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.
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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.
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!
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
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.
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…
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.
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.
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
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
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.
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 s