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Nickelbids has a rating of 1.33 stars from 3 reviews, indicating that most customers are generally dissatisfied with their purchases. Nickelbids ranks 86th among Penny Auction sites.
Nickelbids is an auction site that is really a slot machine where you do not know the odds of winning. You give them money, you get nothing, and they laugh all the way to the bank. Why would anyone want to do this? Go buy a lottery ticket. The items they have for sale, someone probably wins... but they have all of the control as it is NOT REGULATED BY THE GOVERNMENT. Go do yourself a favor, google penny auction and see how many people believe this is illegal gambling that just has not caught the attention of the FTC.
Nickelbids is an auction site that is really a slot machine where you do not know the odds of winning. You give them money, you get nothing, and they laugh all the way to the bank. Why would anyone want to do this? Go buy a lottery ticket. The items they have for sale, someone probably wins... but they have all of the control as it is NOT REGULATED BY THE GOVERNMENT. Go do yourself a favor, google penny auction and see how many people believe this is illegal gambling that just has not caught the attention of the FTC.
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