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I saw the website on a newscast from Okie City. I decided to give it a try and I knew my cc was charged $60.00 for 100 bids. The problem is they mislead you about how the auction works. I didn't realize that each bid was only worth 1 cent. (had no experience with penny auctions... durr) The item was 250 voucher bids. I got no higher than $4.82 when I ran out of the 100 bids. The item finally went for $6.25 as reported by big green numbers and in very small numbers the REAL bid was $133.00. I then could have bought the item for $90.00 and that would have meant I had paid a total of $150.00 for the item. That would just give me more 1 cent bids to blow. Seemed like a risky bargain. As for the 133 real bids, I know that the other 4-5 bidders did just as much bidding if not more than me. Of course I had no way to check the amount of bids the others made but I KNOW it was more than 33 since I had used 100 real bids of my own. I guess I'll just cut my loses unless I happen to see a class action suit. I would expect that might happen if possible.
Linda N.'s review of QuiBids earned 18 Very Helpful votes
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We try to provide as much information upfront to inform potential customers that QuiBids is a pay-to-participate site, Linda. Bids cost just $0.60 and can be purchased in bid packs at the Bid Store or in the QBar. These bids are pre-paid and stored in the Bid Credit History section of My QuiBids. Each time you place a bid; it will be deducted from your remaining bids, and will increase the price of the auction by one cent. No more than 20 seconds is added to the timer whenever a bid is placed. This allows another user the opportunity to bid if interested. It's just like the auctioneer shouting “Going once... Going twice... SOLD!” at a traditional auction.
And also just like a traditional auction, you win by being the last to bid. Once you pay the final auction price and shipping costs, the item is yours! Please feel free to visit the link provided below for further information:
http://www.quibids.com/en/help/faq/15-How-does-QuiBids-work#81
Also, Please contact our support team via email at support@quibids.com and we can answer any further questions you might have.