QuiBidsReviews 3,061

I would not recommend this site to to my worst enemy. This site is built on fraud.
An item cost $1199. 99 was bid on by a group of indivudals who spent $45.58 in pennies. Converting that to 4558@. 60, correction. 61 cents per bid times 4558, which gives you a grand total $2780. 38
A gift card valued at $200.00 sold for $410.53 thats one hell of a mark up.
Samsung 3dtv do not know the size but... the bid was closed at $68.22, that my friend is 6822 bids@ 61 cents $4161. 42 actual cost $1418. 00 a hugh profit of over $3000. 00 plus.

What I am going to do is file a complaint with the FTC along with USPS fraud section. Times are hard these days so watch your pennie
I actually purchased 100 bids cost $60.00 in less than an hour it was gone what did I get for it a 9ft. HDMI cable. It's actual value I think was about $13.00.
Cost to was $65.00

A COMPLETE AND ABSOLUTE SCAM. I was very interested in this site after reading an article about it on online. Being an analytical sort, I decided to watch it closely for a while. (and by closely, I mean i actually stared at my computer and counted, on paper, the number of bids being made by certain constant bidders) The item on auction was a simple netbook computer worth just over $300 retail. I witnessed not 1, not 2, but 3 bidders bid enough times so that their total cost was well beyond the retail price of the item. In the end, one of the three persistent bidders won a $300 netbook, for which he paid well over $400. No one, and I mean NO ONE, can tell me those three bidders weren't QuiBid bots!

I understand that all bids can be applied to a credit towards buying the item at retail. BUT... it is obvious to me that you are not always bidding against other hopeful customers. Instead, you are bidding against the company itself which is trying to keep the auction going... at $0.60 a pop. This is unconscionable!

Well I am not a gambler but this site turned me to a gambler withing 6hr I spent more that $500.00. Initially i bought the beginners package which exhausted pretty quick. But I believe I needed to learn how this site works so I bought $150.00 bids and started biding in an Item and for spending that amount i said I will not loose all this money and not get anything in return so I kept buying more bids till i won a bid on a Apple MacBook Air 11.6" Laptop. With is I know I can recover my $500. Plus. But what amazed me was they had to make me pay the $33.69 for the wining bid $19.99 for Shipping totaling $53.68. But the funny part is they don't tell people how much people actually spent before wining the bid. Again their is no Technical specifications of the Apple MacBook Air 11.6" Laptop anywhere on the site, tracking of shipment. I don't even think they have these items in stock. They are being purchased after the bid ends from what the earned. I do not advice anyone o do this cos you could quickly drain you bank account.

AVOID THIS SITE! This is the High Frequency Trading of online auctions. I wasted a hundred bux and 5 hours today -- am so mad at myself!
I won a $25 Borders giftcard for. 50 right away and they straightaway sent me an email saying I'd won their "Scrooge" badge for winning a $25 auction with less than 5 bids. Oh, flattery! I decided to go for the Ipad. Well I wasted all my free time today sitting in front of the damned screen hitting the Bid button whenever the counter got to 1 second. I bid on Ipads, cameras, giftcards, GPSs... my pride was on the line... I had to win! Then I started noticing that for some reason, the auctions I was bidding in went on and on, and despite my most canny efforts, I never won anything... while a few other auctions for similar things fizzled out at very low prices. I think they let some auctions fizzle out that way as teasers -- then when they get a few live humans bidding, they turn on the bots. I complained to tech support -- if they don't refund my bid money, I'm going to complain to Paypal and my Visa card and dispute the charges.

I haven't used this site, but I want to give you all, that have, a tip.

Whatever you have paid them, you ask your bank to charge back the fee. You tell them the company is a scam, that you were lied to, or mislead, and that you want them to dispute, and reverse the payment you sent to Quibids, to buy bids, or whatever you wish to have reversed. This is your legal right and with enough CHARGE BACKS, this company WILL FOLD. DO IT NOW.

I guess if you're doing it out of curiousity or to kill time it's not bad for a couple of days. I personally lost ten dollars when it was all said and done. Assuming that the gift cards I won ever arrive. Here is the site in layman's terms and not an analyst. Here we go...
Shipping is $1.99 to send a gift card. Can you say gouging? Also, shipping time they say is within 15 days. Hello? Worse than ground. What a bargain?!
Next, vouchers are a complete waste. You CAN NOT use them to buy an item or to redeem. They are sneaky to let you blow your real bids before you realize this.
Next, you quickly realize how much $$$ this company is making. When little $10 gift cards go for 1000 bids and more. Translation $600+ this site is making a killing which I started to resent after an hour or so.
Next, if you do buy an item with real bids you might end up paying more than MSRP if you don't hit button quickly before more bids drive up the price of the item.
Next, they advertise this site as the next ebay.com. Sorry, but what world do you live in CEO. In an auction you don't have to prepay just to bid. Second, you can bet what you want not lame 1 cent bids. Third, if you lose you the aunction you don't lose your $$$. This is gambling to the core. It's not much different than the one armed bandits you find all over Las Vegas.
Next, penny bids actually cost you 60 cents each. Easy to forget this win you're caught up in the moment!
Finally, they limit how many auctions you can even win in 24 hours. They limit how many big items you can win (by the way that number is 1) to 28 days. They will expire your bids (credits) after so long (6 months I believe).
Only positive is that the idea is a brilliant one. Feeding off peoples desire to get something for nothing. Cause, seriously, how many people are really going to win that 55 inch 3D TV for twenty or less penny bids. And monkeys are flying out of my butt. Ha ha ha.

STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY... STAY AWAY...

To those who say it is not a scam and site capitalism as its true nature are themselve wrong. What makes this a scam is the ability to manipulate the bidding by the Sysop, (operator of the game). Based upon the complaints here and on other sites that is what they do, manipulate the bidding!

I realize most people can't accept good advice and have to blunder through life, and for those of you who buy into scams like this, "I have quicksand bungy jump idea you could buy into".

First, let me assure everyone that I'm not a Quibids employee. I had never even heard of penny auctions until a friend recommended the site. I signed up, bought some bids and started bidding without reading the directions. I still won a couple of gift cards for about half their face value. I got into a bidding war over an IPad and ended up buying it at retail price, but I wanted one anyway and I didn't lose the money I had bid, because I was able to apply the bids toward the price.

After a couple of days, and spending a few dollars, I've maxed out the amount of things that I can win in a 28 day period, so I'm locked out. When it was all said and done, I came out about $40 in the hole, considering money spent vs. merchandise purchased. I also bought a couple of things that I probably wouldn't have purchased ( as in I didn't need them).

All in all, it was a fun experience, and alot more rewarding than playing slot machines with some of the same thrill. I definitely will play again when my lockout ends, but I'll play smarter, and only with money I reserve for entertainment. I like Quibids!

Absolute scam.
I put on a watch list 6 separate IPOD's (2GB Shuffle) selling at approx. The same time.
4 sold for pennies, but the two I bid on sold for 20 times more, and ironically, just after I ran out of $60 worth of bids on one of them, it sold. So I then used the "buy it now" option and had to pay $24 more. Humm? So, I spent about $84 for an ipod that retails for $60. GREAT DEAL! No way is this 100% on the up and up. SCAM, SCAM, SCAM.

Quibids is a scam. Like everyone who has commented on the site, I too test drove it and I have made the determination that its a scam through various ways. I spent one hour on the main "home" page, which shows the auctions that are coming to an end, observing and lightly participating in one auction. The product was a 22" LG LCD TV. While bidding on the smaller TV, which was in the $2 range, three 46" LED TV's ( twice as larger and slightly better LED technology) were also on the block in the $4 price range, however the smaller 22" LCD (which I was bidding on) seemed to be in greater demand than the larger TV's based on the fact that there was constant "Bid-O-Matics" (automated bidding) action from several participants. If you had the option of purchasing a 46" LED TV for around $4, or a smaller lesser quality LCD(as compared to LED) TV, which would spend all your bids on? I didn't even want the 22" LCD (Like many logical consumers, I too would have much rather spent my bids on the larger TV's), however I found it interesting how demanding the 22" TV became once I started bidding on it. Hummm? Moreover, during my experimentation, I noticed someone won one of the 46" LED TV's for $5.14... yes that's correct, five dollars and 14 cents. The 22" TV I was bidding on reached $3.96 before I fully decided that the site was a giant scam for the consumer. Previous comments have elaborated on the actual cost to the consumer, which I agree with. From a time stand point, bids are probably placed 1 every 10 seconds, or 6 bids/minute. And 1 bid = one cent. $5 = 500 bids, 500bids/6bids per min= 83.******* mins (or 1hr 23 mins 20 secs). A $10 items equates to roughly 2 hrs 46mins and 40 secs, and so on. Who has three hours to spend on watching and placing bids?

I joined just to try and win something small. It offered many nice things, expensive items. Somethings very cheap. I wanted to learn first what to do so I did the beginners auction. I tried and won 2 times, both being small items. A $15 gift card with extra bids and another 15 bids (Voucher bids). So after spending $75 to join and winning some extra bids which gave me like 155 bids overall. And after this little practice I thought I would try for something different but not expensive. I tried to get a coffee maker with a retail value of$100. This was after trying a few other times on some other items. Of course I was never close to winning. That was the reason I wanted to stick to one item not so expensive. I had 86 bids left when I started trying to get the coffee machine. I ended up bidding back and forth with one person in particular who seemed to be without limited resources. I used all 86 bids and lost. I seriously believe this is a scam. That person just ran me out of resources. Probably was someone affiliated with this site. Thats my guess. Can hardly believe someone would want a coffee maker that bad! Could you imagine the big ticket items, WOW! I just wanted to warn people that quibids isn't really that great or fair. They are making a fabulous amount of money off of everyone. At $. 60 per bid that coffee maker sold for $5.83 cents which means 583 bids. There is a picture up of one that sold for $. 03. (NOT) That site sold that retail value $100 coffee maker for $350.00. Believe me when I say it's a rip off. Plus they made money for shipping and their transaction fee. I also watched their timer and it doesn't work that well either. BE CAREFUL!

I think Quibids is a blast! Just started using it a few days ago and have already "won" five auctions. It's relatively easy to pick up the more inexpensive items like gift certificates to stores and restaurants, and you'll always get them for significantly less than face value, as long as you use your bids judiciously. As for the more expensive itmes: they are very tough to win, you need some luck, a little skill, extreme patience, and, the ability to know when to walk away. It is almost exactly like gambling and can be very addictive, so BE CAREFUL! If you have a gambling addiction, STAY AWAY!