I don't understand all the negative reviews for quibids. I do understand that if you purchase bids and decide to blow all of them in one auction, and don't win, you'll have a crappy experience, but that's nobody's fault but your own.
First of all, this site is mostly for entertainment, like playing the lottery. Every time you throw down a bid you're gambling away 60 cents of your money. You must understand this going in and the site has plenty of information that explains how the auctions work and encourages you to start out in beginner auctions so you can get a feel for how everything operates.
I recommend people read all the info on the site and watch the auctions before signing up and purchasing bids. It's your money, so why rush into this.
I have only entered a couple of auctions, winning a $25 gift card to Home Depot for about a dollar and a Jawbone II bluetooth earpiece for 80 cents. I only bid twice in each of those, so add the $1.20 I spent on bids. It was clearly a steal. I have yet to bid on any big ticket items like a plasma screen tv or an iPad, as I'm sure those are a bit more competitive, but my experience so far has been positive. And no, I'm not a quibids employee.