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DealBid has a rating of 2 stars from 2 reviews, indicating that most customers are generally dissatisfied with their purchases. DealBid ranks 141st among Penny Auction sites.
I guess all penny auction sites may be legal as a business model but in spirit are misunderstood and make money on the gullibuility of people with greed. The site makes you think you can win a costly thing for a riduculously low price if you buy thier auction bid opportunities and keep placing till you exhaust them. Its actually looks like a gambling under a cloak This feedback is not just for ipennybid but all sites that operate on this model. Customer beware. Nothing comes free. Even this advice since i have spent some money on sites like those before writing to all
I guess all penny auction sites may be legal as a business model but in spirit are misunderstood and make money on the gullibuility of people with greed.
The site makes you think you can win a costly thing for a riduculously low price if you buy thier auction bid opportunities and keep placing till you exhaust them. Its actually looks like a gambling under a cloak
This feedback is not just for ipennybid but all sites that operate on this model. Customer beware. Nothing comes free. Even this advice since i have spent some money on sites like those before writing to all
I am skeptical, Ipennybid even asks for scans of users driver's licenses/ identification cards. Read http://www.pennyauctionwatch and please discuss your experiences with ipennybid there & here. Best Regards
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