Great site
:D cool
YIKES- player BEWARE! This site definitely has robots that are planted by Bidfun. For example, TomyS opened a bid on 7/7/11 for $. 02. Now, about 8 hours later, aftr obeserving for almost 4 hours straight, TomyS has bid on auto (after each bid by someone else) and the bid has gotten to@$6.50. Even if you divided this by, say 3 (suppose an extra bidder got i before the robot TomyS) this would be 6500 /3 =$217. More likel, it would be every other bid, so divided by two if the robot outbids each bid- thus it would be $325. Why would a true bidder bid this much? You ca actually buy one through Walmart for under $300. Somewhere between $6.50 and $6.90 the robot became shaza1988. Let's see how muchit bids for... New trick-it is now 6:50 am and the bid is now going up by minutes not seconds, but going back and forth between only two bidders, without even a second in between-just two bidders- shazza1988 and pera251. The price is now jacked up to $7.63. -Shazaa has now already bid at least 35 times =$35. Now it seems like eta251 is the "spy" robot.
In addition, there are several other bidders that keep showing up throughout the night- some of which must have bid over 100 times, even on different items.
The terms and agreements are very difficult to find on the websit, onlythe privacy policy, FAQ and COntact shows I the FAQ it doesn't evn answer he question of if your bid buys the item (like n a real auction) or if you have to pay the prchase price after you win the bid). I am awaitng an email from Bidfun to answer that and where to find the terms and agreements.
I am concuding this review at this point, but I my get back, based on the rest of my results. I don NOT recmmndthis site either!
This site is a load of crap STAY AWAY!
Full of $#*! people avoid if you can
I am in a Paypal dispute with bidfun here is what has happened so far
From Buyer
01/11/2010 23:25 AEDT
Bid Fun is a scam, unfortunately it took a little time to workout that there is no chance of winning a auction and when you don't win I still had to pay.
Pay Pal why are you doing business with these people
Go here to see what your other customers have been saying
http://www.sitejabber.com/reviews/www.bidfun.com?page=2
From Seller - Naxopresence UK Ltd
01/11/2010 23:46 AEDT
All auctions have a winner, and there are about a hundred auctions won every day, so it is definitely not impossible to win an auction, though it is a matter of strategy rather than chance. The fact that each bid costs 1 credit is explicitly and repeatedly stated on the site, including on each auction details page, right next to the "Bid" button and in the robot creation form you used 4 times, as well as on the page where you bought credits, which you used 3 times.
All the rules are clearly stated, everything works exactly as described, you received the credits you bought and used most of them, there is thus absolutely no scam, and no reason for a refund.
From Buyer
02/11/2010 20:53 AEDT
Pay Pal this is a SCAM I found their site when I searched for an auction. This site is clearly not any sort of auction.
The help guide states that the goods are all Australian on the site http://www.bidfun.com.au/
On the site http://www.bidfun.com it states they are all US. However bidding on http://www.bidfun.com.au/ also sees your bid on the US site http://www.bidfun.com which is clearly disadvantaging users and I am not bidding on a US item. This is quite clearly deceptive as if one item is Australian and one is US it is clearly not an auction of an item. My bid is being deceptively used to bid on a US item that disadvantages US bidders and obviously US bids are being used on the Australian site against Australian products. This deceptive conduct is a breach of the Trade Practices Act in my country.
I will not start on the fact that to get a product to a value of $165 would cost bidders over $8000 which is no refundable, this is obscene.
The use of dummy bidding to keep auctions going and therefore make users keep bidding those $1 bids also needs to be investigated and I will also be taking this up with Consumer Affairs.
Bid Fun maybe located outside Australia however the use of an Australian Domain means they maybe investigated and prosecuted under Australian Law.
Quire frankly I do not expect Bid Fun to agree to refund any money as if they had any morals or knew what ethical business practices were they would not be running this SCAM.
I would urge Pay Pal to consider who they do business with.
From Seller - Naxopresence UK Ltd
02/11/2010 22:01 AEDT
Most auctions are common to all sites, which are just localized versions, offering the "right" version for each bidder depending on his country: bidders in Australia will receive the Australian version, shipped from Australia to anywhere in Australia, bidders in the US will receive the US version, shipped from the US to anywhere in the US, etc. The fact that auctions are open to users all over the world is a common practive for auctions, as can be seen on eBay which has been doing so for years, not to mention people participating by phone in auctions in auction houses, etc. There is thus absolutely no "deceptive conduct".
