Skoreit.com

Im also a player in skoreit. My husband tried it first and he lost approximately $188 for buying (2) 120 bids n (1) 60 bids without winning a single item. He was so furious and said the site is scam. Then I observed the site and tried to develop a strategy and opened a new account. I started with small items and won 3 items in a day. I was not aware that they have a limit of 3 items a day and 12 items a month until I won my first item. After winning 12 items all in all I ended up having $180 gain. My advise is study your opponent and timing is a really big factor.

I signed up, used the promo code BIDNOW for 16 free bids, watched a gift card auction (and bid once just for the heck of it) and I totally get it. This site is NOT a scam, but it IS extremely based on strategy. Very cool—my first time with a penny auction. You pay $. 60 per bid (I guess), plus the final bid price, so really you want to bid as few times as possible.

Skoreit, on the other hand, can rake in the dough often (not all of YOUR dough, just the dough of everyone bidding).

For example: The gift card I watched was a $50 gift card, but it sold for $. 73, meaning only 73 bids. 73 x $. 60 is $43.80, so Skoreit actually took a loss. (Skoreit purchased the $50 gift card and sold it at a loss of $6.20.—Skoreit, btw, owns all the products, this isn't like eBay.)

Don't feel bad for Skoreit, though. I found an iPod Touch that sold for $37. Xx... that's over 3,000 bids! 3,000 x. 60 is $1800, minus the iPod Touch price, which was $300. KAPOW Skoreit just raked in the dough... but the winning bidder *could* have bid only once, meaning s/he would've paid the $. 60 bid price, $37. Xx for the winning total, plus shipping. Still a good bargain, unless they bid all their money away.

Why my 3 star rating? Because the selection ain't all that great, and one thing I *did* want (I saw it and decided I must have it lol), there wasn't even an auction for it. So enh. I closed my account and I'm wiser for it. But very fun to dip toes into these waters for half an hour.

Skoreit is like the stock market... don't get into it unless you're willing to really dive into it without regret. Dont put in money if youre not willing to lose it. I, personally, play on skoreit a lot and have even hit the cap of 12 wins per 28 days (yes, they cap how much you can win to give others a shot). I have put in about $300+ all together, but with the auctions I've won, I've saved around $500+ (my winnings include an IPad for $34 total including shipping and cost of bids used to win it, a new gen IPod Nano for $15 total with shipping and bids, plus a flip camcorder and various gift cards and precious metals). For one, it is not a scam or a rip off. People like to just call it that because they either don't understand the concept or are sore losers. It is accredited by the Better Business Bureau with an A- rating (according the BBB, the only reason it's A- is that it hasn't been around for very long). Yes, there are power bidders, but power bidders do not equal shill bidders. People who complain about using bid agents and say they use up all your bids, don't know how to use them with proper strategies. Are penny auctions, in general, for everyone? No, they aren't. But this particular one definitely isn't a scam. I'll leave this link as further argument against all the skoreit naysays http://pennyburners.com/community/showthread.php?t=857

Hmm I just noticed, when they list upcoming auctions they have a start time and earliest end time, usually around 3 hours later. How the help can they predict how much minimum an auction will end, unless its a scam and they are hiding the fact that they use company robots to keep the auctions going and by bidding them up artificially for the first couple hours. Anyway this is a small site trying to lure people with Hugh end prizes, but they only attract 2400 people per day. I would try a legitimately sure like bigdeal or gopenny

I have never really reviewed a website before, but I tried skoreit and felt pretty strongly that this site is just a complete waste of time and money. The only thing that I am sore about is that I didn't come up with the concept first! It's ungodly how much money they are making selling iPads and iPod touches. I read the guidelines and started with 60 bids plus some promo bids and couldn't even pull off a $15 Subway gift card. In the end, I wish I would have spent my $30 some odd dollars at the casino. I might have had better odds.

I have been watching Skoreit pretty close and I have to say I am disappointed. They are using shill bidders and it became apparent when I noticed an auto bid that was setup on an auction to win 240 bids. The auto bid used 1,200 bids to try to win 240 bids and stopped once the bidding reached $40. Now another auto bidder has taken over and is already up to 245 bids to win 240 bids. Skoreit is stealing your money if you let them. Bidder beware!

