First of all, let me say that I'm DEFINITELY NOT connected to the bid fun site in any way. I actually won the iPad 2 (16 GB / 3G+wifi model) that I'm writing on right now, won when I was home in France where I live but using it right now while visiting my family in sunny California. Basically I stumbled upon on that site at some ungodly hour on a Sunday morning, and "feeling lucky" I decided to try it since I had never gambled in my life. After reading the rules carefully, I first spent 37.50 Euros for 50 points. But when my points began to run out I spent another 75 Euros for 100 points. Lo and behold, I actually won it maybe an hour later, using up 98 points with the final 'price' of only 3.31 Euros. And the iPad was shipped to me from the Apple Store some 3 weeks later as had been clearly indicated at the website, as opposed to faster delivery for less 'popular' or older items. (The iPad 2 had just been released at least in Europe at that time hence the backlog.) The long and the short of it is, even if I never bid on another item again (thereby forfeiting my remaining points), my iPad 2 cost me a total of 37.5 + 75 + 3.31 = 115.81 Euros, or $169.31 USD at today's exchange rates. A real bargain as the same iPad sells for $629 + local tax(es) in a US Apple Store, or 609 Euros in the French Apple Store, or 379 Euros at Orange France WITH a two-year contract.
SO, I for one can't say that this website is a scam, though I'd probably not go back there because I wouldn't dare count on beginner's luck or dumb luck again!