All participants are real, independent people, who buy and pay their credits like everybody else, or won them in previous auctions, and this has already been successfully verified by the competent authorities. They also verified that items are actually shipped to their respective winners. Paypal checked likewise.
As all the rules are explicitly and repeatedly stated on the site, and everything works exactly as described, everything is perfectly "ethical" and there is absolutely no scam. YOU willingly made the informed decision to buy and use all those credits, YOU are responsible for your acts, and it is attempting to blame us for it which is not ethical or moral.
From Buyer
04/11/2010 18:42 AEDT
I have lodged a complaint with AUDA regarding bidfun's eligibility to hold an Australian Domain Name and will be lodging a complaint with the Australian Consumer and Competition Commission regarding unethical business in the next few days.
Simply because I am an adult and I am responsible for my actions does not absolve you and your business from blame for running a scam. Scams by their nature rely upon people from being suckered in to unethical and improper business transactions.
Make your own call people but they are a scam you may as well just send them your money and save yourself the time.
THIS SITE SHOULD BE BANNED... OR AT LEAST BE COMPELLED TO MAKE IT QUITE CLEAR THAT IT IS AN ONLINE GAMBLING OPERATION RATHER THAN AN ONLINE STORE OR AUCTION.
If you do choose to ignore the warnings in these reviews and play on this website, make no mistake that each time you hit the bid button, you are in-fact making a bet and not a bid as you would in a legitimate auction. As many others have already noted, placing a bid on this site is akin to dropping $1.00 into a slot machine - except that I doubt that even slot machines are rigged to the extent of these so-called auctions.
At least with a slot machine, you are well aware that you are betting against a machine that is operated by the casino or club or whatever. In bidfun, you are bidding against their robot who is disguised as another genuine bidder (although anybody participating in this rort should be clearly labelled as a punter rather than a bidder), but after watching one of these auctions run for another 7 hours after the bidding went down to 1 second remaining, it is clear that most of the bids are placed by robots created by bidfun themselves. Just take a look at several of the auctions running simultaneously and you will see that many of the bidders are placing bets in multiple auctions and these bids are amounting to thousands of dollars for just one bidder... and for items that retail for only a fraction of the amounts they are bidding. For example, I watched the same bidders bidding on an ipod nano, a pspgo and a wii and I estimated that their bids in all 3 auctions totalled in excess of $3,000.00 each. That's not bad for items that had a combined RRP of around $1,000.00! So I ask, who in their riight mind would do this and the answer is nobody... that is, at least, nobody who was a genuine bidder.
I also do not agree with those who say that if it looks too good to be true then it probably isn't true, because the principle behind bidfun is sound and there's no doubt they could still turn a tidy profit just by relying on the genuine bidders to push the price up. In other words, bidfun are blatantly rigging the auctions to increase their own profits and not just by a few dollars, but by thousands. I'm sure that if you were caught doing this in a real auction, then you could expect to end up in court on a host of criminal charges.
I think what I find most appalling about this website, however, is the clientelle they are targetting or scamming. Take one look at the items they list and the age group of the people they are predominantly aiming to screw-over becomes quite apparent... ahhhhh... just like taking candy from a baby eh guys?
And on a final note... Paypal should disassociate themselves from this scam real fast and before they also find their integrity being questioned when these guys are finally brought down.
SCAM RIPOFF CRIMINAL
This site is a very, very cleverly designed total ripoff!
You buy credits for one dollar each. You then bid on an item with a very low price. Sooner or later someone 'wins' the item.
The details? You are locked into a one dollar bid (one of your credits) but that 'bid' only increases the item's price by 2 cents! The math? 2,000 people bidding one dollar at a time will increase the item's price by ONLY $20! This LURES hundreds of people to "SIGN UP NOW!" and try and get an item for a fraction of it's current store price.
Here's the criminal ripoff: YOU LOSE YOUR CREDIT ($1) AS SOON AS THE NEXT BIDDER BIDS! NO REFUND! That means 5,000 people each bidding ONLY 1 credit (your $1 credit) will increment the auction price by ONLY $50! YIKES!
