QuiBidsReviews 3,064

This iste is nothing more than a rip-off. The auctions go on until you pay full price for the merchandise, and then they act like you got them for $19. You could never possibly get the items for a few dollars the way it operates with never-ending bidding you have to purchase. Once you are into them for so much money, you are left with no choice to pay either more than the est ret price; which is inflated, or simply just purchase the item to recoop some of your investment. THIS SITE IS A HUGE SCAM!

Very interesting, but VERY DIFFERENT. Learn the ropes and you'll do well. Try to act like you're on eBay and you'll get hammered. The "price paid" for the item is nearly irrelevant... since you pay to bid, most of your cost will be in the bidding. Virtually all of the negative reviews I've seen about Quibids don't seem to grok that concept (although to be fair, some of Quibids ads could be clearer on the subject).

Develop strategies to reduce the number of bids you post to an absolute minimum - either by jumping in late, waiting until only a second or two is left on each round to see if others will jump in first, or finding times when fewer people are bidding (middle of the night, during the workday, etc). I've actually seen bids posted before the auction starts - you're wasting money, people!

Cool concept... I like it, and I'll be interested to see how it evolves. (They're pretty new, and still send personal responses to feedback.)

I came across an ad for this site while surfing the web and checked it out. Thought it was a cool concept and watched the bidding and site for a while and decided to potentially throw some money away and give it a try. I bought the $27 bid package and went into the newbie bid portion of the site and won 25 more bids for 3 of my bids but when I redeemed, it cost me the $. 30 to win the auction plus a $2.00 transaction fee. Ok, decided to go further. I quickly realized it would be stupid to bid on the popular items unless I had hundreds of bids so I saw a bathroom scale which by chance I needed a new one, and started bidding. I wasted about 20 bids and actually won the scale. Well when I went to my account to claim the item I found out it would also cost me $8.99 shipping. I think the winning price was $2.37 so with shipping for a retail value $33.00 scale, still not bad until you take in the fact I wasted my other bids on items I didn't win and ended up paying $29.30 for bids and another $11.36 for the scale for a grand total of $40.66 for a $33 bathroom scale that I probably could of found on sale at Walmart for cheaper. Not a good deal and definately a scam for stupid people like me. I will not go back to the website. At least I ended up only loosing about $7.66 which could be written off to shipping and handling costs, I can see how some could lose hundreds if not thousands of dollars if they have an addictive personality. I will look forward to the upcoming reports of this site being shut down and fined for illegal dealings. Probably a good story on 60 minutes in a year or so. Do yourself a favor, don't spend the money to check it out for yourself like I did. Total waste of time and money, STAY AWAY!

I signed up for QuiBids, and in their introduction they mention different items and that
You can even bid on "bid vouchers". Well, I think that there is fraud or the functional
Equivalent of insider trading. Generally, in an auction the host is not supposed to
Manipulate the bidding. Specifically, agents (of computers applications) are not
Supposed to be involved in the bidding. I have noted that on at least 3 occassions
This happened. OK, you are bidding for a voucher of 250 bids, at 60 cents each
You can buy it for $150.00. These "purchase bids" reduce the cost of buying a
Product with your bids. The "voucher bids have zero value". Anyway, I watched
Intensely the result of the winners. Someone named Elisa, won the 250 bids, but
She spent 677 voucher bids to win it?(not reasonable). Another winner Wombat,
Spent 365 bids to win only 250. I have more examples where the winner spent
More bids winning than they won, for example for 100 bid pack they spent 180
Bids. Just a few moments ago, I lost on a 250 bid pack to Pattison who spent
257 bids to win the 250 bid back. My assertion is that they can use several fictitious names, use limitless proprietary bids, outbid you, and essentially
Defraud you of your money as a scam. You can get lucky and buy something
Cheap, but I would avoid the "big items", I think they will just steal you bids
Back away from you.

Well... be very careful! I bought a block of bids for $48.00. I did win a beginners auction for another small block of bids for. 20, but then they charge you a $2 transaction fee (what for?! - they just add the bids to your account). After a lot of wasted bids, I did manage to win a $25 and a $15 gift card. You pay the winning bid, plus they charge you $1 - $2 for shipping. I thought OK, I'm going to get the gift cards in the mail. A couple days later, the gift cards are delivered to me electronically - why do they charge for shipping?!? I'm probably luckier than most - I spent $50 to win $40. My only advice would be to go after the lower dollar items - you have a better chance of winning those. -- I'm sure whoever thought of this auction site is making a ton of money!

