John Y.

My experience on Bidcactus was basically consistent with the majority on here, but I'm not convinced that there are Bid Bots. Clearly it is gambling and clearly there are a handful of users (screen names) that win the majority of items. Yes they sometimes do pay outragious over-bids (bidding 240 times at $. 75 each time to win 100 bids back essentially paying $180 to win back $75). The question is, are there a handful of "PRO's" who drive up the price to intimidate others and reduce competition of future auction bids or is the site creating BidBots to defraud consumers. I did win some smaller auctions but ultimately flushed about $150 down the toilet (the majority of which was prior to spending several hours observing the action). I participated in appx. 10 different auctions and observed close to 100. I'd say about 10% of the auctions are driven to 2x and even 3x the actual value of the item however about 70% of the time, the winner of the auction appears to save about 50-60% from retail. I watched someone (presumably a real person) win an Apple Ipad today for $6.81 (which equals 681 bids of which no more than half could have been placed by the winner - conservatively 340 bids for a grand total of $261.81). In conclusion, if your willing to take a chance, do your homework! Observe the action, find out where the site is based out of, continue reading reviews, but keep an open mind.