Well, considering he is making the option of getting it cheaper possible by being willing to take this chance, you Deb are the one who is being ignorant.

If you go into the auction of buying the item you want anyway, why not try getting it for a lesser cost.. and if you dont win your auction you are still planning on buying it anyway what are you out? Its all a chance you are willing to take..

The site is having problems with cash flow. Almost all products with a $50 value or greater are being delayed due to cash flow. It has been well over 14 days and I still have not received my $250 in Lowe's gift cards. I received other cheaper items in about 5 to 10 days such as an ice cream maker and a $15 itunes card. Be careful. If they go bankrupt, you will not get your product you won.

Response to Jill H.---What ur out is the money u paid for the bids to pay retail price.

Response to Jill H.---What ur out is the money u paid for the bids to pay retail price.

Quibids requires common sense and personal discipline just like everyday life. You ARE gambling! Yes, you could in some cases go to the local Wal-mart and buy the item guarenteed. But would it be as much fun? Just like a casino, you could work your *** off and be guarenteed the $, but what fun would that be? Play smart and lighten up! It's refreshing to me to find something more interesting than Facebook which has the same lonely people responding daily!

Oh, I forgot to mention, yesterday I won the bid for an iPod Nano and was even able to choose the color. Bids, shipping all included $32.00!! I have wanted one for so long, but didn't want to spend the $ especially since I have and iPhone, which does virtually the same thing. I just wanted the convenience of not having to take my phone in/out of protective sleeves when going to the gym! What a bargain!!! I was wanting to buy it anyway. Its like clipping coupons. Don't clip/bid on something you normally wouldn't have an interest in. If you want it bad enough you will be more likely to be in the true running for the item. Others will bid and then disappear. Best of luck!!!

Why are they using fake news site with fake testimonials (which is illegal) to promote their site?
http://bit.ly/bydBbp and http://bit.ly/ayxPfl both have a photo of exactly the same person but with a different name and home town. Why does the Quibids site look EXACTLY the same as Swipebids?
Scam?

This website says Matt Beckham is the CEO of Swipebids (which IS a scam): http://bit.ly/bQX3u9 This says he is CEO of Quibids: http://bit.ly/bQX3u9

Why does this say that the LLC Manager/Principle filed for bankruptcy?
http://www.azcentral.com/business/abg/articles/2010/03/11/20100311abg-bankrupt0311.html

Quibids needs to answer some questions about their business and their website:
http://www.pennyauctionwatch.com/2010/01/interview-reviews-quibid-penny-auction/

So-called penny auctions like Quibids are less scams, than illegal fraud:

http://notmytribe.com/2010/penny-auctions-quibids-swipebids-et-al-are-more-than-scams-theyre-fraud-818056.html

Seriously check out the address and google map from their site - http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=4+NE+10th+St,+ste.+242,+Oklahoma+City,+OK+73104&sll=37.0625,-95.677068&sspn=38.911557,72.685547&ie=UTF8&hq=&hnear=4+NE+10th+St+%23242,+Oklahoma+City,+Oklahoma,+73102&ll=35.478652,-97.512546&spn=0.009785,0.017745&z=16&iwloc=A&layer=c&cbll=35.478087,-97.512552&panoid=kqqz3O8KirpaJH2ueRXJ3g&cbp=12,150.07,,0,17.49. They use bots. It is a fact.

QuiBids’ CEO Allegedly Behind Misleading Weight Loss Marketing Testimonial Sites:
http://www.pennyauctionwatch.com/2010/06/quibids-ceo-allegedly-behind-misleading-weight-loss-marketing-testimonial-sites/

I won a new sound system in mid may. I never recieved it. After many emails, today their email said it was no longer in stock. Quibids sold the sound system for 5 weeks after I won mine. Did they get scamed too? I am making a complaint to the Okahoma Attonery General. This shouldn't be happening.

