smart and now when is perfect timing to bid.I got Dyson Vacum for 3.00 even with my .60 per bid that was steal for me . Every company outhere makes profit just like Wal Mart , Taget, JcPenney. I’m member for over a year now and i saved 1000′s of dollars .
July 19th, 2011 at 10:23 am
this is outrageous and misleading. you end up paying for bids and not getting products for any less than you would pay at a store.
July 19th, 2011 at 12:04 am
Watch out. I thought I was buying the rights to make bids WHEN I was ready, not immediately. I asked for a refund which so far they refused. So, I used some of these ‘bids’ and now I know how this works. Every one who participates causes the bids price to rise until it’s all profitable, which is fine but it takes about $60 just to figure this out. If you have the money, it’s gambling – jut not in a casino.
July 18th, 2011 at 3:50 pm
You are right on target with the cost of items @60 cents a bid. I found some items were poor quality for what you pay.For the value received you pay up the wazoo. A case of honest but greedy people feathering the nest of what amounts to crooks. Very much a rip-off. Below zero rating.
July 18th, 2011 at 2:10 pm
SCAM, Quibids is scam or as close as scam possible be, BEWARE… I should have doing some research prior of jumping to the penny auction like Quibids. I believe they could still make tons of money legitimate way because of it ideas. Anyway, for those who has been thinking about joining Quibids or temping to so… STAY AWAY or you will be the one who post the next message.
July 18th, 2011 at 12:15 pm
Unless you have an entire day to sit and bid on an auction, I don’t recommend you use this site. What a joke. Every time someone bids the auction goes back up a few seconds so it could go on for days. Made my head hurt. Plus you could use up all of your $0.60 bids and not even be near the end bid. Also, stay away from the buy now feature as you are nowhere getting a good deal there.
Again what a joke, If you are one of the lucky few that wins and doesn’t lose their mind in the process good for ya. The only people that are making out are Quibids who makes $1800 on a tv worth $500 and acts like they are doing the world a favor by giving it to you for $250. Stay away if you know whats good for you. You have been warned!
July 18th, 2011 at 11:01 am
This is a RIPOFF!!! Be warned- these guys are thieves that try to scam u in a ‘legal’ way…Don’t believe that ad u see on TV…As soon as I signed up they withdrew $60 from my account & when I told them they said that I agreed to sign up for the beginner package??!!! This is a scam guys. I hope u don’t fall in the same trap
July 17th, 2011 at 8:50 pm
In my opinion, totally system controlled… In other word, Quibids is a SCAM. Quibids is a SCAM because they controlled everything. I have reason to believe that the system participated in some of the auction. I lost $400 so far and learned the lesson, hopefully this post will help other not fall in the same trap. I like the idea of BUY IT NOW, that why I joined Quibids…
I bid on an Apple laptop and pretty much commit to pay full price if I lost the auction. However, after bidding and tracking for over 12 hours, the system auction ended suddenly, I still have more than 1100 bid left and is ready to put in another $1000 bucks. I contacted the support and pretty they don’t want to deal with it and stated that I post my bid after the auction end and nothing they can do about it. The winner (whether is a real person or not) spent the same amount of bid as I am. So beware and be smart, even you commit you still got scam. I don’t really mind pay full price for it, but I am glad I find out this early. Hope this help. Quibids is scam or at the minimum system controlled auction.
July 17th, 2011 at 6:29 pm
A total scam. After they stole $60 out of my account and I complained, I received a letter from Landon Martin from Quibids Compliance Department, saying that Quibids “attempts to make our website as transparent as possible…” What a joke! The exact opposite is true!
If you have been scammed by Quibids don’t just blog about it, report them!
July 17th, 2011 at 6:21 pm
When I registered on their site this morning I had no idea that my account would immediately be charged $60.00. Within minutes of realizing the charge I contacted them via email asking for my account to be closed and that I did not appreciate my account being charged without any knowledge provided to me beforehand. I have received an email from them stating that they were crediting my account for the $60.00, unfortunately it is going to take five days for the credit to appear on my account. My hopes through sharing this review is to warn others of this charge before they register with QuiBid, and not make the same mistake that I did. I have given them a fair rating since they did agree to credit my account.
July 17th, 2011 at 5:49 pm
I have a great idea. Why don’t people just shop at a retail store? Stop wasting money on useless crap and save up for what you really want, and something that has purpose. Trying to stay hip and trendy is way overrated! If it sounds too good to be true, it probably is. Think people!
July 17th, 2011 at 3:23 pm
Quibids has you enter your credit card info in order to sign up. Nowhere in the large print do they tell you that by doing so that you are authorizing a $60 charge to your credit card. This in itself has me convinced that the company is disreputable.
July 17th, 2011 at 3:37 am
It’s a shame because the one’s that are getting their hope up are the people that cant afford to buy Christmas present’s for their kids.you people should be ashamed of your self, and I hope you make amends to all the people you ripped off. God Bless, and I hope you get the help you need. you belong under the prison. what you are doing is no different than going up to someone, and robbing them, maybe even worse. Don’t go to jail, all you stupid crooks. you wont even be able to hide in PC, because even the guards will tell the rest of the inmates what your in jail for. Think about all the people your hurting with your scam. you need help.
July 15th, 2011 at 9:55 pm
Well, I’ll let ya’ll know. I just won an auction on a 52″ Sharp LED LCD HDTV for $15 bucks. I paid $30 bucks shipping. If it comes in the mail, I’ll have to say it’s not a scam.
July 15th, 2011 at 6:25 pm
Take this with a grain of salt if you wish. I was on the inside of Quibids, and can tell you this for certain:
They *are* jamming this forum thread with bogus glowing reviews. And many others like it. Some people actually do get a great deal. Very very very few. Most just get screwed. There are questionable automated processes running, that do indeed greatly inflate the prices of many items. If you are from Quibids and reading this, it won’t be hard to figure out who I am and why I am blowing the whistle. Told you so.
July 15th, 2011 at 5:33 pm
I love it. It’s funny watching people use up their bids non-stop. Those are the people helping ME SAVE MONEY!!! HAHA!!! I got a video camera for $0.20! TWENTY CENTS!!! TRY THAT ON EBAY!
July 15th, 2011 at 4:36 pm
Scam Scam Scam. eBay is free, you only pay for winning bids, not pay just to be able to bid how stupid! And if you’re willing to pay retail, then why even use Quibids, go to the damn store!
July 15th, 2011 at 11:17 am
Anyone that says this site is a scam is a moron.
Just because you started bidding without knowing what you were doing doesn’t mean it’s scam. It just means you didn’t know what you were doing. So don’t blame your ignorance on them, blame it on yourself.
July 15th, 2011 at 1:07 am
After reading some reviews in here, I followed the advise of those giving 4~5 stars. Paid the initial $60 and started monitoring the auctions. Then I DID notice the common behavior the bids have; as soon as you start bidding on an item, many users appear and the bidding war begins, but if you don’t bid, the users start leaving, remaining about 3 or 4, even with the counter in 0, they are abler to crank the price up (when it’s too low); but as soon as you bid again a couple of times, the users return back. Also when I got into a bidding war in a 250 bids voucher I saw several users with the BidOMatic and they were able to place bids with the counter at 0; but I lost the auction after trying to bid with 2 seconds left, and that was against a just coming user using BidOMatic.
Pretty weird to me, he/she won after a single bid with enough time for a bid. And I have a pretty solid & low lag internet connection. So, by experience I can tell, or the company is using paid ppl for collusion or they programmed their own bots for that.
Easy to find low wadges ppl on freelance sites using American proxy servers so they mask out their real IP addresses appearing as American users.
Another thing, I was searching internet for a particular digital camera on stores not long ago, and right when I went into their home page, that special professional camera was in an auction just ending. Several hours later, the same auction still running with the same 6 bidders (using BidOMatic), as a test I place a bid and seconds later 12 users were bidding in there. Closed the page, and after a while again just 6 bidders were in there (using BidOMatic), place a bid again and right after that another user bid using normal bidding, coincidence?
So we’ve been scammed by them and their collusion tactics
July 13th, 2011 at 7:04 pm
I would like to add that it is for sure not a scam!!! You need to learn how the system works..Never go under your 100 bids…need to build up your bids by bidding on vouchers no what you want and what it will take to get it….so in reality each bid is not 60 cents…..and stay away from the big ticket items….you will not win them…trust me…less then 1% will win big ticket items… This is for sure not a game for the blind man!!!!!
July 13th, 2011 at 4:39 pm
I sitting here watching these items now and calculating how much Quibids is making off this i-Pad for example, currently at $62.75. So at this moment Quibids has made $3879.60 (and counting) on a $600 item.
I am very hesitant to call this a scam. Instead its a genius business model. Of course Quibids is making a killing, but who cares? The winning bidder is also very happy too. It seems the only people who get pissed off are the people that bid on an item that they wouldn’t buy otherwise. Of course if you spend $60 or so on the said iPad and didn’t win then you’d be pissed, but the key is to only bid on items you are ready to pay retail for. That way if you don’t win (which is very likely), you still have the option to buy it at retail (minus the cost of your bids). This means you will never overpay even if you don’t win the auction and decide to buy it anyway.
Without the buy it now option I would say this site is a scam, but with it there is absolutely no reason to call it this. If you “lose” money on this site its your own fault because you should have been ready to buy the item at retail. In a nutshell it is a gambling site, but unlike other gambling sites, you don’t “lose” money unless YOU choose to.
I’m probably going to use this site to do my Christmas shopping this year, I will set a budget, and try to get the items off here at a bargain price. If not, then well I’ll just use buy it now and still won’t spend more than I would have otherwise.
July 12th, 2011 at 12:58 pm
Good for Quibids for making money, everyone is entitled to that in this country. However, I had no idea what I was getting into when I first signed up. The fact that more time gets added for each bid and that they have an “bid-o-matic” feature destroys the integrity of the auction and screws people out of money.
The bidder that has purchased the most amount of bids will win every time. Not a level playing field.
I just wanted the chance to win some stuff for cheap, not get duped out of $60…
July 12th, 2011 at 3:13 am
Not a scam so far for me. You have to be careful and do your math before u start bidding on something. Come up with a number of bids along with the cost of the item and make sure your not spending more on it with quibids then just going to amazon. Start out with small items first. Make sure ur dedicated to your item. Its not a scam unless u let it be a scam. I won 3 items my first day which is the limit in 24hours all on small things i got 25 more bids and only bid twice costing me .03 plus $1 transaction fee and 1.20 in bids still made out on the deal. another 25 more bids for .25 bidding 8 times. And a socket set for .03 and $5 shipping it retailed at 30. You have to be careful only for items that u really want and no 2nd guessing. They do make a pile of money though very good idea in the owners wallet.
July 12th, 2011 at 1:47 am
Quibids is a scam. I know this for a fact because i Have been on it.I believe that they use bots. The bot incident happened the only two times I went all in in an auction. When you first look on the site there is beginner auctions which are rigged auctions to let you win. You get one of these. First when you sign on you must pay 60 dollars for 100 bids which equals out to 60 cents per bid. Then you get to participate in a beginner auction. This is a one time thing after that you must go to the auctions that from what I have seen are impossible to win. I had been studying it for hours and hours before i started bidding heavily. I know not to go for the big stuff. I knew if there was any chance i would get my moneys worth it would be in the 10 dollar gift cards. Well, it is not even possible there. I would watch the auction and wait till it got down to desperate levels(by desperate levels I mean where there are only two competing and they have been bidding for a while. I would show up and start bidding and one of them would drop out immediately they probably went to the buy it now option to cut their losses. So me and the “person” who did not quit start to bid and im just testing it so i bid with this person until the auction says that I have spent so much bidding and that I can not bid anymore so my only option is to buy it now. The bot or so called person either won or someone else who was waiting for their turn jumps in and the bot keeps bidding even though the site had stopped me from even being able to win. The site uses bots to make sure that no one can win their products. I am going to make a youtube video showing the lies of quibids. I probably would not trust any other penny auction site either.
July 11th, 2011 at 11:07 pm
PLEASE READ, I have not used this website but I have done a LOT of research. I must say it is 95% legit and worth it. I’m not an adult and I bet I could win more then most adults. Ok $0.60 is a little pricey and I know why it is .60 .. They don’t want .50 because it would be harder for people to calculate what they are willing to pay. Scam for people who don’t know how to control wise spending. I will use a gift card as a example in the review. Let’s say $200 to Walmart Is up for auction the ones earlier sold for (examples) 8.92, 10.84, 3.00, and 25.00. Ok now those are the most recent from your time and in order. DO NOT expect to pay 3.00. And be prepared to pay around 25.00. That is just item cost no bids or shipping. Now wait for the item to get up to AT LEAST the smallest amount before you start bidding (3.00).
Now if it gets down to the last ten seconds with NO bids be prepared to bid TWICE. I saw this trick so one bids so it is at a 1 bid amount. They leave and don’t care because they have a small chance of winning for .60 plus shipping. But since they most likely leave they won’t be watching so snatch it! If a third bidder joins go to five bids then leave. Now if there is a bidder who has bid LOTs and after each person…. Don’t bid. If you think about it buy the $200 gift card for $50 max you get $150 for your time. Hey not bad if you buy the items and sell them brand new on eBay. Turn the gift cards into INSTANT cash quibids -& walmart-& eBay -money made for you time. And who cares if quibids is making money. The 90% of people on there that don’t learn and research is why they make money the 10% of non lazy people who do a LOT of research make good money or items. The only reason people are calling quibids a scam is because they don’t know how to professionally use it. You can be a pro within an hour of research and watching auctions on quibids.
The only reason I gave a 4 star is I have heard of RUMORS but not confirmed is quibids auto buffers I think they do this if there are a lot of people bidding OR if the item is high priced. Idk for sure but if this isn’t true the SMART and NOT LAZY ones would rate quibids a 4-5 star site. Btw I hope this helps and I typed this WHOLE review on a iPod not iPad so that was a lot of typing so at least give me a little credit.
July 11th, 2011 at 8:15 am
Quibids is really a game of chance. I’ve spent a total of $90 buying bids, and gotten back a total of $65 in ‘gift cards.’ I’m getting out, and going back to using E-bay. It could be fun for a person who enjoys gambling.
July 10th, 2011 at 9:43 pm
Cindy, Did you not see that above where you put your address and credit card information, it was stating that you were in fact purchasing a 100-pack of bids for $60.00? It is as clear as day right at the very top. It’s also stated on the left side of the page, that you’re purchasing a starter bid pack of 100 bids for $60.00. How else would you think QuiBids would collect their money if everyone registered, then bid on auctions (at 60 cents per bid) and didn’t win? Really, you are at fault for giving them your credit card information and not looking at the entire page.
Cintoman
July 10th, 2011 at 5:46 pm
I bought a couple bid packages and interesting enough items that recently sold for under $5 such as 55″ TV and were on the list of auctions ending stayed on for another 7-8 hours until Quibids made exactly $9,584.40 for a TV that costs less than $1,500 in a retail store. Did the last person save money on buying this object? Yes but how many people paid 6 times the cost of the TV for it.
Perhaps it’s a legal business but not honest at all if you sell a TV for over 6 times the retail cost. I believe that every business has to profit but this is a bit too much and not fair to public and consumers specially that they control as to how long the auction should remain open for an object that has so much interest.
Bottom line this is no different from a gambling web sites and someone should put a leash on them.
July 10th, 2011 at 1:15 pm
Can you tell which reviewers on here who seem to represent quibids interests by attacking anyone who had a bad experience? Yes…like most crooks…lets call everyone who gets ripped off a communist and lets call the crooks, wait for it…entrepreneurs! In business, if you are not trying to rip off your fellow American citizens and if your intentions are to run a profitable honest business then you should be required to fully disclose to the consumers what it is your selling and what they are buying. It should not be misleading and purposely hard to understand in hopes of screwing people. So if you’re one of the “lucky ones” that’s happy with your winnings..keep bidding and spend your time enjoying your new items…why are you harassing others for practicing their free speech when expressing their own experiences?
July 9th, 2011 at 9:21 pm
I recently joined Quibids and for my $60 I won a Taylormade Golf Bag (retailed at 160.00) and a dozen Nike tour golf balls (retail $40.00) with both bids cost .20 without shipping. With shipping came to just under $20.00. so lets do some math shall we 60+20= 80…80 bucks for $200.00 worth of stuff. Doesn’t sound like a scam to me. Read the instructions and the tips you may actually make out. O and to top it off, I still had 47 bids left. yes they make crazy money but if I spent WAY less than retail even with the bid costs Im happy. Its part of the system, just like gambling . Guess Im just part of that 10% lucky me…
July 8th, 2011 at 11:55 pm
First of all, you are required to purchase 60 dollars worth of bids to begin. Now in my words, one item equals one bid, no matter how many times you click it as the price goes up. Not so here. each click costs a bid, and that 60 dollars is gone in the first 30 minutes, having won nothing. It’s almost a total scam, and I say almost, because someone eventually wins. But the site makes two to three times the money in bids as the item actually costs.
July 8th, 2011 at 11:08 am
I forgot to say and to be perfectly fair I won two and three days ago the shipping is a bit expensive for gift card $1.99. why cant they ship all my cards (3+3) without charging 6 times, that i find ridiculous I also don’t know how long it will take them to get home. but besides that I’m happy with my winnings. READ PEOPLE!!!!
July 7th, 2011 at 8:40 pm
Really. Let’s see. I pay 60 cents so I can bid 1 penny. And to add insult to injury, I must purchase 100 penny bids at $60. This gives me the right to bid on a product in hopes that I would have the winning bid. So if I win a bid of $3.00, I actually paid $180. Sounds like a scam to me. Run as fast as you can to get away from this crappy rip.
July 7th, 2011 at 4:32 pm
Stay far away from this. Its not a scam, but it’s nearly impossible to win anything. Even trying to bid on free bid vouchers is a total loosing proposition. Just throw away $100 bucks. Guess there’s a sucker born every minute. Take my advice and don’t be the next one.
July 7th, 2011 at 4:09 pm
I forgot to say and to be perfectly fair I won two and three days ago the shipping is a bit expensive for gift card $1.99. why cant they ship all my cards (3+3) without charging 6 times, that i find ridiculous I also dont know how long it will take them to get home. but besides that I’m happy with my winnings.
READ PEOPLE!!!!!
July 7th, 2011 at 4:02 pm
Did any of you even attempt to learn what you were doing before throwing money on an item??
They only warn you time after time to watch what you’re doing so you don’t lose your money. Don’t bid on anything you aren’t willing to buy and you’ll be fine. Who cares how much profit they’re making. I just purchased a $200 gas card for $7 + $50 in bids. And yes I did realize each bid was costing me .60.
Don’t blame Quibids if you don’t take the time to study the system before blowing your money.
July 7th, 2011 at 3:07 pm
OK for those people that think the government should get involved or shut it down you must be a Communist have you heard of free Enterprise, if you read the help and understand the written words its obvious its a game. Some lose and some win, do research first watch the bids as they happen. Would you play poker, black jack or any other game if you don’t understand how its done ? only a moron would do that, yes the company makes lots of money but so do bankers, stock brokers, casinos, etc should they be shut down its a great business, read research learn, it even tells you how to bid it gives you a strategy.
And no I don’t work for them, I just registered a few days ago and I won several bids I got my moneys worth and more, I don’t recommend it for every one, but it fun and entertaining and if you cant afford $60.00 you have the FREEDOM not to register or bid, that’s whats great about this country. Be smart read understand how to do some thing before you do it. Stop blaming others for your mistakes.
Try this: My will shall shape the future. Whether I fail or succeed shall be no man’s doing but my own. I am the force; I can clear any obstacle before me or I can be lost in the maze. My choice; my responsibility; win or lose, only I hold the key to my destiny.
July 7th, 2011 at 12:10 pm
I won this awesome J.A. Henckels 17-Piece Knife Set with a final bid of $1.44. After the bidding and shipping I still saved over 80%! My roommates and I were fed up with the cheap knives that we had and I decided to go for this set. We all love them. They cut through anything like butter. It got here in just a few days too! This website is awesome! It’s so much fun bidding on things. There is nothing better than when you see, “You won!” on the screen. I’ll definitely be back to QuiBids.com to win some more things soon!
July 7th, 2011 at 10:35 am
totally fraudulent! Don’t buy or bid!!! It costs $$$ to bid!!!
July 6th, 2011 at 7:54 pm
This is no scam. This is a money-making process for them and a money-saving process for the consumer. And if you really want your money worth, just bid on “bid vouchers” until you have 600 bids.. that’s 500 free bids. Not to mention, anyone who thought they just took your money, is stupid because it shows you your checkout list on “Step 2 of 2″ and you can easily back out of that page. I did, then when i got the money i did everything i said for you to do.
July 6th, 2011 at 4:31 pm
This is the old “bait & switch” deal only it’s with the dollar sign! I believe in ebay, you actually get to pay what you bid. Postage is determined before the sale, no unpleasant surprises!
July 6th, 2011 at 1:44 pm
Lol, Quibids is simply following the 90/10 rule: 90% of people are either too ignorant to pay attention or too busy to look into the fine print, therefore the site is working properly for about 10% of the people because they have the time and ability to be educated…By the way, the entire world works in this fashion… Do the math and that’s about all it takes to succeed, Folks. :) :)
July 6th, 2011 at 9:17 am
I am concerned that they have your number of bids left as you are bidding on an item. I was bidding on a item and so was one other person after more than 50 people originally bid through out the 3 hour time frame. We were down to the very end. Out of the blue came someone who had not made one bid in 3 hours and set up a bidomatic bid when I was down to less than 5 bids. This is not the first time this has happened to me. It is the last time. I thinks people are being scammed by Quibids.
July 6th, 2011 at 2:13 am
Okay try actually reading rather than just skipping the terms and conditions… its all spelled out for you and couldn’t be easier to understand. You agree to terms and conditions and buy a start bid package it clearly states this as well it warns and cautions you against bidding saying many times people pay more than retail for items nodded on. Just think and don’t join its stupid at best especially if your more than willing to fork-over credit card info. All this info can be found and read clearly within the first page or two of the site.
July 5th, 2011 at 3:56 pm
Johnathan… It’s free to register but to actually bid you have to pay. Why did you provide your credit card and not stop and think for a second, “Hey, maybe I should read more before I give out my credit card info…” Not only do you have to click on Agree with the Terms and Conditions, but also on the next page, after you choose your moronic username, you see the obvious Bid Package of 100 bids for $60…. You, sir, are a moron.
July 5th, 2011 at 12:07 am
As far as the website pertaining to being a penny auction, I have no comment or concerns. However it’s their so-called FREE REGISTRATION that p****d me off to the max, totally deceptive, when i saw that receipt in my email minutes after registering i was furious. I immediately sent them an email about this and deactivated my account sent another email when they ask why, got on the phone with my bank and stopped payment due to fraudulent charges. My next step is to contact the BBB about them, if you want to gamble that’s cool, but what isn’t, is a company that charges you to gamble when it is clearly stated that is FREE to REGISTER. Beware of this site, proceed with caution if you desire, but not even worth it.
July 4th, 2011 at 9:10 pm
God I am so jealous…why didn’t i have this idea??? MONEY MAKING MACHINE!!!
July 4th, 2011 at 12:34 pm
Check out their address –
4th NE 10TH Suite 242
Oklahoma City OK 73104
Their domain name registration refers you to European telephone number and the address does not exist in Google maps.
July 4th, 2011 at 12:28 pm
It’s an auction site where you need to have a sense of how a free market works. I guarantee most of the people giving bad reviews is because they stupidly bid multiple times thinking they would get cheap items, completely oblivious to the fact that everyone else is bidding too to get that same cheap price. The key to this bidding process is patience, and having experience on knowing generally what prices items go for on this site. A totally efficient market would prove that no item should auction for what it retails for normally in the store, but this obviously is not a total efficient market. There probably are ways to cheat, such as collusion with friends on one item, having more than one account, etc.
July 4th, 2011 at 10:45 am
I have been bidding on Quibids for a couple of weeks. If you don’t know what you’re doing, you will definitely just throw money away. However, if you learn how to bid, you can win and save money. I’ve been racking up gift cards to spend on back to school expenses(I’m a teacher,)and have done very well. So far, I have $175– for a dept stores for which I paid appx. $22.00, and $50- at staples for which I paid $4.06. Also, I have a $25- restaurant card which cost $2.04. These prices include the bids and a $1.99 s&h charge for each card. Now that I know how to win, I can bid on the larger gift cards and win.
What people have not told you is that with certain items, such as gift cards, you win additional bids. My first $60– went fast, but now that I know the scheme, I don’t have to buy bids. I’ve also bought (won) a Cuisinart Bread Machine, a toaster oven, 2 sets of 4 Tervis glasses, a bedside iPod speaker system, and a teaching electronic globe, all for very low prices. Mentally, I spread the original $60- among all of my wins. Over time, so far, that’s an extra $4- per iten won. Not bad.
MY BIGGEST PROBLEM with Quibids is that they entice you with iPad2s when you first join and don’t know how to win, and then once you learn, they parade a bunch of garbage for you to bid on. I’m literally given Legos and George Foreman Grills as choices. If I did not want gift cards, I would no longer be on the site. The customer service absolutely sucks! By the way, I taught my Mom how to bid and she is winning without throwing away her original 60 bids. There is definitely a learning curve.
July 3rd, 2011 at 11:16 am
absolute SCAM; well thought out to leave the fact that you get whacked $.60 for EVERY penny bid. They are attracting and making their illicit money from the bids. i am going to protest the credit card charge of $60 and fight it until they fold. STAY AWAY from this seemingly wonderful but scam site.
July 2nd, 2011 at 11:14 pm
Do not do it. It automatically charges $60 on your credit card!
