QuiBids

If people worked together and let everyone purchase something for insanely cheap, the company would not make as much money. The same items are always available, but people always fight instead of working together. For example, there is a macbook that is at penny bids (even though bids cost 60 cents for users) and it is now at 45.00. People think this is a great deal, but the company has already made 2700 dollars on the laptop. If people realized that there are generally 10 laptops in a day on the site and just let everyone have a chance to get one really cheap (like 5 dollars) then the company would not be making 4000 dollars a laptop. Just a thought... rather disappointing that people can not work together to make the best of a bidding opportunity.

I'm still "up in the air" about this site. I just submitted an email to quibids support on an issue that I just witnessed in an auction. The auction was for "25 bid vouchers". I submitted one bid in this auction when I started noticing a certain user (CLKMAN) bidding alot. I started getting suspicious and stopped bidding and just sat there counting. Before the auction was over, he had placed more than 66 bids in order to try to win 25 bids! There was another user as well that placed more than 25 bids. That user was "Shawn299". I submitted my idea that quibids should not allow a user to "overbid" on an item. Overbidding makes their site look suspicious. I'll update here if/when I get a response from Quibids.

Here was Quibids response. Keep in mind that this auction was for one of the cheapest things that Quibids sells (25 bid voucher):

I am sorry to hear that this has been your impression of Quibids. We have never allowed bots or company employees to bid on our auctions. It is a clear violation of our Terms and Conditions for either employees or for their family members to bid on this website site.
One thing you should keep in mind is that we have hundreds of active users at any given moment during the day, and if all of them choose to participate in an auction, the auction can go on for quite a long time.
In reality, QuiBids actually loses money on over 50% of our auctions on a daily basis.
If you are really eager to win, we really encourage you to bid on cheaper items. The more expensive items definitely get the most attention and the most users bidding on them.
Thank you for giving us the opportunity to address your concerns, I hope this helps provide some clarity. Have a wonderful day!
Sincerely,
Scott
QuiBids Support

Not really sure what to think - have bid on a few items but haven't won anything yet. Have seen the same bidders putting in a large number of bids which is questionable. The "Buy it Now" option makes the process a lot fairer since you can buy the item at retail price. I've googled the prices they offer and they seem fair - not the cheapest but certainly not out of the ball park for these items.

I would also advise on bidding some of the cheaper items which you wouldn't mind buying - they sell a lot of Target and Starbucks cards and I'm going to spend money there anyway. It's definitely gambling so use it as entertainment and be responsible.

Good auction site which is fair. You can't lose IF you bid only on items you are WILLING to pay full price for if you don't win at a discount! I've won a Kindle, a Patio propane heater, a PSP 3000, and several other items in the last month. I've also had to choose Buy It Now on even more in order to come out okay on my bidding adventure! BUT I've had a good time and learned a lot... which I have written in a quick "Guide" about auctions like this! It is entertainment shopping... not a way to win cheap and sell for profit!

I bought a couple of things with this site but then had a javascript error occur that stopped me from bidding on a Mac after 240 bids and someone else won. I filed a complaint and even sent them a screen shot showing the error message. After having to waste a bunch of time filling out their customer support form and getting no replies or BS replies that didn't address the problem, I called them and they agreed to give me credit for my bids. I then tried to use them only to find that they hadn't given me my bids but instead the actually gave me "virtual bids" that didn't count toward the purchase price.

This concept is a good one but the bugs on the site, simply awful customer service and limited selection of products make it something that I'd warn you not to waste your time or money on.

I have been using quibids for weeks now and YES I am a real person and YES I have won a few great deals (and didn't win a few too).
For all of the negative reviews saying that the site is making money off of the bids, I just have to say - nowhere on their website do I see "non-profit"
Of Course they are making money, otherwise it wouldn't be a very good business now would it.
Best advice is to read the sites own tips page. If you aren't willing to pay full price for an item, you probably shouldn't bid on it. There is a good chance that you will get an item at a great deal, but there is also a great chance that you will end up paying for a lot of bids that didn't win the auction (I have used the buy it now price 3 times and haven't been dissapointed.
Use your head and you won't be dissapointed either.