Fake news sites:

http://i915.photobucket.com/albums/ac355/scamscreenshots/FakeNewsBidCactus.jpg

http://i915.photobucket.com/albums/ac355/scamscreenshots/FakeNewsQuibids.jpg

http://i915.photobucket.com/albums/ac355/scamscreenshots/FakeNewsBidHustle.jpg

http://i915.photobucket.com/albums/ac355/scamscreenshots/FakeNewsSwipebids.jpg

QuiBids’ CEO Allegedly Behind Misleading Weight Loss Marketing Testimonial Sites:
http://bit.ly/adJtmt

quibids is out there just to take your money

Quibids is quite a racket. Promise FREE FREE FREE 10 bids FREE. So I figured I'll try it. I was lured by an ad that showed a guy with a mac notebook for some ridiculous price. They make you register a credit card to keep "on file". B---- S---- They charged me for the minimum bid packet AND THEN added on my so-called FREE bids. DON"T BE A DING DONG LIKE ME! DON"T DO IT!!!!!!

sounds like people are not getting their stuff either

what's the name of the Attorney General for Oklahoma?????????? He's the one that everybody needs to contact!!!!!!!!!!!!!!!!!!!

quibids is a scam don't do it

Oklahoma Attorney General is Drew Edmondson:

http://www.oag.state.ok.us/consumer/complt.nsf/complaint.html

thank you Mike H.

i bought 30.00 dollars in coins and they took double out of my account and will nt refund it stay away their scamming people

To CS S EVERYONE HAVING PROBLEMS WITH QUIBIDS NEEDS TO READ THE MESSAGE 3 AHEAD OF THIS ONE BY MIKE H. AND USE THAT LINK TO EMAIL YOUR COMPLAINT TO THE OKLAHOMA STATE ATTORNEY GENERAL'S OFFICE. GO TO THEIR OFFICIAL WEBSITE AND THERE'S AN E A S Y FORM TO FILL OUT AND SEND BY SIMPLY EMAILING IT.

LET'S PUT THEM OUT OF BUSINESS, PLEASE FILE A COMPLAINT IF YOU HAVE HAD A PROBLEM WITH THEM. WE NEED THE ATTORNEY GENERAL'S OFFICE TO BECOME FLOODED WITH COMPLAINTS SO THEY INVESTIGATE!

Where to file a complaint:

https://ftccomplaintassistant.gov/FTC_Wizard.aspx?Lang=en

http://www.oag.state.ok.us/consumer/complt.nsf/complaint.html

50 dollar Lowes gift card ended up costing 76 dollars - Lowes did not want to accept it at first and it took two days of phone calls to get it accepted.

run away - I closed my account - wish they didn`t have my credit card info

I just filed a complaint to the FTC and the Oklahoma General Attorney's Office. Thanks for the info Mike H.

I won a cell phone at their auction website "Samsung Blackjack Unlocked GSM Phone". Never received the item. I tried to contacted their customer support and get an answering machine all the time. Finally tried different number and talk to Erin. She said she would talk to her supervisor Ward (No last name) . I also contacted the vendor supplier (Wireless Emporium 888-725-7575), I was told this was a fraudulent order. Order has been cancelled twice already. Let's raise our voices and get this scammers behind bars!!!!!

What everyone has to understand is that Quibids preys on the consumers that are looking for the so-called deal.There is no need for me to get deep into the mathematics of the business model, everyone here has done a great job with that. I more want to touch base on how the mathematics tie into the psychology of Quibids.

Most users are not drawn to their site for $25 gift cards or bid vouchers. I mean, c'mon... I did just invest $27 - $180 (or alot more in some unfortunate cases) buying bid packs. Would I really just want to purchase a $25 gift card for $1 after spending at least $27 on bid packs? The reason I use the gift card as an example is because I am going by QuiBids' so called motto: bid on items you intend to/ can afford to buy. That way if you lose the auction, you can still buy the item(s). So, let's just assume I actually purchased the bid packs just to buy a gift card for $1 worth of bids. If I lose the auction, I can still buy the gift card outright for $25 and apply the $1 worth of bids I initially invested to the end cost. So, now I pay the retail price of $25 + $2 for shipping. But the thing is, I cannot now convert my remaining bids I did not use back into cash - only used bids can be applied. Which means I essentially paid $27 (gift card + shipping) + $26 (dollars worth of bids left over), which totals to $53 for a $25 gift card. Well many will argue the $26 left over in bid packs is pretty much money in the bank that you can just use on the next purchase. Trust me, that $ (or bids) is as good as gone. I'll explain later.