July 2nd, 2011 at 4:18 pm
A lot of you are really ignorant. No disrespect…I have been on Quibids for nearly half a year. I have won several auctions including a 42 inch tv for 74 dollars and change, an iPad for 53 dollars and change, a new set of golf irons for 38 dollars and change, a digital camera for 16 dollars and change, 14 bid vouchers, 6 gift cards. Not to mention, with all the bid vouchers, I am still on my original $60 on the site. This site is far from a scam. Those of you complaining about the company making so much money off of peoples bids need to stop whining. They wouldn’t be in business if they didn’t make money. They make money, and we save if we win. Its a good system if you are smart.
Follow my system, and you have a good chance of succeeding with this: Any item you are interested in, follow it for at least a week every time they put one up. Put it on your watch list and see how much it goes for. Find an average for what it goes for, and next time you see one don’t start bidding on it until it hits the average or even later. Limit your bids per item. If you cant win in your first 5 bids, stop bidding before you lose more. Bidding 45 times and losing is absolutely dumb. Don’t do it.
Bid on vouchers. Every time you lose your 5 bids from missing an item, use your next five bids on a voucher. If you win a 25 bid voucher for instance, you just lost 10 to gain an extra 15. Those vouchers will be your best friend. If you see at least one user bidding several times on the same item, just avoid bidding. You will get in a bidding war and lose unless that person runs out of bids or gives up. Also, that goes against my 5 bid rule anyways if you get into a bidding war. Hopefully this helps everyone out. Follow the system and go win yourself something nice.
Cole Decker says:
November 14th, 2011 at 4:41 pm
That’s true, it is not a scam because I bought many items on this site and it is a good deal for many things. Your system is very good I used to use a really stupid system but now I use yours. Thanks for that advice. It helped a lot.
July 2nd, 2011 at 9:22 am
This thing is making somebody a ton of money- one set of golf clubs recently sold for $106.71. That’s 10601 bids made at 60 cents a bid comes out to roughly $6,400 bid on a $600 set of golf clubs. The buy it now prices are also a rip off. They are usually $150 to $200 more than what you could buy the same item on EBAY for. The whole thing is awfully deceiving. Maybe one out of ten times you get a decent price on an item, and when that happens Quibids is quick to advertise it- for example when a $400.00 item sells for 20 cents- they let you know “this item recently sold for .20. You’ll never see when the item ” recently sold for $106.00.”
All I can tell you is “Buyer Beware.” This is nothing more than legalized gambling.
July 1st, 2011 at 8:22 pm
“A fool and his money are soon parted.”
July 1st, 2011 at 6:10 pm
I HAVE RECEIVED A CHARGE FROM THIS COMPANY FOR 60.00 AND I DID NOT BUY ANYTHING FROM THEM! THEY OBVIOUSLY HAVE STOLEN MY CREDIT CARD NUMBER! I DON’T KNOW HOW, BUT WHEN I TRIED TO CONTACT THEM I GOT NOWHERE AND THEY HAD MY FACEBOOK ACCOUNT! I WANT TO KNOW WHAT IS GOING ON AND IF ASKING THE BETTER BUSINESS BUREAU OR AN ATTORNEY WILL HELP. SOMEBODY SOMEWHERE HAS USED MY CREDIT CARD AND I WANT TO KNOW MORE ABOUT THIS SCAM! PLEASE HELP!!!!!
July 1st, 2011 at 4:31 pm
quibids is unclear and misleading about the cost to register, professing that it’s free but you are hit with $60 dollars right of the bat for 100 bids receiving 3 free. not to mention having a BBB stamp on their site. at first it’s interesting and then get’s frustrating. when addressing the $60 charge with customer service the answer is basically it’s in the small print. and i was looking for hidden traps. it’s right. an item purchased at $32.40 is 3,240 bids at $.60 a piece. at least at ebay you don’t spend a penny if you loose on an item. my suggestion, stay away, turn and run. bad news.
July 1st, 2011 at 2:49 pm
I’ve read about 6 pages of reviews on this site and I’m starting to notice a pattern. The information in the negative posts on here seem random – each appear to be individual accounts of a Quibids experience. Each contain unique structure and content. The information in MOST of the positive posts seems scripted. The poster starts by talking about what he won…. the goes into how one should bid “smart” or take ones time….. then talks about how you shouldn’t bid on an item if you didn’t want to buy it anyway. After listening to both sides on this website – I will not be joining quibids. There are way too many authentic posts on here that clear shed negative light on to this website.
July 1st, 2011 at 2:24 pm
Scam. Won a $50 shopping card and never received it. You have to be pretty dumb to play this game. You can’t win.
June 30th, 2011 at 11:21 pm
On 6/24/2011, I filled a “free registration” on quibids.com in order to check out the website. Their website asks “Where do we send the winnings”, so I filled out that part, including putting a credit card on file. Then you click submit to complete the registration. They do not ask if you want to purchase 100 bids for $60, they automatically charge the credit card you put on file when you register. So upon subscribing they automatically charge you $60.00 dollars to your account, but the registration is supposed to be free. It was not something I bought as I never would have authorized the $60 charge if it was clearly stated on their website. The website is intentionally misleading and I am requesting a refund. Their means of contact is through email and I have been unsuccessfull in obtainging a refund after trying that process. Also of note is that the seller and auctioneer of the website is both themselves which it seems would be a conflict of interest. ~This is the complaint I filed with the BBB. Also I contacted my credit card to dispute the charges. If well all file complaints with the Better Business Bureau, maybe less people will get scammed!
June 30th, 2011 at 9:55 pm
ALL THESE PENNY BID SITES ARE SCAMS!!!! They charge you to bid, which is how they get their money. So they earn $10,000 for a product they pay $500 for and you “Win it” for $50.00. Yes you (maybe) got a deal, but they got rich and everyone else paid for your success.
This is a total rip-off. AVOID. AVOID. AVOID.
You have been warned
June 30th, 2011 at 8:08 pm
Quid Bids is a total scam. If you bid on something and you’re eventually out bid, then you should get your bid money back. Not so with Quibids. The whole site is designed to rip people off! And the customer service representatives are the rudest people walking the earth.
June 30th, 2011 at 5:31 pm
It may not be illegal, but it IS deceitful. All I can tell you is, DON’T JOIN. You’re not going to get a $100 item for $25. When you start bidding on an item you think you can score a deal on…. mysteriously, bidders will show up and force the price up to retail.
June 30th, 2011 at 8:26 am
I SIGNED UP AND AUTHORIZED 9.99 TO BE CHARGED TO MY CREDIT CARD….WHEN I GOT MY STATEMENT I WAS CHARGED 60.00. PLUS I NEVER USED THE SERVICE…DIDN’T THINK IT WAS FOR ME.
I’M ON A FIXED INCOME AND COULDN’T AFFORD TO BE SCAMMED.
June 29th, 2011 at 12:19 pm
The site should be shut down. slime balls. They mislead people and that is the business model. Not sure how they sleep at night.
June 29th, 2011 at 12:06 pm
It is not a scam (but close), it is not an auction site, IT IS A GAMBLING SITE!!!! It’s masked as a auction site. Not to scam you, but just to get around the law. And the house always wins!!! If you can’t gamble stay away!!! If you’ve been shutout of online poker play, this is a nice refugee camp.
My results after 10days: first 100 bids:
$165 in gift cards
1 lego clock (won for $.01 + 7.00 shipping)
68 bids remaining
20+ hrs wasted
Again this is a gambling site, and if you don’t understand that, you’re gonna loose a lot of money!!! After watching these morons throw money down a hole, one thing I’m sure of, I WANT TO START MY OWN PENNY AUCTION SITE!!!
June 29th, 2011 at 10:59 am
Hello everybody,
Quibids, I’ll start by saying STOP, don’t do it. This is the biggest scam I have ever seen. Do not follow those commercials with beautiful girls telling you to go and spend your money. you won’t get anything from this scam website. you will loose your money.
June 29th, 2011 at 10:43 am
Don’t give them your email address either. I gave them my email address and got to the point where they ask for Credit Card information and stopped. I wasn’t comfortable giving them my information until I checked them out. Now I am glad I did. For awhile they were emailing me all the time trying to get me to finish signing up. Thankfully now, all their emails go to my spam folder so I never see it but it was really irritating.
June 28th, 2011 at 9:16 pm
I am new to quibids, been here for a week and have watched multiple items, and compared multiple auctions of the same product trying to find an average for a point to start bidding. noticing that priced varied heavily on multiple auctions of the same product, i found it hard to come up with an average to start bidding. but after losing a couple and winning a couple(some at a not so good deal, used alot of bids) I changed some the way i bid and have done a lot better.
I cant say anything about customer service cause i haven’t had enough time dealing with them, but people have mentioned about two people bidding on the same item forever and someone stepping in and winning it after 1 bid, and not say there aren’t bots, but i won an ipad with one bid for $34 and some change. so it can happen legit. I have been in an auction with only one other bidder and i was pretty much committed to keep bidding because i already had so much into that product. LONG STORY SHORT if another bidder jumped in after me and the second original bidder had a lot into that product, i would have bailed cause the math(bids compared to retail) wasn’t in my favor any more. luckily nobody did and i ended up winning the auction for a 35% discount it wasn’t MY SMARTEST MOVE but better than retail. i have learned a little more in the last couple days and my advice would be bid on stuff you want, look at other auctions of the same product to get a general price of what they really go for on quibids (and you might get lucky when you go and bid) and watch your bid count.. good luck and think about it first!!!!
June 28th, 2011 at 9:05 pm
A total rip-off. An $800 LED television sells for $134.00 sounds great, but that’s 13,400 penny bids at $.60 a bid = $8,040.00 paid for an $800 item. Just one winner and the rest are really losers. If you do participate, don’t wait until the last second (or two) or you’ll find out you’ve waited too long and that mysterious other bidder who just showed up won the auction after everyone has invested way too much money.
June 28th, 2011 at 8:07 pm
Scam, rip off, Rigged. It’s more of a gambling site it is definitely not a legit auction. They rig the game in order to keep the bids going after the clock ticks down to 1 second it can take 30 to 50 seconds for that last second to tick off and by that time more bids come in. Total scam
June 28th, 2011 at 6:02 pm
I have been on quibids for 6 months and love it. I have won thousands of dollars in gift cards, jewelry and other items. I have only had one problem and it was taken care of within 24 hours. You have to be patient and if you have the time its great. You won’t win everytime but when you do you definately save. In the long run you will be ahead money. I haven’t paid retail on hardly anything for 6 months because of the gift cards. I would definately sign up for this site. And no i don’t work for quibids.
June 28th, 2011 at 4:33 pm
I have an autistic son who is extremely gullible…he found this site and need I say more? They are taking advantage of folks ……we have all types of protection out there to protect consumers…….where is the protection when you need it? What a rip!
June 28th, 2011 at 4:15 pm
DO NOT WASTE YOUR MONEY ON THIS!! Spent $60.00 for absolutely nothing and am about to call my credit card company to make sure they do not charge anything further to my account!!
June 28th, 2011 at 12:01 pm
This site is a scam it is a rigged game designed to steal the bidders money. There are several Lawsuits filed against them.
June 27th, 2011 at 10:34 pm
I joined QuiBids and fortunately I am out only $20. First. I have a college degree in Accounting with some statistical background. I watched the bidding for two days, over 20 hours, and came to the conclusion that something was wrong. Before bidding I saw this item go for no more than 25 bids. But as soon as I made a bid five other bidders showed up and run the item up to almost full value. So I did and experment. I put four items the same in my watchlist, 50 Bid Vouchers. Then I kept switching back an forth watching them while each had only two or three bidders. I then logged onto one and placed a bid. Six bids followed my single bid and within 30 seconds there was 12 bidders fighting over this Voucher while the other three went vertually ignored with one selling for 7 bids. I switched to the other which was at 5 bids by two bidders and placed a bid and bingo, eight bidders popped up. The other one I placed a bid on seemed to slow down and sold shortly after I bid on the the other. Try it yourself and see what I am talking about. As soon as you place a bid the bidders come out of the woodwork while the other similar items go vertually ignored and sell for a fraction of the price of the one you are bidding on.
It is my opinion that there maybe “Bot-Bidders” or at the very least “Schills” operating on the auction.
June 27th, 2011 at 8:41 pm
It can take days to win a bid and by the time you do, you most likely have spent hundreds of dollars. Yes, they give you the option to buy if you lose. My advice, only bid on something you are planning to buy anyway, that way you haven’t lost all your cash and don’t feel forced into purchasing something just so you haven’t lost your investment.
June 27th, 2011 at 4:51 pm
This site is not only a scam but it is also a life sucker. You can be bidding all day and all that you have won is time of your life and money lost. Not worth it at all. Whose to say that they dont have employees also bidding for the products you are bidding for. Avoid subscribing to this site. When you subscribe they automatically charge you $60.00 dollars to your account. You pay to shop and waste time, Hmmm.
June 27th, 2011 at 12:35 pm
This site will definitely rip off the consumer, I’ve seen people bid on $30 card for about $40. People get caught up on the challenge of not letting another bid win regardless of how many times they bid. Just check out the bidders and count the times they make a bid, the majority of winners pay way more than what they get. I also believe Qbids watches the bids and will make sure very few items are not bided on by themselves.
June 27th, 2011 at 3:21 am
I do want to point out the fact that the thousand or so dollars that you said that the bidder is apparently paying is false, please take a second to think of all the bidders wanting that iPad and how many times EACH of them bided and how many times you alone bided. The winner isn’t gonna pay for everyone else’s bids. That’s what’s good about penny auctions, even after the cost of bids that you yourself pay for you’re gonna get a good deal by getting it that cheap and the 1,000 dollars is what Quibids makes, everyone wins. You wasted valuable time writing this article while you could have used the time to win an iPad for 50 bucks
June 26th, 2011 at 4:13 pm
Who’s fooling Who. I wish I had thought of this Entrepreneurial Idea. It’s the greed of the people bidding that makes the cost of the product more. We have no self control. I stopped bidding on an Ipad that I knew was going to go higher and higher. Then I waited until all the crazy’s that like giving money away left then I made my bid and won. If you people that don’t have the common sense to not bid the price up, it would not cost the over all people more. The company QuiBids makes the profits which is huge. An item selling for $70.31 bid price after all the .60 (sixty cents) paid really gross the company $4218.60 for that item. I made 10 bids and paid $70.31 plus shipping. How many of you made 100 bids at .60 cents each. STOP STOP STOP. You know they are gonna put another up for bid, so why are you only bidding on that one. Its not a Picasso mind you. There are plenty still in stock.
June 26th, 2011 at 3:05 pm
Quibids is nothing but a gambling site. The vast majority of “bidders” get nothing for the money they spend, and Quibids gets paid top dollar for the goods they sell. Sometimes several times the full retail price of the item. They need to publish the odds of actually getting value for your dollar spent (without having to spend additional funds to buy the item at retail). Clearly this business hurts the people they claim to want to help the most. Finally, if they realize that you have figured out the scam, they limit your opportunities to actually get a good buy. Stay away.
June 26th, 2011 at 1:29 pm
I have one question? If you enter the bid do you have to bid every time. Can you just bid at random moments or will you get kicked out if you don’t bid?
June 26th, 2011 at 11:51 am
I’ve spent that last couple days watching QuiBids and I have to say I’m impressed. The greedy capitalist side of me says “why didn’t you think of that” while the savvy consumer side screams “Warning!”. And honestly, there are two very different sides to QuiBids depending on your how you approach it.
QuiBids is an auction site that allows you to buy iPads, gift cards, trips, waffle irons, golf irons and just about anything else under the sun. And they sell all these products at cents on the dollar. For example I just saw a Nintendo Wii package (normally retails for about $200) sell for $4.99! The person that won only had to pay $4.99 for a $300 product… well, kind of.
In QuiBids you need to purchase your bids and each bid cost $.60. If you buy a package of 100 bids you pay $60 up front. Each time you bid, it costs you real money. For the Wii package above, the individual had to bid 120 times (each time you bid, the auction price is increased by $.01) and since it sold for $4.99, we know there were 499 bids (it starts out at zero cents). In real money, the winner of this deal actually paid $4.99 plus $.60 per bid (120 bids = $72) for a grand total of $76.99. Still a really great deal right? Well, yes, for the person who won. This product had twenty other people bidding on it and all of them (499 bids minus the winners 120 bids) paid out $227.40 in bid fees. Fees they don’t get back. They paid to bid, not to win. When you look at some of the auctions, its really crazy how long and drawn out they go on for because even though the action counts down, every time somebody bids, it add 10 to 20 seconds to the auction. Literally, these can go on for hours and hours. A Joola Quattro Table Tennis Table sold yesterday for $33.56. That’s 3356 bids for a grand total of $2013.60 in bid sales for QuiBids. All for a product that retails for $500 and QuiBids buys at wholesale for $300. That’s a whopping profit of of over $1,700 for a single auction. A Callaway Razr Hawk Driver worth $370 retail sold for $30.56 and did over $1800 in bid revenue for QuiBids.
QuiBids makes it fun too. They have achievements with badges and everything. The ‘More Bid Combat’ badge, ‘Running Riot Badge’ (no, not for Vancouverites) and ‘Going Rouge’ badges are awarded for aggressive bidding. Their site is slick, easy and engaging. Its a little bit like gambling because its competitive, exciting and there is risk and chance involved. Will the people I’m bidding against give up before me? Each bid you make, makes you more committed financially to winning the deal. As I said above, I might win the Callaway Driver for $30 but everybody else has already invested $1,600 to win the same product. I’d hate to invest 100 bids just to walk away empty handed (and $60 bucks less in my pocket).
And this is where the greedy capitalist side of me says “wow!”. I spent a couple of hours monitoring some bidding and here is what I’ve found when I looked at a sampling of completed auctions:
QuiBids has about 400 auctions complete per/hour
I averaged these out and based on what I tracked, QuiBids is doing about 10,000+ bids an hour.
Even though I’ve used examples of where the bids revenue is way higher than the product price, they do have about 40% of their products selling at less than their cost (bid revenue + sale price – product cost). Take into consideration though that QuiBids does not pay retail for these products and their losses drop significantly.
In my sample of 20 transaction QuiBids made approx $4k in top-line revenue for about $900 in products (again, retail price, not wholesale).
In none of my samples did the buyer ever pay more than the value of the product (auction price + bid cost).
Based on the auctions I dug into, QuiBids is making an obscene amount of profit. And this is just in the first month of operations. As it takes off and gets some traction, I’m betting this company could give eBay a run for their money. Amazon for that matter to. Buying something online is normally as much fun as doing laundry and QuiBids has come up with a way to make if fun, addictive and, if you’re an auction winner, a great place for a deal. I also find it a bit frighting because it combines so many compulsive behaviors like casual gaming, shopping and gambling all into a single experience. And lets be clear that this business model relies on those compulsions. QuiBids is the opposite of Groupon and other social dealz sites. Where those programs rely on the crowdsourcing to help initiate and secure that same crowd a deal, QuiBids is more crowdfleecing. Groupon is socialized deal making for the many and QuiBids is survival of the fittest (and by fittest, I mean that person willing to stick it out till they win).
Will I be using QuiBids to buy stuff? No, its a rip off unless you have the fortitude to fight tooth and nail to win the auction. Do I wish I thought of QuiBids? Hells yes.
~ chris
June 25th, 2011 at 7:44 pm
I been watching quibids for a couple days now and read everything about bidding on there site. It is a scam.The FAQ page says the bidomatic is only good for 25 bids on one item. THAT IS TOTAL BS. I have watched the same users use it over 50 times on the same item.. Then i started to get creative the same users come from the same IP address, hmmm very interesting and usually from the same server. Now tell me that not a scam
June 24th, 2011 at 11:49 pm
i am not an active user of the site but when i saw a 50 inch plasma screen going for $1.62 something was wrong because that a $600+ and it sells for $1.62 that just an instant scam i am 14 years old and just using common logic will help in life. for people who have in fact used this site and lost there money on it i have a tip for them. use common logic check out the site. don’t trust any one. not everything on the internet is true. the one main point that i am trying to explain hear is use common logic. its not hard u know. don’t get over excited u see that some one wins a ipod touch 4 that goes for $250 and that person gets it for $1.02. the numbers that i place on this comment are real i have seen the site. ive bin stalking it for about 2 days and when i saw that plasma go for $1.62 i just knew something was wrong.some one should shut down the site.
June 24th, 2011 at 7:28 pm
They stole my credit card number! Never use this site. I can’t believe they are still operating. Please never use this website.
June 24th, 2011 at 1:56 pm
QuiBids is a total scam. They found a giant loophole and have been stealing $$$ from people ever since. I totally got taken.
June 24th, 2011 at 11:51 am
I was a loyal Quibids customer for about 8 months. I have won 150+ items/gift cards. I tried to win a travel gift card for American Airlines of $250. I had a solid strategy and the bidding went on for three and half to four hours. I had used a minimum number of bids to this point and the bidding seemed to be winding down. There were 3 of us bidding near the end and there had been 4,368 bids to that point. I had used 166. Most of those were free bids that I had won on other auctions. When the clock gets down to around 2 seconds I hit the button and the clock restarts at 10 seconds. This went on for over three hours and suddenly a new player comes on(this is not unusual). I hit the button again at 2 seconds, just like the 166 times before and the screen pops up and says I was to late with my bid and the auction was over. I could see the clock in the background and it still said 1 second left!!! The new guy won with 1 bid after three plus hours of bidding. Seems very strange that three players go for hours trying to win an item and all three stopped bidding AT THE EXACT SAME TIME AFTER 4,368 BIDS. Makes you say Hmmmmm. I called and talked to customer support who said it was my fault. “My internet was slow on that bid, the mouses batteries where no good, my computers fault. They have a built in excuse for every time they cheat you…”it was your fault”
June 24th, 2011 at 9:22 am
I still don’t quite know what to think of the site. I’ve been a member for 3 days. It was my fault for not reading the quibids 101 to start with – I lost part of my original 60 dollars (they just went down the drain). I should have used the “buy it now” option – at least you get a chance to get your money back in the end even if you lose. I got wiser and I started winning – I got my money back in gift cards (looking forward to see when they arrive) and I still have almost 200 bids left (which I won in the process of winning the gift cards). I wouldn’t go for the big stuff (the ipad and other expensive items) because I am not ready to spend 8 hours plus and spend 2oo usd or more to win (I don’t have the patience to spend more than 8 hours in front of the computer). I have watched some auctions, though. I think it really depends on luck (who is bidding against you and how determined they are). Be prepared to lose and be prepared to accept that the owners of quibids DO make a lot of money from the people who lose the auctions ( more than enough to cover for the costs of the items they sell).
June 23rd, 2011 at 11:22 pm
It appears QuiBids rating are going down. It appears people are getting “Penny Wise” on this site. Keep the reviews coming.
June 23rd, 2011 at 10:34 pm
I concur with all reviews!! It is dreadful. Live and LEARN!
If you forget your login information (as I did….) you are SCREWED! They do NOT send you your login information no matter how many times you request it.
And to contact “Customer Support” (laughable…) you MUST have your login information! HA! WHAT a scam!
Dear people, dear people, I beg you not to sign on to this website. You work too hard for your money.
I made the fatal mistake of not googling reviews first. A mistake I will not make again.
June 23rd, 2011 at 10:11 pm
quibids inflates retail prices and makes it seem you are buying the lastest version like an ipad2 but no its an ipad 1 priced like a ipad 2 scam scam scammmmmmmmmmm
June 23rd, 2011 at 12:35 pm
Quibids doesn’t fully explain their system. It is like a casino. You may get lucky and win something for a great price but the odds are that over time you will end up spending as much as or substantially more than the total retail value of all items you win. It really takes a serious study of all the factors that go into bidding on Quibids to understand why I made the above comment. I do not have the time to explain in detail but think about the following: people can enter an auction to buy bid packages for pennies on the dollar, instead of $.60/bid, which is the normal cost of buying bids. With these discounted bids they are inclined to bid more and more for an item. This drives up the price and forces other bidders to use up their bids.
If you bid on an item and lose the bidding you can buy the item for retail plus shipping minus the amount you bid. If, for example, bidding has gotten very heavy on an item with a retail value of $200 so that different bidders have spent $20-$40 worth of bids, these bidders are inclined to keep bidding because they are so committed to the item that they might as well keep bidding. After all the worst that can happen is either 1) they stop bidding and walk away with nothing, which is what most people do up to a certain point, or 2) they bid till they finally lose but then decide to buy the item at retail minus their bidding costs. Since they know they can do #2 it keeps them in the bidding much longer and drives the price much higher. Also, all bids that are won via bidding and not bought at the $.60/bid price cannot be redeemed for a cash refund or toward the retail price of an item.
June 23rd, 2011 at 11:42 am
“Imagine this: You actually “win” and you receive a gift card with ZERO value. You email them during their sparce hours of operation (no phone numbers are available) and they say that they will take care of it and issue “50 free bids”… which costs them nothing but drives up the cost to other bidders!”
Same thing happened to a friend of mine who didn’t listen to my warning, I think they may do this to turn people into unwilling/unknowing shills. Also My friend cancelled his account after this. If incase you don’t understand how that turns people into unwilling/unknowing shills I will explain it to you. The more bids that older (even if its only slightly older) users have the more they are willing to bid on items that they might never had bid on to begin with like their lower end bid packs or gift cards, these items are the advised items to go after if your new. Now picture this a new user comes onto the site they see a $10.00 gift card and say “hey I will try my luck with this first since it seems to be easy to win”, what they don’t know is that someone who just got 50 free bids has come onto to the auction saying to their self “hey I just got 50 free bids even if lose all 50 I still win in a way (they can purchase the item without actually losing any money they spent on bids)”. Now this poor new user has to contend with a person who has just been awarded 50 free bids for this $10.00 the new user is using his real money, the older free bids user is using all 50 bids.