I am a player on skoreit.com. I actually right now can't bid because of the 12 wins in 28 days policy that they do have. It is possible to win on skoreit you just have to have a strategy and stick with it. Also, you must be willing to take a loss on something you invest a lot of bids into. I have won things where i have placed only 1 bid on something and i have placed 50 bids on something and had to get out. IT IS GAMBLING, however you want to look at it. My problem with the website is their shipping... some orders are sent out in one day... and then when the order is a $500 watch you won on $10 total dollars... shipping and everything included... they take up to 12 days to process it and get it shipped off... my question is are they placing auctions of things they don't have in stock?... wouldnt that be considered false adverstisement?

Yes people probably win and yes they might buy something cheap. The problem I have is very few people actually do the MATH. If a $50 gift card sells for $3, that means there were 300 bids, at about. 60 apiece. Skoreit MADE $180 minus what they paid for the card! OUCH! Now the bigger problem for Mike and Mike is that when they give examples they say, "Winning bidder spent $2.40 or whatever. That is a FLAT OUT LIE. The Winning bidder paid $2.40 PLUS the 100 or so bids at. 60 each so they actually spent $62.40 (plus shipping.) DO NOT GET HOOKED ON THIS SITE!

This site is a total SCAM! I watched it for a day or two and decided to give it a try.My first day I spent almost $30 on bids and won nothing. I noticed all of the power bidders that just DON'T stop, So, the next day I tried again. I decided the only way to win was to buy a lot of bids, and I did. I spent almost $300 my second day and still won NOTHING! I'm a very experienced penny auction bidder too. It's obvious that they have fake bidders.On every auction, one power will bid hundreds of bids on something worth way less. Just when they finally stop and you think you have a chance cuz that person ran out of bids, all of a sudden, another power bidder jumps in and does the same thing. This happens several times throughout an auction. You have NO CHANCE of winning on this site! The auctions you see that sell for really low are the ones where real people that are buying bids don't bid on, therefore they don't need fake bidders to drive up the price. I will be writing them, in hopes to get my $300 back, I'm very tempted to dispute the charges. $300 worth of bids, and I couldn't even win a $50 gift card... Skoreit is TOTALLY BOGUS!

Rotaryguy used 1492 bids to win an apple ipad2 32 gb +no 3g +250 free bids. At the current price of $. 60 per bid, he spent $895.20 for this product, retail price of $599.00. Does this make sense to anyone who doesn't think this is a scam?

Another note, I contemplated using this website because they offer a deal where if you lose on an auction, you can buy the product for the retail price - value of bids used. Well they have giftcards so if you only spend $100 in bids for a $100 giftcard, you can't lose money, right? WRONG. They won't sell you just the gift card, they throw on extra bids to raise the retail price, making you pay more than just for the giftcard. Then when you go to try and do this again, those bids that you won, or paid for through the auction are not worth anything to try and buy a product out right after losing an auction.

I believe that big ticket items have "fake" bidders making it impossible to win, or randomly having one with out a "fake" bidder to try and prove authenticity of their site.

Sorry if that was hard to follow, but do research on your own. Go to the website and look at users who win and how much they spend on bids vs how much the product costs. SCAM. Should be a way to bring these A holes down.

I bid on a $50 gift card for Best Buy and won it, but when I received the card it would not work. I was told by Best Buy that the card had not been activated and therefore useless. They told me to return it to the merchant where I purchases the card. I called Skoreit customer service and they told me to ship the card back and they would replace it. Well, it's been a couple of months since then and no new card. Thanks for wasing my time and money Skoreit.

I have been to a few online auction sites and have seen first hand what can happen to them when people win big items. One of the main reasons shipping takes so long is that the site wants to make sure that your payment for the item will process at the bank so there not loosing monies. Think about it, if you were going to sell a car to a third party wouldn't you want to make sure the check cleared the bank before you handed over the title? Same logic in this case. Bidders win items and receive them then turn around and call up the bank and void the charges. The site is out the cost of the item and the item itself. It makes good sense to have a waiting period for items over $50 so they don't loose money. As for bidpacks they give them out because they don't loose any money on them because they can make them all day long for free. Just my two cents.