lenny h.

Read to the end. My stats over about 1 week, won 10 auctions (all items i would have never purchased) total investment 225.00 (real money). Breakdown: 7 (merchandise) 3 (vouchers or bids that can be used only for guess what? More bidding). Total retail value (from Quibids) 214.93(merchandise) + 54.00(vouchers/bids) = 268.93 - 225(original investment) = (+43.93). Not bad right?, lets look closer. First winning vouchers are worth 0 actual dollars they are "bids only", like trading 45 rings for 85 rings (+40) at the "ring toss" game at the fair (you get more chances not money). Still sounds good? Lets look closer. First, the "retail" total of my items was 214.93 but i found almost all items lower priced elsewhere (walmart, amazon etc) for a total of 140.39 or a difference of 74.54, that just turned my positive return of +43.93 into a loss of -30.61. Not too bad? Ok lets go deeper. The cost of all the items i won was 37.02 including vouchers (quibids would say i spent only 10.02 as again voucher bids = 0 in an auction (this how they DECEIVE you in their statistics). OK so wait, where did my other almost $200 go? Loosing other valuable auctions. Although i did alot of research on more valuable items (nothing over 69.95), checked winning avg, highest win etc over many auctions (about 30), suddenly when i went to bid (and using the bidOmatic) i was just raised and re-raised out for record highs, 3 and 4 times higher than any previous win total, was this just a coincidence? Well, it sure would be easy to let us win a few small items just to end up bidding against "the company" a plant, or some robot that wont stop until you do. That would explain why there are such "anomalies" in the history, like an item going for 4x higher than "normal" or someone/something bidding 3x over the listed value, that is insane or is it? OK so whats my bottom line? 1. I got a deal on some things i would have never purchased on my own so only bid on things you would go buy retail BUT if you would go buy them retail, then go buy them somewhere else at a lower "normal" cost (no one pays retail online). 2. Are there plants/robots/imaginary bidders used to inflate the auction MAYBE (very easily done) NO MATTER HOW TRANSPARENT THEY SAY THEY ARE, haven't you learned by now, anybody can say ANYTHING on line (including me). They say there is an independent researcher, says who? Who's verifying them?, The guy below is right when he likens this to poker sites (that got caught cheating). My recommendations: start with claiming the true winning bid including vouchers (you claim a $ value in a voucher auction), claim it the same way in a winning bid for a TRUE total. Show a total history of the auction with all bids (like e-bay) not just the last 10. Show who is locked "IN" to an auction, then there are no surprise guests/robots etc. Include a way to comment on bidders (like ebay) so we know when someone/something has a crazy insane bidding history, OH WAIT YOU WOULD LOOSE MONEY BY REALLY BEING TRANSPARENT. Think how much money a site can get just by a little $225 experiment like mine, I wont be back, too many questions that cant be really verified, ill just enjoy my 225 dollar towel rack, cut resistant glove, foam pillow, tool kit, tv tray, golf umbrella and camera lens coffee mug, what a steal, lol