Amy W.

OK, I watched this website a while and at first thought, 'this is a good money maker for the owners.' This was when I thought the bids were 10 cents a bid. Then I looked further into it and discovered the 60 cent bid cost! OMG, do the people understand how much the owners are making on that iPad that goes for $200 on Quibid, that cost $600 normally priced? Well if they have bots pushing up the price they are making less than it seems but... they are robbing people by making 1000% plus profits. The winner may make a deal but with all the subsidies from the other gamblers, the final cost is too steep.

When I looked the 65GB iPad was close to $150. Since there are 2 types of bids, 2 cent bids and 1 cent bids, the website owners had already made between $4500 and $9000 on bids alone. Seems like robbery to me. To make a 640% to 1280% profit from MSRP (I'm sure they buy in bulk for half though) for a product that they didn't have RD in, should be considered immoral. It is one thing to run a gambling site, that is what this is, and run a good profit, it is another to screw the many who don't get it. These people are raking in bidders money and making millions. It doesn't take long for them to make, millions off other people's losses. I understand gambling is fun, and there are statistics of when to play, time of day, price of product, etc... but there should be a limit on the percent won by the house.

This site is making millions of dollars a day off people's ignorance. Bids are way over priced. The chance of winning and the true final cost are way too steep.

If you win a $100 Kindle at Quibid, thank all the other idiots for subsidizing a $6100 dollar Kindle + taxes and shipping. You would think they would cover shipping at least!