QuiBidsReviews 3,061

Same as many here have written. I studied it for a few days, paid for the "baby" packet of bids ($24... doh!) then watched very carefully before I decided to jump in. The auction I was working suddenly "ended" at two seconds on the clock, this after I had spent almost an hour watching it (and participating). There's absolutely no way to formulate a strategy because you can't trust the counter. What a waste. Last time I'm suckered on something like this.

This site is not EXACTLY dishonest. They tell you right up what they are going to do. But still, it is a scam.

You get to bid on items. Each bid takes the price up by 1 cent. But the bid cost you 60 cents.

Lets suppose something costs 1000. 00, but in the end it goes for $100 on Qbids. To get to 100.00 requires 10,000 one cent bids. That turns into $6,000 for Qbids and they sold a $1000 item. $5000 profit, and only one person got something for their trouble.

On top of this, it takes FOREVER to bid on things. Each 1 cent bid lasts about 10 seconds when the bidding gets going pretty well. That means that this 100.00 item took no less than 27 hours of CONSTANT BIDDING.

Totally bogus deal. If you stay on this site, you will spend between $3.00 and $15.00 to get $1.00 of merchandise.

To me that is a scam. Avoid this site.

This is high way robery...

Think of this first! You buy bids each bid is of $0.60. With $0.60 you are increasing 1 cent or 2 cent that means that means you are donating $0.60 on each bids to quibids. Which finally sums more than a double of the product and some on winns in $ 30 for example that means all rest of consumer are gambled.

When the bid goes to price $ 100 it means 100 x$0.60 cents is already made by quibids + some consumer are gonna buy from buy it now to save their bit amount they already lost in gambling in this site... great deal I WAS FOOLED!

All things relative this is not a scam until you actually are scammed. That means you would have to participate in the auction with the pretense that you will win something cheap.

I bet if you had to insert change or real dollars each bid you wouldn't be so quick to bid.

I visited the site. Good concept for the owners but a rip off for the rest of us. Nope I didn't play and don't plan on it. I do wonder how long this goes before the anti- gambling establishment comes after it.

One last thing, I bet these are the same guys that created those goofy pick-up games you see in stores, you know, the ones where you try to grab a stuffed animal only its too heavy or awkward for the hook? Later.

I used this site today and plan on never returning. If you have a LOT of time on your hands, are antisocial, and take a HUGE amount of pride in getting a deal, maybe it's okay. I bid on two items, somewhat aggressively, and won neither. The upside is that you can apply your bid costs toward the item you were bidding on but lost. But this just encourages people (yourself and the poor souls you are bidding against) to keep bidding.

I ended up purchasing a $200 Walmart gift card, for $200, plus what I lost in the first auction and silly handling charges.

I can't imagine the lives of people who use this site regularly. It's a little depressing...

It's a sucker site. Take your money to Vegas... same odds, but with food and entertainment. The bait here is the technology you want for next to nothing (if you believe them). Since you are a tech freak anyhow, otherwise you wouldn't be on the computer trying to "win" the deal of the day, it's particularly appealing to your fantasy of going to a gathering and telling everyone how little you paid for this ordinarily expensive and desirable gadget... Like at the gaming table you lost 200 bucks and won $75... your a winner. Go buy dinner and show to celebrate.

Not only everything mentioned here (you pay 60 cents a bid whether you win it or not and you end up wasting 100s of bids on an item you may or may not win, bc the bidding goes up by 1 cent increments), but also... The clock resets to 15 seconds left anytime someone bids with less than 15 seconds to go. This GUARANTEES scamming by the company. Even if you were deft enough to squeeze in a last second bid to score a macbook, the clock would be reset to 15 seconds and someone else would come and grab that macbook with a second left. Then you will see that someone outbid you and theres 15 seconds left again so you wait till the last second and you bid again. This goes on forever until you've wasted $100 bucks or more and you quit. Then some other schmuck sees that theres 15 seconds left on a $50 macbook, so he starts bidding on the last second for a while until he loses his 100 bucks and gives up. And at the end of the day, one of the companys fake accounts wins the bid, bc its impossible for them not to. And in the process, they made thousands of dollars. Best scam ever, they should win a noble prize for stealing all this money.

Ive been watching one poor bloke try to win a macbook for the past 30 mins, he keeps bidding up one cent and everytime it drops to 1 sec left, he gets outbid by a different random username. The macbook has already made 600 bucks in bids and will make a lot more before this saga ends on this one product.

So far I haven't felt cheated. I have won one item. I've been 1 bid from winning other items, but I have a feeling that if I had made that 1 more bid I'd have been challenged for a lot longer time. They might have company ppl that have unlimited bids too to jack up the profits. Their bids are 65 cents rather than GoBid's $1.00 bids. It's worth trying. It has features to allow you to set up automatic bids limited by how many bids or how high to go.

Hello,

OK so I have purchased 3 items on QuiBids.com so far

1) $25 Subway Giftcard --- SHIPPED
2) Video game --- "PAID", not yet shipped
3) Video Game --- "PAID", not yet shipped

I will check back and keep everyone updated on how the transactions go and how long it will take to receive the items.

