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I gave them my $60, studied the game, bid on a small item, a $100 voucher at 60 cents a bid on quibid, burned through all of my $60 in vouchers and then they posted that the item sold for $8.94.
I am an idiot!
Gordon Y.'s review of QuiBids earned 10 Very Helpful votes
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I am sorry to hear you had a negative experience with the website. If at any time you do not successfully win an auction, there is the Buy Now option available. The Buy Now feature offers you the chance to purchase any product at any time during the auction and for up to 2 hours after the auction ends. By utilizing the Buy Now feature, an investment of real bids never has to go to waste. Any ‘real’ bids you place in an auction will be discounted off of the Value Price.
Below is an example of how your discount Buy Now price is calculated:
Value Price: $100.00
Discount: Real Bids Placed x Bid Price: 100 x $0.60 = $60.00
Buy Now Price: $100 - $60 = $40.00 + Shipping/Taxes (if applicable)
I hope this helps provide some clarification! You can find more information regarding the Buy Now here: http://blog.quibids.com/how-to-use-buy-now-to-your-advantage/
Regarding the $8.94 that the item sold for. All auctions start at $0.00 dollars. When a participant places a bid, the price goes up one cent increments. Once the auction ends, the winner will pay the auction price.
If you have any questions or concerns at all, please feel free to contact us at support@quibids.com or call 1-855-QUIBIDS (784-2437) or 405-253-2038 anytime Monday-Friday 9AM-5PM CST and we will be happy to further assist you!