Bidfire and other penny auction sites are at best no more than gambling sites masquerading as auctions. Unless you are in the mood to lose your hard earned money, I would look elsewhere for deals and entertainment.
Fun site! You are on your on insofar as how you bid but the site is straightforward so far. You can get carried away and loose your shirt if you start bidding without having decided clearly how much you are willing to risk for any item. Customer service has been pretty quick and mostly helpful. It is not a scam and since we live in a free world bidder beware...
This site has fraud written all over it! It claims huge saving by showing you that the customer has just won an item for $9.50, in fact the bid was $950.00 US dollars. Each bid is ONE US DOLLAR not one cent as it shows on there website. Also the "30 second rule", you'll love this. Just watch the bidding get down to the last 30 seconds or so. This could go on for hours. My advise to ALL, this site is very misleading and almost criminal
Maybe I'm just lucky, but I've won 50 free bids and a very cool set of Altec Lansing Headphones! And I still have 22 bids sitting in my bank! Sit back and watch before you bid and learn about how it works. It's not a scam and you really can win! I did!
I ran numbers and though the site charges way too much per bid, if they have bots, they would need to double the amount of bids to break even. This is NOT a sound solution based on the retail rates. I think then when people post reviews about bots-scams, they are usually due to lack of insight and not based on any real intelligence about what they are talking about. Kinda like our government
Think of it just as: you giving gifts worth hundreds of dollars to people you don't know. The site sells an item that is worth $200,30 people bid an average of $10 each = $300 for a $200 item, they make a $100. If you loose it's like you have paid for somebody else's computer or ipod... cool.
Another site that makes it seem like you can win a $400 item for a bid of $0.20. The claims of costs are very dishonest. They are making tons of money on people's desire for things that dozens of other people want too. Only one winner and dozens of suckers per item.
I have bid for and won an ipod nano, 25 bids, and a fuji film digital camera for all under $100 including the amount I payed for the bids! This site has saved me a ton of money. There is no way I could have gotten these items new for that price. You just have to pic your items wisely. If you don't have a lot of money or bids, don't bid on the expensive stuff, just pick the smaller items. But if you have a couple hundred dollars to spend on bids there is a good chance you could get a $500 Ipad for $200.
There is no set time for auctions to end. If someone bids with 10 seconds left till the auction ends an additional 30 seconds is added to the auction time.
Considering the fact they sell you the ability to place bids, they are in fact just ripping you off as your bid is wasted when there is not set end time for the auction.
The only thing I have to say is I one a wii fit for $2.85. My friend won an X-box 360, wii, and several other items all for under $10 a piece. There is no way it's a scam. Each item has one winner and then there are several people that didn't not win. Those are the people that are saying it is a scam. Thanks onie.
This site's business doesn't create any value in general. It's like a casino to users who know how it works. I don't got evidence to say they are cheating besides their business model. If you say casinos are scams then bidfire is scam.
If you realized all these and still wanna try your luck, you're on your own.
Most people lost their money in casinos.
I watched a couple kindle dx auctions both times it was obvious that inside bidders are both pumping the real bidders for all their cash and also that the inside bidders are also the "winners". They stay on as long as there are outside bidders bidding and then as soon as the real bidders finally give up and leave the last two insiders go back a forth a couple times and then one conveniently quits. I've seen it happen with each auction i've monitored. STAY AWAY! I would love to be able to find out if amazon ever gets any orders for the product from this site. I'll bet not. This is utter scam.
Bidfire is insane. You have to buy bids at a dollar a pop. There are only a few items up for bid. Every bid starts the timer again at 45 seconds. It is virtually impossible unless you have an unlimited amount of bids because you are competing with people all over the place. If you're gonna buy bids, then you might as well fork over them money and buy the product outright. SCAM! They are making a killing out of people buying bids who will never get a chance to win!
I am going to disagree with all the negative comments. This is NOT a scam site. I have won 2 awesome items at fantastic prices. One being a new Kindle DX. I won the item for $6.80, bought $20 in bids (20 bids each is a dollar) and paid 9.99 for shipping so my $489 kindle cost me $36.79. That's a great deal! I have also won a new I pod touch 64 gb for 1.65, another great deal (with bids and shipping spent $22.65) Sure I have bid on other items and won nothing but that is the rules of the auction.No one HAS to bid or buy more bids. Sounds like a lot of these complaints are from people who are disgruntled at having not won anything. For me... I will be going back to bidfire for more.
I won a Playstation 3 around Christmas time. I think to do well on this site takes: 1) patience 2) knowing when to stop (knowing your limits) 3) luck. I knew I was willing to spend a certain amount for it, bids and winning price, and made sure I understood that there is a certain amount of gambling to it. If you know what you're getting into, it is possible to win. I am very happy with my "win".
Brilliant business Model. 20 to 1 gain on each dollar bid. Also, people think they "have a chance" to win stuff drastically under retail. There's a chance, but it's a small one. To win, you have to be lucky, end of story. You can have a great strategy, i. E. wait till a few people have bid over 100 times so it's less likely they will be able to financially keep bidding, and then go in with 100 or 200 bids. But, new people can always jump in, bid 5 time after you've bid 200, and you give cut your losses and give up. The winners who make out well bid on small ticket items that few people bid on, or those who bid hundreds on times on big ticket items and get lucky enough that another big bidder doesn't join them near the end of their threshold. Have fun, but don't try to use bidfire to make profits...
I was told about this site by my brother. We both put in $50 for bids and both walked away with worth more. I got an Ipod Nano for a $1.50 plus my initial bid costs... Total $51.50 for a $180 Nano. You can't beat that!
I just stumbled across this site and watched the bids for a while. The current bid, a $100 instant cash from Amazon, seems "stuck" at 25-23-24 and then back up to 25 seconds without anybody placing the bid. That showed me that this is a scam site and I'm glad I didn't fork over any money for bids. Trust the old saying that if something seems too good to be true, it never is a good thing!
Pretty cool website with lots of cool electronics auctioned off daily. I tried it out by buying a $100 bid package and ended up winning an auction on a $399 (retail price) iPod Touch 64GB which included a 50 bid package. My final bid was $51.56. Even though I used up all the original 115 bids plus the 50 free bids later and spent $151.56, I did end up with a really nice iPod that would have cost me $400. This is gaming in every sense, so you won't always win, but it's really cool when you do.
Alot of you are saying this is a scam site. Find one person that won and hasn't received or isn't happy with what they won. I personally have won an Amazon Kindle for a fraction of its price, among other things. It's kind of like BINGO, yes you pay to play and someone IS going to win. There is some skill as well as some luck involved, but if you keep at it you will probably get what you're after. I did! Thanks to Bid fire. (Kenny)
Overview
The company operates in a competitive penny auction space, attracting mixed reviews from customers. Positive sentiments highlight the excitement of the bidding process and the potential for significant savings on various products, with some users reporting successful wins. However, a substantial number of reviews express concerns about the business model, likening it to gambling, with accusations of misleading practices and potential insider bidding. While customer service is generally described as responsive, the overarching sentiment suggests skepticism regarding the fairness and transparency of the auctions, indicating a need for clearer communication and improved trust-building measures.
This summary is generated by AI, based on text from customer reviews
- Sitejabber’s sole mission is to increase online transparency for buyers and businesses
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- Sitejabber’s sole mission is to increase online transparency for buyers and businesses
- Sitejabber has helped over 200M buyers make better purchasing decisions online
- Suspicious reviews are flagged by our algorithms, moderators, and community members