QuiBidsReviews 3,064

I have been watching this website for weeks and weeks and weeks and what I notice as I am reading some of the reviews yall have posted is that yall seem to forget this is a business and just like any business your primary goal is to make money.
I notice that all of yall keep mentioning you don't pay such a cheap price for something on ebay, that is because this is not ebay, if this website didnt charge others for their bids when they didnt win the item not only would they not make money, they would actually lose money, and again this is a business like any other. Every restaurant you goes to pays less than a penny for a cup of tea and how much do they charge you? 2.00 3.00 dollars sometimes, this is just all a part of being a business,
Now with this being said I'm not gonna argue that the site may have some fluky things going on. Using this site can be considered a gamble, if you are willing to take the gamble then it can be a fun and benefical website however if not maybe you need to stick with something a little closer to ebay

It's the old bait and switch. So this is how I think it works: When you initially register with Quibids.com, they encourage you by making it easy for you to win the initial item. After that, you better do your math because you're probably paying full price. Do they have bots on the site? Absolutely. While monitoring a bid, I was able to identify about thirteen of them. They never win; they just keep bidding. Their purpose is to make you spend all your bids. I bid on one of their bid vouchers and found that the total amount I spent (including the processing fee) was equivalent to $59.98. The BUY NOW price was $60.00. What a coincidence! Not so; it's calculated.

Another thing I noticed is that if you're spending your bids on the vouchers, it's almost like converting your real bids to virtual bids which cannot be applied to a BUY NOW purchase. These guys are screwing you over without you knowing; beware!

If you can find something worthwhile that you need, it can help. I recently purchased an Odessy putter for 11.24 with shipping, retail over 110.00. Ebay buy it now at 79.00 plus shipping. If you find the item, look at recent history, understand that the price will also go to around the same point. Example is a IPad, retail price 699.00, bids are going up to 280.00+. Do not bid until the price is close to that mark, yes a gamble, you might miss the window and the auction closes, but you are not wasting. 60 each time you bid.
The site makes. 60 per bid. If the Ipad goes for 280.00+ that is 28,000 bids at. 60 each, a total of $*******. 00 per item, a total of 2400% profit! Understand what the price is, look to bid at the top, do not get in a bidding war, you will LOSE BIG.

For starters, I thought I was going to a somewhat real auction type event, but that was really not the case was it?

It would have been nice if Quibids was more upfront as to what they're really up to. And to call themselves for what you really are,. A casino offing cheap prizes, with an occasional expensive item here and there to entice people to come and gamble in their casino!

It took me a little bit of time to figure it all out. I now realize Quibids is nothing more than a cleverly orchestrated gambling game, disguised as an auction, with Quibids itself being the REAL winner at the end of each auction.

As a result, I don't use Quibids any more at all.

I congratulate the owner(s) of Quibids, they've pulled off the perfect casino, without having to go through any of the normal governmental gambling licensing requirements, because of their "Buy it Now" button.

I love the fact that someone decided to make selfish and greedy people like me fight against others like me and realize that its a rat race and a time waste to the finish!:-) What a fantastic model. I won't be going back but I feel sorry for all the people who end up being addicted to this site. It is a gambling site based on the chance that someone will wait for another person to waste their bids but yet might lose. It would have been honest if the actual bid placed for worth 60 cents and not 1 or 2 or 20 cents. But its not. The highest profit from auctioning an IPAD was ($188.43 * 100 * 0.60=$*******) - (699 actual cost ipad) = *******.
Bye Bye Quibids (Ebay rocks!)
quibids.com

This site is such a scam. Each bid that raises the bidding price by a small increment (1 cent to a few cents depending on the auction) costs the user 60 cents. Their offer of the buy it out price for losing bidders I didn't see for any of the auctions I browsed. If you do the math, the site just makes a ton of money for each auction even if the winner wins it at so much less than the actual price of the item. If the site makes a ton of money, the users on the site spend a ton of money...

When I first heard of this site a couple months ago I immediately knew it was not a wise thing to get involved in. Then, in the spur of the moment, I signed up without thinking about it (it was early, no coffee yet, etc.). Once I signed up I realized what a HUGE mistake this was. The site does not lie that you can bid for a penny on some good merchandise, but the problem is that you are only one bidder among dozens of people. The winning price is always lower than retail, but you lose all your bids on items you do not win. I spent 42 bids and did not win a single item because there is always someone else who wants it more, has more bids, or just gets lucky. This site is a sinkhole for money playing on people's desires to save money and gamble, which is really what it is. I spent about $32 total on this site and 'won' $20 in gift certificates. Don't waste your time.