STAY AWAY FROM THIS SITE. It's not an auction site but a gambling site. You have to purchase bids, each bid only goes up 1 cent, but each bid costs you 60 cents. If something eventually sells for $70, quibids made 7,000 X 60 cents= $4200! I saw aMacbook pro go for $70 on a Friday, the next day I dropped $300 buying bids, waited until the bidding got to $60, started bidding until it hit $80, ran out of bids and lost. Quibids wanted to sell me the laptop for $1200! A new one is only $900. TOTAL RIPOFF.

I'm reading the reviews and it seems to me that the folks who are totally pissed are the people who don't read HOW it works. Yes, i spent 30 bucks on a package and I won't spend any more that. When its gone,. But in the meantime, I've had a fun night home alone with a glass of wine and won a few neat Christmas "santa gifts " for my teenaged son. Things I wouldn't pay retail for and got at a substantial discount. Buck up people. Read the way it works, stop being stupid and please. Learn how to spell!

I saw a link for this site (Quibids) on another site... Decided to check it out... ALL I DID WAS LOOK... I had never heard of this site before... I did not sign up for anything nor did I give any information about myself... what do you know... within minutes of logging off I received an email from them... what did they do?... hack into my computer as I was on their site?... how else did they get my email address?... coincidence?... I THINK NOT... STAY AWAY... if it smells fishy it usually is!

I am a very bright guy and thought I would give this a try. I am fairly convinced it is a scam sight... but it racks my brain as to "WHY?" would they. They are sitting on a brilliant billion dollar money machine. I plan to do several tests and post my results here. Then you can decide. My first test will be "Low money cards...$10 or $15" (budget is tight). My account only has "VOUCHER" bids, (which cannot be redemed towards the purchase of the card (This is important and will be compared to later tests when I use PURCHASED points which DO HAVE a redemed value). Here is my hypothesis. When I click in and observe an auction with no bidding at all, the auction will close within 10 - 15 bids. I will do this for 10 auctions. I will observe another 10 without clicking in at all. These will close even quicker. I will bid on 2 more. The first I will bid agressively (a bidomatic for 10 if available). The second I will bid conservatively (clicking a lot on 2 seconds and backing off when bids pour in.) The first sets will only encounter less than 10 bidders. The 1 aggressive will get more... 3 aggressively bidding against me. The 2cd will go LONG and have many new names popping up... several agressive. Now keep in mind these are $10 or $15 cards. At $. 60 a bid, only a fool would bid 15 times for $10 or 25 for $15 ($1 shipping too). I will be posting this soon, but it will take a bit to send up the list (in advance and with time stamp) so that you know I have not contaminated the results. It is currently 5:21pm and I plan to directly go grab the next 22 cards as quick as I can choose. This test will go fast. I will post the auction numbers as quick as I can find 22 fairly consecutive. I will be very busy in that I will be taking as complete notes as possible. Should I miss a consectutive number, I was busy bidding or observing... I intend to be honest and fair. It is now 5:25 and I am going to quibids...

I was on this sitejabber before, with many positive first-hand comments/experiences. Why all the concern for how many bids are wasted by other players, or the final amount that QuiBids makes on an item?... Do you get this upset when a shopper buys at full retail, instead of waiting for a sale? Do you care how much the stores rake in every day, or how they raise or lower prices on a daily basis? It's the game and how you play that matters. Don't even begin, if you are not going to stick with a certain item; & don't always be in a hurry to jump in, or you will not have positive results. I have had many positive results on the site [and the few negatives have been of my own doing]. You can win and you can lose; but don't blame [or cast suspicion on the site, with half-baked rationalizations, or uninformed opinions]; if it is first-hand experience, that's a different thing altogether... Perhaps it's not for you, but look at THE DAILY CROWD OF HAPPY WINNERS... I think the site is awesome; use discretion- but that's up to the gamers. Most recently, I won a surge protector for 1 bid+s&h[$15.28 retail], a waffle maker for $1.38 [28.88-retail], and 50 bids for. 30! For my money, you can go wrong, within reason, at QuiBids... a very happy playa!

I do not recommend this to anyone. Talk about a rip-off!
I just gave away $45.00 in less than 10 minutes. I did not know that every time you hit BID on the same Item you are giving away. 60 cents. The way I understood it was that you get one bid per item no mater how long you're on it but that is not so.
How? You purchase 75 bids for $45.00 so: Divide your $45.00 dollars times 75 bids and that's 60 cents per bid. That a scam, big time!