STUDIED THIS SITE AND THOUGHT IT WAS LEGITIMATE LIKE SWOOPO.
AFTER TRYING TO WHEN SCREEN WOULD FREEZE AFTER MY BID SHOWED ME AT TOP THEN FLASH AND SHOW A MYSTERY BIDDER WON AUCTION OVER. I WAS NOT OFFERED OPTION TO BUY. THE SCREEN FREEZE HAPPENED ON MANY AUCTIONS EVEN AFTER A FEW BIDS WITH ANOTHER MYSTERY WINNER AND AUCTION ENDED. IT DIDN'T MATTER IF I BID AT 5 OR 10 SECONDS, IF I WAS AT THE TOP THIS WOULD HAPPEN. I THINK THEY LET SOME PEOPLE WIN WHILE THERE AHEAD BUT WHEN THEY TAKE LOSSES THE START BID SHILLING AND CHEATING PEOPLE DON'T BE FOOLED.

I joined quibids. I haven't got time to sit and watch bidding going up by. 01-. 10. Those things go on for hours past the supposed "end time". I was watching one day at bidding for a camera--not bidding myself. The price was up to around $25 or $26. I clicked to look at another item and had my eyes off the camera "auction" for approximately 10 seconds. When I looked back at the camera, the auction had closed, and the winning price showing was a little over $8. When I queried Quibids about this, they hemmed and hawed and put 15 bids back into my account. Also, I too see those same bidders' names pop up on just about every auction going. I think maybe Quibids has something set to auto-bid under those names. If not, those who are doing a whole lot of bidding do not have jobs or anything but time on their hands.
I did win one item. I got it for a minimal amount of bids and at a great price with cheap shipping. The product was quality. However, give me an auction site that allows me to place the bid I want and that ends when it is supposed to do so. I love eBay and uBid.com.

This is not a scam I have won 3 auctions so far, 1 for a dyson vacuum that cost me 27 bids which cost me $16.20 the price I bit it up to was $63.40 so in total I spent $78 with sipping for a $399 product. Heres the link http://www.quibids.com/auction.php?id=*******

Auction two that I won was for a PS3 250 gb slim. I used 36 bids which cost me $21.60 I bid it up to $30.92 with shipping I paid $44.00 for a $399 item
Again heres the link http://www.quibids.com/auction.php?id=*******

The third item I won was a 32gb iPod. I used 36 bids for $21. I bid it up to 5.30. So for $20 I won a $299 iPod.

I don't know if Im lucky or good but I won over $1k worth of electronics for about $250

Avoid this site!

I followed the activities on the site for 15 hours; three hours per day spread over five consecutive days. I couldn't help but notice three user names kept appearing during during my observations.

It was intriguing how these three bid on almost every auction but very rarely bidded against each other. It was also interesting to note how they posted almost 1000 bids combined in one three-hour session but they never won anything.

I can think of two possible explanations for this; There are three people out there who are very stupid but have a tremendous amount of disposable income or the website provides shill-bidders with inside information that helps them jack up the number of bids placed by real customers.

Why use shill-bidders when they ultimately lead to lower profit margins? It's simple; Success breeds greed. If you win one item, you're going to be tempted to buy more bids at 60 cents apiece in the hope that you'll win even more goods. In the end, that hundred-dollar gift card that you won for five dollars could easily be offset by the cost of buying more bids. A short-term profit loss for the seller will be off-set in the long run by greedy past-winners who line up to be fleeced. Said in other term; it's a pyramid scheme using the premise that a winning gambler will come back to the table for more.

And what if I'm totally wrong about the shill-bidders? As a long-time user of eBay, I very much know how frustrating it can be sometimes to bid against someone who's completely clueless about basic economics. If Quibids is indeed populated by idiotic upper-middle-class clients then my loosly-worded warning from Benjamin Franklin should be considered; It's never good for a wise man to debate (or bid against) a fool in public. By-standers won't be able to determine which is which.

