It's not a scam. But, good Lord, is it BORING! I'm not at all convinced it's a good deal, though. Yes, you can get things for pennies on the dollar but nobody ever tells you how much they've spend in buying bids. In order to succeed at winning bids you must: A. Keep sharp a object close by so you can stab yourself once in a while so you don't fall asleep. B. Decide your time isn't worth more than a few bucks an hour and C. Have no life. According to their website, they'll refund unused bids. I just requested a refund for half of the bids I bought.