With that said, this is where the psychology of Quibids come into play. Most users are attracted to the site for the electronics or high priced items that they generally would not buy due to high retail prices. However, the thought of possibly getting an ipad for $10 is the biggest magnet, not the gift cards. Quibids surely knows this too. It is actually a pretty genius technique, but I will not applaud them. Furthermore, the REAL consumer (probably 95% of users), not the gift carders, will at some point will take a gamble and bid on an expensive item in hopes of capitalizing on a GREAT deal. Realistically, most users go to that site for "the great deal" not the "gift card" or "bid voucher." Unfortunately, some may even win! Yes, they are even more unfortunate than the one's the never win. Why is it unfortunate? Think of it as a trip to the casino a couple times. I sit at the blackjack table and start with $27 and leave with $200 twice in a week! It may seem as though I am winning and getting lucky, however, I am realistically the biggest loser because over the next few weeks I start losing every time I go. One day I lose $27, the next $45, $180 and then I may win small, then proceed to l go on another losing streak. When it is all said and done, at the end of a one month period I went from winning (getting a great deal) the 1st week to losing the next 3 consecutive, blowing my profits, and losing couple more hundred out of pocket. Not to mention, over the next 3 months I win only 2/40 attempts.

In a nut shell, this is the business model of Quibids. Quibids is the House in this case and the users are the gamblers. Occasionally Quibids will actually dish out a deal. This is only done to keep the consumer coming back and used as a way to give other consumers the false sense of "maybe I can win that same deal." When realistically, we all know there are few winners that actually walk out of the casino and even they become the biggest losers in the long run. The biggest winners are in hindsight the one's that just don't gamble at all. The house will always win. And what people do not realize is that the House (Quibids) loves it when you win. Because you will keep coming back and maybe with a few friends the next time around. There are very few that can win big and walk away/ STAY AWAY. Point being, if you want to use Quibids, think of it as a gamble. If you happen to win big, cash out and leave; and not only leave, ban yourself! Take $27, give it a spin. They say only bid on what you can afford to buy.

I say only gamble with what you can afford to lose while shopping on Quibids. Because c'mon! Who the hell is not on that site trying to win that one item they have been dieing to get their hands on. The gift cards and small items are all there for show, just so it does not seem like a gaming/ gambling site. DO NOT be fooled, this site is manipulative and it does a great job of hiding it. Like I said earlier (with a grotesque look on my face), the site is genius. Or maybe consumers are just FOOLS. One of the two, who knows... you tell me (cooperj2002@gmail.com). So, the next time you buy a $27 or $180 bidpack, consider it as a day in the casino. If you find the right slot machine, cash out and RUN! The reason I say slot machine is pure and simple. You have no idea of the outcome, not even the slightest especially with the Autobid system. They are not Bots or Employees, it's an autobid system. Reserve prices are set on most items and if an auction is ending with a reserve not met then AutoBid will have a fake user outbid you. So, next time you see continuous bids squeezed in down to the very last secondly repeatedly, just know that the site reserve for that item maybe has not yet been met, so don't waste your time! This site puts on a veil and acts as though they are taking losses, but there is no loss whatsoever. The more bids they can entice users to place, the more money they make off items. Don't be lured into thinking you are a winner/ just got a great deal. The House owns you. It will be just a matter of time before Quibids starts offering comp dollars (QuiDollars) to preferred (hooked) users -- just wait and see. GOODLUCK AND HAPPY GAMBLING!

we are all suckers

madoff style!!!

iff you gave you debit card or credit card to sine up to bid beware i did this on Monday Qbids was give away a 400 free bids so to sine to use these bid i had to give up credit information tue my accts where overdrawen what a fool i am please everthime i try to visit the site my labtop goes haywire.