So the auction starts new user stops after 16 bids ($9.60 for card plus $1.99 for shipping) and just buys the card however the old user is still going strong at 34 bids, another new user jumps in thinking “hey traffic is dying down I just jump in and win”"you know I just saw those 2 guys battle each out they had quit by now”, what the other new user doesn’t know is that the older user is playing with free bids and really can’t lose either way, this new user also stops at 16 Bids, the older user still has 18 bids. So now one more new user jumps in and the pattern repeats and now the older user finally wins with 1 bid left. Now those who defend the site are thinking “hey that is just how the game is played”, what you guys must remember is that this scenario would never had taken place had the older user not been awarded free bids to begin with. Thus that older user has become an unwilling/unknowing shill without the knowledge that he may had just been tricked into milking other customers out of their money.
Well again this is just my belief and you can take it how you want to.
June 23rd, 2011 at 8:02 am
This website is a brilliant money maker idea for the creator. Expensive products on site seem to only be published during hours of most activity, limiting your chances to win. When you actually succeed in winning anything, processing and shipping take an incredibly long time. Be prepared to spend money on a number of bids if you expect to win anything worth your time. I am not completely convinced this site is intended to save people money.
June 23rd, 2011 at 1:50 am
If you do well, they will actually block you from seeing auctions.
“Thank you for contacting customer support.
QuiBids attempts to limit some auctions to participants of comparable skill, as determined by QuiBids, to enhance user experience and maintain a viable business model. In so doing, QuiBids may limit which auctions are available to particular users based on any factors deemed appropriate by QuiBids in its sole discretion, including experience of the user, historical success of the user, demographic factors, prior bidding and spending activity, and other factors. In particular, QuiBids may limit certain auctions to less experienced or successful users in any manner QuiBids deems appropriate to optimize the overall user experience of all QuiBids users. You acknowledge that You may be, and You consent to being, excluded from auctions at QuiBids discretion.
Laurence
QuiBids support”
June 22nd, 2011 at 11:59 pm
Quibids is an awesome idea and concept. If people are really upset that the owner and creator are ACTUALLY making money off of those bidding on the site, they need to step into reality. This site DOES give consumers the opportunity to win products way below retail price (about 80-90% off), but it has to come with risk. Those willing to take the risk MIGHT come out a winner on a great deal. All those who are mad are those who walked away empty handed just like at a casino. The difference is though, if you bid on items you actually want you get an opportunity to buy it still minus the bids you made! Going for something you are willing to buy at retail is almost fail proof besides maybe some fees if any. The only way Quibids could be scamming it’s users is by not delivering won products or bidding against it’s users to drive up prices.
June 22nd, 2011 at 8:43 pm
All of you who think this is a “SCAM” are very dumb. This site is fantastic. I’ve won countless items 85-95% off retail.
learn to bid at the right time. If u go into an auction at .35 cents expecting to win a TV that retails for 3k you deserve to lose, and i hope you lose bad. However, if you’re willing to watch that same TV auction for the 19 hours it stayed around 10 seconds at like I did with mine and win for 200 bucks, then you’re playing it the right way
June 22nd, 2011 at 7:22 pm
Save your Money and Time…..I believe they have employees bidding against “REAL BIDDING PEOPLE”. We are starting our own Website where it’s actually audited by an individual company and is Legit. QuiBidS, IN MY BELIEF IS A SCAM.
PUT YOUR MONEY TO GOOD USE. PURCHASE YOUR OWN ITEMS. DON’T LET THEM PUT YOUR HARD EARNED MONEY IN THEIR POCKETS!!
THEY REALLY TOOK MY MOTHER FOR A RIDE AND SHE IS ELDERLY!!
June 22nd, 2011 at 4:06 pm
I FOUND THAT QUIBIDS BIDS AGAINST YOU SO YOU BUY MORE BIDS FROM THEM. THEY ARE IN ALL AUCTION AT THE SAME TIME SO THEY OUT IN BIDS JUST WHEN YOU RUN OUT BIDS AND WHEN WHEN YOU DO THEY DRIVE UP THE PRICE AND THE PRODUCT IS NEVER AT THE PRICE THEY SAY IN THE RECENTLY SOLD ITEM.SO STAY AWAY FOR QUIBIDS.COM
June 22nd, 2011 at 3:50 pm
Imagine this: You actually “win” and you receive a gift card with ZERO value. You email them during their sparce hours of operation (no phone numbers are available) and they say that they will take care of it and issue “50 free bids”… which costs them nothing but drives up the cost to other bidders!
Two weeks later.. no gift cards STILL. This is more than a month after the promised delivery date! The response “sorry, we already gave you free bids… not a lot we can do but to re-issue a card at our convienience”. Essentially “Screw you customer.. we’re here to make OUR money.. even if it means stealing yours.”
June 22nd, 2011 at 8:26 am
One only has to look at Quibids’ fee per bid to understand how profitable it is for them. An iPad sells for $38.42-sounds great to the buyer. It also means that there were 3,842 bids, for each of which Quibids collected $.60, or an astonishing $2,305.20 (plus the winning bid amount of $38.42). Not a bad markup for an $800 iPad. $32.00 for a Nikon D90 worth $1,100-Quibids collects $1,920 for the bids and the $32.00 winning bid price.
If you understand that Quibids is really a game of chance-not too bad, but if you think Quibids is an auction giving you a good deal, think again!
June 22nd, 2011 at 8:17 am
If you ask why I changed my rating it is because of what Dean wrote. That info of which I did not know before basically makes their buy it now feature useless because if you have problems (i.e missing parts or not working) then your screwed, not only did you just pay higher then real retail, but you can’t get it fixed or a replacement.
Forgot to add something, okay there are a few people who don’t believe me when I tell them to stay away from Quibids, they say their friends have won a few auctions and so on, what they don’t realize is that Quibids starts you off in beginners auctions. Auctions that you and maybe 2-3 other people can see, this takes place for the first few auctions about 3-4 I believe these auctions often literally go for a penny, simply because no one else is bidding on them because no one else can see them.
After you win about at least 2 of these beginner’s auctions you are then forced to go up against their regular bidders in regular auctions where it quickly becomes apparent that you are not going to walk away with anything that is a bargain, again this is where I believe shills (people who up the price for the company) and bots (same thing just apps not real people) come in simply because the bids (usually 2-4 times the items value) that people make don’t make sense unless someone is telling them to do that or someone has programmed them to do that.
Also a few more details about these beginners auctions one they will not get your $60.00 (initial sign up fee) back in anyway or give you value for your $60.00, most of these auctions are for very cheap items like bids packs (totally useless, they do not count towards the items actually price only bought bids do not won voucher bids) and a couple of different $10.00 cheap gift cards.
After winning 2 of these auctions you are then dropped into the real auctions and are forced to contend in a real auction with people that may be bots or shills designed to make sure you do not walk away with a bargain. Also there are some people online who will tell you that you can win don’t listen to these people, these same people will supply you with a quibids link that will actually be a reference link. Clicking on this link and signing up will get them free bids and will get you nothing.
June 21st, 2011 at 9:01 pm
This site is simply another form of gambling. Some legal restriction should be in place to protect innocent consumers.
I would get far away with this kind of penny auction if I were you.
June 21st, 2011 at 8:02 pm
Glad i read the reviews,i think ill stick with craigslist and ebay. here’s an concept, go to walmart :p but what a way to make money! Props to the owner.
June 21st, 2011 at 12:16 pm
THE NUMBER ONE REASON NOT TO BUY EXPENSIVE ITEMS FROM QUIBIDS.COM IS………
THE PRODUCTS ARE NOT BACKED BY MANUFACTURER’S WARRANTIES….SINCE QUIBIDS IS NOT THE AUTHORIZED RESELLER OF ANY PRODUCTS….YOU GET NO MFG WARRANTY. THAT MAKES IT WORSE THAN BUYING REFURBISHED ELSEWHERE!!!
So before you say to yourself, “okay, I was going to buy an iPad anyway….so let’s see if I can win one…but I’ll be okay paying the buy-it-now price because I’d have bought it anyway?”…..well…if you would buy an iPad or a TV or an iRobot or any electrical device at 30% off retail with no warranty – that’s crazy. I just learned the hard way.
And it does not state their retail status anywhere on their website.
June 20th, 2011 at 6:09 pm
I am a numbers person and discovered all the negatives above. I ended up buying several gift cards for my bids but then you pay 2.00 extra dollars to ship a 10.00 gift card. Also the bids you win attached to a auction – like 10 extra bids with a clock. Well only the bids you pay .60 cents for to begin with can be deducted from an item. But the “won” bids you cannot deduct from a future lost item. But if you lose the auction for the clock they make you also “buy” the bids attached to the clock. It was very strange that when you first start with them – they put you in a “new” person auction. In the beginning you win a small auction or two. Then it seems no matter how hard you try “you lose” more money than what you get for it. I also watched very closely and found the seconds countdown – was not the same – it seemed very rigged.
June 20th, 2011 at 12:53 pm
My personal opinion and an honest one:
“After having tried their site after seeing the commercial I have to tell people to stay away if you do not want to lose a $100.00 and get nothing in return for it then just stay away. Their commercial promises you a good deal saying you can get a $2,000.00 TV for $123.90 what they don’t tell you right away is that each penny ($0.01) cost sixty cents ($0.60) this means that this TV will cost $7434.00 in the end. Now to be honest this doesn’t mean that you would had made all those bids, but you could make only $1000.00 worth in bids and still walk away with nothing, also those bids you pay for you know in bulk so they really cost $60.00 upfront expire. Also about shills and bots I can not tell you for certainity that Quibids uses those but when you look at the bidding that goes on you have to wonder why someone would pay $500.00 worth in bids for a monitor that you could get at newegg, tigerdirect, amazon or even ebay for $150.00. Now if you don’t want that previous mentioned $1,000.00 in bids to mean nothing you could use their buy it now, this buy it now feature is another screw you move by them, they will allow you to use your $1,000.00 in bids towards the item, but they will not mention that the same item might had only really costed at any other website a $1,000.00 to begin with (to be fair no store I know of actually tells you their competitors price, but they also don’t expect you to spend money and end up with nothing), yes they inflate their value price.
So in the end I will do you a favor, my advice is that nothing in life is free and there is no way you will get that $2,000.00 TV for pennies, do your friends a favor too if they think about getting on to Quibids tell them what I have told you “stay away from schemes like this one”.”
As for strategy the only real strategy I can see is be lucky enough to be the last person to bid on the item.
June 20th, 2011 at 10:37 am
For everyone that is claiming quibids is such a scam, you should search what a capitalist society is defined as and then reconsider your statement.
All that the owners of quibids are doing is complying with our country’s main goal and doing a damn good job of it. The main idea of any business is to increase profits, quibids is doing just that.
For the people that are dumb enough to run up an auction and not have the intention of using the buy it now option, this is a faulty strategy on your part.
In the How To section of quibids website it tells you directly that you should have the intention on buying the item that you are bidding on. This way you dont come out empty handed.
I’ve won countless auctions on quibids that range from ten dollar gift cards to diamond earrings and not once have i felt scammed. There is a strategy to winning and for those of you that claim its a “scam”, maybe you’re just not intelligent enough to read directions.
I will admit that sometimes it seems as if bots may be bidding up the auctions but the bottom line is that you have a second chance to purchase that item. The bottom line is that customers scam themselves by not adhering the options provided by the website.
Honestly, I wish that I would have came up with such a profitable idea.
June 19th, 2011 at 11:47 pm
It is very addictive. If you read on the website more in depth before jumping into purchasing the bids, they do make it clear that it can get expensive and to choose your wars wisely as far as bidding is concerned. It is definitely a gamble, with one second left on the clock, you are so close but someone else bids. It is definitely more of gambling than anything else. You are gambling for a chance to win an item at a ridiculously low price. Yes, each bid is $.60, but say you win a gift-card for $200 and only paid a few dollars for it, and a few $.60 bids. it is cool. Will go get the IPAD on 5 bids? Most likely not, and if you read on the website it blatantly says so. It depends how you play, who is bidding and how much you are willing to spend to have the chance to win. It definitely isn’t for everyone, buyer beware, but I enjoy it thus far.
June 19th, 2011 at 7:08 pm
I think Quibids is awesome. It is allowing me to use the knowledge I gained from my game theory class in real life. People who are complaining about it just aren’t being strategic about how they use the site. Sure, the $60 they require to start is pretty lofty and sometimes the bids go on for a ridiculous amount of time, but today, I won an iPod with 2 BIDS, a $25 Starbucks card + 20 bids with 6 BIDS and a bids voucher for 6 BIDS. I more than got my money back and its just my first day on the site.
Advice: Stop complaining and read up on some game theory. This is a winning business model.
June 19th, 2011 at 1:27 pm
QuiBids is like gambling, except that until you get into the game, you don’t really realize the business model. In gambling, the casino makes out well, while most people lose and a very few win. It’s the same with QuiBids. But really, my only criticism with QuiBids is that their advertising is misleading – they make it sound as if a $500 iPad really “sold” for $20. I got sucked in because I didn’t realize that by registering I was obligated to pay for 100 bids – my bad, should have read the terms more carefully. I guess the best strategy for me is to go for items of lesser value where there is not much competition, then as soon as I use up my 100 bids just quit.
June 18th, 2011 at 9:05 am
This is a big time scam online white color highway robbery. Authorities should get involve and stop this non-sense. In the recession time this is a very high rated robbery and big time gambling.
1. you cannot with more than $999
2. In 24 hours you cannot win more than two bids
3. Initially you will be allow to win $15 $10 gift cards
4. In case if you won higher price items there will restriction on that item.
5. How BBB Better Business Bureau allow this type of business and don’t understand the rating concept.
6. I’m going to send a letter to the Federal & State authorities to investigate.
This is a ripped off….
June 17th, 2011 at 6:44 pm
I personally think it’s a great idea. You people forget this is a business to make money like every other business out there. Are you going to stop buying iPads once you find out how much profit Steve Jobs is getting? Let’s not forget that Apple is a multi billion dollar company because they make a humongous profit on EVERYTHING they manufacture and sell to you. It looks to me that most of you haters are just jealous of their great money making ideas. Good luck quibids! Wish I had come up with the idea myself.
June 16th, 2011 at 10:01 pm
The level of ‘suckitude’ that QuiBids offers is revolting and in my opinion criminal. Now the I’ve learned there is a Federal Class Action Lawsuit in Oklahoma pending against QuiBids.
Buyer beware.
June 16th, 2011 at 1:17 am
Personally I think the concept of Quibids is brilliant! As long as there isn’t any nefarious dealings by Quibids, I wish I had thought of it.
I don’t see anything wrong with the prospect of Quibids profiting on a product that many bidders are bidding on, while selling it to a bidder for 90% of the retail price. It’s a win win for both Quibids and the bidder as far as I can see.
As long as they aren’t doing anything underhanded in the background, then I don’t see anything wrong with this concept, except for one thing…
… the time it takes to win a bid.
With eBay, each auction has a sell date and time, so each bidder knows that they need to get that winning bid before the time runs out.
With Quibids, there is no time limit. The winning bid is won by the bidder that has the most endurance. So that’s tough, but if you have the time and dedication, then you have a good chance of getting a product at a great price.
I don’t have a problem with that.
June 15th, 2011 at 7:46 pm
Quibids is really lame. One, you have to pay $60.00 to even start. Second, to get more bids you must pay money, and $30.00 is the cheapest offer you have, so if you don’t win you’re not only out of the money of your bid but $60.00 plus! Quibids claims to be better than Ebay, but Ebay is free, no “start-up” fees and if you don’t win you aren’t out any money, no matter what!
June 15th, 2011 at 4:56 pm
Quibids is a scam for the most part, but in ways you might not even think about. Look, everyone is going to have their own opinion. Many people say quibids has bot (fake accounts) bidders set up to artificially inflate the prices. That’s possible, but no outsider really knows that for sure. I have to say that when you see the same user id bid the max on a $3000 TV, a $2800 laptop computer, a $600 vacuum cleaner, a $500 radar detector and then a $2000 desktop computer all in 48 hours, it sure stinks to high heaven like a scam. I mean does anyone really find $10,000 worth of the exact merchandise that they were going to buy on quibids at the same time? I THINK NOT! The part of the scam angle that most people don’t see is the multi account scam from bidders and the scam from the actual suppliers of the product. You see, quibids doesn’t stock merchandise, when someone wins or executes the buy it now at the over inflated price, quibids then buys it from sellers on Amazon (for the most part), and has it drop shipped to you. Now, if you were Joe Blow in NY and had 100 ipads you wanted to dump in a hurry, you just simply create 5 accounts in different peoples names and bid to the max one after the other. In the wake of these 5 dummy accounts, honest bidders will get caught up in the wash and either walk away from their cash or execute the Buy It Now option. So, as a vendor, the more losers you can generate the more ipads you dump and the more money you make or at least get rid of you obsolete inventory. It blows my mind how easy it is to scam people on quibids. STAY AWAY!!!!!!!!!
June 15th, 2011 at 3:20 pm
You people hating on this site are fools. Yeah the company is banking off selling bids but someone still gets item for less than retail. No shame in someone coming up with a great idea. The profit quibids is making off the bids it sells is almost like the profit the manufacturer makes when they sell their products. Everyone needs to make money, this is just an extremely awesome way of doing it.
June 15th, 2011 at 2:27 am
Ok .. i tried the site.. and won an xbox 360 4gb console for $12.00 and some change..
BUT… only use this site if you are willing to buy a product at retail price..
I was going to buy my xbox from quibids by placing all my bids on it but eventually i won it for $12….
Since i spent a good amount of bids on it.. like $75 in bids..
So i really spent $87 to buy a Xbox 360 4GB console which is priced at $200
I saved over 55% lol.. i researched quibids before i started bidding.. and i studied the product i wanted and how to win it
Quibids is legit. Use it if you are going to buy the item regardless so you can use all your bids on it.. i still had bids left over when i own..
June 14th, 2011 at 11:37 pm
This what happens when you run into something before you check it out. I did my home work before I gave them a dime!!! and this is what I found out
we are going to be looking at the Apple ipad 64gb with wifi.
what they call retail is $850.00, $150 more then if you just go straight to Apple…….thats the first “RED FLAG” and for every bid you place it will cost “you” $.60 so 100 bid is $60. but lets say the ipad is at $5 that means that biders have spent $300….. lets say they auction it off for $100 they will have made $5,150……….ya i did the math a couple of times and i still cant believe it.
lets say they sell 100 of them. they will have made “515,000″ then they can go to Apple and buy 735 of them and then turn around sell those and they will make 3,785,250……..and thats just for the ipad’s. add in the tv’s, computers and all the other BS thats over priced
June 14th, 2011 at 5:12 pm
I am of the opinion that there are lots of bots and/or quibids workers jacking up bids and screwing you out of bids on purpose. Many times I would try to bid on something only to be blocked at the last second. Now i know that this is a common strategy but it’s always done by a brand new bidder. WHY?!!? would you rush to bid on a 1 second item just to screw someone out of an item? It makes no sense for someone (even if they want the item) to drop a bid or 3 at 1 sec then disappear. When I first signed up it gave me “beginner” auctions (mostly voucher auctions but whatever) the first one i clicked I won. The beginner auctions then disappear and the site doesn’t act the same. Stay away unless you want the item for retail price. I dumped 100 bucks into bids now I’m done. Please learn from my mistake. I love gambling but this site isn’t even that.
June 12th, 2011 at 7:15 pm
The simple truth about Quibids or any penny auction.
I recently followed the auction of a Samsung 64″ 3D Plasma HDTV; listed retail $2,699.99.
The winning bid was $134.07. So it seems exciting, like someone got a great deal, and in fact they did.
However; remember, each bid is worth $.01; therefore there were 13,407 bids made on the item.
That means Quibids took in $8,244.20 for a $2,699.99 item.
$137.07 X 100/bids-per $1.00 = 13,407 bids X $.60/bid = $8,224.20 – $2699.99 = $5,544.01
Clearly someone paid the additional $5,544.01 that Quibids took in over the retail price.
Another way to look at it, is, a lot of people lost a fair amount of money on this. Clearly the real winner is Quidids.
There are a myriad of other issues with penny stock auctions. Not the least of which is false bidding.
So hear is the bottom line!
The one “responsible” way to “play” Quibids is – Only bid on an item you need and are prepared to pay full retail price for that item. Frequently you will get lucky.
This way you can’t lose; because if you are outbid you simply buy the item at full retail price.
June 12th, 2011 at 4:52 pm
As the old saying goes……
If it sounds too good to be true…….
I think the AG should be looking into this.
June 9th, 2011 at 9:03 pm
quibids is a scam.. I have a friends who works for the company and he asked me to pay him $100 dollars and he would tell me when to bid and that he’d guarantee me an ipad. I still had to join and spend $60 plus 93.76 since thats the price it went to but in the end I did get an ipad. SO 93.76 x .60 = 5635.60 minus ipad price.. the site made over FIVE THOUSAND DOLLARS plus NO chance of just a random person gettign the ipad. THIS IS A SCAM STAY AWAY.
June 9th, 2011 at 5:52 pm
Thanks all for saving me the $60.00 sign up fee. glad I googled quibids scam instead of giving credit card info….BOTTOM LINE…. don’t waste your time or money on this site!!!
June 9th, 2011 at 4:16 pm
I was led on by the ‘free bids for registering’ and thought the 100 bids were free… until I saw the charge on my credit card. I asked for a refund and was basically told it was all my fault for not reading the entire website before participating.
Bottom line, if it seems too good to be true … then it is
total scam
June 8th, 2011 at 1:23 pm
This site is a scam… full of bots and shill bids. The 4 or five star reviews on this site are so false! CAN YOU SEE THAT A REVIEW THAT DOES NOT FAVOR QUIBIDS GETS 1 STAR AND A REVIEW THAT FAVORS QUIBIDS GETS MANY STARS AND IS MORE WELL-WRITTEN THAN MOST OF THE OTHER REVIEWS? They even have their evil little worker bees invading this site! Scam!!!
June 8th, 2011 at 6:51 am
What people don’t understand is that Quibids have a lot of users created by them so they can easily bids on their own products to increase the value 3,4 or up to 5 times the retail price and at the end they just re-sell it again because one of their fake accounts won. And please this is so easy to do, if you are the administrator of the website you can run a program to out bid anybody at the last moment. Basically they are geniuses… Stay away SCAM….
June 7th, 2011 at 6:35 pm
I watched 3 or 4 auctions on $10 to $200 gift cards. On the $10 card several bidders bid innumerable bids and got it up to $2+ which doesn’t make sense to spend that many bids on $10. Then it just ended abruptly sometime during the last 10 seconds. Then it showed winner at $.01 with no name. What the…? The $200 card was bid up in a war to over $20 and also stopped abruptly without getting down to the last second. When I looked in the history there was to gift card that had just sold for $20+. Now tell me there isn’t something scammy going on….???
June 7th, 2011 at 3:12 pm
I don’t think it’s a scam but you better read the fine print and you better watch a few auctions before registering with your credit card. I personally didn’t have the same issue with thinking I was only registering because it was clear as day that in order to register I had to buy a bid pack for $60.00 so I knew my cc would be charged. I won a small bid package in the beginner auction, a few $15 & $25 gift cards, a few $100 gift cards, 250 bids, 100 bids and a few 20 bids and an Xbox360 kinect all for the $60.00 + another $80+ including shipping for the items so all in all not a bad haul.
The Xbox was a fluke and very stressful because it does take a long time (6 hours this auction went) but I happened to come in at the end. I am having fun, not hurting anyone and I don’t think I’ll be bidding on those big ticket items because it was too stressful for me. I was able to use my gift cards at walmart and buy my Nook Color reader though so I’m good and I’m having fun. I’m saving the xbox kinect for Christmas. For those who feel scammed maybe you were and have every right to pursue all avenues. For those who are pissed because they didn’t win anything and think the company should not try to make a profit I’m wondering why would any business not want to make a profit basically off the stupidity and greed of others. Seriously think you can win an ipad with 1 bid for 2 cents? They saw you and countless others coming and built a smart model to make them some money. I’m jealous I didn’t think of it.
June 7th, 2011 at 5:58 am
Now check this out, they are in control of the reviews too. All the ratings are high for those that have positive comments, 3-4 stars. The highest rating for negitive comments is 1-2 stars. Scroll up and down and see for yourself.
June 7th, 2011 at 5:26 am
They even plant themselves here too. We that know better are many and the so called winners are few. Be warned! This is a SCAM!! YOU CAN NOT WIN!! I just finished watching the commercial and started to sign up and thought check the reviews. Glad I did!! No money lost here, I believe the majority in numbers and you should too!
June 7th, 2011 at 4:08 am
Not much comes free, easy or cheap in this world but if you’re willing and it’s worth it to you then let me say like so many have already said, this is the biggest rip-off of rip-offs for a auction site. You need not be an einstiein, mathematician, college grad to know when you’ve just been had. ebay will not make you pay in advance and any item you bid on and not win will be fully dismissed. Nothing held back, not one single penny. ebay is not all fault free, shipping and handling for one, which I feel needs some looking into, but it’s no secret, the shipping fees can be known before you even start a bid. It’s all up to you and what you’re willing to pay and not what ebay wants you to pay. You’re in full control of all your money. I’ve read through some of Quibids agreements and many warning flags caught my eyes. Now let this catch your eyes! The only way you’re going to get an ipad for 24 dollars!!! Is broken and most likely can’t be fixed! I have lots of stuff around my home broken for $24.00 or less if you want it????
June 6th, 2011 at 9:53 pm
Stick with Ebay every one! Quibids took my money and I’ve never won any thing. The guys running quibids are just bad as bernie madeoff!
June 6th, 2011 at 5:38 pm
i won movie tickets from q- bid and never received anything from them. i am very disappointed in them.
ed schwartz
ps i never used this company again. waiting for movie tickets since march 2011
June 6th, 2011 at 2:46 pm
This is gambling and an absolute rip off, it’s white color highway robbery. White color crime using the latest technology (internet). Don’t know how far the personal information is secured especially our credit card information. Please look into it before you jump in….
