As others have said, this a complete scam. The chances of getting items worth hundreds of pounds for anything less than their high street value are so small it's ridiculous. And the more people who hear about the site and join it, the higher the final prices will be - it's a lose-lose situation for everyone except the proprietor.
I paid £34.99 for credits. I did not know that if the item you are bidding on went over this amount, then that's it! You cannot bid anymore. My £34.99 was gone - just like that! What a con. Do not use the site. I could have bought a lovely Christmas present with the wasted money.
Only a few items being auctioned at a time and you need to sit there all day watching it. Didn't have the time to do that so turned on the auto bid. Half an hour later fifty quid down I was out of credit with a massive £2 discount to claim. It's a massive rip off and waist of time. What a con
I discovered Madbid a little while ago and was instantly hooked. I've gotten some real bargains and everything has arrived promptly. On the occasions when I've had a little difficulty the customer service people helped me out really well (AJ and Lolita, excellent customer service staff).
I have to rate it highly because I've had a great experience on the site so far and am looking forward to seeing what they auction in the future.
This is a scam. You have no chance of winning anything. In my case I closed the account with then them they removed money from my bank account even though I had credit left on my madbid account. Walk away from these scammers I am contacting trading standards
It is not as simple as you think... I have tried it and ended up with nothing and spent over $300.
Buyer beware this is a con. You run out of credits very fast. Their ads say one thing but the reality is completely different.
Do Not Be Fooled by this!
This site is a joke I put £100 in got 2000 credits bid all of it on one item and didn't get close the only reason I had a go was I read an article by a reporter on msn he said he won first time! Be aware of any stories of winners they don't reflect an accurate account of what your in for if you put money into this site I feel totally stupid that I have gone against my own judgment and thought that something I read on a trusted site (msn) was anything more that Internet advertising lies. I will now read reviews on sites such as this before doing anything like this again
It may take a Little while to realize a bidding strategy, but once you've played enough the benefits become really great compared to the expense. The products are awesome most of the times and you can always spend your discounts if you get unlucky with the bids.
I love it
My adventure at Madbid site began in 2014 and I am still a happy user and customer as well :) I have bid many great brand new products here on Madbid so far, I am going to try my luck with bidding in the future too. It is not always easy and possible to win anything here but if you are patient and a good observer you will get your reward. Nobody loses anything on Madbid because if you're not lucky enough you can always buy exciting things at madbid shop for earned discount, you cannot lose your money at Madbid because for lost credits you are awarded with earned discount which you can spend on new high quality electronic gadgets at their shop. I can honestly recommend Madbid :) This is my most favorite and exciting site.
A joke, an unfunny one at that. If you spend a little time examining their "system" you can soon see how they can manage to auction items at up to 90% off their RRP. It's next to impossible to actually successfully obtain an item and the window between when an auction officially ends and will not accept more bids is to me dubious at best. Avoid.
Absolute scam merchants... i registered... bought some credits, used them... and de registered all within an hour, and the took the total of £119.97 in some top up scam without me knowing... after i had de registered... i have emailed the scam company several times... but just get an automated response back... would love to know where they operate from... i would like to collect my money personally
STAY AWAY from Madbid. It's a very clever way off ripping you off. Read all other reviews before you spend your money for so called "credits". Because you will never see your money again. Winning a bit? Yes it is possible, but only if you waste hours bidding and spend lots of money for "credits". Believe me it's not worth a hassle. Hunt for your bargains somewhere else.
I have recently joined mad bid, and I have bided for almost 100 bids. However after I have decided to leave the website, they refused to refunded my account with the remaining credit. I even said forget the credit you reimbursed me. I just need my money the one that was left in the account. To everyone don't ever think of joining this $#*!ed up website, as they are scum. You are not going to win nothing. Save yourself from extortion of this website.
I only won two very cheap items with the free sign up credits and a small credit package I won with these. Have never purchased credits as they seem to be quite expensive. Can be addictive and should really be rated as gambling! Although goods won did turn up in a timely fashion and excellent condition. Unfortunately not very up front with the p&p charges so 2 of 4 stars!
If you feeling lucky and have some spare time, madbid is the place to be. Have been lucky to win some awesome items, beats headphones, retro handheld consoles etc. Its a game of chance and patience, try your luck!
Patience is key, thanks Lee
What an absolute scam MadBid.
Paid £100 for 2500 Credits but now all used up & nothing to show for it and basically I was ripped off.
When I did bid for a decent item I got a server error or network congestion error & suddenly the bid was closed & won by someone else... basically MadBid are running bots and they are a fraudulent gambling company.
MadBid what a crock of $#*!!
A win is always a bonus for me on Madbid, and I have certainly had my fair share of them. However is the fun and thrill of bidding after a hard days work that I most look forward to when I log into my Madbid account. Give it a try, it might just be your lucky day
Thanks Amanda
I recently won an auction on the MadBid site and had a question about the item that I had won.
Emailed the support and was very happy to have a reply within 24 hours.
My questions were answered quickly and efficiently by Edwin, who is an Operation Executive with MadBid. I could not be happier. Shane :)
Thanks Shane, you've made Edwin very proud!
This has been said before, scam, rubbish, con, fraud and any other word you can think off!
If only I'd read how it really works on the Wikipedia site I would never have signed up and spent my hard earned money on absolutely NOTHING. Paid for 275 credits and they disappeared within 5 Mins, that was on my first bidding session, I got nothing and they refunded my 275 credits which on my next bidding session lasted 1 Minute. Now that's good value, NOT! You have got 2 hopes of winning a bid on this Fraudulent Web Site Bob Hope and NO hope! Steer well clear. How can this be reported? As this site is ripping people off, this totally unfair trading and I only lost 27 quid!:-(:-(
1) auctioned items dropped from 20 to 6-7 every day;
2) With the accumulated discount it is no longer possible to buy anything, since the few items on sale sell immediately;
3) The items on sale are not sold individually but in packages with completely useless little objects.
Overview
MadBid has a rating of 3 stars from 397 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with MadBid most frequently mention and customer service. MadBid ranks 9th among Auction sites.
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- Sitejabber’s sole mission is to increase online transparency for buyers and businesses
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Hi Richard, sounds like you didn't win the auction you were bidding on. What are you going to buy with earned discount you created?