Quibids is not a scam, it seems to be a legitimate cash machine designed to make tons of money from peoples' predilection toward greed and gambling.
Lots of reviews explain it pretty well. Basically they advertise having sold popular items (iPads, MacBooks, giant TV's) for a small fraction of the MSRP. You pay for each bid, and each bid increments the price by a small amount (penny to a nickel). Eventually someone "wins" pretty much by luck. Whatever the non-winners have bid is lost, unless they choose the "buy it now" option, which then grants them the ability to apply their losing bids (at $. 60 per) toward the "value price" of the object, which appears to be around 30% above what you would expect to pay at a full retail store. Plus, of course, shipping, handling, and some sort of "transaction fee." All in all, except for the occasional "winner" (and how many of them are actually people and not invented for PR Purposes) it is a very bad deal. You're a lot better off on e-bay.

Stay clear of this site unless you have A LOT of money to throw away. Yeah, it looks good when you see someone who actually won something but beware! You pay for credits to bid with up front but don't have a chance in hell of ever winning anything! The problem here is that everytime you place a bid you burn a credit and as you bid the clock resets itself to 10 or more seconds giving everyone on the planet more than enough time to out bid you. I tried it just for fun and it only took me about 2 minutes to figure this scam out. I didn't loose much becuse I didn't risk much. I very much want to help here by telling people to stay away from this site. It looks fun and exciting but you would be much better off playing the Lottery or trying to win a million dollars at you local casino!

Vic in California

I have two questions that everyone should ask themselves... what if they have fake accounts that they use to place bids in order to increase the time and bids?
What if these same fake accounts are winning the items after thousands of real people bid? In the end they would make loads of money off of bids placed by real people and never have to actually even give the item away for the "cheap" listed price.
I would love to meet a real person who won an ipad or macbook pro (or some other expensive item) for extremely cheap. WHERE ARE THESE PEOPLE?

The frustrating thing is the way the auction ends. There can be 10 active bidders bidding like crazy. And then it stops and the item is sold. Right in the middle of active bidding. It makes the process seem random. Not like a conscious bidding war in which the back and forth keeps going on until there is no higher bid. It stops so suddenly it is hard to know why and what happened. Maybe the timer goes to zero bids because the 10 bidders all pause at the same time. Who knows. But it stops on a dime. Yours.

Absolutely awful - the site looks friendly and helpful and pretends to be very user friendly. So I bought $45 worth of bids and actually submitted 2 the first day. When I tried to use the site a few days later my password did not work. I tried for days and made mulitple requests for technical assistance. Service requests were acknowledged but THEY NEVER HELPED ME. So they have taken my $45 and have not delivered services. THIS IS A HORRIBLE SITE WITH NON-EXISTANT CUSTOMER SERICE.

I bought the smallest package to see what it was all about. Beware do not do it. This place is a total scam. I was never able to hold my bid longer than 3 seconds. I would place my bid with 2 seconds left and once I did the time would go back to ten seconds left. The time clock would also just stand still. They have invented a way stop time in the name of sales. They are totally scamming everyone. It did not matter if I bid on a 300 dollar item or a ten dollar item each time was the same. I do believe they have their own people placiing bids or it is computer generated and they only let a few people win. It is more like a lottery than a place to make a bid and actually have a chance to get the item. STAY AWAY FROM THE SITE IT IS A SCAM

This website offers a thousand dollar scam with little goodies at low prices. Yes, you get a good deal on what your bidding for but with each bid you are spending 60 cents, not to mention the other stuff you bid on. To put it into perspective lets say you have a 1 cent bid for an itouch sale price 200 dollars, and it sells for 46.50 dollars. That is 4650 bids with each costing 60 cents. Then do the math, they spent $200 dollars on that product you spent $47 on it over all they spent about $153. If you subtract the money they spent on that sale to the money they earned on that sale, they still earned $2,790. Then after all the money you just spent to win it you still have to pay, what, $25 shipping. It's a genius scam but legal because they give full disclosure

The person that created this site is genious. I'm sure that person is getting rich, because people are spending large amounts of money for nothing. I am too embarrassed to tell you how much money I spent trying to win a wine chiller. Let me break it down for you-------------you pay to bid. The bids are not cheap. Depending on the package roughly 50-80 cents per bid. Then, you start bidding. Let's say they sell a 20 pyrex set. They start the bid at 1 cent. The bids keep going up by one cent, until someone stops bidding. The pyrex may go for something seemingly cheap----say $4.20. However, if you think about it... $4.20 equals 420 bids----therefore, we (the bidders) just payed between 200 and 300+ dollars to get a seemingly great deal. Also, think about the statistics of it all. At any given time, there are really relatively few items available for auction, meaning closing within the next hour. Therefore, everyone that is unfortunate enough to be a member is left to wage a brutal bidding war. I have and will continue to blow money; however, this is by far the worst waste of money I have ever encountered. Would have had more fun gambling. Trust me----go waste your money elsewhere.