June 6th, 2011 at 1:18 am
A total RIP OFf, everyone needs to call thier AG and the bbb TO GET THESE SITES SHUT THE HECK DOWN DOWN DOWN. There is no free lunch, these guys are making tons of $$ on people’s inherent greed factor
June 5th, 2011 at 5:58 pm
Stay away from penny auctions. It’s gambling with a super low return on your bet. It’s like playing 2-5$ Poker with a 80% rake on each hand. I guess it’s more like playing slots with chips you paid 600% too much for.
From a mathematical standpoint there is absolutely no reason to participate in this. It’s pretty easy to see the fact that sites like QuiBids make money on a majority of items sold, and also make money on their buy it now feature.
Basically as the final auction price of the item goes past 1.66% of the item’s actual retail price (or 1/60), the cost:benefit ratio of your bet/bid gets worse and worse. Seeing how the big ticket items sell for 5-12% of the their retail price, you are essentially getting 10 cents or less back for every 60 you put in.
Also there really is no strategy. Everyone knows to wait till the price of the item gets to some % of the retail price and start bidding then. Even if you start bidding at one of these points your actually getting less return on your money then the people that start bidding early.
Take that plus the fact that maybe 70% of the positive reviews of these things are either fake (It is a real job for many people to create fake buzz about products or services) or made by people not aware of how stupid a gamble this is, you have a site that isn’t worth your time. And on the subject of time, think about how many people are wasting their time watching these auctions. So now this is not individually a bad economic decision, it’s wasteful for society in general. This really is the worst kind of gamble you can make, and you end up with 200 people paying for one person’s new Macbook Pro. Use Ebay or a legitimate retailer.
If you really are just playing it like a game and want to see if you can beat the system, more power to you. IMO you probably are not as smart as you think you are. It’s not really a game of skill when you have 1 button and can’t see any of your (unspecified number of) opponents. Smarten up.
June 5th, 2011 at 4:56 pm
Having had the unfortunate experience of being a swipe bids member I do not trust any penny auctions. When swipe bids went out of business they refused to pay me back for the bids I had purchased. The time and money wasted on these schemes are not worth it. I agree with others that you are better off dealing with proven auction sites like EBay.
June 5th, 2011 at 11:09 am
I have read the majority of comments on this site, and most of the posters yelling Scam are making invalid arguments.
One of the main misconceptions is posted in the article itself… “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.”
This statement assumes that there is only one iPad for sale which is not the case. EVERY bidder has the option to ‘Buy it now’ at any point during the auction, and your bids placed are credited towards that purchase. So if 10 people are bidding, they can all buy an iPad at 499 in which case that 1352.40 is divided by 10 and comes out to 135.24 per iPad. However this usually doesn’t happen because many people walk away without using the buy it now feature. Simply put..in the example given we don’t have enough info to determine how much each iPad sold for.
The person who won for 22.54 paid 22.54 + cost of bids + shipping
If you placed so many bids that you pay over retail price then you are a moron. Learn basic algebra and you will know when to throw in the towel and buy it at retail price.
Shipping price is clearly posted on each auction so you know how much shipping will be before bidding.
Quibids will actually lose money on that one iPad that went to the winner. Then for each person who bids and chooses to buy it now, quibids makes a small profit (their retail price is a little bit higher than what you could buy it for on amazon, etc). Quibids really makes their money on the people who bid and then quit without buying anything. Fortunately for quibids, that is a majority of users because they don’t take the time to understand what they are doing.
Only bid on items for which you are willing to pay retail price and you will never lose a dime, yet have a small chance of saving serious money.
June 4th, 2011 at 4:41 pm
It’s easy to win vouchers and cards for more bids, but try bidding on an item with any value. I have watched the clock count down to the last second or two and tried to enter a bid – very mysteriously the system stopped responding for 4 or 5 seconds, then told me the auction ended before my bid could be placed. This mysterious freeze up only happens in the last second or two. They’re more than happy to place bids instantaneously if there’s a lot of time to go. This has happened to me more than once on items where there was only 1 bid before I tried to place mine. My conclusion is this is some sort of a scam.
June 3rd, 2011 at 4:47 pm
I had a friend of mine sign up and won a $200 gift card less than an hour after signing up. he used 40 bids and the card went for $6.50. he spent just over $30 dollars for a $200 dollar gift card. Not too bad. I’m gonna give this a shot. We also figure the best times to do it would be real early in the morning or real late at night. He had a friend who won 2 i pads, a 47 inch 3-d tv, and a macbook air. with bids he spent less than $250. You just have to bid wisely…
June 3rd, 2011 at 8:54 am
Stay away from Qbids. If you didn’t win the bidding then you only option you have is to apply your losing bidding money to buy the item you were bidding on the suggested regular price. In addition, I’ve bought 2 bundles of bidding money @ $60.00 each. They charged my visa card with an extra $60.00. Do yourself a favor read the terms and conditions before you sing up. Stay away from this web site. I had a costly dreadful experience.
June 2nd, 2011 at 10:56 pm
I’ve had a lot of fun on Quibids and I’ve won quite a bit of stuff. I haven’t tracked how much I’ve spent in buying bids, but have had some significant wins.
The idea that they have “bots” bidding against you is sort of silly. There’s enough people on the site getting into bidding wars that them needing to do that would be pointless, IMO.
The point behind quibids is that IT IS gambling. It’s no different than sitting in Vegas an throwing out 10 bucks a hand against a dealer. That being said, there’s significant strategy that goes into it. I’ve watched auctions for over an hour before bidding and winning.
How do they get away with it? Because you can still buy the item at any time during the auction. Hypothetically let’s say I drop $12.00 worth of bids (that would equal 20 actual times bidding) against an item, but either don’t win or decide that the competition is being too pushy. I can then take the full $12.00 and apply it toward the retail purchase of the product. So there you go… you get all your money back, but you have to buy the item and pay for shipping. They aren’t taking your money. You willingly decided not to buy it.
So that being said, don’t go crazy on Quibids. Don’t think you’re getting a TV or an expensive MacBook the first time you’re on the site. REMEMBER you’re bidding against people who may be prepared to bid their 60 cents at a time up to the full value of the product. That could equal thousands of bids for them. If you’re not ready to go the distance, then don’t do it! Some people get lucky, true, but it probably won’t be you. If you can’t hang in Vegas, you’re not going to hang on Quibids and you’ll probably be one of the people on here screaming foul. Start small.. go little.. get used to it. You’ll have fun when you get the hang of it and if you have the money not to care and get attached.
So for me, personally… I win a lot. I don’t overbid, I don’t get pushy, I sit in the wings and strategically spend my bids at the right time. Just like they say about Vegas.. you gotta know when to hold ‘em and know when to fold ‘em.
For people that are saying that the timer is out of whack and that there has to be some shady business going on.. go buy a new computer and get a high speed connection. If your system works well and you have a good connection that simply won’t happen.
My experience on quibids has a been a really good one. In the last few days I’ve won a couple of great gift cards (again, to places I actually would be going to anyway (Staples for my business, Starbucks for my fix, Applebee’s for a Guinness and some appetizers)), and a couple nice sets of golf balls (each golf ball win was for less than six cents and only a couple of bids needed for two dozen balls that cost close to $50 retail.)
It’s easy to see why most people would be upset at quibids. They go in thinking that there’s no competition or people, like myself, that are studying you. I’m watching you get aggressive and laughing at you as you waste your bids because I’m just waiting for you to be done and then swoop in. They think “eBay” when they think auction. This is a much different format, and, like I said, you need to only bid on things you’re prepared to buy at full price. It’s Vegas, it’s gambling, and if you’re not prepared to lose your money and walk then you’re playing on the wrong site.
June 2nd, 2011 at 8:07 pm
SCAM SCAM SCAM! One of the oldest tricks in the book! They are saying something is being bought for 1cent but the what they call “1 cent” is actually “1 bid” which costs “60 cents”. Bidding would go a whole lot different if the price went up 60 cents each time don’t ya think? So that iPod they show going for $22 would actually say $1,320. The only possible way it would work is if you bid 1 time and you were the last bidder on an item and won it. Either way Quibids is making a mint and laughing at all the fools signing up! There will be lawsuits I guarantee it! Just watch…
June 2nd, 2011 at 12:34 pm
I love Quibids! You have to be smart and watch auctions to see how much stuff usually sells for and also watch the other bidders and only get into bidding when there is a low amount of people bidding or when you can tell others have bid many times and will probably give up soon. I have won probably 10-15 different things. a lot of small things ranging from 15 to 100 dollars, but i feel i have at least got my money back.
a good strategy also is to bid on things that you plan on or normally would buy at retail so when you are bidding you know you are going to buy it anyways.
If you stay with smaller gift cards etc you can do a very good job. love the site
June 2nd, 2011 at 11:17 am
Have you noticed how all of Quibid’s defenders use words like “smart,” “disciplined,” etc.? It’s almost like a cult in which the followers have allowed themselves to be convinced that spending sixty cents to bid one cent is a great idea. Yet they consider themselves the smart ones.
June 2nd, 2011 at 6:49 am
I won 3 items on Quibids but will not go back. It is just too competitive. I had problems even bidding on bid packs. I have found a much better site and am winning auctions. I don’t like competition so I am not going to say it.
June 1st, 2011 at 10:48 am
I was clearly mislead and I gave then my CC. Well, they charged me 60,00 for a stupid mouse, which I could buy for 10,00 retail.
The fine print is the way the trick you. Don’t go in there.
I am consulting with State of Florida Dist. Attorney about quibids.
It is a scam for sure
May 31st, 2011 at 8:53 pm
This is a SCAM. Anyone telling you anything different is lying to you. Still not sure how the AG of OK has not shut this thing down.
You probably can win some gift cards…. MAYBE. Kind of like a little carrot to entice you to spend your money.
Someone posted an iphone on craigslist and i emailed them. they replied later saying sorry but the item had already sold to a single mother yadi yada, but they got it on quibids and how awesome it was, and that i should go there and buy one…… a very long, thorough email response with a name that didn’t match the email address. i replied to say thanks, but of course the email address was bogus.
Everything about this site is fraud. What real business solicits bogus craigslist ads.
May 31st, 2011 at 3:15 pm
Quibids is not for the aveage John Doe. It is for people with an IQ of 120-129 or higher. Fair and simple.
Now given that 8.9% of the population has that IQ level (or higher), the other 92.1% of people are the ones you see responding negatively above. Primarily because their don’t read or understand how to operate the Quibids systems. In order to win at Quibids you need:
* Patience
* Pattern recognition
* Know when to let go of an item
* Understand Risk vs. Reward
* Know basic Math
* Able to research how much items sell for
If you don’t have the above qualities/knowledge then I’m sorry but you are not educated or virtuous enough to win auctions at Quibids.
Could you get lucky? Sure. But luck can only get you one (1) item.
May 31st, 2011 at 8:31 am
I like the site personally. You can’t be cheap and expect to win all the time for 1-5 bids.
May 30th, 2011 at 12:53 pm
You might be able to win a piece here or there but, long term, this site will cost you far more than it will ever save you.
Quibids is a business. If you don’t like their practices then don’t play there! Period end!
May 30th, 2011 at 12:02 pm
I contacted Quidbids previously and received a quick response from their customer support team about the quick deduction of my $60.00 when I registered. I wasn’t satisfied with the first response so I emailed again stating I wanted my money back. In a few minutes I received an email that my refund had been processed. I was pleasantly surprised at the timely response and did not expect to get my money back at all. I also suggested that they put a pop up to customers just after completion of the address and credit card info and before hitting the submit key that says, Are you sure you want to be charged for our starter kit of $60.00 for 100 bids on this credit card? Yes to continue. No to cancel. This would give the customer a chance to think about it in case they misunderstood how Quibids works. At least this would not be misleading or false advertising. They told me it was a great suggestion. Whether they do anything about it is up to them. I think this would help clarify the immediate deduction of the $60.00 starter kit. For instance, in deleting bulk mail on my yahoo account it has a pop up asking, Are you sure you want to permanently delete these files? Yes or cancel. This company can do the same thing. I also told them many of the people on this site felt this process was deceiving too. We can’t all be wrong! Anyway, I hope this helps. Try again if they refused to refund your money the first time. Also, I am not sure if I will try their site in the future or not. I will read all of your reviews good and bad and go from there. I will probably stick with the Big casinos on occasion and EBay. Just remember….Don’t let gambling get out of hand….Good luck.
May 29th, 2011 at 9:20 pm
I just spent a couple days checking out Qudbids, these folks are making a lot of money — Scam? depends on how you look at it. There are two ways of winning — either by getting lucky (where others are not paying attention to whats going on and your bid finishes the auction) or by sticking out the entire auction longer than all other bidders (this could cost a lot of money and you never know when the last bid is going to be), you never know when that last second is actually going to be the last. Personally, the stakes are too high for me and I will never go back. I have better things to do with my time and money.
May 29th, 2011 at 8:07 pm
I see what all the comments mean about Quibids clarification and deceptive practices! I registered today and gave the information address and credit card…hit submit…then a blue box pops up and shows an ad for 100 bids @ a cost of $60.00….then I get a message from my bank checking account that I am overdrawn! Quibids immediately took the funds out! I did not realize it worked this way as I only had $58.00 in my account and planned on going on the site after registering for FREE To choose a cheaper amount! When I saw the alert from my bank I immediately deactivated my account with Qiubids hoping the charge would not go through! Didn’t help. Contacted customer support and told them what happened and they said that the information in the blue box was plain to see and another one near it was clearly visible. She said I could start bidding now. I sent back a message and said I deactivated my account and how could I bid unless they reactivated me? I told them I don’t want to be charged again another $60.00 to register again and I wanted my money back! They have not responded yet.
Why didn’t they have a popup that asks, Are you sure you want $60.00 charged to your credit card for 100 bids? Yes to continue, no to cancel! This is deceptive and never give any warning of this charge! If I don’t get my money back I will contact the Attorney General. I used this once before on a business, but, found out you have to have at least 6 complaints against the business or they won’t do anything! So write! I checked out this site a few months ago and my gut feeling said STAY AWAY but I decided to give them another chance! OMG…I should have listened to my intuition! From all the negative complaints I have read here…Why is this site still up? Take them down FTC!
May 29th, 2011 at 2:54 pm
One comment: Notice that all the defenders of Quibids always say “do your homework” and it’s in the “timing”. Hmmm, think maybe it is their playbook?
May 29th, 2011 at 8:56 am
You have to treat Quibids as a gambling site. I personally track everything that I do on the site in an Excel spreadsheet. I NEVER bid on anything but gift cards. If I don’t win the gift card, I ALWAYS use the buy it now feature which leaves me with a net loss of $1.99 for that card. I win about every third auction that I participate in so overall, it is very profitable. If you are unable to maintain discipline at all times, this site will eat your lunch.
May 29th, 2011 at 12:51 am
Excellent article. Quibids is basically a gambling site. You bet 60 cents and the wheel turns. The wheel may stop at your number or it may not. You have better odds at the casino wheel than at this auction site because Quibids can up the price by 1 cents anytime they feel like it before the timer goes to zero to get more 60 cent bets from all the suckers involved in the bids. Since they are the seller and also control the auction, the bidders are the suckers (the ones that lost). So, an iPad that “sold” for $22.63. Quibids got 0.6 x 2,263 from the suckers plus $22.63 from the “winner”. Quibid made more than $1,300 on a $400 item. More than $900 profit. Who are the suckers? The bidders and Quibid is laughing all the way to the bank. Quibids should be forced to have a gambling site disclaimer for that is what this is. Think about it.
May 28th, 2011 at 6:47 pm
Just joined today after convincing my wife to let me and only to spend $20…then found out there is a minimum $60 package required for 100 bids. That sucked. Obviously the site is genius and they are making tons of money but so far, I am up. I am not going after the macbook or the nice golf clubs or televisions, at least not yet. I am only bidding on things that are gift cards or extra bids, I did win some golf balls that had 30 extra bids. Point being yes the site makes tons of money but unless you are a complete idiot and don’t have a plan, you can do well. I have gone after four items and won three of them. I have won two $15 gift cards, each with an extra 20 bids and one pack of golf balls with 30 extra bids. Total value slightly exceeds the initial $60 deposit and I have more bids then I started with.
Now the buy it now feature is okay if you already plan to buy the item but you will find quibids is charging about 20 percent more than the item retails for on amazon. So you are gambling to get it at a great price (probably 80 percent off) or you may pay 20 percent more, I think it is a good gamble.
May 28th, 2011 at 4:17 pm
Who’s to say Quibids itself isn’t raising the bid $0.01 every single time someone else bids? That way they collect your money for bidding and never actually send out the merchandise. Is this any different than real-money gambling (recent past) in on-line poker sites where you might be one person at the table and the other four are on a conference call sharing exactly what cards they’re holding?
May 27th, 2011 at 7:25 pm
It is definitely a scam. They are just cheating you on the price you’re actually paying the same price
May 27th, 2011 at 3:40 pm
I actually saw a commercial on television about QuiBids about a half hour ago. It was the first I had heard of the auction site. Therefore, since it sounded WAY too good to be true, I had to research and see the reviews people were giving it. The testimonials I am reading on here is nothing less than frightening! There are mixed reviews because yes, certainly a few people got lucky. But I live in Nevada, and a certain few also get lucky with a Royal Flush. That you have to pay for each bid you make is absolutely insane. Any legitimate auction only charges you when you actually win the item you’re bidding on. I understand that a company has overhead and needs to make a profit. eBay does just fine without ripping people off. God love you if you get lucky, but it sounds as though (just like with a slot machine) 9 times out of 10, you’re going to pay out the nose for nothing. If you choose to go on QuiBids, then you are not only taking a huge financial risk, but you may as well flush your $$ down the toilet. You’d be safer walking through the ghetto at midnight with $1000 on you. Honestly, it sounds to me like this site should be shut down, and everyone who got into bidding wars and won nothing should be refunded.
May 27th, 2011 at 3:03 pm
It is really misleading to say the item “sold” for over $1000.00 — it sold for the $22+ the number of bids at %0.60 that the winning bidder made — so if you bid 6 times you add $3.60 to the price. While quibids made the larger number, they made it by dozens of people other than the winner bidding on the item at $0.60 per bid. To hold all those other bidders who lost in the mix is like saying that the person who won a lottery has a winning ticket that cost the aggregated sum of every player’s dollar. NOT so! The winner bought the ticket for $1 x the number of tickets he bought, so it could have been the single dollar or any number, depending on how many times he bought — or in quibids terms, how many times he “bid”. Quibids is NOT e-bay (which is great), but it can be a terrific way for a smart, disciplined bidder to get some great stuff. I have purchased only one bid package, won many auctions, and replenished my bid amounts by occasionally bidding and winning items which have bonus bids (usually 25 extra) attached to the main item. It requires discipline — not easy because most people forget that each bid is costing them and get caught up in the possibilities — but that does not make quibids a scam — just a business that gets how people get carried away by their own desire to get something for nothing
May 27th, 2011 at 5:24 am
Based on my experience (on a high $ item), the bidding process is fraudulent, which you can deduce for yourself by simply watching an item (high dollar) being bid on.
May 26th, 2011 at 3:14 pm
The site works if you know how to work. Only an idiot would gets into bidding wars. Just sit back watch and be strategic. I won a Flip camcorder for 7.98…that’s bids and shipping combined. You just have to be intelligent in what you are doing.
May 26th, 2011 at 2:12 pm
One of the initial problems with Quibids is a lack of clarity on the upfront $60 fee – which is immediately debited from your account. The online setup is a scam for immediate funds received by Quibids regardless of service rendered. STAY AWAY!!! RIPOFF!
May 26th, 2011 at 10:41 am
Quibids is a scam that I have paid a lot of money to. You bid a point each time you bid. Thats a dollar for each cent bid. Your better off going to ebay then spending Hrs watching and biding only to waste your time and a great deal of money. To me they are both important. It’s a scam
May 25th, 2011 at 6:29 pm
Let’s try again. Five stars for this website exposing the scam and one star – in fact zero stars for Quibids. Thanks for the heads up. I thought it was too good to be true. Such dishonesty out there -like “well it’s in the fine print”.
May 25th, 2011 at 5:48 pm
I have to admit that I haven’t read ALL of these comments so if I am repeating what someone else has said … Sorry. I just joined Quibids and I was pretty skeptical going in. After spending awhile trying to figure out how things work I have come to the conclusion that it is a GREAT deal for QuiBids but also it can be a good deal for the bidders.
My main hesitation was the initial $60 and having to pay 60 cents for each 1 cent bid. The reason I say that it can be a good deal for the bidder is because of my experience. Many of the items also include a bonus block of bids. (I’ll concentrate on gift cards because that is all I have bid on and won so far) For instance, I made 3 bids and won a $15 Walmart gift card plus 20 more bids. This deal cost me $2.50 including shipping and handling. So I got a $15 Walmart Gift card for $2.50 and wound up with 17 more bids than I started with. That’s a deal that I would make all day long.
Also, I believe that I read on the Quibids site that they say that they will buy back unused bids that you have bought if you decide you are not happy with the process. (I haven’t verified this because I haven’t seen any reason to leave.) All this might not apply to buying expensive items but if you understand how things work, it is actually a pretty good deal.
May 25th, 2011 at 9:17 am
First of all I’m don’t know if I’m rating this site and the information of the site it exposing. I wish I’d have read this before I went to quibids and got scammed. This information would sure have been helpful, I wouldn’t have even wasted my time. If they are even a little big legit right now it’s only because they choose to be. They have complete control over the entire process. As this company gets bigger it will become way harder to win anything from them…or they’ll actually have so much money they can allow more to actually win. They win either way. Stick to ebay, I’d like to see this company go down the tubes.
May 25th, 2011 at 8:17 am
I think it’s funny how the people who endorse the site talk and talk and talk. They’re mostly planted by Quibids or some other penny auction. I said MOSTLY – for you jackass geeks who want to be offended right away. $.60 for a $.01 bid? I won a gift card? Get a life. Seriously.
May 24th, 2011 at 10:28 pm
you HAVE to purchase bids, to bid. Big whoop-RIP OFF. I bought bids, & quickly ran out. So got more…ok I paid 2 cents for a $66 necklace, that actually cost me $120.00. Thats not a win. I got scammed.
May 24th, 2011 at 10:16 am
I joined the site 4 days ago. My first day I profited by spending 72.00 and making 95.00 in gift cards. I have already starting receiving the cards so I know that part is not a scam. You have to be careful, last night i went down because I got into bidding wars with people who obviously care more about winning then profiting. However I still was able to purchase my losses at full price and was awarded with the additional bids. All in all due to last nights blunder I have spent 200.00 and received 155.00 in gift cards and still have 34 bid left for a total 20.40 so I am down 29.60 and received 4 nights of complete fun instead of watching the TV. Quibids is like any other auction, patience, smarts and little luck and you will come out ahead. Become an ego maniac and you will lose your shirt
May 23rd, 2011 at 2:26 pm
Reply to: The Psychonaut
My understanding is that anytime someone places a bid it ups the seconds on the bid counter. “Kind of like traditional auctioneers” according to the website explanations. Which in itself is a crock. I almost signed up for this deal and then thought better of it. Boy am I glad I did! The only people who could afford to shop on this sight are extremely rich people and they would probably not waste their time. Either that or drug dealers!
May 23rd, 2011 at 1:00 pm
I have been looking for an affordable PC to replace my old one. I came across an e-ad for Quibids, read the entire website, and purchased over $100 of bids. I found what looked like the right laptop and began bidding. The “promo” for it indicated that one had just sold for just over $100. Well, the bidding went on and on and on…. til even after I bought more “bids” I still ran out of bids… when I complained to QB they said I should have read the fine print- but when I told them that I did, and it was misleading, they said “tuff s**t” (well, not in so many words, but the meaning was clear). So then I filed on ripoffreports.com and within 24 hours, they had replied with the same old B.S. My next step is to file a consumer complaint with the Attorney General’s office in their state. Wish me luck. OH and I still haven’t found an affordable replacement computer.
May 21st, 2011 at 10:38 pm
If you’re not an idiot, like apparently all these commenters are, you can use a small amount of bids at strategic times and win a lot of cheap stuff. I’ve had the membership for 5 days and I have spent $8 and made $248.42!!! You can’t be a straight-up bonehead!! If you actually compare prices and watch the items you want before using bids on them you can outbid other morons like these guys!! If you get to read this take it seriously. I’m not the quibids CEO.
May 21st, 2011 at 5:54 pm
my brother’s girlfriend tried before the quibids.but it’s a BIG SCAM THAT WEBSITE she didn’t get the money back.she didn’t get what she order before that’s wasting your money..she dind’t get the money back ..was $60
May 19th, 2011 at 10:09 pm
Just finished my last bid. What a crock of S***! Was bidding on a product that I have seen reposted 3 times today with no bidders each time. Finally on the 4th time i figure what the hell, no one wants it, but i thought it was neat, especially if I can get it for .01 and 1 bid. So I place my bid, BOOM 13 bidders immediately, 4 on BID-O-Matic.
I leave and go to another auction for some vouchers (another scam they like to run). I actually watch 2 users (probably bots waste about 30 bids each on a 25 bid voucher). I don’t get it. I finally got frustrated enough to say I’m closing my account anyway, let’s see what I can uncover on the way out. I had 180 bids left at this point and enter an auction for a 100 bid voucher. 80 bids in, i’m still fighting with the same people, price is up to 7.40. Quibids is making $444 dollars off of a voucher only worth $60 (not worth dogshit in my eyes), never the less, I want to see how far it will go. I ended up using all 180 bids on the same “people” and when I was out of bids, a new “person” showed up and took the prize. How convienient that the “people” i was bidding against didn’t bid against him. HMMMM
May 18th, 2011 at 11:14 pm
What a rip off….Never doing business there again
May 17th, 2011 at 4:27 pm
The biggest SCAM on the internet.