Well I know not everyone can win and those that lose complain so I can understand the comments here. It took me 2 months to learn how to win on Quibids. And I win 60% of the time I bid so this shows you can win with patients. If you pay $27 for 45 bids and bid on a $25 card do it from the auction page only. Click on the item and it will take you there. It shows how many bids you have used and you savings. When you get close to 0 savings then stop and go to the bottom of the page and use buy it now. You will have a few bids left over for the next try. I know they could do a better job of explaining how to win but they really want you to use buy it now because they make profit on the items sold. I'm sorry to all those that lose on Quibids but you should read about it and observe how to win before you jump in Money first. Take it from me. I lost $200 the one month before I learned how to win. Now I've made my money back and more. Good luck if you try again.

I don`t think so. I won`t be going back and still wish they did not have my credit card info. Don`t need luck at a real auction.

Here is how Quibids is scamming me. Don't expect to be dealing with honest people.

http://www.sitejabber.com/reviews/www.quibids.com?rid=948b7da1f70c8f2b401e38552faad7a0

QuiBids’ CEO Allegedly Behind Questionable Celebrity Endorsement Weight Loss Marketing Testimonial Sites
http://www.pennyauctionwatch.com/2010/06/quibids-ceo-allegedly-behind-misleading-weight-loss-marketing-testimonial-sites/

This is the definition of a "bait and switch" scheme. They lure you to sign up by showing you auctions for big-ticket items like Mac computers, big-screen TV's, and cameras. After you sign up and start bidding and buying more bids, for a while you still have those big-ticket items available to you.

Then suddenly, usually once you have already spent some money on bidding for more bids (another of their schemes whereby you use the bids you paid for to bid for more bids, ostensibly at a lower price), the big-ticket auctions disappear. You still have plenty of junk you can bid on, just none of those items that brought you to the site.

Initially, like me, you may believe it is just coincidence, that the items will be available in the future again and that they just ran out. I though that, until I followed the come-on ads again to the site and discovered to my dismay that there were lots of big-ticket auctions happening- they just weren't available to me. They already had my money!

STAY AWAY!!!!

Fake - that is what Quibids ARE - they use fake news sites to advertise and their CEO has promoted other scams using fake news websites (acai diet pill scams for example), fake testimonials are used for Quibids and they are also major league spammers:

http://www.eiscams.com/uncategorized/quibids-bid-at-your-own-risk/

http://www.eiscams.com/spam/quibids-spam-black-friday-apple-ipads-23-74/

http://www.eiscams.com/?s=quibids

Why would anyone in their right mind give their credit card details to and spend money on a site with such a dubious record of deception, highly misleading advertising and SPAM?

Why is it that when i go to the Quibids website and view the items they are completely different when I actually sign in. I'm talking about a matter of seconds that it takes to sign in! What's the deal? I signed in because there was an item I wanted, now it's suddenly not there!

Also, I've noticed that several people have bid beyond the value of items in auctions that i've participated in... how is that possible? I've watch the number of times they've bid (at .60 cents each) vs the value of the item. I've noticed it a few times. Yet when I bid up to the value of an item the auction stops me from bidding any further.

If your looking to actually get in touch with someone from this scam of a company:

Name: QuiBids
Phone: (405) 253-3883
Fax: (405) 242-5339
Address: 1601 NW Expressway, ste. 1500

Oklahoma City, OK 73118
Website: http://www.quibids.com
Original Business Start Date: July 2009
Local Start Date: October 2009
Principal: Mr. Matt Beckham, CEO
Customer Contact: Mr. Matt Beckham, CEO - (405) 253-3883
Employees: 60
Type of Business: Internet Auction Service

One person talks about how this site is not a scam by definition, but pure capitalism. He is right! In today's society ignorance is BLISS, some intelligent Entrepreneur found a way to capitalize on ignorance! Face it people, if you fell into the trap of buying bids, quibids didnt scam you, you scammed yourself into thinking something so good could actually be true!!!! Ignorance??? I think so!

