QuiBidsReviews 3,062

I just joined Quibids today. I remember seeing a similar site about a year ago, and thought I'd give it a try. This is a summary of my transactions:

1) Clicked off of their website to get the 10 free bid coupon code.
1) Bought 75 bids for $45 to set up my account (60 cents each)
2) Bid for a beginner's 25 bid pack voucher, which I won for a total of $3.60 (including the cost of two bids).

I now had a total of 110 bids, which I paid an average cost of 44 cents for. I then bid on several auctions, including a pen, a 100-bid pack auction, and two $25 gift cards, as well as some other stuff. In total I had to use 42 bids to win the two gift cards. At an average cost of 44 cents per bid, this means I spent $18.55 worth of bids to get $50 worth of stuff. But, I then have to add the cost of the items and shipping.

The first gift card I won for $1.48 including shipping.
The second gift card I won for $4.95 including shipping.

$18.55+$1.48+$4.95=$24.98. So basically, if I factor in the average cost of the bids, I got the items for about half off. If I had paid full value for those 42 bids at 60 cents each, I would have spent $25.20 on bids and would have spent $31.63 for $50 worth of stuff, still a good 37% off or so.

What I've noticed though is that Quibids makes a killing off of their bid pack auctions, which is why there's so many of them. I (unsuccessfully) bid on a bid pack auction more than anything else, so I would just buy the bids and get your stuff for a nice discount. Obviously it's not going to be as much of a discount as they promote everywhere, but it still seems possible to get a slightly better deal than you might on Ebay or a similar site.

I bought the basic bid package and then won a beginners auction for more bids. I paid a? Transaction fee? For this won package which was my first sign that something was wrong with this site. I ended up using all of my bids and have nothing to show for my spent money. I think honest auction websites should not offer bonus bids that are not counted in the buy the item deal. Did we not use our real virtual bids to win these bonus bids in the first place? I learned one thing from this experience though, bid on items (not voucher packages) that are worth the same or less than what you have on bids so that if you don't win the auction, you pay the difference plus shipping. Example, say you bought the $27 package and want to bid on the $25 gift card. Subtract the $2 delivery fee and you have $23 left. Don't subtract from $27 otherwise you are already loosing $2. Then divide $23 by. 60 and you have 38 bids to use towards this card. If you win before using these 38 bids then you have saved money. Otherwise, just bid up to 38 bids and then pay for the difference. This way you don't end up spending more money for an item you can purchase at face value in the store.

Its Amazing how one entity can obtain a license to steel. Legal thievery! This is the best scam that I have seen in my life. How would Consumer affairs conduct an investigation on a company based out of India and run by home grown scam artist? Save your money and never sign up because you'll never get anything for your money and the government is never going to figure how to convict these thieves as long as they have suckers like you and I.

A very innovative and great idea. It takes luck and good fortune to win, but more importantly it takes good timing and strategy as well. If you play your cards right and study the bidding patterns, you can come away with a great prize. The best part about it is all bids are not a lost cause. You can buy the item for a great and fair retail price if you do not win the auction using the money you put into the bids already. A terrific idea for you if you are searching to buy a present already for someone. You have no risk. The worst that can happen is you buy it for the price you would have in a store anyway and yet you get a great chance to get it for very cheap as well!

It's closer to gambling than an auction. Only a lucky few get good deals, most waste a lot of money.

I thought bidding on more bids to lower your avg cost per bid was a good strategy. Didn't work for me. It still takes luck to win and the bids you win don't count towards purchasing an item outright.

I did receive my $50 Home Depot gift card. I don't think the site uses bots.

They don't need to cheat to screw you. They will screw you over just fine playing by the rules.

Also they try to bribe you with free bids to leave a good review at sites such as this. So take any positive reviews with a grain of salt.

Update: I sent them a link to this review and they gave me 5 free bids for my positive review lol. I didn't win anything with my bids of course and I cancelled my account right after.

I like the site and have used it off and on for 4 months. I have won several items which have been small ticket items for $60 and less, but have not bid on anything more expensive than that. I have won many things like $60 video games for less than $1.50, Blu-Ray movies and other items that retail $25-$50 for less than $1. It's a fun site to play with but a newcomer needs to be aware that he/she can potentially waste a lot of your bids and $$ if he doesn't understand how the process works. Many are lured in by the big ticket items like the IPads, laptops, Kindles and HDTV's etc. These items are difficult to win, the auctions can take 2-4 hours(or more) to finish and you can easily blow a lot of $$ on bids and still not win the item. It's easy to lose your bids and lose them fast, so be careful. I would suggest to bid on the less expensive things you might need (Flash Drives, cpu mouses, etc.) or the "low hanging fruit" as they might say, and try it that way for awhile until you can get the hang of it before going all in on a more costly item. It's certainly fun to win the item you're bidding on regardless of what it is.
Be aware of what your shipping costs are as well as how much in bids you're spending on an item. I have seen people spend more $ on bids and shipping than the actual cost of the item. Recntly I noticed their S&H costs have gone up. Each bid is 60 cents and sold in packages of 45,75 and up. It's a good idea to start with their Baby Bids pkg. As I did for $27 (45 bids). Overall, I have had a good experience with Quibids and have enjoyed the items I have won through them. Keep in mind, this bidding thing can really hook you in and you can spend a good part of your day on it as well as spend much of your hard earned money. It is a form of gambling and you can get engrossed in it very easily. Good Luck!