They have their own bidders to bump the price up and make you loose more bids. (no one registers “” Sales85 “” as user name.)
They tell you each bid cost 1c but each 1c cost you 60c to buy
You only allowed to win 3 auctions per 24 hours.
You can easily win cheap crap like 15 bids or $10 home depot gift card but you try to bid on a 52″ flat screen.
SCAM SCAM SCAM
May 17th, 2011 at 2:50 pm
SCAM. I was suspicious of this website from the first time I logged on to the time I deactivated my account an hour later. It sucks when your money goes NOWHERE. I’m sure someone wins here and there, and they definitely blog and brag about it, but as for the majority: beware. I want my money back and I hope others stay far away from this bs.
May 17th, 2011 at 12:16 am
I had THE WORST experience with Quibids. This site NOT like ebay at all. ebay is a legitimate site where there are 3 parties involved: the buyer, the seller, and the administrator (ebay.) Quibids is the buyer and the administrator.
My husband and I had this amazing idea to supplement our single-income home. We would bid on Quibids on items that had a great resale value and resell them on craigslist, ebay, and amazon.com. Boy-oh-boy were we in for a surprise…
We did EVERYTHING right…we did research on youtube, we subscribed to quibidsreport.com (also a scam), quibidstips, and also downloaded a bidding system called bidfellows. We did our research and did a smart bid on a Canon DSLR. We went into it knowing if we went bust, we’d just do the buy it now price and break even by auctioning it off on ebay.
Over 1200 some odd bids and nearly a cool $1,000 later…we lost to what we believe was a bot. We noticed that the system kept locking up even though we kept refreshing the page. We were upset to say the very least because there were multiple times the timer indicated we ought to have won and the systems mysterious lock-ups…and to add to our frustration…Quibids only allows you to do the Buy It Now feature for TWO HOURS after the auction is over. Since the auction ended at 3am…and I couldn’t get funds transferred…we have NOTHING to show for it. My husband and I had to learn our lesson the hard way. We’ve never been gamblers. This site is a true gambling site. This is not a fair auction. By definition, an auction allows many to bid and only the buyer should have to pay for the item. Please do not make the mistake we did. Quibids is like a casino…the house ALWAYS wins…
May 16th, 2011 at 11:43 pm
I am a nice lawyer, and Quibids is clearly a scam. Sotheby’s and Christie’s make about 5% as a transaction fee, yet Quibids can make about 1000% per transaction, and sometimes much more. I just watched hundreds of bids placed on a single basic good, raising the price to $26 over the course of two hours, with each bid costing the bidder $0.60 each. A second grade C+ math student can tell you that a $0.01 increase in bid price should not cost $0.60 per bid. Unless, of course, it is a scam.
Enjoy it while you can, Quibids. If the FTC doesn’t get you, the Attorneys General will.
May 16th, 2011 at 10:27 pm
Well I have had 3 major errors in the past 48 hours where I have been “hawking” a few big ticket items and in for the long haul where I click the BidOMatic “Activate’ button only to receive the message “There was an error processing your request” and the auction ends immediately. How unfair is that? So it’s not like the auction continues and I just didn’t get to bid that turn. I just LOSE. 12 hours wasted. over $100 down the drain. My suspicion is that I wasn’t bidding actively enough and I lost to a bot. I DEFINITELY think they exist. I have seen one user in 4-5 voucher auctions at one time and I’m just not sure how that is possible considering he/she/it was Single bidding. I have had success with items under $200, and I just won an auction over $1000, but now my account is “under review” and who knows if we’ll get our big item. can’t say it’s a scam, but can’t say it’s completely honest either. to be continued . . .
May 12th, 2011 at 5:21 pm
You have to know what you want out of it. I’ve won gift cards and merchandise on Quibids.com. I don’t bid on the high dollar stuff unless I am willing to pay close to retail. I got real lucky before this Christmas, though, and won a PSPgo for $1.20. With shipping and tax, I paid about $9.00 total. At that time, the retail price was $249.00. If you don’t like to take chances, then don’t participate. Auction sites like this one are only for people who are prepared to take reasonable risks and keep expectations low.
May 12th, 2011 at 2:45 pm
Quibids is a giant scam. They charged me without knowledge when I thought I was signing in with a promo code for a free trial. After multiple attempts at dealing with customer service, I have had to file a fraud claim with my credit card company. Do not ever use this website. IT IS A SCAM.
May 12th, 2011 at 12:16 pm
Interesting stuff…. I have been watching bidders across an entire auction this morning. For a $100 gift card to Walmart I saw the bidder bid 247 times! Thats $148.20 dollars in votes???? Do voucher bids count towards purchases, because if they do I think this may be evidence of scamming at work. Can someone confirm if voucher bids go towards a purchase price?
May 11th, 2011 at 11:28 am
Please Avoid!!! or it will cost you. Your chance of winning is slim to none. I learned it the costly way.
May 11th, 2011 at 10:10 am
I was halfway through signing up. That’s when I started researching & found this. So glad I didn’t submit my credit card info. No way I’m taking part in this.
I went to exit out of the sign up process and a javascript popup came on asking me to confirm I’m leaving the page. WHAT WEBSITE USES THAT TACTIC ANYMORE??? It looked like a late 90′s site move. LOL. I’m out!
May 10th, 2011 at 5:19 am
Ok. So I’ve been reading through all these comments, and not one has answered my question: Firstly, I’m not concerned with qualms about the $60 start up cost. What I’m curious about is the bidding process.
So let me get this straight…there’s an item up for bidding. It has a certain time limit before the last bidder wins. Each bid increases the overall price of the item by $0.01 (which is the equivalency of $0.60, if using “real” bids).
Great. So why would you EVER use more than one bid per item? Correct me if I’m wrong, but if the last bidder wins…why not wait till the time limit hits 1 second, then click “bid”? So theoretically, you are the last bidder. So other people bid that particular item up to say, $13.09. Great. With one second left, after you have been watching it, click “bid” and win.
Or is there something that disallows you to do that? Since I’m not a member, I have never actually done any of this…but that’s been my question about the way it works. Someone PLEASE correct me, teach me, explain to me, etc. WHY this would not be a feasible solution to everyone’s bidding woes? Or IS this what “good” bidders do? Seems like the only prudent option to me. The Psychonaut
May 9th, 2011 at 11:28 pm
It’s not a scam but you have to know what you’re doing…it’s actually gambling auction, it’s not like ebay at all. I won’t reveal my secrets, why, I’m trying to win, I’m actually making money from Quibids, buy things really cheap and sell them on ebay or to people I know…if you are smart, know what to do, how to bid, when to bid, you can win…but I do have to say that Quibids is taking advantage of so many people who don’t know how to bid or don’t know what they’re doing…too many suckers out there…
May 9th, 2011 at 10:20 pm
quibid is a scam. I won a diamond necklace and when i got the item it was some Chinese crap which is not even worth 5 dollars. It wasn’t diamond and it was too small from the picture(you’ll need magnifying glass to see it lol).
May 9th, 2011 at 5:35 pm
Quibids is not a scam, for the most part. I don’t know whether or not they use bots or shills to drive up the price of their items…my guess is, that at this point of the company’s maturity – no…because they make so…much…money on most of the items they sell. In the early stages of many penny auction sites, you ARE bidding against bots, because they don’t have enough customers to avoid losing 98% of every auction (think about it). But now….it’s NOTHING for Quibids to have an average $25 gift card sell for $0.80. That sounds about right. Why? Because Quibids still collects 60 cents per bid at 80 bids or $48. That’s probably break even for the cost of the gift certificate, the costs of running the site, and the back end administrative costs (salaries and stuff).
They have way too much to lose at this point than gain if they worry that a $500 ipad sells for $3.40 (which to them, remember, is still $204). They WANT that to happen every now and then ’cause here comes more bidders for the next one (which will promptly sell for $61.58 — and if you do the math, Quibids makes $3,000+ for selling one ipad in that case). If they average making $100 per item and 150 items per day….it’s a $6M business that can run out of a garage. I’m just upset I’m not first to market.
In one week on Quibids, I won a major electronics item (I don’t want to name it cause i want another one) for $11.30. Retails for $170. I need two of them, and I would be paying $170 for it retail…but this is what drew me in…i didn’t care if i bid all the way to retail (and that’s the case for me on anything i bid on (beware…some of us will stay in the whole way). It cost me $50 in bids too. So i got it for $62 + $8 shipping. $100 off retail. And I’m thrilled.
Just bought a house, so i’ll be spending tons of $$ in home depot. Been trying to win big GCs…not been doing so well…have ended up buying them using the buy it option $300 worth…Oh well….but i’ll be spending that in the first month at HD, so i tried.
Now I’ve won a $15 GC for $0.13. Another $15GC for $23. And a $10 + 10 free bids for $0.09. After the $1.99 shipping charges (or $1)….I got $40 worth of gift cards and 10 free bids for $18?
In all, it’s what i expected. Addicting as a motha u know what. Are you gonna snipe 1 bid high ticket wins…ever? No. Do I suggest you throw 3 or 4 bids in at 10 different items only to get outplayed on all of em and lose $50 easily? No.
Understand what you’re getting into…and if it’s not for you or you lose cause you expected something else….don’t do it.
May 9th, 2011 at 5:30 pm
This auction site is a rip off. You’re gambling that you even have the CHANCE to buy something. Don’t waste your time or your $. By the time you “win” er…buy something, it’s not worth it. You’ve paid for bids, you pay a ridiculous amount for shipping for an emailed “gift card”. I won a Lowes gift card that they charged me my bids, they amount of the auction (around $5) and $3 for “shipping” me an email with a gift card link to print out!
Stick with eBay. At least you know what you’re paying there. This one seems to purposefully make it difficult for first time users to fully understand. Even those that use it, probably are having to do the math in their heads to figure out how many bids are worth X dollars they are willing to put at risk. It’s like gambling. You PAY to play. I’m sure there are other idiots like me who thought that maybe this was a reasonable way to buy a few things at a reduced price, but it’s a complete RIPOFF. It’s completely my fault but, I wish I would have done a bit more research first.
I’m also very skeptical that the “recently sold for” are true auctions. Though, they say they are… Ipad for $2? Yeah right.
May 9th, 2011 at 8:38 am
LOCKED my entire screen up 2 days ago trying to figure out who held the “certificate authorization”. It remains there now, I can not even shut off my computer.
They confirmed that I registered and are wondering why I haven’t bid yet! I can’t do a darn thing on “quibids”!
Yes! A Scam! I AM A SUCKER! but I did contact my bank and plan to dispute it.
May 8th, 2011 at 3:03 am
I like quibids, I signed up about 6 days ago. I bought $60 worth of bids, 100 the entry one and $27 worth of bids 45 and got two video games, killzone 3 and dead space 2, a ps3 controller, and $100 dollar sports authority gift card plus i still have 97 bids left.
SO guess what the shipping on the games and controller were like $6 each, the gift card was like $2, the games and controller i won for under a buck so total like $7. Its not a scam, you have to play smart and only focus on 1 bid at a time thats how I won. So I won a total of like $280 worth of stuff for under $50, that includes bids i used and the win price and shipping.
I wouldn’t bid on the macbooks or tvs unless I was willing to almost pay retail you might get lucky and get it for less. Also so what if the company makes more money than the cost of the item? You take the risk bidding on it you gotta be willing to take the risk to win big. Yea I lost a few but still came out on top. Learn to play or dont play at all. I hate people who cry cause they dont win and have to call it a scam.
Im going for the oakley oil rig sunglasses and the oakley surf pack next and ill get it under retail.
May 7th, 2011 at 8:48 pm
I too am split about this site and auctions whether or not the company drives up the bid. If you didnt know they were gonna charge you 60$ for the 100 bids you are mentally challenged. You can not cry scam or call shenanigans on something that is quite clear. If you are hesitant on something the smartest thing to do is find more info about it before typing in your crdit card info on something. DUH.
May 6th, 2011 at 9:45 am
Quibids sucks. You pay $60 for the privilege of bidding on auctions you can never win to pay more for an object you don’t really need.
May 6th, 2011 at 12:57 am
Scam or not isn’t even the question here. The only risk takers are the bidders who participate in these kinds of auctions. I never used this auction and I never will! If you are asking why, do simply the math for yourself and you figure out very quickly, that only Quibids.com is the real winner. Ok in detail: One bid cost $0.60 and raises the bidding price by only one cent, right there $0.59 going directly to the auctioneer Quibids.com. Even if you are the “lucky” winner and get a big item sold for $71.00 (on their site) that earned them actually $4331.00 plus overhead on the shipping charges and other fees. Be smart and go to Las Vegas if you really want to waste (gamble) with your hard earned money!
May 5th, 2011 at 11:59 pm
There is some elements of fraud in the biding system. When I just joined, I was wining auctions with as little as 10 bids and a week later, I will spend 50 bids and wont be able to win a $10 gift card. I think often, I was bidding against quibid’s computer – just making sure I paid back all my wining. I even was in a bidding war with an avatar and we both spend 35 bids each for a 10 bid voucher. I just wanted to see how long it will go. So i recommend you stay away from this site.
May 5th, 2011 at 2:55 pm
I want to thank everyone who left reviews. I was debating joining but I was hesitant because it seemed too good to be true. Now I know there’s no way I’m going to waste $60. Thanks again…
May 4th, 2011 at 7:57 am
It’s an interesting system and here is the reality of it. The buyer can make bank at the same time the company does. It’s not a scam, but if you don’t win the bid at the end, you lose money. I just started and i’m a pretty clever bidder. Yes I paid 60$ for the 100 bids. I did a beginner bid and won a pearl earring set and 20 bids. It was like $6 S+H (that’s where i think they get you lol). Then i bid a few more times and won 25 more bids (timing is key). So I spent whatever the few bids cost and 1$ handling fee (which i thought was BS since there is no handling or anything).
Then i bid a few more times and got a $200 wal-mart gift card. All in 19 minutes… 21:04-21:23 (i’m USNavy). They also gave me two awards. One for winning a big item and one for 2 wins withing 10 minutes. I don’t know what they get me except for putting it on my facebook and i think 3 and 2 extra bids but i cant find out how to get them. So I have to now wait and see if I actually recieve the wal-mart card and if it’s expired when I get it. So here’s the lay-down of what happened. Oh and I got the items for like 7cents 19 cents and 93 cents. The wal mart card was like 3$ with shipping. So essentially I payed roughly $60+$7+$1+$3 for 45 bids, used 10 Total so 35x.6=$21, a $200 wal-mart card, and a pearl earring set for my mom. So assuming I get all of these it will be $71 for $221 and a pearl earring set.
So far I’m very well ahead and can’t really lose out even if I burn all my bids and get nothing. The bids are already paid for. Also I may get 5 for more the awards not sure. I’ll also let everyone know whether or not I actually recieve the items alright. It may be possible to win real good. Also I could’ve ended up using far more bids. Can anyone tell me what the shipping+fees would be for a lap top. Probably very unreasonable. Heres the thing if i payed 97c for the $200 gift card, everyone but me lost money. And the company quibids made only $58.2 So I guess they win and lose on some Items as well.
May 3rd, 2011 at 8:20 am
Can’t be proven but I did some research and it appears there is some evidence that quibids may be bidding on their own products to increase the value. Again not 100% proven but feel there needs to be an investigation into this site. I personally would stay far away. The system is setup so there is no way to prevent this from happening.
May 2nd, 2011 at 8:32 pm
I think that Quibids is great. I have won a great printer, bid cards, jenson docking station for my IPad and several other items. My latest win was a 50 inch 3D TV that sold for 126.32 With my bids the total out of pocket was $275 What a great deal! If you don’t like the gamble then this site is not for you. If you enjoy gambling and want a great deal…you will love it!
May 2nd, 2011 at 4:48 pm
Ok…One question to all these people who feel “scammed” by the charge to register. Why are you registering if you are not planning on spending money to participate in the auctions? IT BOUGHT YOU 100 BIDS! That’s alot of chances to win if you “play your cards” right. It takes strategy but alot of people just blow through their bids all “willi-nilliy” like they don’t cost anything. Remember, it is the last bidder who wins. Wait for the clock to wind down to the last 30 min or so and bid strategically. Some of you I know got on the site ans just started clicking away thinking it would put you ahead. NO! It is the last bidder who wins…not who bids the most. Most of you feel scammed because you were not smart about how you played. You gotta “pimp” this system. Don’t let it “pimp” you! There is a real chance to win these items at great discount if you are smart about it. I have never even played but my aunt has been kicked off the site three separate times, for 28 day periods, now because she wins so frequently. So two Roombas and three Dyson vacuums later, that she one for less than $40.00 each, she continues to play. Yes, factor the cost of your bids used as a part of the cost of the item. That is a no brainer, but if you are smart about your bidding frequency and do not “put all your chips in”, so to speak, in the first hand (poker reference since most of you seem pretty dense)you can win at a price significantly lower than retail and should have some bids left over. Play smart. WIN BIG!
May 2nd, 2011 at 4:36 pm
Quibids is clever in how they sell their product, but it truly is not worth the time or money to go on this “auction” site. You pay for bids and 99.9% of the time you won’t win an auction so you buy more bids and more bids. If you are lucky enough to win an “auction” you’ve already spent way more than you probably wanted and haven’t saved any money. I found out the hard way after buying bids and spending two days bidding and not winning. I swallowed my pride and took the loss and chalked it up to a learning experience as how people can easily be deceived into thinking something is so great. The people posting on here saying they won are probably Quibids representatives. Don’t believe a word of anyone saying they won. It is too good to be true!
May 2nd, 2011 at 10:45 am
First off….It’s not clear up front that they are charging you 60.00 right off…you go to buy the 27.00 pack not realizing they’ve already taken 60.00 from you. This is a scam…big time. It’s equivalent to going to a Carnival and the con games they play to take your money. DO NOT LOSE YOUR MONEY ON THESE CON PEOPLE…..I spent 97.00 for a 50.00 Wal-Mart Card…Thought I did good and got it for 37.00 until I saw they had deducted a total of 97.00 from my bank account.
May 1st, 2011 at 12:10 pm
I looked up several items on QuiBids and on the web. Every item was available for 15% to 55% LESS through standard outlets. I can get a Target Gift Card at Target for $10, no S&H. Quibids wants $16 + $2 S&H for the same item. I can get a laptop through QuiBids for $750, but through Newegg, by the same item number, it was $650, and the shipping was similar. 40″ Toshiba TV was the big one… $2500 on QuiBids, but no specific model. Well, I found an assortment of 40″ Toshiba TVs for $750 to $1500, so no matter which one it was, QuiBids was exceptionally over priced. That means that even if you get things at a discount, it is not as much as you might think. The occasional winners of extreme discounts keeps the people going, sort of like why people gamble or take drugs, no matter how bad these things are.
May 1st, 2011 at 11:17 am
Sure everyone agrees to pay $60 up front to begin with – What they do not divulge is all of the additional junk fees if you win – Each bid cost you 60cents, so you bid 5 times, which is a small number and you win – the item may have just cost you $3.00 however they add in a additional amount for “handling” which is not covered by the initial $60 – I feel lucky in that I was able to close to breaking even and actually only lost $4.50 in the end – The home depot cards I won were worth $75 and it cost me a total of $80 to obtain them – I should have 7 of them, once I get them – This system is just a legal numbers game – Some of the bids being placed could actually come from Quibids in order jack to price up who knows ?
April 29th, 2011 at 5:31 am
I don’t understand all the complaints about people shouting “SCAM!” because they ended up paying $60 upon signing up. It’s not like Quibids sent some guy in a ninja suit over to your house to pick-pocket you while you’re sitting at your computer. You gave Quibids your credit card info. If you didn’t want to pay anything, why would you input any of your financial information.
As far as bots are concerned: Sure, it’s easy to think that they may use automatic bidding scripts. It seems perfectly reasonable since it’d be so easy for them to do this and drive the price of an auction up. But, to go around shouting that they conduct business this way is pure speculation. You and I have no idea if this is done… no proof.
I think those that feel scammed didn’t really understand what they were getting into. Whether that’s the fault of the website or the fault of the user, I don’t know. Personally, I think the website does a satisfactory job of explaining how things work. You must realize that if you think you’re going to get an item for a very steep discount, you’re gambling. If you lose, you don’t start yelling “SCAM”. If you lost in Vegas would you report the casino to the BBB?
Best way to use Quibids, if you don’t want to gamble your money away, is to only bid on items that you’re already willing to pay full price for. So, you may end up getting a nice discount, which is great. But, if you don’t, no loss, you can just use the “Buy it now” option.
April 28th, 2011 at 6:39 pm
It’s really quite brilliant. They are taking advantage of a psychological phenomenon called “loss aversion” – a tendency to strongly prefer avoiding losses to acquiring gains. I had a professor who demonstrated it by having the class bid on a $20 bill in $1 increments. The twist is that the top 2 bidders have to pay, but only the winner gets the $20. By the time the bidding got to $16, only 2 bidders remained, but they kept bidding against each other to avoid the loss. In my class the $20 bill sold for $98 and the professor made $195 total.
P.T. Barnum was right!
April 28th, 2011 at 5:58 pm
Quibids.com is a company that should be seriously investigated. There is so much double talk and misleading information in the fine print of their site it would leave a seasoned attorney confused. First of all they want you to purchase “Bids” at $.60 a piece then they classify them as either “Voucher” or “Real Bids”. The problem is you do not get a choice on which ones you are using. Consumer beware of this “Too good to be true” website. I assure you it is not what it seems. They claim on their website “If you don’t win the auction, you never have to go away empty handed. Any time after you’ve placed your first bid in an auction, you can choose to buy the product for a discount using the Buy Now feature. This will help limit your losses so you don’t have to leave all your bids on the table”. This could not be farther from the truth. As mentioned above you don’t get a choice on how your bids are classified. So when it comes time to purchase the item you did not win, guess what? Those vouchers do not apply to this purchase. Please do yourself a favor and stay very clear from this site or you and your money will be separating quickly. I do not see how the practices of this company are not considered outright criminal.
J
April 26th, 2011 at 1:16 pm
I tried Quibids out today. What do you mean its a scam?!?! I made my $60 initial payment. I got 100 bids. My first item won was a $200 gift card from Wal-Mart final bid was $13.00 and some change (I could’ve chosen Lowes, Target, Bass Pro Shops or Home Depot). Ok, then I had some more bids left. I then picked up 2 more Wal-Mart gift cards for $15 each and won each of them for 3 cents!!! Plus each of those $15 gift cards came with 25 bids. So I won 50 more bids! My total earnings in one day was $230 minus my $60 investment…I won $170. I am very pleased with this site and will continue to bid on this site until I feel ripped off. By the way…I have been ripped off more on Ebay by horrible sellers than Quibids so far.
April 25th, 2011 at 3:40 pm
I joined this website to try it out. It had said for free, but requires you to put in your credit card information and then charges you $60. I was not pleased with this initially. Although, I decided to give the website a shot.
Here is the thing, you can indeed make good purchases using penny auction websites like this one. But in order to do so you need to know a few things, you need to know and understand how the website works, you need to know your own gambling limits, and perhaps most importantly you need to be patient. In other words, pick your bids carefully and you will do well. I spent about a week watching auctions before participating.
I started with 100 bids ($60); I have won, 3 25 bid packs (total of $3.60 counting the three 1 dollar processing fees), 2 $200 walmart gifts cards (for $3.56 and $4.68 counting shipping), and two $10 AMC gift cards+10 bids for 1 penny each (2.01 each shipping and handling).
I have spent a total of under $80 for over $400 worth of gift cards. If you are patient and smart you can easily succeed on these websites by capitalizing on people that d not know what they are doing. Mind you, the people who know what they are doing are the minority.
April 24th, 2011 at 11:57 pm
QUIBIDS is a scam. To win somethings you will pay more then its price by the other auctions. Second you will never win over 50$ because they have own groups who will not let you win any auction and they use different names in the same big auction to let you think that somebody comes and wins. You will not have any chance to win, if you do not believe that you will lose your money, their policy is to suck all the money from all the participating members.
April 23rd, 2011 at 5:26 pm
The only people who complain about penny auction sites are those who are TOO STUPID to figure them out.”I had to pay for bids”, no kidding, that’s one way they make money. “It sold for $26.50 and they made $1200 on it in reality”, again, that’s how they make money. The buyer still paid $26.50 + bids & s/h.
April 22nd, 2011 at 8:44 pm
I signed up for Quibids not realizing I was paying $60 to register and was pretty pissed. However, I ended up winning an 64GB Ipad for $8 and change out. I also won a $50 gift card for AMC + 25 bids for $1 something. So, for the $60 I was scammed out of, I ended up getting an Ipad for a total of about $25 (13 bids x .60 + $15 or so in s/h) and a $50 AMC gift card for about $4. In reality, I spent around $80-90, but I won a $500 Ipad and $50 in AMC credit. I am pretty happy with that.
Some of you have figured out the scam. The $50 gift card took more than 100 bids at .60 each to win from various people. That means the site made $10-12 on the bid. If you look at some of the apple computer auctions, they are making a fortune. I’ve seen them get up over $100, but you’re looking at 10,000 bids x .60 each! That’s 6,000K for a $1,000 – $2,000 computer!
FIGURE IT OUT YET? It’s not a scam. They’re making a ton on the auctions buy spreading the cost of the items to ALL of the bidders!
April 21st, 2011 at 6:58 pm
I signed up for Quibids not realizing I was paying $60 to register and was pretty pissed. However, I ended up winning an 64GB Ipad for $8 and change out. I also won a $50 gift card for AMC + 25 bids for $1 something. So, for the $60 I was scammed out of, I ended up getting an Ipad for a total of about $25 (13 bids x .60 + $15 or so in s/h) and a $50 AMC gift card for about $4. In reality, I spent around $80-90, but I won a $500 Ipad and $50 in AMC credit. I am pretty happy with that.