The website DOES make A LOT of money on items.
Ex: A $200 Kindle Wireless Reading Device that recently sold for $28.50 (in $. 02 increments)
1) 28.50/. 02 = 1425 BIDS
2) 1425 x. 60 (cost per bid) = $855
--- That means they made $855 on just the bidding process alone.
3) $855 + $28.50 (the amount the winner has to pay) = 883.50
4) 883.50 - 200 (cost of item) = 683.50
--- That measn they made 683.50 before any expenses they run into
--- That also means the winner got a $200 item for $28.50 (plus $. 60 per bid he used)

Now the issue whether they use bots to run up the bids, whether their own employees participate in the bidding process, and other "unethical things", I can not comment on, as I don't know.

Also the issue of getting the products and the length of time it takes to receive products, I can not comment on... (yet):)

That's my honest review on the website. I am still relatively new to it, so I could be wrong on some things. I will keep you updated as I find out more.

Aldin H.

I think the site is a total rip off! Total waste of money & time! I DON'T RECOMMEND IT@ ALL! I wished I could have thought of reviewing the site 1st & see what was happening before wasting my money! I could have saved a lot of money! Darn It! Grrrrr! Why is channel 9 news advertising something soO bad?!?! (They're thought) "It's like taking candy from a baby!" Given that we're now having though times & want to get bargains with everything & everywhere... So, they take advantage! It's soO upsetting!

If quibids were any other type of a selling business, the government would have shut it down a long time ago. But because it is an "auction" it goes. I wish like heck that I had thought of the idea. It's socialism at its finest. Get everyone else to help you pay for the item and yet let the seller make a really handsome profit. That's all good if you are the winner but here's something to remember. All that an auction needs is 2 bidders. You may say to yourself I will bid til I get it, but what if that is the exact same thing the other bidder is saying to him/herself. Suddenly there is no limit as to what it might go for. So you see an item sold for $2.34 and you think, I could have bought that, but you just became the second bidder that the person bidding against you has no idea what your limits are.
Another point, don't even begin to put it into the same category as eBay. On eBay, you and i and anyone can sell stuff. But this is the auction company selling its own stuff, and I hated to use the word "auction" company. Because right there you should have realized that this is a company with a conflict of interest - at least as far as you are concerned. Not really a conflict of interest for them. They want you and as many suckers as they can to become involved. Yes, anywhere else this would be regulated and shut down as phishing, scamming, stealing...

I'm left Quibids simply because, though i did win an item... based on the amount i spent for a bid pack vs the actual cost of the 1 item i won... i actually ended up spending more for that item than i would have at a typical retailer. This observation has made me realize that Quibids is in fact NOT a true bidding site, but more akin to an online casino. And the fact that i have to pay even more to "cash out my winnings" (i. E. cover the shipping and handling), means that people who are not aware that they are actually gambling, are more often than not, cheated out of their money.

I understand that Quibids must make a profit in order to be viable, however, i do not agree with their decision to masquerade as an online auction house rather than an online casino. It is due to this that i left and will be making sure others are educated about their services before they use the site.

There are a couple of things that I have read that sound disturbing. First the clock stutters or freezes when bidding is almost concluded. Bots are cosnstantly outbidding others. I will not use the site because I will not pay for bids period.

First off people claim that the timer freezes or stutters. I urge these people to check into the load testing done on the host website. If a site gets too many hits at one time the site will crash. Now if everyone waits till there is 2-3 seconds left to place a bid the computer may appear to freeze but the timer actually keeps counting down. Since thousands of people hit the site at once, the site is unable to process the information and temporarily freezes giving the last legitimate bid the win.

Another thing is autobidding. If you bid continuously and have the bids to do so you will outlast those with fewer bids and take home the product cheaper. My best advice here is to do your homework. I would find out the average price that an item sells for and would not start my autobidding until it nears that price. This would make others waste their bids on the front end driving up the costs and allow me to effectively steal the item on the back end. Its like leading 299 laps in a 300 lap race only to be passed in the last turn to finish second in the race.

My opinion, people do not like to lose and they spent alot of money to do so. They did not fully utilize the strategy at winning at this type of auction and now they feel cheated. For the people that claim others bid thousands of times, Maybe you should request a bid history of the item from the site so that there is transparency. If it turns out that large numbers of bids are comming from one bidder then they may be an issue, however keep in mind that just because some bids multiple time on an item doesn't mean its a bot. Case and point most of the people who have commented placed multiple bids on single items, does this mean they are bots?
Bottom line, this is an excellent business model not a scam and remember DO NOT PAY FOR BIDS.

There are a lot of comments already that talk about the math and how this site makes bank which I feel is true. Somebody made the comment that you can use the amount you spend on bids to purchase the item. The thing is you have only 2 hours after the auction has ended to use the buy it now and have your bids count towards purchasing the full retail price of the item. Why only a 2 hour window? I can understand maybe a 24 hour window but only giving a 2 hour window seems like they prefer if you don't use the buy it now auction and be able to apply your bids towards the purchase price.

A lot of people are going to start bidding on a auction which may take HOURS and HOURS. You end up going to work of having to do something. The Auction finally ends and when you find out, most of the time the 2 hours will have passed and you will have lost all your credit towards purchasing the item at Full Retail Prices.

The only way to avoid this is to sit in front of your computer the ENTIRE time until the auction ends. An Auction may finally end at 2am in the morning and you will have to buy the item before 4am in order to use your credit. Don't plan on sleeping or having a life if you want to use your credits to purchase the item.

As far as the entire site goes, the concept is an interesting one but I would not put it in the same category as shopping and other legitimate auction sites. The site is more of a gambling site. In order for there to be a winner (getting an item for cheap), there has to be a loser and the losers pay a heavy price.