Quibids shut down my account in the middle of an auction and without explanation

Quibids have a class action initiated by a lawyer in Portland Or. and they are requesting a trial by jury.
I have my own issues as described at http://thepennyauctionblog.com I spent over Five Thousand Dollars and almost lost my account as my winnings were being canceled out. I have over 400 Quibid E-mails in my files, I was unaware that I was taking on a career rather than a simple form of entertainment.
I take my winnings seriously and I am not very content when I have to argue my winnings with Quibids and
get an appology as a reward. Quibids know I am a loser because when they cut me off in the middle of an auction ,and when there is a problem at their end they compensate me with a few bids but never grant me the prize. I have too many instances to report in just one sitting.
$60 Dollars for a $50 Dollar Wa-lMart card is what Quibids refer to as a 4% saving
that is just one of my manny many issues...

WOW and I was thinking at first that I was the only one being scammed by this site aww guess not I was right soooooo many others have been scammed also and I feel bad for the people that lost so much money. I lost a little over $90 dollars and turned around and cancelled my account after seeing what a big scam these sites are. When they get caught all they have to do to get out of trouble is file bankruptcy and start over under a new different name.

file a complaint with the FTC and the Oklahoma General Attorney's Office
http://www.oag.ok.gov/oagweb.nsf/complaint.html

I think they are all in bed together !

I have been collecting data from this site for analysis and after collecting more than 3000 ids and last win, I did not found one that have won an Ipad, Tv 40" or abobe, any laptop, none of the big prizes. The wins are gift cards, bids vouchers and some small "junk".
Also, between 2:00 - 6:00 AM you will probably not se any big prizes (like Ipad, TVs, computers, Xbox....) in auction. Only gift cards and other small things.
This site is a total scam and are ripinng of people's money. Of course it is a very clever idea. When people realize they already lost at least 40 bucks.

I already reported this site to BBB and filed a complaint with the attorney in OK. the BBB said they are not affiliated with these auction sites at all.

The BBB is a joke, I have not found one Quibids case where the client was satisfied. BBB accredits a business when the company responds , it does not mean the complainant is satisfied with the response.
When I see a positive comment about Quibids or a Television newscast commercial of praise , I just consider it another attempt to deceive people. The internet is flooded with ads and newbies get hooked accordingly. It pays to advertise ,
So until Laws are implemented to stop Penny Auction Scam Websites, to stop false advertising and misrepresentation , penny auctions will continue to flourish , and why not as .
the real percentage in penny auctions as I see it 99% of bidders lose and at 60cents a bid there is a fortune to be made.

@nusa n - How could they "not be affiliated with the Oklahoma City BBB" if that is where I found their address and info? They are registered with the BBB O.C. But, then again, the BBB itself, is a scam. Anyone can pay the fee to be an acredited member! I would say to start writing letters to the major networks. I'm sure they already have looked into this in some way. Just a matter of time before this ends up on Dateline, 20/20...

thats what the BBB said that they dont acknowledge their business.

I`m seeing their ads on facebook - Yahoo - CNN - this is so wrong

I "won" an auction the end of December 2010 for a laptop computer. Final price $86 and change, with shipping it came to $103. Wonderful deal, however, weeks later no laptop, no calls no anything except form letters, except for an endless string of form letters saying it is coming, its on the way, but we do not have a tracking number nor can we say when you will receive your merchandise. Now, lets do the math. The retail price for the laptop is $865. The final price was $86.56. So considering that the number of bids was 8656 @ 60 cents per bid, that comes to $5193.60 next add the $86.56, not taking into consideration ther shipping fees, that comes to total of $5280.16. I paid the money that I was to pay within minutes of the auction ending. I received email back saying they received payment and would send the merchandise and to expect it within 10 days. Well, weeks later, and over a dozen of form letters with several excuses why I have not received the merchandise, you guessed it, no laptop. Weeks later. This is sure sounding like nothing short of fraud. Despite numerous attemps at contacting their "customer service" no replies except the string of form letters. The BBB has been contacted and soon a suit will be filed against the company. Oh, by the way, I was participating in this auction for well over 6 hours, I myself made over 150 bids. In their defence, I have won several other auctions, all minor items, well under $50 each. Each time they did in fact send the minor items. The one major item they have failed miserably and not made any attempt of even communication with me at all.

Ted C. Deger.