Some of you have figured out the scam. The $50 gift card took more than 100 bids at .60 each to win from various people. That means the site made $10-12 on the bid. If you look at some of the apple computer auctions, they are making a fortune. I’ve seen them get up over $100, but you’re looking at 10,000 bids x .60 each! That’s 6,000K for a $1,000 – $2,000 computer!
FIGURE IT OUT YET? It’s not a scam. They’re making a ton on the auctions buy spreading the cost of the items to ALL of the bidders!
April 21st, 2011 at 5:28 pm
Alright everything is said and done I got my TV it was brand new in the box and works fine. 26 dollars total. So for everybody that says its a scam…
April 20th, 2011 at 4:42 pm
WHAT A SCAM. It was not clear that by signing up, you were automatically charged $60.00. Yes, I have learned an expensive lesson. UGH.
April 18th, 2011 at 12:21 pm
If it’s too good to be true, then it probably is…
April 17th, 2011 at 9:02 pm
If it sounds too good to be true, it IS too good to be true.
No company can just give away products for less than they cost to make or obtain, especially a third-party seller or retailer.
If you lose your money thinking you can get something for nothing, then you just bought a hard lesson.
April 17th, 2011 at 3:12 pm
This is a SCAM SCAM SCAM SCAM SCAM SCAM SCAM SCAM
I watched the bidding on an apple computer for over an hour and a half, what happens is the timers start over and over but the screen freezes or the item moves. What would happen was the item disappeared. Then I tried bidding on 3 seperate gift cards. After awhile when I would hit the key to bid the item would say sorry bidding has ended on this item. This happened 3 times.
I also watched 2 $200 gift cards during the same hour and half above those also just disappeared at various times. Yea they get you in by letting you win your first three items but then you can’t win from there. I spent hours total watching this sight. So just like gambling be prepared to come away with NOTHING!!!!!!
FRAUD ALERT FRAUD ALERT FRAUD ALERT
April 17th, 2011 at 12:34 pm
I would like some one to explain to me why the rules don’t apply to all? If you get a chance go to Bids Vouchers and jump from one auction to another you will see the same bidders actually bidding in more than one auction at the exact time. Look at the names in the recent bid box then switch as fast as you can to another auction and you will see the same thing, different items. Now go back. They are still bidding and contentiously bid on more than one idem at a time? There are only so many avatars so you can’t go by that you need to watch the names closely!!! This is our hard earned $ going to the feds, helping who? If I can see this you can’t tell me they can’t !!!!
April 15th, 2011 at 5:12 pm
SCAM SCAM SCAM SCAM SCAM. Truthfully: SCAM SCAM SCAM.
Don’t be fooled by reviews bought and paid for by Quibids.
You have to buy bids. You go through those bids quickly as an autobidder bids you up. The auction times out before the
advertised time because the autobidder buys the desired IPAD or other expensive item for 30 dollars or something ridiculous and you are out 30 dollars while it costs quibids nothing to buy their own item. This site should be illegal because of the autobidder but instead the govt allows the public to be bilked. SCAM. DON’T WASTE YOUR MONEY.
April 15th, 2011 at 4:36 pm
Paid the $60 just to see what it was all about. Takes a lot of time and there’s of course no guarantee of winning. It is a gamblers’ kind of site. I would not recommend this site to a friend.
April 15th, 2011 at 11:00 am
Update: I did some research and went ahead and paid for my TV the only transaction on my account was for 26.67. I have received two confirmation emails from quibids. One telling me my order has been processed, and the second telling me the tracking information on my product. So we shall see. I’m keeping my fingers crossed. Everything seems to be in order and this website looks to be on the up&up.
April 14th, 2011 at 5:03 pm
Ok so i just signed up for quibids today. I paid the 60 dollar fee for 100 bids. I was bidding for about ten mins. I won a 55″ led tv for 1.58. After all was said and done my total price was 26.67. I called the company and asked if there would be any additional charges. The support rep replied no. The only charge I would see on my statement was 26.67. I am still skeptical and a bit nervous if there will be any charges. So im going to move all but 50 dollars from my checking account and see what happens. If anybody out there has actually won an auction from quibids please respond and let me know if I should claim my prize. Thank you.
April 12th, 2011 at 5:13 pm
I’ve spent 60.00 for bids. Won a PS3 and a 25.00 gift card to Chili’s. Total amount won= 325.00. Spent= 86.00. I did ok.
April 9th, 2011 at 1:43 am
Been a member with QuiBids for approx. 2 months now and this is what I’ve learned. There are additional auctions for the newbies which are not available to other members making it easy for them to win. Once the new member has won their first round of limited auctions/28 day period, these auctions disappear. It then becomes much more competitive, time consuming, costly and difficult to win most of the time.
Voucher bids give members an advantage when bidding because they allow the bidder to bid beyond the value of an item (and you’ll find that many are willing to do so – so be prepared to lose!) while those using “real” bids cannot. But, as someone else here pointed out, voucher bids are considered “free” bids even when purchased so you end up paying for something which has no $value.
You can end up in the red even if you win every auction. e.g., You start with 85 “real” bids (value $51.00) and use 30 to “win” a 50 bid voucher auction. Then you bid on a $50.00 gift card using most of those bids and “win” at a final price of $15.01 & $1.99 S&H. Total investment – $68.00. Total winnings – $50.00. Congratulations! You’ve just “won” 2/2 and have only *lost* $17.00!
April 8th, 2011 at 12:32 pm
Also, beware of its “BUY IT NOW” policy as well. I fiercely contested for a iPad and used my 300 odd bids which I brought for $180. I got an email offer to use the “Buy it now” option to pay the remaining balance equaling $499 + 13 dollars shipping.
Since I’ve already spent $180, I ended up buying this for for the total $512 and in the end to find out its not iPad2 and it’s the older iPad1 which is way too cheap in eBay!!!!!
Horrible. I’ve sent two emails now to their customer service and they never got back to me till now. Unbelievable and they boast that they are “BBB” approved. Stay out of this site!!!
April 7th, 2011 at 5:46 pm
I have also seen the same bidder for a few days in a row bid way over the dollar value of a gift card. The bidding is also in the early stages and according to his info he has been a member since 8/2010. Either the guy is a total moron, someone who loves to give money away or a bot used to raise the number of bids. Wonder which it is?
April 6th, 2011 at 6:11 pm
Unfortunate these types of website prey upon those that love to gamble. That is basically what these sites are about. No matter how many people get scammed they always seem to go back.
April 5th, 2011 at 10:42 pm
Also, for all the people complaining about the number of bids and adding up the money in bids – remember this: There are bid vouchers that can be won. People win 25, 50, 100 or more bids in auctions. These “voucher bids” do not count toward the purchase price of an item when you use them. But if people are winning 100 bids in auctions and doing that several times, I’m sure there are people out there with hundreds or even thousands of bids to use – and they did not pay 60 cents for every bid. So if I won a 100 voucher bids in an auction, and knowing those bids do not count toward the purchase price of an item – then I wouldn’t care if I used all 100 to try to win a $15 or $25 gift card. Even though 100 bids is technically worth $60, if they won them in an auction for a couple bucks, they have to use them somewhere. And if they’re not creditable, then it makes sense to use them on something you think you can win.
April 5th, 2011 at 10:35 pm
I bought my ‘starter pack’ recently. I mostly bid on gift cards, mostly for Home Depot. (I need a new lawn mower or tractor this year). I spent a total of 125.36 and I won gift cards that total $105.
Where I made the mistake is in bidding on gift cards that also have bids attached. For example, “$15 Home Depot Gift Card + 20 bids”. 20 bids x .60 = $12. So they add that to the price of the card, and the price of the $15 Gift Card becomes $27 when you go to buy it, of course, using the credits from the bids you spent. The kicker is that the extra 20 bids you just bought are credited as “Voucher bids” and those bids do not count toward the purchase price of an item you want to buy – even though you bought them.
So my strategy is this – bid only on gift cards that DO NOT have extra bids attached. If you win, you get it for the price you win it for. If you lose, you can buy it for the value minus the cost of your bids. For example, if bidding on a $25 card, spend 25 bids = $15, and you would be able to buy the card for $10 + a $2 processing fee if you lose. If you win you get a great deal, if you lose, you buy a $25 card for $27. Not the end of the world.
I won several auctions for $10 and $15 gift cards. I used all my ‘free’ or voucher bids, which I found out were not credited toward the purchase price, trying to win a $200 gift card. Yeah, alot of people were bidding.
But that is my lesson learned, do not bid on items that have extra bids attached – they only drive up the price of your item, and the bids are scored as voucher anyway, so they don’t count toward the purchase price – even though you ‘bought’ them.
I’m not totally unhappy – but I also haven’t actually received my cards yet that I won, or seen any billing statements. I only signed up a few days ago.
April 4th, 2011 at 1:23 pm
Another bad point. Tried to print receipt for Quibid credit card credit of $60 that I protested was charged without my consent. My antivirus caught a bad file, so it didn’t allow my printing of the receipt for my records(I checked AMEX and credit was given, but still……..WTF?)
Everything about this company screams F-R-A-U-D!!!
April 1st, 2011 at 8:27 am
WARNING — QuiBids seems to be doing the same thing that wavee.com did…. I got taken by wavee.com and the customer service of QuiBids seems to be on the same mind set… they false advertise 10 free bids if you sign up… when backing out of the website but then … tell you that you MUST purchase a package once you have already signed up and ask them where the bids are….
BUYER BE WARE…. I feel that this is going to be another scam in the making… and if this doesn’t get posted I will know I was right.
March 31st, 2011 at 12:55 pm
A couple months ago I joined Quibids, and at first I have to say I felt like I got shammed out of $60 bucks, because I tried bidding on a couple different items and didnt win anything. I pretty much wasted 20 or so bids, and feeling totally taken I logged out and vowed never to return.
A month or so later I was out shopping and comparing prices for an ipod nano at different retail stores to use at the gym and prior to buying one I thought of Quibids. I told myself let me give this one more shot, I had spent $60 dollars already what did I have to lose? So I logged in and watched different auctions, just to get a feel for how everything really works.
Once I felt comfortable I bid on a pair of high quality headphones, and won. I also bid on an ipod nano, and won. After shipping, cost of each bid used on the auction, and auction price I saved a total of $240.
My opinions on the website have completely changed after getting back way more than I initially put in.
My advice: Just be smart, study how the bidding works, and realize that each bid costs you $.60 so try to make each bid count. End all be all its always a gamble but as long as you understand the concept and are willing to take the risk theres a chance that odds will be in your favor.
Good luck!!
March 28th, 2011 at 11:13 am
I love Quibids and it is beacuse of all the losers that I love it. All of you who spend lots of bids and have never won is how I am able to get things cheap.
Think about it, for a TV that goes for $100, there are maybe hundreds ($100 = 10,000 bids) of unhappy losers and only one happy winner. The question is, how do you increase your chances of becoming that one winner?
If it wasn’t for the losers, the site wouldn’t exist and I wouldn’t get great deals!
The only time I see problems with the clock that some of you have reported on is when the internet is slow, like when my son is streaming Netflix. If it is slow I get off the site.
March 24th, 2011 at 5:13 pm
I won a set of Callaway Razr X Tour Irons, depending where you go, between $600-$800 retail. The winning price was $36.79, shipping was $19.99 and I used 54 bids ($32.40) on Quibids. I feel like I made out like a bandit getting those for less $100. Yes they are real, brand new and I did receive them, quite quickly actually. Yeah sure they make a shit ton of money and this being America that is their right. I don’t think they use people or autobots to drive up the bids because they know for those big ticket items (tvs, ipads, etc), they will get tons of people bidding, into the 10000 for some items.
If you are going to try it, here’s some advice…
1) Research the item first. For a couple of days ( I did for 3 days), watch the particular item you are interested in and record how much it sold for.
2) Set your limit of bids. I was prepared to use up to 166 bids, nearly $100 worth.
3) Pray. You might not win and you must be prepared to lose the money you bid. It is gambling, essentially. But with better odds than the lottery, where I’ve lost well over $100 this year and have nothing to show for it.
March 24th, 2011 at 11:42 am
IF quibids DOES actually use bots or employees to outbid you then THAT IS A SCAM. It wouldn’t surprise me one bit if they did and I’m not even sure it would be illegal for them to do so. The fact that many people have stated that they have lost auctions to users who bid way too many times to be even close to worth it makes me think that they must be bots or employees. If that is the case, illegal or not, it’s dishonest and unfortunate.
March 23rd, 2011 at 3:45 pm
I was very skeptical about using QuiBids after reading the reviews but wanted to try it out for myself a few months back and found upon signing up winning was pretty easy. Of course you win some and lose some, however I went in knowing this was a “paying” auction site and found it entertaining and could do it from the comfort of my home. The site is very informative on what to expect and to set your goals realistically and observe before jumping into auctions. They do have the different levels of items which I like and offer a good variety and shipped all the items I won very quickly. I had no issues with any of the items, however one of my friends received a damaged item and stated it took a month to get a return label, so I suppose they could work on their returns just like any co. that is fairly new.
I have listed below the items I won along with the price as a copy & paste from my QuiBids account to show you can win, however they don’t post on this page how many bids it took for me to win them but they do show you and include it in the total cost when you are bidding which I like. I suspect that items you see where people are bidding tons and possibly more than the item is worth is because they are using voucher bids they won for dirt cheap or like others said they are morons or super competitive where they get off on the “win”.
I recently noticed that I cannot win easily anymore and the site is overly busy. Read an article that they expanded into Europe, so the more people on the less likely to win which has made me not use the site anymore. The odds of winning are like playing the lottery and you are super lucky to win and I’m not willing to go the long haul with my $/bids to win items that I don’t really “need” but for anyone wanting to fun of bidding it can be cheap entertainment just as if you went to a movie and you liked or disliked it. And with QuiBids I had only one issue with the timer clock counting down, I suspect it’s server delay or people’s internet connections.
Overall this co. was not a scam in my opinion. I went in knowing I could lose money and for entertainment purposes and had a $ limit each time and I recommended it to several friends who won items and then got bored. People stating it’s a scam and making reports must not have known exactly what they were purchasing (bids) and of course got upset when they didn’t win. Not everyone can win and you really shouldn’t go into a auction with an expensive product unless you were planning to buy it retail anyways. People are able to watch the auctions before even deciding to purchase bids, so QuiBids was not forcing you to purchase anything. You live ya learn people, you win some ya lose some so don’t be upset when you are not on the winning end every time.
BEWARE of any auction sites that DO NOT allow you to view the auction and it’s bidding before purchasing a bid pack. I signed up for an auction site and had to purchase the bid pack before viewing the auction and found it to be all bot bidders and I could NOT use the bids I used as partial payment for the item. They made me pay full price with no bids used deduction.
$100 Home Depot Gift Card
($100 Home Depot) Date Purchased: 02/11/2011 21:54 $1.45
$100.00
Shipped
$25 Home/Office You Choose It + 25 Bids
($25 Home Depot) Date Purchased: 02/11/2011 06:12 $0.12
$40.00
Credited
$50 AmericanAirlines Gift Card + 15 Bids
($50 AmericanAirlines) Date Purchased: 02/02/2011 07:43 $0.74
$59.00
Credited
$25 Bass Pro Shops Gift Card + 10 Bids
($25 Bass Pro) Date Purchased: 01/31/2011 12:59 $0.13
$31.00
Credited
Tour Edge GeoMax Girls’ Golf Club Set
(Age 9-12 Years Old) Date Purchased: 01/31/2011 08:51 $1.98
$109.99
Shipped
$10 Restaurant You Choose It + 10 Bids
($10 Chilis Group) Date Purchased: 01/20/2011 11:52 $0.17
$16.00
Credited
$10 You Choose It + 10 Bids
($10 AMC) Date Purchased: 01/20/2011 11:38 $0.06
$16.00
Credited
15 Bids Voucher
Date Purchased: 12/28/2010 00:09 $1.16
$9.00
Credited
$25 Bass Pro Shops Gift Card + 10 Bids
($25 Bass Pro) Date Purchased: 12/27/2010 22:07 $0.20
$31.00
Credited
25 Bids Voucher
Date Purchased: 12/27/2010 21:30
March 23rd, 2011 at 3:10 pm
My question is this, why are they able to exist if they are misleading customers with their adversiting, and why is YAHOO even letting them advertise on their site? Oh wait, they have lot of adversiting revenue to blow because everyone is paying hype prices for items they can get on Amazon a lot cheaper.
March 21st, 2011 at 12:32 pm
The problem that I have is that I participated in the auction from when it opened to when it closed. My browser performed correctly the entire time. At the end of the auction the timer went from five seconds to zero seconds. I have given Quibids the opportunity to make good on this and was dismissed by their customer service.
I would encourage anyone who has had an issue to file a claim with the BBB http://www.bbb.org/oklahoma-city/business-reviews/internet-auction-service/quibids-in-oklahoma-city-ok-90016706/complaints
They are currently recieving one complaint a day
March 15th, 2011 at 6:30 pm
I also, like lots of others, fell victim to this scam website. It’s perfectly clear how this works, you first sign in and they let you win something small like a gift card which is pretty popular on this website. I won a 50 dollar iTunes card minutes after making my account! Omg it’s that easy no way right? I won it for $2.69 all day and couldn’t believe how easy and fun it was. Then I went for items like bid vouchers and found out how much bullshit this website is.
I lost bids in an auction where someone won a 25 bid voucher bidding 24 times, and someone bidding and winning a 15 bid voucher bidding 16 times? Either these people are stupid or there’s something else going on. But based on my prior winnings I told my friend, which now I regret, and he had the same exact thing happen to him. He signs in, buys his bids and then clicks on gift cards and BOOM there’s a $25 plus 20 bids sitting there, no bids, yet really never seen that before ever no bids, so yes he won it for $0. 1 time and never again saw the same thing? Weird they get you hooked by making you think it’s sooooo easy but really it’s all a scam.
Here’s another bidding experience to share. I go for smaller ticket items and wanted a $10 +10 bids fleet farm gift card so I wait it out like all these experts say to do it and yes I have done my homework. I read these websites and watch videos more than I think a lot of people do, but anyways I see two people fighting only and I jump in and start bidding but a lot of other people jump in and I wait longer till yet again only 2 people are fighting and I jump in and start bidding, this time I try being aggressive and lose 25 the rest of my bids. This 10 dollar gift card is already up to $2.30 or 230 bids. Wow kinda insane right? I wait and watch who wins. A guy who bid 47 times- idk if he’s an idiot or it’s just bots stealing my bids.
There’s only 2 options and I’m leaning towards the bots side cause I’ve seen so many auctions just get boosted by either a random moron or a more realistic bot. My point nobody would do that in their right mind. He lost money that’s all I need to say. Website is rigged. (typed this on my iPad my be choppy lol)
March 14th, 2011 at 2:38 am
This thing is AWFUL!! I wasted money buying a bid pack before I realized that it is a scam! The company is robbing ppl. I used them because I got tired of Ebay’s High fees! The fact that you CAN NOT sell on the site shows its not a public auction site. I should have thought it out better. Anyways, Quibids has got to go!
March 13th, 2011 at 9:25 pm
Upon the horrible advice of my boyfriend’s coworker, I bought a pack of 100 bids. I won my first bid, another 25 bids, for $.02. Woo! Then I bid on a $25 restaurant gift card and also won for $.02 and a couple bids. Woo! Then NOTHING. I got a $25 gift card for the $60 bucks I spent for the $100 bids. What a crock of crap. Don’t do it. They lead you on by letting you win a couple of small guys at first. It’s not worth it at all.
March 11th, 2011 at 10:21 pm
I guess I got lucky. I came across Quibids today for the first time. Logged on and bid on a $500 set of Callaway golf irons. I won them for $11 plus 3 bids. Based on what I read here, I suspect that was unusual. Not sure I’m going to go back for more. It’s like playing roulette.
March 11th, 2011 at 4:41 pm
I know it’s an old saying, but if something sounds too good to be true (An iPad for $25!!!), it probably is.
In this case, it definitely is. If you try to get something for nothing, that’s what you will end up with – nothing.
March 10th, 2011 at 3:32 pm
Totally bogus .. you will win the first few times .. good luck after that. After your first day, good deals will stop showing up .. if you open the webpage on another laptop, you will see the deals.. if you use that url on the computer you logged on .. wala you will go to their homepage .. the deals mysteriously won’t be available to you ..
March 10th, 2011 at 2:17 pm
I think its a scam, I dont think they are making the money on most of the bids bc they are being made by bots or employees, they are making money from people who bid and don’t win and don’t choose to buy, or suckering people to buy at MSRP in fear of losing all the money they bid
March 7th, 2011 at 11:08 pm
I 100% disagree with BigPicture. Think of it as gambling at a casino. You win some and you lose some. You do not want to spend money on this website, thinking that you will automatically win. Thats just stupid!!!
I won an apple Ipad retailed for $499.99 for $5.56 + $15.99 s&h + 30 bids. If you do the math 30bids * $.60 cents a bid = $18.00 so for a grand total of $39.55, i bought an ipad. Yes the people that lost the auction lost their bids, but isnt that what gambling is all about? You would not try to get a casino shut down just because you lost a bet! think of this site as a virtual casino, not a scam.
March 5th, 2011 at 2:55 am
Saw their ad on TV and got interested. Visited their site and tried watching on a particular item (LG 55″ 1080p 480Hz 3D LED HDTV) at around 9am and the bid was around $28.00. So i thought for a while, if 1 bid = 1 cent increment on the bid, that means $28.00 = 2,800 bids so far. quibids is now making (2,800 bids x .60) $1,680.00 so far. Fast forward… it’s now 11:30 PM, and checked my watch list which is the LG 55″ LED TV and now, the current bid is $190.00 which means there are now 19,000 bids, if 1 bid = 60 cents quibids is now making (19,000 bids x .60 cents) = $11,400.00. WOW!!!! what a nice profit for quibids.com!!! and the original price of the LED TV is $2,623.00…and to think, 190.00 is still counting.. when will it end? we don’t know. bidders lose their money to the house… house WINS all the bidders money.. woohoo!!well, this is just my opinion…good thing, i didn’t sign up..
March 4th, 2011 at 8:56 pm
I will start by saying that Quibids is not a scam. However whoever invented it is a hustler of a new kind. I used Quibids for about two days and I actually won some small auctions. When I started trying to win bigger items is when I can really see how this website is designed to suck the money out of the users. I sat down and crunched some numbers. I tried to buy a Playstation 3 but had no luck. I figured that on average this website ends up selling them for at the end of an auction for about $35(remember I’m averaging a price) that means that 3,500 bids were cast (because each bid raises the price $.01). You multiply 3500 by $.60(because the amount of money per bid is $.60) and this company is getting paid $2,100 plus the $35 final sale price. My two cents are that yes it is fun bidding and trying to win but this website is not designed to give its consumers low prices when they are making $2,000 on a PS3 I can go buy in stores for $300 plus tax.
March 4th, 2011 at 8:51 pm
Quibids is a total scam. Don’t be fooled by anyone coming on here claiming it’s legit. I got involved briefly, until it hit me. I sent emails to them on more than a dozen occasions, and received zero response. There is no guarantee that you are not bidding against shill bidders. Given the ludicrous amounts some bidders ‘spend’, it almost has to be so. And when was the last time you won something on an auction site and sent in a picture of yourself with the winning item held lovingly in your arms. The only time you will win on Quibids is when they want you to. I hope the AG will step in soon and shut these guys off. Bums me out to see so many people are being ripped off.
March 4th, 2011 at 6:08 pm
It’s a scam. XBIDS was just shut down. They ripped me off. I filed against them and got my money back after they mysteriously shut down their site for “Maintenance purposes”. I wonder how much money others lost from that “Temp” shutdown that turned out to be a permanent one? They’re just start another site like QBIDS and take suckers for their hard earned money. Goes to show you don’t get something for nothing. They claim to give you something for ALMOST nothing! WOW! Stay away from these sites. Your odds are better at EBAY.
March 4th, 2011 at 9:42 am
This Quidbids site is a total scam. Everytime you use one of your $.60 bids the TIMER resets to 15 or so seconds so that you can’t sniper bid as an auction ends. Not only that, they allow the timer to sit on 1 second left for a long long time…I had seen it sit there for around 20 seconds or so and the auction not end until someone else bid. These people are thieves straight up…they prey on the fools who let their eyes become blinded by their greed.
March 2nd, 2011 at 9:34 pm
This company has so much negative feedback, they obviously are not educating their customers on how their program really works. If they were, then people would see it for what it truly is and make an informed choice. And by the way, IF they DO get enough complaints through the BBB, the AG’s will be coming along with the Postal Inspector, local police and FBI to shut them down and put them in receivership to the government.
March 2nd, 2011 at 7:13 pm
Stinks, I spent $60.00 on a packet of bids before i knew what happened. Didn’t use them, no refund, no way to contact them. I was just trying to check out the site.
STAY AWAY
March 1st, 2011 at 5:18 pm
Don’t bother contacting Better Business Bureau. Contact your State Attorney General’s office. If they get enough complaints, they will act. BBB does nothing.
Al
March 1st, 2011 at 12:45 am
There’s nothing inherently wrong with Quibids. The real issue is either one of two things — People that don’t do their research on Quibids, sign up, immediately start bidding and expect it to be like ebay. Then there are those that do understand how Quibids works but have a gambling addiction. So it’s either the ignorant user or the compulsive gambler.
It’s a gambling site, plain and simple. You must understand that before purchasing your bids. If you have some level of self control, it’s a good place to go for a possible deal on something you’re in the market for. The key thing to realize is that you should be prepared to pay full retail price for what you’re bidding on, so if you don’t win you can at least put your bids toward the full price of the item and have something to show for your money. Using quibids for any other reason is purely gambling.