As usual if it sounds too good to be true... it IS. QBids is not a legitimate auction site. A PS3 does not sell for $0.08. Unlike eBay, this site requires you to buy "bids" (starting at $45) but this doesn't guaranty you will win anything. You could run through your entire "bid-package" and not have a single item to show for it. Additionally, cancelled, lost or rejected "orders" are common. Stick to legitimate auction sites and businesses. Don't say I didn't warn you.

quibids.com is a scam, like many people I sign up and joined to find out it was all an auction scam. I ended up winning 2 pretty cool items for really cheat $$ and they cancelled my membership and they didn't even refund my bid money that I place which cost me $80 plus dollars. I reported this website to my state attorney generals office. People please be aware you are getting involved in a SCAM, learn from my mistake. Don't spend your hard earned money.

I watched two auctions, one for a 32g Ipod Touch and another for $100 gift card. As I watched the Ipod auction the bidding would go down to 1 second, somebody would bid and the time would go up (as expected), THEN after a while it got down to 2 seconds, froze for a moment and BOOM auction ended and sold.

On the $100 gift card I was bidding, and watching it closely... I bid several times, most of them with 1 second left, I probably did this 5 times. Guess what happened? All of a sudden with 2 seconds left BOOM auction ended.

I emailed their tech support to complain and this is what they send me:

We are sorry you feel this way. We do offer the "Buy it Now" feature so that you never have to walk away with no product in hand.
In case you aren't familiar with our "Buy it Now" feature lets you apply bids placed on any particular auction towards the cost of that item. For example, if you spent $10 trying to win a $30 product, and didn't win, you could apply that $10 in bids and only have to pay $20 to buy that product now.
We encourage you to use our site again, but we understand if this type of auction website is not for you.

That pissed me off even more, i emailed back and demanded a refund. They told me they would send me a refund for what I didn't use, I called BS and demanded a FULL REFUND. They screwed me over. Doubt they will do that but I can try.

The truth is that the site does make one person really happy when they win. But everybody else gets screwed by paying for the bids at. 60$ which depending on the item can up the bid a penny to 10cents. Honestly. Unless you are going to buy the item full price the only people who win are the site owners... racking in huge lumps of cash off the bid prices.
For instance:
If the item is an xbox 360 it will bid up. 02 every time somebody bids. If the last one sold for $32 that means...
For every dollar there is 50 bids
Every bid =. 60$ so
Every 50 bids/ or $1.00 = 50 x. 60 = $30
Every $10 = $300 for the company
And $30 = $900 for the company
So $32 would be $960
I have seen xbox's go for 50-60 on there. Meaning the company is pocketing 3-10 the market value of the item. So if you are lucky and think you can win go for it. Not to mention is they didn't make their money they could always set up an account for themselves to bolster the price the level they need it to get the consumers bids to pay for the item or to win for themselves and never actually produce the item unless under a direct buy... Smart guys.

POSITIVE:
If you bid and lose, you can apply the amount you spent on bidding towards buying the item you bid on (at full retail price). So basically one person gets a good deal, everyone else either lose their money or have to shell out more cash and buy the item at the MSRP - which is normally a lot higher than the price you can find somewhere else.
So I would only advice bidding on any of the items if you are planning to buy this item at it's full price. If you lose the bidding and don't apply the money you spent toward buying the item, you lose ALL of it.

NEGATIVE: (Reading this please consider the positive outlined above)
SCAM SCAM SCAM (mathematical screw-you to the buyers). AVOID!
It costs $. 60 to place a bid, so you think you are getting something cheap but end up spending $30-$40 on just bids and still end up being outbid. You can only bid in small increments (1 to 5 cents). The site is a scam for the bidders and a cash cow for the operators. For example Amazon Kindle recently sold for $112.10 (retail$259) - sounds good for the winner, but to reach $112.10 in 5 cent increments it would take 2242 bids! So since each bid costs 60 cents, the bidders wasted $1345. 20 for a $259 item!

Another example - They sometimes auction off bids, yes those same bids you have to buy and spend to try to win this auction. An auction for 50 bids (a $30 value) recently sold for $14.10, at 2 cent increments people WASTED 705 bids for one person to win 50.705 bids at 60 cents each = $423 for $30 worth of bids

Afterthought:
How do you even know that the people that are outbidding you are real people? The owners of the site can have a bunch of fake accounts that outbid people last second in order to increase the amount of bids on their items.
Don't be tricked, street scammers have used similar techniques years!