This site is a complete scam. It cost you $. 60 per bid and every time a bid is made additional time is added to the clock ensuring that you and others will make more bids.
Please contact your state attorney generals office and the BBB. The business is operated out of Oklahoma. Additionally dispute the charges with your credit card company. Websites like this should not be allow to operate in this fashion and we should take it upon ourselves to make sure these scams do not go un-noticed.