February 28th, 2011 at 1:57 am
all of the long lengthy positive and detailed reviews are clearly reviews from people that work for quibids….
February 26th, 2011 at 10:06 am
today date feb-25-2011 ….bad bad i spent $200 on quibids and won “nothing yes i said nothing” this is a scam … just like everybody said it has to be the computers program to outbid…… quibids claim that stuff or thing goes for 2.50 5.00 or 50.00 or 100.00 for a $1000 dollars value but the soonest you bid it will never end it will go for hundreds more and at the end always an automatic bid wins..this is ridiculous…do not do what i did spend $200 dollars wasted and get nothing please be aware buyers ,”quibids is a scam” ….i did watch for weeks before bidding on anything i did not just bid crazy but still got nothing and lost $200
February 26th, 2011 at 9:37 am
BTW as for the poster below me (Christine) – WALK AWAY
The fact that you already said “I can’t wait to see how my luck fares tomorrow” is the classic signs of a beginning gambling addict.
About 3-4 years ago my mother was visiting and as a joke asked if we could go to the Casino. She had never been to one in all of her 60 years and wanted to see what one looked like inside (my state has gambling hers does not). We went in and her and my stepfather got about $20 worth of quarters to spend. On her third try she won $50. Because the slots don’t cash out until you tell it to, I hit the ‘cash out’ button and told her she was done. The casino wants her to get that quick rush of a big win in hopes she’ll just keep feeding those quarters back into the machine. Fortunately my mother is a smart person, she had a fun story to tell her friends back home and we left the casino overall about $40 ahead in cash – money used to buy us lunch.
She has never been in a casino again; it’s just not her thing.
You are one of the lucky ones – walk away, enjoy your booty before you end up blowing all your savings just so you can get that same rush of winning again.
February 26th, 2011 at 9:31 am
Basically this is a legal online form of gambling that will lure people in with the rush that they might be able to get a big ticket item for pennies on the dollar.
Instead of slot machines you have ‘auctions’ where you are lured into thinking ‘oooh what does it hurt I’m just paying a penny per hit’. Only problem is each penny costs you 60 cents that you have to pre-pay.
The entire site is designed to create that same exact rush that some get when gambling on the slots. There is the lure of getting something for nothing and the tension of just one more try and this time I’ll get lucky. The problem is, like with any addiction, that the need to feel that rush can lead to addiction and like any addiction it can break a person, empty bank accounts and destroy a family. I’ve known gambling addicts and they are no different then someone looking for their next drink or hit of a drug.
I do agree that some people will get luck and win a $25 Ipad or Big screen TV (with the website making three times that amount in the bid process), but their hopes is to lure people and create some serious gambling addicts who keep thinking ‘just one more hit’.
These sites should be classified as gambling sites NOT auction houses.
February 26th, 2011 at 9:31 am
Well, I am natural. My son signed up for Quibids.com; however, i told him not to buy any bids or give out credit card information. My son told me about these penny auction sites. In every penny auction blogs that I have read, it seems like 8/10 blogs are unfavorable. Some people seem very angry that they got involved. But, several blogs on this site warn consumers to do the research before they get into it and some do and some don’t. As my grandfather told me once, a wise man hearth and fool rushes in. Haste makes waste. Not all blogs are valid and true. Some people didn’t take the time to research and investigate first. The thing that amazes me is that the media really promotes these penny auctions thus giving the impression that IT’S A PRETTY GOOD DEAL. I know if I were to have a bad experience like some of you have had with these penny auctions, I would be upset and writing negative blogs etc. But, since the negative blogs seem to be higher than positive blogs, WE ARE GOING TO STAY AWAY FROM PENNY AUCTIONS. I think I’ll just go to the Apple store and pay full price for the ipad. That seems to make more sense so far. One more thing, as a person who had a problem with gambling in the past, this kind of thing seems to be addictive and that is exactly what gambling is an ADDICTION. Let me tell, I have sat on a Deuces Wild Poker machine hitting 4of a kind wild royals, straight flushes, with 500-600 credits at $1.00 a piece in the machine with anticipation that I am going to walk out of the casino hitting 4 deuces before I leave and have walked out minus $200 with 500 credit in the machine. Thanks folks for the good and friendly advice. I am sorry for your bad experience. Good Luck to all of you.
February 26th, 2011 at 12:16 am
Quibids is NOT a scam! Simple math people. This site benefits both the winner and the company. .60 per bid, which you know up front! The company doesn’t make money on everything they sell, (i.e. a $15 gift card that sells for .01) Instead they make up that money on big ticket items that sometimes go for $100. Just tonight, I won an auction for an LG 55′ 1080p 120Hz LED HDTV. I spent 60 bids on that item. 60 x .60 = 36 in bids alone plus the $116 that it sold for, plus 19.99 shipping charges. They’re “motto” is that you will never pay actual price when you win an auction. Of course when you win, they also win. They would be out of business if it was any other way. You have to understand that consumers as a group, make them money. You individually are in control of how much you lose. Penny auctions are a form of gambling. You know what you’re getting into if you do your homework before investing your money into this, which you should do with anything that you’re investing in. Like mom always said, “DO YOUR HOMEWORK!”
February 25th, 2011 at 6:24 pm
I bought the 60.00 bid pack because I had a $20 cash back offer through another site.
I spent $40.00 out of pocket.
I used 7 bids.
I won 4 of the 7 auctions I participated in.
$25 Target Gift Card & 20 voucher bids for .17 + $2 shipping
$25 Staples Card & 15 Voucher bids for .01 + s2 shipping
$15 Walmart Card for .01 + $2 shipping
$10 Home Depot Card & 15 Voucher bids for 01. + $2 shipping
So I paid $48.20 out of pocket.
($40 initial bid purchases + .20 final auction costs + $8 shipping)
I won $75.00 worth of gift certificates.
I won 50 bid credits and earned 12 more with badge achievements, for a value of $37.20.
I couldn’t be happier with Quibids. I left the site with $75 in gift certificates and more bids than I purchased. I’ve already made back my initial investment plus a real world “profit” of $26.80, and I have 155 bids left to play with. Obviously, I’m new at Quibids, so we’ll see how my luck fares tomorrow.
February 23rd, 2011 at 7:13 pm
I personally believe this company needs to be investigated. On at least two auctions, I’ve watched a ‘person’ bid so many $.60 bids alone they could have bought the item twice at retail price. Either they are the dumbest person on the face of the planet, or this is a bot simply running to drive the price up and keep others bidding on the item. The ‘person’ that was doing this had the nick ‘annalovell’. If anyone else notices this, please post…
February 21st, 2011 at 11:21 am
Unlike Ebay where u can bid for free, on this website, u have to pay $.60 per bid. That can easily add up. You will be paying more for the bids than saving on the products. It was $60 just to start when it was advertised that you can sign up for free. This is a scam and false advertising. I will be contacting the BBB and giving it a neg rating because. On top of that if you want to call them, expect to be on hold about one hour and their customer service personnel are that helpful. One of them actually hung up on me when asked to speak to a supervisor. BIDDER BEWARE. When I called back, the supervisors were all in meeting. How convenient.
February 19th, 2011 at 9:41 am
There are some excellent comments on this board that fairly tell you how it is. If you just show up, buy some bids and think you are going to win a plasma TV, you are certainly going to go away unhappy. On the other hand, if you analyze and study, you can see patterns in the bidding that make it possible to win. I have won 16 auctions on items of value from about $40 to about $500. I did the calculation, and including stupidity bidding (those made in haste or without study), I paid about $0.30 on the dollar.
I offer two suggestions beyond doing the prep work: (1) be committed to the auction if you want to win & bid on things you would actually buy. For example, if you were in a store and saw a box of golf balls for $10, would you buy them? Would you pay $30? Full price? If the answer is no to any of those, don’t bid. (2) Track your bid purchases carefully – know what you have to spend and know where you are in the process. Don’t bid more than the Buy It Now price…I cannot believe I have seen people admitting that they do that.
One more thing – check the Buy It Now price in Google before you start AND check the cost of shipping. Some things that do not make sense are high-risk auctions. (Ex. A $30 scale with $15 of shipping cost means it must be won win with very few bids to be of value).
February 17th, 2011 at 3:30 pm
The website (and those similar in idea) isn’t a scam, it is legit. But before you go in you do have to understand exactly what it is: it’s a lottery in disguise.
The best way to think of it is: Imagine a $500 iPad. 200 people each pay $5 for a “ticket”, all their names are put into a hat, and only 1 is drawn and is the winner. The winner gets the Ipad for $5, the website “sells” it for $1000, and 199 people are out $5.
Would you pay $5 for a 1/200 chance of winning an iPad?
That is the best case, sadly iPads often don’t win for as low as $5. Often can go into the $100 range. Would you pay $5 for a 1/200 chance to “win” the option to buy an iPad for $100? Starts to get way less “clear” doesn’t it? Are those good odds?
The fact that it is a lottery (ie. based on random chance) is clouded by the fact that they do use bidding, and have winners. These things are designed to make you think it’s based on your interaction and or skill. But there are enough people on the site that it really comes down to statistic (ie. chance).
All it takes is 2 people interested in an item, to bid back and forth, and keep each other from winning. What you are hoping for is for the other guy to give up before you do. AND that a third person isn’t there to “notice” when the other guy stops, and try his luck. You will ALWAYS be bidding against someone else (otherwise the auction ends the first 10-20secs where a 2nd bidder doesn’t bid). If more then 2 people are bidding, then it’s pointless as if 1 gives up the other will still be there.
What keeps people bidding is the misguided FEAR that if they don’t bid, right that second, the “other guy” will win, and they will have missed out on a great deal. Not to mention the fact that if you have already spent $5-15, you are invested, if you give up that money is lost, but if you keep bidding and eventually win, well then you come out ahead.
The above mentality keeps people bidding way longer then they should.
So ultimately the only “strategy” for people to use is the one listed by several people in this thread: -Find a time when less people are likely to bid (there are enough people with this same idea, to make it not nearly as impactfull) to reduce your odds (say 1/200 to maybe 1/150?) -wait for the item to reach a value you think is near the “top” (ie. if often sell for $20, then its a waste of time to try bidding when they are at 5) and pick a set number of bids and hope you are lucky enough that after you spend your 10-20 bids, the “other guy” will have given up.
So best case, it works out to a lottery, where the best you can hope for is to increase your odds (which are way worse then Casino odds) and then spin the wheel.
But based on the stastistics/probabliity, it makes more financial sense to actually take your $100, put it on the blackjack table at a casino, and spend your winnings on buying that iPad at full price. Seriously.
Some Fun Math just to show you how much ridiculous amounts of money these sites make: at $0.60 per bid, every $1.00 the price goes up, the website makes $60. Even if a silly $20 giftcard to McDonald’s goes for $1 dollar, the site just made $60 selling a $20 giftcard! I watched an iPad being bid around at $25, with no winner in sight. So they had already made $1200 on the iPad auction, an no one had even won it yet!
Even at 1 bid per 10seconds, the auction price only goes up about $1 every 15mins or so. So that is around $240 dollars per hour, per auction, these sites make (per item that is currently being bid on).
A license to print money, a lottery with rather poor odds, and making it seem to people that they have an impact on their success, where under the *best* cases it amounts to a 1 in xxx chance in the lottery.
February 16th, 2011 at 11:44 pm
To me, it was worth it! I won an IPAD for $3.63 with shipping and handling totaling out to about 20 dollars. and I paid 60 dollars for 100 Bids, all and all I spent 80 dollars for a 500 dollar IPAD. Great IPAD, and I am happy!
February 16th, 2011 at 6:50 pm
BAIT and SWITCH!!! I bid on a 3D Plasma TV and received a 2D, I bid on an Oster wine opener and chiller and received a Waring wine opener…. no chiller. Delivery delays and poor tracking information are standard too. Site malfunctions that caused me to loose out after being a couple of different auctions for a while burned me. DON”T DO IT!!! STAY AWAY FROM QUIBIDS!!!! Sucked THOUSANDS of dollars out of me for Christmas presents that did not arrive in time for Christmas.
February 16th, 2011 at 12:18 am
People who thinks this scam works are plain flat greedy, selfish and frankly stupid! Look at the big picture you idiots! You’re not the only one paying $0.60/penny of bid! If everyone is bidding and spending $0.60/penny of bid then it’s pretty much robbery at it’s best! This company just found a way around to legally rob the public. $.60 may not sound a lot but Reviewopedia did the math for you! A $499 I-pad could potentially cost the public collectively over $1,300 even though it may just cost you $22.54 to pay for it. DUHHHHHHHHHHH…people who condone and support this type of business are just as low as the company who robs the public.
February 14th, 2011 at 12:07 pm
I havent lost any money– so far so good.
I signed up last night for $60 for 103 bids and I’m now down to 48 bids…. I’ve “won” a WaterPik flosser (45% value) and a $10 gift card. (I also won 25 bids for a few pennies.)
Depending on the value of the items I find it takes on average: 1-10 bids to win smaller item (under $50), 5-20 bids for mid-range items, and 20 or MORE for larger items. Like people say its about TIMING and accepting your going to lose sometimes. However if your persistent and study the auctions/bids you improve your chances pretty well. I would say if your bidding smart you should save about 50% on the money you spend.
QuiBids works if:
A) your willing to spend money + have the intention of buying items.
C) your patient and don’t impulse buy (half day to full day required).
D) you understand how to improve your odds but learn to let items go.
E) you are not solely trying to win bigger ticketed items. Don’t think your going to win that $1200 plasma bidding for 5 mintures…. instead go for $100 gift cards bidding only 1-5 times. (I’ve seen these sell for 35¢ – $2.00 often!)
Purchased items:
1. WaterPik Floss ($50 value)… cost: 1bid + 1¢ winning bid + $7 s+h = $7.61
2. $10 Home Depot Gift Card… cost: 1bid + 5¢ winning bid + $2 s+h = $2.65
3. 25 bids… cost: 1bid + $1.02
February 12th, 2011 at 3:17 pm
Do not waste your time or money it is setup for you to lose just like the gambling casinos .Very few people but they win all the time no matter what . i found out the hard way lost all my money and their tech support is a joke .No one really cares if you win or loose because they got your money that is what i experienced even in their help they tell you its your fault if you don’t get it it ridiculous .I almost won something and at the end i did not get it because their was something wrong on their end and all they could do for me is say to bad your shit out of luck . NO REFUNDS ALL AUCTIONS FINAL SORRY. AND ON TOP OF IT ALL NO TRACKING NUMBERS AND NO SHIPPING INFO NO RESPONSIBILITY ON THEIR END SO IF YOU DONT GET YOUR ITEM YOU HAVE TO DEAL WITH THE SHIPPER NOT QUIBIDS . So beware anything that sounds like a good deal sometimes is a bad deal. Once you start to bid if you are not committed to buying that if product if you do not win you have to buy it at their bu it now price or loose your money within 2 hours therefore you have to purchase at there inflated price if you compare their buy it now prices to ebay .
February 11th, 2011 at 8:29 pm
wow my husband told me about this site bc a friend of his was was so excited; we both signed on- me winning (3 small like walmart cards with/ without bids added on) in the first hour; My husband wasn’t so lucky but still excited; we tried over the week to figure out better times (3-4PM week days) Sunday 6-7AM to no avail; All we ended up with since signing on Feb 3rd, 2011 were a couple Walmarts and a $200 merchandise since we used the option to buy now since we had lost the majority of the value of the item; we don’t have the money to lose (like anybody else) but we are able to put up the amount to keep from losing it all together; My husband said to close out our accounts but I said no last week; I wasn’t convinced- and having fun trying to figure out the last minute and who was betting against me, and getting closed out at the last minute; I stayed this week as it is sorta fun-like gambling can be; However, I have come to the same conclusions about how the auction is suddenly sold or or or and I needed to purchase more to stay in the game and I also thought with such a big playing field why were there always just me and one or two others (questioning and believing the “bots” theory) Any way it was fun for a week or so of cold winter weather but: hey,my old man is right once again: both accounts are going “inactive” no bids left but I do believe all our gift cards have been rec’d- that’s a good thing; I think we are down about%500. more than I want to admit with bills etc
***DON”T even start this racket thinking it is all about timing!
February 10th, 2011 at 11:15 pm
I agree any Penny auction is a gamble. I myself am gambler so I bought the beginner pack for the $27.00 and I also bought the $45.00 pack and it seemed to work for me. After reading all of the negative comments here I think that most of the people here were unlucky it’s all about timing. I recently won Call of Duty Black Opps Video game for PS3 for $0.67 I won it in 5 bids at $0.60 per bid = $3.00 Plus $4.99 shipping a total of $8.66 for a game that cost $60.00 all day long of course there were other bidders I used the Bid-O-Matic feature and I was willing to invest 25 bids which would have been $15.00 plus $4.99 shipping if it went that far it still would have been a bargain to me. I think penny auctions are not for everybody. The way that quibds makes its money and is able to sell items at a low price is that some one or many have to lose and yes they make an enormous amount of money on people that lose. I’ve won several other items like gift cards and some small appliances ranging from $39.99 to $150.00 some for $0.2 and $0.4 and all for less than 10 bids and I’m still ahead of the game with bids to spare it’s like a slot machine at the casino you got to be there at the right time when It’s ready to pay
February 9th, 2011 at 3:07 pm
Like so many others, I gave Quibids a try. I did my homework, studied the tutorial and watched auctions for about a week. Never won anything more than a couple of small voucher cards. Every time I bid on larger voucher cards and high end merchandise, even if there were only 5 bidding, I NEVER WON! However I started noticing that someone else won as soon as I stopped bidding. Now tell me there isn’t something wrong here! I then began to search out testimonials and have discovered that this seems to be happening very frequently. I’m done!
February 8th, 2011 at 8:24 pm
You WILL win an auction on the first day you sign up – if you bid on an auction that has a value of $20 or less! That’s the hook … after that, it’s bid bid bid – lose, lose, lose. Anyone who says “there is a strategy” is either a lucky bidder or a fool (usually it’s a fool). I watched Quibids patterns for a month after joining. I sat and watched auction after auction (yes, I need to get a life) and there is not a “strategy” of “waiting out the suckers.” Go ahead … try that strategy … and see how many bids you have to burn through to STILL lose. I lost interest in Quibids after I saw MY NAME scrolling by on an auction as someone who just “bid” on an item. Gee, that’s odd … I wasn’t “in” the “bidding area” of that auction!!! Oh, it’s a ripoff alright … but darn if it isn’t a very well run ripoff. They almost make you feel like they are on the up and up AND that you really do have a chance to win an auction for a $2000 item for less than a $100.00 investment!
February 8th, 2011 at 5:16 pm
Sounds like a lot of you didn’t do your homework before you signed on for Quibids. I joined a month ago and have saved hundreds of dollars on items. The key is TIMING! You have to know when to bid, when not to bid, and when to get out. There are certain times of the day that are better for bidding. You know going in that you are gambling with your money, but it is ALL laid out for you in Quibids 101 tutorial. I studied the site for a good three weeks before I even put any money on. The studying paid off as I have done very well on all of my auctions. Once I got hotheaded and tried to outbid everyone else for something I really wanted and ended up losing 20 bids (.$60 x 20 = $12.00) but I chose to “but it now” and got it for retail price. The site is NOT a scam, but rather a gambling site where the rewards can be awesome!
February 8th, 2011 at 2:58 am
YES I HAVE WON, NO I WILL NOT GO ON THERE AGAIN. BEWARE, you have seen it written before, now I am writing it. Yes I have won a few things, but the writing is on the wall. Losing your money for you is what they are all about, JUST LIKE LAS VEGAS the house has the advantage always AND here is the spoiler:
Late at night: Go on there, they sell pure garbage. They auction off mostly bid packages and gift cards, and every once in a while they have a “real” item, go up for auction, BUT NOTHING too COSTLY. A couple of walki talkies (who needs this junk) the strange part is there is so much junk up there that EVERYONE bids on the low cost electronic things they bait you with at that time of the early morning, ITS MADNESS..STAY THE HELL AWAY FROM THESE SITES.
February 7th, 2011 at 12:33 pm
If you are really dumb or super lucky, this is the place for you.
January 29th, 2011 at 6:29 pm
their servers are not running on the same time, some time the time clicks past 1 and they win other times it may click a second or two and you still will not win the item. other times someone will win as soon as it clicks to one second left. a real rip off
January 29th, 2011 at 6:13 pm
Regardless of whether or not QuiBids has an “honest” business model or not, do you think someone who owned an iPad would let it go for $12 ??? Would they even place their goods on a website if there was a slim possibility it will sell for 95% off? Sorry.
January 27th, 2011 at 2:51 pm
I’ve never fallen into the penny auction trap but am still blown away by how these sites are allowed to advertise their business. Showing a winning bid by dollar amount is completely misleading and shouldn’t be allowed. Example: Advertising an iPad having been won for $22.67 actually means 2267 bids at$.60/bid were placed. This means Quibids receives $1360.20 for an item that retails for $699.00. I’m not saying that there aren’t any deals to be found on these auctions, but promoting 95% savings is just untrue. I’m glad to see the high number of posts that recognize this and I’m tired of seeing these advertisements on my computer. And those people who boast about winning items for $12.00, what did they really spend and how about the auctions they don’t finish?
January 27th, 2011 at 12:23 pm
Quibids: ya cant really blame them for what u have done. Low price? I don’t think so, just think about it, what do they get out of you if they sell u those items so cheap??? NOTHING.
So of course there has to be another way around to scam your money. I would like to get it cheap myself, but i know for a fact nothing is dirt cheap or free in this world.
Before i decide to do something i research or make sure it’s worth my money. So what if i pay a little more for the same item, i’d rather be safe than sorry…
The whole bidding idea is to get you where they want you to be, then sell u at that point: that’s how they get your money.
SO PLEASE, JUST GO GET WHAT U WANT AND BE HAPPY WITH IT. CHEAP DONT SET THE PRICE HERE PEOPLE
January 26th, 2011 at 10:39 pm
I signed up for it, but didn’t put my debit card info in. I wanted to wait longer to think about it and read some review about the site. It seems too good to be true, it sure has to be a scam. The way the website is designed looks like those scam website i always see. Anyways i won’t go even if its not, too many bad reviews, thanks yal
January 26th, 2011 at 11:35 am
I signed up for QuiBids in Dec. and have spent $506.00 in bids and products won. The retail value of those products and bids are$1,788.00 showing a profit. Now if you are talking about Wavee.com that is a scam.
You have to watch the other bidders which is easy with Quibids. Wavee is different because you don’t know how many or who the bidders are or what products they are bidding for.
If you are careful and use your head Quibids is a OK auction site.
January 25th, 2011 at 6:24 am
all i have to say is people are stupid for not using some strategy..do your homework on quibids! i just joined and have gained way more than what i have put into it!!!!! there are secrets to good times and bad times to play…and when to hit the timer!!!!! they are one of the best sites out there …they also limit what you can buy..and to how many items you can buy in 28 days..that makes it a whole lot better knowing your not losing to people who are just out to buy and re sell…there are some great deals to be had if you do it right!!!!!! I am so happy with my wins…
January 24th, 2011 at 5:53 pm
Grandma said it: “Ya cain’t git somethin’ fer nothin.” And: “A fool an’ his money are soon parted.” Looks like these cats have found a way to really take advantage of stupid, materialistic web junkies. I find this hilarious. I guess I’m just not a gambler. When you reach a “certain age”–and people you know who possess a ton of wealth begin dropping dead, you’ll realize that you’re not buying any longevity when you get a new putter or blender on an online auction.
(On the other hand, I’d sure like to have that $14.09 Nikon camera-!!)
January 23rd, 2011 at 11:46 am
Well yea some say this is a scam but technically it isn’t. Buying the cent bid packs isn’t cheap, but is a ton better than buying an iPad at the original price. You still get an amazing bargain. You just have to know the tricks of the Quibids trade. The clock is always at 20 seconds, and anytime someone bids it goes straight back to 20 seconds, drawing bidders in thinking they’re getting the very end of the bargain and can win with a bid at 17 seconds. Actually, NEVER BID AFTER BEFORE 10 SECONDS!!!! And don’t be drawn into bidding wars YOU CAN’T WIN!! JUST BACK OUT!! Look Quibids tips up on YouTube there are some great videos good luck bidding PERSONALLY I DON’T THINK THIS SITE IS A SCAM I WON $200 DOLLARS for maybe like $20.
January 22nd, 2011 at 11:57 pm
I was misled, by them saying i got $75 worth of free bids. I started bidding when i got an email from my bank informing me i was charged $75 twice. Well they would only refund me $45 so i was out $105. I have no idea how i am going to pay my rent because of this.
January 19th, 2011 at 9:05 am
i have bid on a number of items from quibids. some i won, some i purchased. Only today did i realize after bidding on a $3,3++ camera what a scam this is!!! people have been bidding on it for 2 days, i bid, watched, slept and bid again the next days… and the price has went up to $774.77 (77,477 bids or meaning $46,482.20 for quibids). I have seen my opponents come and go, probably 4 of which have reached the maximum price and ended up “buying”….
as we reached the final leg of the bidding early this morning with 2 other bidders, my bid did not register and was given the dreadful notice “its too late to place your bid!!!! ive seen this message one too many times but paid for the item anyway thinking, what the heck, maybe i was late in pressing the button… but this time i know i was not late because i was pressing on my mouse 5 seconds before it finished. i have spent $900 or 1500 bids!!!! and i lost to a person who has registered today, January 19, who has never won anything, after 20 bids!!!! talk about luck on his end —- NOT!!!!
this company should be closed down !!!
January 16th, 2011 at 4:17 pm
I consider myself lucky. The first time I bid on Quibids I won a iPod 64GB. I bought $48.00 worth of bids, won it for $5.27 + $12.50 shipping and blew the other bids without winning anything = $65.77 in total output. I’m ahead and I’m done!!!
