Ron A.

If you understand what is happening, then Quibids is "ok" I guess. Maybe my big struggle is the fact that most people do NOT know, and that Quibids is making HUGE profits on its "inventory". Quibids is NOT an auction. Not really. IT's more like a controlled "raffle", or better yet, like taking several pulls at the slot machine trying to hit the "777" along with hundreds of others at the same time.

The LONG:
Consider an example of a recent "auction".
Some people thing the site is a scam. There is really no reason for Quibids to shill their own auctions considering a $1,800 MacBook Pro (costing them about $1,400 wholesale), will fetch as many as or more than 30,000 bids at a penny each.
Understand that every bid costs the bidder 60 cents, and only raises the purchase price by a PENNY.

Recently, a MacBook Pro sold for over $300.00. This is a "great" deal for the lucky winner. I say Winner because what people are really doing is buying RAFFLE "tickets", or as Quibids calls them, "Bid Vouchers".

Do the math on this auction, where the lucky winner won the right to buy the MacBook.

300 dollars equals 30,000 bids at 60 cents each (remember there may be several bidders trying for the same item, and over a period of 5, 7, 10, 15, hours, this is a FACT.

Most new users buy a bid package that costs $60.00. This 60 bucks gets the new user 100 bid tokens (vouchers). What does that represent in the aforementioned auction?
ONE-DOLLAR in bids at a penny increment each, BUT, at a cost of $60.00 going in.

So, it is easy to see how this bidder can bid him/herself right out of $60 and have nothing to show for, except for an option to pay FULL retail for the item minus the bid costs.

NOW, I am not saying this is a RipOff, but, people NEED to understand what is happening, and remember that they essentially, ARE gambling to win an item of value. The ONLY redeeming factor is that you can buy the item as stated above, if you don't win, therefore, if you are/were planning to make a MacBook purchase anyways, you may consider taking the gamble, and if you lose, make the Full-Retail purchase.

There are lots of items in Quibids. I "won" a Kaloric Water Kettle for 4 cents and about 6 dollars in shipping. I "won" a knife sharpener for 2 cents and about 6 bucks shipping. The "retail" value of those 2 items was about $60.00. I "spent" my other bids trying to win a MacBook, so in the end, I PAID for my items in full. Of course, I didn't win the big item (MacBook), AND therein lies the question... Does Quibids let users win the cheap stuff and then shill out the expensive stuff?
The answer is: how would we ever know? We can't know, They really don't need to have shills, because; using the MacBook Pro example above, let's look at the AMAZING math in favor of Quibids:

Quibids Wholesale cost of the Laptop?: About $1,400.00 (retail $1,800.00)
Sold for: $300.00 (equal to 30,000 bids, at 60 cents each, giving Quibids $18,000.00 in bid revenue). Remember the bids Cost the user 60 cents each and the bid goes up only a penny each time you bid. There are several people bidding a penny at a time costing them 60 cents for EVERY bid.

Here is the final math: (note, this is an rounded-off estimate of an actual auction that closed recently)

30,000 bids cost the aggregate bidders a total of $18,000.00! EIGHTEEN-THOUSAND Dollars!, for ONE laptop.
One lucky person wins the item for $300.00, PLUS the number of his/her own bids. This is variable. I seen what appear to be people who've walked away with a win after only bidding a few times, and others (the stubborn ones) bidding hundreds of times.

IN the end, there is NO reason for Quibids to cheat. They are Raking in over $18,000.00 on this one auction alone! One lucky winner and a BUNCH of losers.

FINAL NOTE:
To come away a winner at/on this site, ONLY attempt to purchase items you are in the market for, and at the very worst, you will pay FULL Retail plus shipping costs. Quibids seems to price/value their items at the Highest of Retail Value. Especially on the junky stuff.