This site reminds me of throwing quarters away into a slot machine all day without any ROI-return on my investment. The whole world only sees someone got a 2010 Honda Civic at $1740, yes one winner, and if you see the bid listing (ticker) there are more than 50-100 people who LOST THEIR shirt bidding $. 60 per push of BID button. You do the math. If this car cost $22,000. The winner spent $1740. How many losers spent close to that of winning bid, what is potential Quibids collected for this 2010 Honda Civic? Right on. Now you got it. Use the same math and see how much Quibids collected on just one $10 gift card, right, you got it! That does not include Merchants fee who pays Quibids to sell their product on gambling site, revenue from you bid packages and all low bid packages are gravy because you don't get to win anything. Using Quibids site to sell their excess inventory that nobody is buying due to HARDTIMES. So they target their market towards bunch of gamblers. Besides, their retail value is totally inflated and not adjusted to this depressed market value... So, just when you think someone who hit a Powerball, please rethink what is your chance of winning a powerball.? I checked their Panasonic 37" LCD TV. For buy it now price of $449. Give me a break. I can just find lower price anywhere for this comparable LCD TV! My friend, your odds are probably better if you go to casino. And they feed you free for losing all of your money. On this site, you might as well, go to poker site and gambling your brains out doing the same!. We need to educate CNN, CNBC and other big medias who totally misleading the public on how great this site is and not smart enough to examine how this site works. I must say the idea behind this scheme is brilliant, however, looking at it from ethical standpoint, how many innocent people will get hurt due to False excitement and enticing people spending money on a dream of hope!
I will stick with eBay. And be happy with my purchases. On ebay, if you spent money, you WILL GET SOMETHING in return, on this site, you DON'T!

I just wrote a long review on this SCAM site. Yes, it's a scam, even by definition. Here's a link you might be interested in. Then you'll see how ANYONE on THIS SITE, supporting quibids.com is a LIAR and they are paid by quibids to support that site.
http://www.ripoffreport.com/computer-marketing-companies/http-www-pennyauctio/http-www-pennyauctionwatch-c-4dcae.htm
Let then kick and scream all day long, they are still lying through their teeth and cannot now, or ever be trusted! Don't be duped.

I personally did not sign up for QuiBids, but my bf did, and got sucked into bidding on an item that he thought I wanted. When he was $50 in, he called me and I told him I really didn't need it and he admitted to having already spent $50 on bids, so we continued bidding, thinking that "what the heck, if we don't win it, there is the "retail price" buy it now option. Well, many hours and a life suck of time later, we didn't win the item, so we purchased it (we were already $200 in with bids at this point). OH, did you notice that the RETAIL price is actually $20 MORE than what it sells for on the official seller's website? And OH, shipping is a whopping $13.99, even though the official seller's website ships for FREE, and OOOPS, we forgot to mention that we charge tax for this item in some states.
So, despite paying about $50 MORE on QuiBids that we would have, if we had just bought it from the company's website directly, I was thinking, alright... no biggie, it was a mistake. $50 down the drain... lalala, I read all the "real people" reviews about how they got their item 2 or 3 days later.
Well, here I am, a f$&#@ WEEK later, I just got my item... and GUESS WHAT?
IT IS SHIPPED DIRECTLY FROM THE OFFICIAL SELLER OF THE PRODUCT.
Yes, it is amazing, how buying an item from QuiBid can increase the price by $50 AND take 3 times longer than from the official seller.

Long story short: AVOID AVOID AVOID!

I had spent some time last 2 days on the web site.

The recent sale of the 1750K of the honda civic. Great news for the one who purchased it for 1750 approx.

See the math here.

To make it to 1750. 00 = ******* bids.
Lets account each bid to be around $0.60Cent

Yes, Quibids gave the Car for 1750 dollars but they made close to 100K

They sell a car for cheap to actually make 6 free cars for the next time. Think of going 100 items like honda civic. The company will make 500 such cars equivalent cash dollars.

The game is very simple - All thousand people spend half dollar to make the winner get a $10 purchase price. No one could count how much each person is loosing, we only see one person getting IPAD for some bargain.

Great site and a great concept. If this company goes NASHDAQ IPO, believe me, they will make a ton of profit on sales.