I think Quibids is AWESOME! I saw an advertisement for it on some random website and figured I would give it a shot. I made sure I read up on all of the information possible and really paid attention to Quibids 101 (a feature quibids has for new users). I watched some auctions and my first auction I won was a MacBook Pro for $32! I was a little skeptical but sure enough a week later, i had a brand new macbook pro that had not even been opened. It's brand freaking new and I got it for 97 percent savings.

This is just not your typical auction site. READ QUIBIDS 101 AND USE THE BUY IT NOW FEATURE! If you are willing to spend full price for the product anyway, then nothing can go wrong.

This site has given me no problems whatsoever, of course some auctions are hard to win, but appreciate the site for what it is, and have fun with it.

So far I have won 3 items in 3 weeks, and have saved well over a thousand dollars.

I would say I had a good experience on quibids. I bid on a Nerf N Strike Vulcan with two bids and won it for. 18. I bid on a 25 pack of bids with one bid and won it for. 20. I bid on a Klipsch Premium Noise Isolating Headset with 11 bids and won it for 2.10. The original bid pack cost $27.00. It was the smallest bid pack available. At. 60 a bid, do the math; I came out way ahead. It's important to read the information provided on the site as to how they work. Quibids business model is not like Ebay. I wasn't disappointed.

Quibids is nothing but a mechanized covered pyramid scheme, people's winnings are financed by the new comers losses and the people on top keep making more money because the more time your remain "quibidding" the more money you spend but if you have been there the longer the greater your odds of making that money back, but at t the end of the day you will probably either break even or just loose more while quibid makes a ton of $$$.

http://en.wikipedia.org/wiki/Pyramid_scheme

Be careful with this site. Looks like one of its principles (LLC Manager) was involved in a bankruptcy:

CHAPTER 7

Name: Beckham Enterprises LLC.

Address: ******* N. 13th Place, Phoenix *******.

Type of business: Unknown.

Principal: Oscar M. Beckham, president.

Filing date: Feb. 19.

Assets: $100,001-$500,000.

Liabilities: $1,000,001-$10 million.

Secured debt: $664,731.

Secured creditors: One.

Priority debt: $98,706.

Priority creditors: Four.

Non-priority debt: $242,033.

Non-priority creditors: 33.

Case number: *******.

Attorney: Joseph C. McDaniel, *******025.

http://www.azcentral.com/business/abg/articles/2010/03/11/*******abg-bankrupt0311.html

I have only won one thing so far on quibids.com and that was some more voucher points to use for bidding on other things. I have to say it is not a scam. You just really need to watch and understand how it works for awhile before diving into bidding and hoping your going to win big. You just have to be smart about what you're doing and not spend too much money on bids. It's just like gambling, but with a little better odds. Just don't go crazy with it and you might actually come home a winner!

The site is a great idea, but don't expect to receive many items anytime soon. I have $250 in gift cards, and it has been well over 2 weeks and I have not received them. I did receive my ice cream maker and $15 itunes card quickly. The $250 items were won on a Wednesday, and the following Thursday I won the itunes card and Ice cream maker. I receved those two items in about a week, but have not seen any of the Lowe's $250 gift cards.

My thoughts are that the site is hurting for money, primarily cash flow, and they are using delaying tactics to stay alive during the recession. Be careful! If they go out of business, you will not receive any of your products.

I was reading most of the comments and I hardly see a positive comment but I will leave one because I believe is true and happened to me.
I always thought I can win a ipad for under their value price but I don't have the time to bid or the money but I won myself something useful for the family and myself. I won a vtech laptop for my child, a grill where i can cook like pro, a waterproof/fireproof safe to protect my identity and even a oral electric toothbrush to save me money to see a dentist. I won these items under 5 dollars and under 10 bids(. 60 cents per bids). This site is legit and I recieved my items under a week and quibids even send me emails that it was on processed/ship with tracking number for some items. I never complaint about anything to the customer support ever.