TR M.

Quibids is the cream of the crop for penny auctions. Don't get me wrong - you have to understand the penny auction paradigm. You buy bids - at say 60 cents each. Then you make irrevocable bids on a variety of great items from computers to vacations, cameras etc. Remember that once you place the bid, the 60 cents is spent. The idea is to strategically bid until you're the last one left. This can take a few hours for the bigger ticket items and requires discipline and patience to win. And you might not, so don't spend more than you're willing to lose. Just like Vegas. But the savings can be incredible. A $6000 Australian vacation went for $214 the other day. But remember that $214 translates to 21,400 penny-bids that cost 60 cents each. So the seller got roughly $12,000 for a $6000 item - but all the losers combined paid for that - to the winner's benefit. There are $25 - $50 items for the timid, so don't lose hope to win. You can if you're patient and smart. Anyway, Quibids is the best of the bunch. I've won a couple thousands worth of merchandise combined for hundreds of dollars. Not bad - and kinda fun.

I won a 42" LG HDTV on December 31st 2010 and an 8MW iPod shortly thereafter. I paid for them just as told and have been waiting for them to be shipped ever since. In mid-January I got an e-mail saying they were backed up and I just had to be patient. Strangely, their website has been down for "scheduled maintenance" ever since then. Checking the web, there are several people in my exact situation - having been told exactly the same thing. My BBB complaint appears to be going without response. As of 2/14/2011, BBB found out that their address is virtual - that there are no offices or people at the address they list for their business. Want a penny auction? Go to quibids. Their BBB rating is "A" and they deserve it. Prompt courteous and delivers on time.