January 13th, 2011 at 10:17 am
This is hilarious, i tried it out, bought some bids and was bidding on a laptop that was at $13. I kept waiting till the last seconds to bid on it. When i would bid on it the clock would keep going back to 20 seconds I ended up losing all my bids and i kept the browser open to see if the auction would eventually end and someone would win but after about an hour of the price going up and the timer i closed it and never went back… lol
January 12th, 2011 at 10:56 pm
Quibid.com is the biggest Scam Scam Scam ever and the worst way to grap or steal your money no difference in my belief. I registered in this web site on the assumption to be a bidding site but it is not, this is a gambling casino. I bought a $60 bid voucher and I started to bid for phone set $56 retail, I ended up losing bids more than the value which forced me to use buy it now option and paid much more than the retail value plus $7.00 shipping.
Quibid has an automatic bidding system to challenge your bid until you bid more than the retail value. It is the biggest scam, it showed me as bidding winner paid $3.50 for Vetech phone set, but the fact is that I paid $53 for 88 bids plus $3.50 price difference plus $7.00 shipping . With the remaining bids I tried other cheap items of $15 value but no way to win and lost all bids.
It is simply a scam, Quibid showing $45 winning for LCD TV value $1200 while all bidders paid at least $2700 ($0.60 for each bid, each bid raise the value 1 cent.) Starting from zero value until you reach $45 or 4500 cent and $0.60 for each bid or cent will end up to $2700 plus $45 paid by the winner. In any way QuiBid never breaks even they always the big winner by getting double the price of an item
January 11th, 2011 at 11:34 am
I won a $50 Overstock.com card and never received it. How do you know that you are not bidding against the company since the clock doesn’t always countdown at the same rate. Ripoff!
January 8th, 2011 at 11:21 pm
In short, regardless of the above “intelligence” comment about “knowing how to play the stock market” this site is a scam. Save your money people, the economy is too screwed up to throw your hard earned cash on the ‘hope” of getting a perceived “deal”
January 8th, 2011 at 7:59 pm
Does anyone know if the legal rule of having 2 business days to cancel (or whatever it is) applies to signing up with Quibids? I registered today hoping to bid on headphones. Once I gave my payment info (thinking it w/b used for payments and ship costs) I was instantly sent a message thanking me for purchasing $60 worth of bids! There’s no way I would have bid that many times!
I contacted them thru their email system and was told that was the only way a new member can join! What’s up with that? I see they have a ‘newcomer’ rate of $27 – but I was never even given a choice!
I haven’t even participated in this site but am out 60 bucks! Can I join the class action suit?
January 5th, 2011 at 1:12 pm
I think the buy now option gives you a chance to recover your money. IT is a gamble for sure, but if you want to buy something (i.e. Ipad) and is willing to try to get a discount, then i think it is ok to sign up. If you think that you are going to win by luck, forget it… i agree with people here, most likely they may have some of their own employees bidding to keep the bids going.
January 4th, 2011 at 1:44 pm
It amazes me how the majority of these comments are all negative. I signed up on Quibids today and won 3 auctions in less than a hour and those are with the initial 100 bids I paid $60 for. A Minolta 35 mm camera (list for $525)that i paid 3.78 with 10 bids, a 32 inch Viao TV, for 11.21 with 6 bids and a $100 Lowe’s gift card for 11 cents! Its all about timing and waiting out the suckers. It is no different then playing the stock market. You will win some and you will lose some. TIMING PEOPLE!! TIMING!!! If you don’t understand the stock market you will never understand penny auctions. they are not a scam. It just takes intelligence to understand it
January 4th, 2011 at 1:09 am
Wow, sounds like a lot of people don’t know how to research where they put their money. I put money in quibids, but I did my research on how to win penny auctions first. It’s not a scam, I have won some ridiculous deals and lost some tough ones. Overall I’ve probably saved around an average of 50-60%. Not a scam, just a new idea, don’t be bitter when you throw your money away out of ignorance. Do your research and you’ll be happy
January 2nd, 2011 at 2:14 pm
Qbids may be a gambling site, but they are guilty, at the very least, of deceptive and false advertising. Since each penny bid costs the bidder 60 cents, that means for every dollar bid, the seller has spent 60 dollars. So when Qbids advertises that an item like a big screen TV sold for 40 dollars, in reality it sold for 2400 dollars. I dont care about their business model or how much money they make, but there are laws against false and deceptive advertising, and I hope that some Attorney Generals and maybe even Congress starts to crack down on them. If you have a problem with Qbids, or any other site like them, contact the Attorney Generals office in your state and the states that Qbids is based in. If they get enough complaints, they will start an investigation, and maybe regulate or shut these sites down.
January 1st, 2011 at 5:01 am
I can’t believe anyone would be dumb enough to actually sign up for something like Quibids. As soon as I saw the damn commercial I knew it was a scam, how do people fall for this crap?
December 31st, 2010 at 9:48 pm
Ari- Guess math isn’t quite that simple. 12,760 bids in 3 second increments (38,280 seconds) is 638 minutes, not hours. The auction has been going on for a little under 11 hours, not 26.6 days.
All of the comments I’ve read on here that cry scam seem more like people who just didn’t do their homework. I have not done QUIBids and don’t know if I will because it is a gamble. You’re gambling that you will manage to be the one winner that gets a fantastic price. But a little research on QUIBids site will tell you that voucher bids do not count toward your purchase price if you lose the auction. The fact that you don’t know when the auctions end is a feature not a bug. Again, its pretty obvious if you watch a few auctions.
December 31st, 2010 at 4:54 am
It is too late for me, I should have read this website before I got in with Quibids. I lost $48. for nothing. Quibids is a scam 100%. You are better off with Ebay, and Craiglist.
December 31st, 2010 at 4:25 am
Let me add one thing to my comments (below)
The higher-priced auctions (the ones that have gone on for that many days) do not turn up in the quibids.com search engine. i.e. the one I gave a link to was not searchable for under “laptops”!!
December 31st, 2010 at 4:15 am
Let’s just run some simple math. Currently, there’s a iMac desktop selling for about $127.68. The bids are in 60 cent increments. So, how much is it selling for ACTUALLY? $7660.00 if you consider each one of those pennies cost someone 60 cents. Also, consider this: If you look at the auction, the average bid lasts 3 seconds or so before it is outbid. So now, let’s do the math for that: $127.68 is 12,768 bids, each lasting about 3 seconds, means 38,304 seconds, or 638 hours, or 26.6 days. I couldn’t believe it when I did that math. That means that that auction has been going on since the beginning of December, and here it’s December 31st. Check in on this auction http://www.quibids.com/auction.php?id=291359083 and see if it’s still up, haha.
December 24th, 2010 at 9:25 pm
LOL ~ read #14 by “Loco”. It is the only comment on here without a single misspelled word and the font size changes after the first paragraph. This is also the only “comment” that gives Quibids a 5 star rating. Does anyone else smell a Quibids RAT!!?? They are posting comments in various sites to give themselves a good rating and post positive reviews. They are a TOTAL scam so STAY AWAY! DO NOT WASTE YOUR MONEY. YOU WILL LOSE!
December 20th, 2010 at 1:49 pm
What a way to give away your money. This is definitely a company who is taking people’s money and giving them nothing. I bid several times and lost my money quickly while someone kept bidding and kept me bidding until I had spent over $60 then I realized what a joke they are.
December 19th, 2010 at 11:22 pm
IT’S A SCAM! I found it myself the hard way! I lost my $60.00. I think they have people bidding so nobody wins the good merchandise. They just want to hook you up letting you win the Vouchers, so you can buy them and pay $2.00 for each voucher. I going to write to consumers report etc. We have to get together to shut down this site!
December 19th, 2010 at 3:46 pm
I’ve been using this site for almost a month, after I spent the 48 dollar start up I first won 3 gift cards totaling 85 dollars, then I won some small products in total I spent maybe 80 dollars and that is with my start up money and I have done pretty well. Like anything u have to be smart and pay attention. I don’t think its a scam especially for what I have won. But take it how u want if ur not smart with ur money it falls on you
December 18th, 2010 at 12:35 pm
This is a ripoff site! Even if you “win” the auction and pay the fees, there’s a darn good chance you won’t get your merchandise. Customer Service is a joke. They are auctioning off product from vendors – but they can’t get in touch with the vendors. When I inquired about getting faster shipping – they told me there’s no way for that happen because they can’t arrange it with the vendor.
When I didn’t receive the product or any communication from them, I wrote CS again and after two days they told me they would have to contact the vendor and it would take a week. A week??
Who is this “vendor” and why are they auctioning off merchandise they don’t have and they can’t even find out what is happening with the orders??
Something is wrong here. This site isn’t legit it’s a complete scam. They take your money and run and blame everything on “vendors”.
December 17th, 2010 at 9:08 pm
OMG! Thank God I decided to look for comments/reviews on this website BEFORE I signed up….
What a total scam! Sure they hook you in good, but when you go to sign up for it, they want your $60.00 before you can bid on anything. It kind of reminds me of the “Direct Buy” commercial on TV..I checked that out. (I love to get a good buy) They want over $5,000.00 to sign up! I will stick with Craigslist, Ebay, and Costco(great place for prescriptions, if you don’t have any medical insurance).
If it sounds to good to be true…it is…there is that famous saying buyer beware. Just save your money and buy the ipad. Quibids is a definite scam.
December 16th, 2010 at 5:46 pm
I “won” the first auctions after I paid my $60.00 blood money. I “won” 3 or 4 Lowes $5.00 cards, some free bids. I have never received the cards, and they have never told me how to use these “free bids”. I have tried to communicate with Quibids several times. I kept getting a message back saying “we will contact you after we review your request”. NOTHING so far. Does anyone know how to communicate with these rip off artists? Someone needs to take action against them. I would if I just knew how. They are real crooks. STAY AWAY!!! Keep your hard earned cash, or donate it to a reputable charity.
December 13th, 2010 at 2:17 pm
Do not get sucked in! This site along with the other penny auction sites are definitely gambling sites. Gambling with very very poor odds of winning. Take your money and buy lottery tickets you’ll have a better chance of winning. Sites are addicting! No proof that its a scam, but sure seems like one. What are the chances that many of the bidders are generated from the site itself. As for anyone giving these sights positive feedback, probably are affiliated with the sites as well. Similar to boiler room stock scams that pump up stocks on message boards. SAVE YOUR MONEY!!!! GIVE IT TO CHARITY!!! YOU WILL FEEL MUCH BETTER!
December 9th, 2010 at 6:33 pm
Scam or not, it’s tricky and sneaky. Their biggest selling point is that they have the “buy it now” option to ensure that bidders would never have to pay more than the full price. Should they lose the auction they could buy the item at full price minus their lost bids. This got bidders thinking that they had nothing to lose.
Actually they have, if they want to count on the “buy it now” option. One sneaky way of Quibids is to charge you transaction fees on top of the full price. For a 25 bids pack, for example, if you use “buy it now” they will charge you more than 13% of the full price in transaction fees on top of the full price!
So, their biggest selling point (with they “buy it now” option, one would never have to pay more than what they would for buying the item at full price) turns out to be a scam by itself.
December 9th, 2010 at 5:01 pm
there is no free lunch…This is gambling in a very sophisticated and technologically advanced way. There will always be people on the losing side and people on the winning, but at the end of the day the house always wins. Like any casino and business they still have to make ends meet and be profitable. This site, is very good at luring (admirable) people and they understand very well how people rationalize gambling. You win a few, you become very excited and confident about your decision to get into this game, buy more bids maybe win again. Buy more bids, lose a couple, but “hey I’m definitely still in the money” I have won more items than lost, etc- and this is how eventually you lose track that with all the bids you bought, shipping, you will most likely have already spent more money on QUIBIDS than you wanted and more money that what you have actually won.
Now, the deceiving part is that since this is technology based we do not know what is going on in the back-end. They could very well be adjusting the system to their benefit. I bought a bid packet to get firsthand experience. I did a couple of days of observation as I am an financial analyst and wanted to see what I could conclude- certain items only (for ease of analysis) the ending price, # of bids, time of day, frequency bidding, # of exact product being auctions, etc. A couple of days later I logged in and bought the bids to get into an auction I saw would be ending in 6 hrs, did a quick search on the items that I had seen an hour ago (remember that an hour ago I had not purchased bids yet) , they where no longer there- in my case it was a golf club that you can buy at a store or online for 90-120- on quibids it was selling for (at least before I bought bids) .20 – 1.50 – do the math and this is a product that they lose money (on the high end that’s 120 bids at 60 cents). To my not so surprise, golf balls auctions- dozen premium golf balls- that got retail or online for 30-50$, where – A. selling for 0.95 – 5.50 – do the math (either .01 or .02 increments) again and that’s a nice margin (high end that’s 5.50 at penny increments 550 bids at .60 cents). B and more importantly than A, these product came up 10x more when I searched for the golf item I was originally looking for, basically they hide or don’t allow you to see the LOW Margin or $ losing product and show you the HIGH margin ones.
I contacted them and asked how could it be that I saw a couple of golf clubs to be auctioned in 5 or so hours and when I went to buy my first packet of bids, they no longer showed up- again only those dozen golf balls and similar products. They said that “due to customer feedback” (BS) they limit the amount of auctions you can see (actual response ” I have updated your settings so that you will have a broader view of the auctions on the site.
Our number one goal is to maintain a great user experience for all customers, along with balancing heavy strain on our servers. If the product you want is currently not showing, please continue to check back as new and exciting products will be added frequently!”)
You can see where I am going with this, they need to be much more transparent- I am confident that they are doing some “funny” stuff in the back-end to their favor. In their defense, its business and so be it till they are asked to prove otherwise.
One VERY positive thing to note, they have excellent customer service.
December 7th, 2010 at 4:18 am
The sad part is that since thousands of people are paying for the item in bids in the first place, that they should let someone win it. But as you can see, even letting people get something for cheap is too much for them. This is a typical example of why the world is where it is, and why the economy does what it does. Many greedy people with billions, and others that would be happy if someone gave them a $100 bill they could live for 2 weeks, however why would they want to allow a surplus to offset the deficiency. So yes, it is one thing to use a raffle style auction where people pool their money to cover the cost, but the use of bots and not even allowing people to win those items that have already been paid for is greedy, and these people that think its ok to give nothing in return for nothing aren’t storing up treasures in heaven. Good luck when you die, Im sure God will give you the same odds!
December 3rd, 2010 at 2:22 am
Guaranteed Bots! Proof – Here’s how it works. Items you see go for real low $$$ are because no one is bidding on them or someone did and gave up and the bots realize this and presto a Bot won! Big deal bots don’t have to pay. This moves the items fast to entice more bidding on possible more attractive items. So, if you like an item and you stick it out, especially $25 items you will see bots out bidding themselves. What i mean is they bid like 40 times which is more then what the item is worth! see 40 bids at 60 Cents a piece is $24 plus the auction price when you could just buy it now for $25! BOTS BOTS BOTS BOTS BOTS BOTS BOTS BOTS BOTS
December 2nd, 2010 at 10:04 pm
@John Z :: No John, Quibids is gaming the system against you so that you don’t know what you’re getting into. I give you specific evidence here : http://www.zippaz.com/images/quibids-cheats.jpg
The left side shows an account that has won auctions, the right side shows an account which has NOT. As you win auctions Quibids starts to restrict your access, so that you can only see particular auctions. And lo and behold, it is harder and harder auctions to win… BECAUSE they are fewer and have a more spread out timing. So more bidders per auction, which means higher bid prices.
So… they are hooking you with a few wins, and then making it harder to win the next time you login. They are gaming the system against you even more than it already is.
December 2nd, 2010 at 1:35 am
Guaranteed Bots! Proof – Here’s how it works. Items you see go for real low $$$ are because no one is bidding on them or someone did and gave up and the bots realize this and presto a Bot won! Big deal bots don’t have to pay. This moves the items fast to entice more bidding on possible more attractive items. So, if you like an item and you stick it out, especially $25 items you will see bots out bidding themselves. What i mean is they bid like 40 times which is more then what the item is worth! see 40 bids at 60 Cents a piece is $24 plus the auction price when you could just buy it now for $25! BOTS BOTS BOTS BOTS BOTS BOTS BOTS BOTS BOTS
November 30th, 2010 at 11:50 am
I have actually won auctions on QUIBIDS, yes it is a “game of chance”, but I like to gamble! I have purchased 2 $45.00 bid packs which gave me 150 bids total and 2 of the $27.00 packs which in total gave me 90 bids total – doing the math I spent $144.00 – BUT I have won far more than what I paid for the bids.
To date I have won $698.00 worth of merchandise – all of which I have already recieved in the mail – this includes a $100.00 Walmart giftcard and a $50.00 Cabelas giftcard – $15.00 Itunes giftcard – and lots and lots of smaller items I will be able to re-gift to my family and friends for Christmas, and you are always able to see the shipping cost before you even bid on the item, the most I have paid for shipping was for a VERY NICE $70.00 (value) Kalorik Blender S&H was $6.99, plus the .40 I won the auction for, and it only took me 4 bids @ .60 each = $2.40+.40+$6.99(s&h)= $9.79 (if you wanna get technical) to win it!! WOW NOW THATS A DEAL!!!
You are only able to win 3 auctions within any 24 hour period and only 8 total auctions within 28 days….I think it’s a great thing I’m just pissed that I didn’t think of it first!!!! The trick is to focus on 1 item, and not to jump around bidding on several different items…(unless you have hundreds and hundreds of bids) you can win with this! I was very skeptical at first too when my son told me about it, but I proved myself wrong when I had actually won some stuff.
Maybe it’s not for some people, but it’s the most legit penny auction website I’ve ever been to!
Mia says:
January 1st, 2012 at 10:23 pm
What did you win? And I’m glad somebody has a brain, tried this a few times and now am great at it! I’m excited and it seems fun! I’m inspired by your review!
November 29th, 2010 at 10:39 am
Just proves that the world will never run out of stupid people you can racket with. A sucker is born every minute. If you walk away from Quibids, another sucker will take your place.
November 26th, 2010 at 2:45 pm
It seems after giving quibids a try (for informational purposes) that everyone seems to win in the early part of their experience…heck I “won” a 50 dollar gift card for .88 cents. After a strong start I continued to bid my 60 dollars worth just to find out the bidding is endless and with a very high probability of the person out bidding you could be a non third party. There is no way to communicate with other “buyers” and the seller is “fixed” so you really never know who you are dealing with.
After winning the card I still have to pay for the card and shipping and hope it arrives in the mail. If I do not pay the “offer” expires dec. 3….. but i thought I had won.
November 23rd, 2010 at 7:06 pm
Listen –all of you that call Quibids a scam–YOU KNEW WHAT YOU WERE GETTING INTO–if you read quibids 101 they lay it out for you–and if you didn’t read it it is your own fault–IT IS Gambling–if you put $100 on a straight # in roulette the odds are your not going to win. They tell you up front don’t go for the big item 1st learn the system 1st try winning some small items 1st.. They even offer a beginning auction the 1st time you go on their site –to get a hang of it—-I have spent about $160 on Bids and won about 350 worth of merchandise–and that is with me getting greedy and trying to win an IPAD and wasted $70 on nothing –BUT THAT WAS MY OWN FAULT—if your a gambler you can”t blame the dealer –you need to blame yourself—IT is Fun and Fair–they tell you what they are–and obviously the many posts here are looking to blame someone else instead of there own stupidity—-If your educated or just have good common sense you can get Some great deals–have fun–the rest of you blame yourself not Quibids–and if your not a risk taker avoid the site–but those who take a risk can win big or get bit in the butt—But you need to be in it to win it
Wayne says:
December 26th, 2011 at 8:48 pm
Oh sure, how can you defend your company when it is nothing more than a scam? You’re so self righteous you can’t even see because of the log in your own eye. If the site wasn’t set up with the illusion that you could get these items for low prices, than you might have a point. So why don’t you change your business practices so that it is a legit site, instead of a scam. Then you might get some respect?
November 23rd, 2010 at 3:31 pm
AND yes its Pretty Clear Bots are being Used They should BE investigated .. Bots would be the simplest way to scam everyone to give them more money
November 23rd, 2010 at 3:26 pm
Yeah i would avoid this site its for suckers the only one who is gonna profit from this is the site owners they are banking on the stupidity of the people … WAKE Up….. you’ve been warned .. took me all of 2 min on the site to just watch the bid happen and evaluate the cost of 1 bid 60 cents to bid 1-5 ct .that’s just insane .. let me tell ya there’s nothing for free in this world if u want something your gonna have to just work for it put in the overtime if you have too .. if its something you really want it’ll be worth it in the end . and you’ll be proud of what you’ve done in the end … Don’t go to any of the Penny bidding sites they aren’t there for you to win they are like casinos the House always wins in the end …. Really if ya got that much extra money in your life Donate it to help someone out that could use it we are still coming outta a recession people . lots of people in need out there that are struggling to SURVIVE….
November 22nd, 2010 at 2:42 pm
Jay, what they may be doing with the bots is cranking it up and having as many as 3 or 4 auto-bids, with different name, come into the picture. Still, you could get 9 shills in there bot-bidding on that item and they would still get $1,800 IN BIDS ALONE on that $1,400 laptop. I agree with others here. It should be investigated. It is one thing to not allow a SALE until it reaches a certain amount, but to control the bid amounts and charge for each one is dirty pool.
November 20th, 2010 at 8:47 pm
I also checked out Quibids because I have had my eye on a Digital SLR camera for several months now. I figured, if I can get it for a few hundred off, definitely worth it! HOWEVER – it quickly became apparent that the site uses “bots” to enhance the bidding. I actually called them on it by using the “Contact Customer Service” area and voiced my concern that bots were inflating the bidding. They very quickly canceled my account. I have since filed a Better Business Bureau complaint, since they stated they have a “Money Back Guarantee!”. We will see if any of my spent money for the bids is returned. If not, I will have to chalk it up to falling for a scam and learn a lesson the hard way. If it seems too good to be true – IT IS.
November 20th, 2010 at 6:23 pm
Learned my lesson the hard way – surfing the web can cost you!!!!!!!!! I signed up (unknowingly charged $48 on credit card) and bid on a $25 gift card to Walmart — I bid until my entire $48 was gone and the bidding just kept going, going, going………. After you lose it all, then send a note saying you can buy the bidded on card for the price difference– so it costs you $25 for a $ 25 gift card – really should be outlawed, since you know a computer is bidding against you..!!
November 18th, 2010 at 2:11 pm
Thanks for the heads-up, rule-of-thumb, if it sounds to good to be true, probably is. How about if the winning bidder has product problems? Let me guess good luck receiving support
November 18th, 2010 at 7:19 am
Total rip-off! A disgrace to the great state of Oklahoma. This is not an auction it is a game of chance. They will be shut down.
November 16th, 2010 at 8:21 pm
Quibids is most definitely a scam, and they have some serious serious flaws in their programming. As others have said, you can’t be sure that you are not bidding against Quibids hired help with unlimited bids. There needs to be a federal law enforcement investigation into this company.
November 15th, 2010 at 1:00 pm
I just joined Quibids about 1 hr ago and already have figured out they have something rigged to bid against you even on the crappy auctions to drive up the bidding. Save your money. I think they allow just enough ridiculous winners to pay for marketing and then have a system in place to make you bid, bid, bid for the auctions. I had the same name bid against me in 3 auctions on “auto bid” They were unrelated items… Scam Scam, Scam!
November 14th, 2010 at 8:23 pm
Avoid Quibids at all costs! When no one is bidding the auction ends. If you bid then all of a sudden other bids show up, driving up the cost at sixty cents a click.
November 11th, 2010 at 11:19 pm
Hello..where is the Federal Trade Commission? The FBI? the Department of Justice…when you need them?
Shut down quibids NOW!!!!!!!!!
November 3rd, 2010 at 5:43 pm
After spending two hundred dollars on Quibids and bidding and bidding I still won nothing. I bid on cheaper Items with few bidders and the price went right up. As soon as I stopped bidding it sold. The same Item goes up for auction and it sells for pennies. Every thing I bid on, the price went up and up, you stop and it sells with in a second. I must have bid on 11 Items and the only things that went cheap where the one’s I didn’t bid on. I went after those Items not too many people would be interested and the same thing. I say it’s rigged.
November 2nd, 2010 at 4:56 pm
You notice quibids has no way to talk to or find the other bidders. I believe the auctions that are won very cheap are actually the shill bots. I saw a clone site on flippa for $1oo bucks, and it explained the backend of the program they use to run the site. You can actually set how much you want the item to go for, and the bots will keep bidding with real people until it gets there, and also it automatically changes the names and picture of the bots so no one gets too suspicious.
October 25th, 2010 at 12:34 am
Quibids is a very smart company or scam !!!! This is an auction where it cost $.60 per bid to win a great items. I spent 20hours on an Apple Macbook that sold for over $255.00 and I DID NOT WIN. Here is the BIG picture: they made over $18,000 dollars for a $1,400 laptop (25,500 bids X .60 = 0ver $18,000). Few hours later another Macbook SOLD for $3.43. WOW!!!!!! BEST OF LUCK !!!!!!
October 2nd, 2010 at 9:05 am
it is nowhere near as easy as it sounds! just when you think the clock has run down in your favor and you were the last bidder, the clock stalls at 1 second and it gets reset by someone else putting in their bid, totally done to lead you on surely and bid some more of course. meanwhile, while you’re waiting for the seconds to run down to put in a bid, at times it just drops from 4,3,2 to “SOLD” but without stalling; even watched it go from 3 straight to “SOLD” several times. what happened to 2 and 1? this makes me really question the countdown that they use, and wonder if its even real people that throughout the whole bid, beginning to end, submit the bids.
Random says:
November 6th, 2011 at 10:10 am
lol, it’s called LAG!!
September 21st, 2010 at 11:01 am
Found that out myself the hard way. Thanks