I will not make such a claim without giving my true name and email address.
teddeger@yahoo.com

its totally a scam in my sense coz i am working with company like these online bidding
what i got paid for to fake bid. so the time u put ur bid we increase the bid ....the reason
behind it to increase the traffic level....so they can ripped of ur money....
sorry to company bt have to tell the truth
so the people who think they are smart they are not actually.
thanks guys
i wish it could be helpful to u ......

I signed up with quibid but didn't purchase any bids. When I received my bank account statement they had charged me $60.00. For What????

Dena - you'll want to call your bank ASAP and dispute that charge. Hopefully they'll reverse it.

Another reviewer, T.H. contributed this review: http://www.sitejabber.com/reviews/www.quibids.com#709

No phone # for QuiBids listed on their entire web site, or anywhere in their 12 page response to Bank of America, that resulted when I requested a 'charge back' of my $60.00. Within QuiBids response was "ask this customer to contact our customer service, requesting a refund for any unused bids." So, I called Bank of America and asked them if they might have a phone # for them as I could not find one. They found one and said they would call for me. Then they came back and said they were place on hold for the next available agent, they then gave me the phone #, told me to press 0 and to call back if I was unsuccessful. Here is the phone number for QuiBids, good as of 2/16/2011. 405-253-2038

Quibids has ads all over the place! They must be making so much money off of us...

It Is A Total Rip Off.. If You Look At It, It Really Pisses You Off... Ok, Bids Are 0.60 Cents Each Right? And If You Look At Something Like An Power Drill That Someone Finally Won For $37.87 That Was Worth $255.00.. But If You Look Deeper Into It, Quibids Made Tons Of Money Off of The Bidders At 0.60 Cents A Bid.. Every Bid The Price Goes Up One Cent.. Sounds Good, Not Good.. Ok If You Multiply 0.60 And 3,787 Bids You Get $2,272.20.. Thats how Much They Made Off Total Bids For That Product Although You Got It For A $37.87, They Made $2,272.20 Off Of It... Its A Shame, This Is Why The Economy Is Shot.. Im Gonna Protest On Capital Hill Against This Company With No Phone Number...

Quibids is a scam. To win somethings you will pay more then its price by the other auctions. Second you will never win over 50$ because they have own groups who will not let you win any auction and they use different names in the same big auction to let you think that somebody go somebody come and win.
you will not have any chance to win if you do not believe that you will lose your money, their policy is to suck all the money of the all the participated members. You can win 10,25,and 50$ and any voucher bids but u will never win 100$ or more and you will pay more then what you will win

QUIBIDS UNDERGOES AUDIT BY GRANT THORNTON! NOT A SCAM!!!

I guess I was correct after all. Quibids is officially not a scam!

http://www.pennyauctionwatch.com/2011/08/quibids-holdings-llc-audit-management-report/

From the Grant Thornton audit report:

"Quibids maintains effective controls to provide reasonable assurance that bids are placed by bona fide users and does not manipulate the bidding process to inflate the bid price or affect who wins the auction (no use of bots, shill bidding, or bidding by employees).

Quibids maintains effective controls to provide reasonable assurance that winning auctions and “Buy Now” orders are fulfilled (i.e. shipped).”

Does anyone know how to remove Quibids? I keep getting pop-up ads for it though I've never joined the site and Safari is configured to block pop-ups.

Strongly RECOMMEND DO NOT USE QUIBIDS BIG SCAM

my account no. 285735, my name is display in latest bidder and i won last month april, but no massage in my email and how received the won goods with not return rest asmmount in my bids account.

I'm from air shall islands,
can I place my bit and get my stuff through post office box?

I love this site, but have got to say, it is getting much harder to win do to the advertising they have been doing. It used to be so easy to win items. But now all these new bidders bidding up the auctions. I've seen new bidders bid more than 15 times on an auction for 15 voucher bids. These newer bidders are inexperienced and just keep bidding relentlessly. They bid against the Bid-O-Matic which in my opinion is not a smart thing to do and is a waist of bids.. I still bid but try to steer clear of "power bidders" and "newbies"

dear sis cant australian people bib on things if why be cause i try to reg want take my pass word or used name not very good way run things if cant ge in two it no matter were you are anywere vin word should be able get in two or state that we only some countst we used my e mail is jeffreypeisley@ymail.com