If you see an item, like a $300 Sony PlayStaion 3 going for $30.00 then that means 3,500 people have bid 1 credits each to increase the auction price by 2 cents each and THEY HAVE ALL LOST THEIR MONEY!
To make matters MORE criminal, they add 20 seconds to the auction FOR EVERY BID! That means if you are sitting in your chair watching an auction for a Sony PS 3 and yours is the last bid when the auction counter hits zero, 20 seconds times all the bidders is added. Even more criminal: they do this when the auction ends by adding 20 seconds in groups of minutes, not hours that are the true extension due to thousands of bidders bidding.
Who wins? The last bidder (if there is one aftyer thousands of people have been ripped off of thousands of dollars), and BidFun.
EXAMPLE:
An auction is listed for a $300 Sony PS 3.
You buy credits ($20mminimum of course!)
Each time you bid on this item you raise it's final auction-end price by 2 cents.
Someone else sees that a Sony PS3 is going for 10 cents. They sign up and start bidding.
Everyone gets nutty because they haven't read the hard-to-follow rules and bids like crazy.
The auction-end counter keeps on going and going after the original auction end time, for up to hours. This entices more people to sign up.
You can have a 'ROBOT' automatically increment your bids when you are overbid: actually - 'auto rip-off of non-refundable dollars!
Someone (theoretically) finally wins the Sony PS 3 for, say $60.
$60 means that the auction has been increment by two cents 3,000 times!
BidFun makes $3,000 PLUS the $60 final price, for a $300 PS 3 (if they paid full price for the item and not wholesale).
That means BidFun has made $2,760 dollars profit by rigging a false-increment locked-in-bid-amount NO-REFUND-ON-YOUR-BID scam.
$2,760 for a $300 game!
It's a crime.
Most people are caught up in the low price of the auction and get a dizzy until they lose hundreds of dollars and sign out or figure out the scam.
Buyer Beware! This non-refundable bid auction scam is popping up like weeds in the summer all over the internet.
Everything bad that you have read above about this website is true, in my honest opinion. I found it this morning at around 4:30 a.m., and spent $50 first, just to bid, thinking I had a good chance of winning something at that hour of the morning. Then, when I consistently lost the bids, spent another $100 (I know, I'm an idiot). Anyway, I noticed that the same bidders kept bidding up each item, even the items few would want to buy at the prices they indicated they would cost, such as the Kingston Capless DataTraveler USB Key-16 GB which they said costs $46.00. Anyway, someone kept bidding up this little gizmo, the same someone I had lost an earlier bid to, and it just didn't make any sense that anyone would pay $2.00 (translated, $200) for that! So, I started keeping track of all of the automatic bidders and their frequency, and it is most definitely a fraud in my opinion. There rare at least 10 automatic bidders who seem to come in at a certain price point to drive up the price. Once they hit their margin, another bidder comes in and drives up the price, and so on. I will tell you that I became grimly determined not to walk away with nothing, and after six hours of constant bidding, jerking awake at the computer, and hanging in there, I finally won a Sony PSP Go! Console for $46.06 (free shipping, and why not, it cost all of us bidders $4,606 for me to win this console!--don't forget every bid costs a dollar, but is worth only one cent so bidding a dollar is worth $100 dollars). I actually spent about $90 to win this thing. What a setup. The other surprise is, once you win the bid, you have to pay for the item separately from the money you have already spent to bid. Therefore, once I won this durn thing, I left money on the auction table, and that makes me mad, too. Don't do it, your money and your time will be wasted, and you will leave the site with a sour taste in your mouth and an empty pocket.
For those of you who say it isn't a scam, just a cleverly set up auction website, it is a scam when they use their own robots to drive up the prices. Had you spent the same amount of time I did, writing down all of the bidders- willie2buy, dmeleard, stephdegu, hrv59, mimioct, jejln, laugae2, emmastubbs70, risqueur, nyataige, all of these bidders bid on every item over and over again, for hours, on automatic. That costs thousands of dollars. Would you, in your right mind, bid thousands of dollars on a gizmo that only costs $200? You could go to the store and buy it if you had that kind of money, couldn't you? So, it's not just that you lose the bid, it is that you are set up to lose. And that is not right, nor is it fair.
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