QuiBids Review
Is QuiBids Legit Or Scam?
Before this QuiBids review goes into the details of how the website works, it is important to understand the principle behind Penny auction websites, of which QuiBids.com is part of. Penny auction websites offer products that are rather costly when bought over the counter, for a fraction of their retail cost. For example, an electronic gadget that would normally retail at $500 is offered for about $20.
However, members of the auction website are allowed to only bid for a single penny at a time during the auction. What really draws people to these websites is the fact that the final buyer gets the product at a price way lower than they would have got it off the counter.
QuiBids review: How the website works
The first step is to sign up so you can have an account on the website, for all your transactions. In order to participate in any auction, you will have to buy bids, each of which costs $0.60. You will then proceed to choose the product you intend to bid on. There are hundreds of these products ranging from simple electronics to the high-tech products such as the Ultimate Apple Macbook. Bidding is as simple as clicking on the “Bid” button of the product you choose. If you are the last bidder of a given product, you win it.
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So, does QuiBids scam people?
Here are the important highlights of this QuiBids review to help you arrive at the best answer to this question. First, you will be required to pay before you start placing your bids on the items listed on the website. Additionally, you are restricted and cannot make increments on your bids as you desire. The QuiBids platform also seems not to have an independent third party to monitor the auction process to ensure that neither the seller nor the bidder is treated unfairly.
On the other hand, www.quibids.com and other similar websites have been in operation for a long time and are recognized by the law as legit. Quibids is currently the largest penny auction website in the US and has a rapidly growing attraction.
QuiBids review in summary
Unlike most of the recognized auction websites, QuiBids acts as the seller and the auctioneer at the same time. This seems to be a step to create a way of forcing the prices up for the sole benefit of the website. However, the website deals in real products and there are thousands of real winners every day. However, it seems that it is not the diligence of the bidders that makes them win, but sheer luck.
Do you know anything that we have left out of this QuiBids review that could be helpful? We would be glad to hear from you. Kindly share your experience by posting a comment below.
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This a now you see it now you don’t but you can watch your money disappear at 60 cents a bid. Think you can get a bargain with one 60 cent bit? If you said no you can bet your bippy your correct. Think about it. They advertise these cheap prices but once inside Madams Crib they tell you there may be 1500 bids on one itouch. Consider the profit to QuiBids 60 cents 1500 times makes Quibids profit about 600 smackers. Whey can afford to buy wholesale from apple old stock and still come up with several hundred percent profit. The rules are an exercise in obfusication or smoke and mirrors. The final blow comes when you realize you have spent 60 dollars for 120 bids just to get inside the auction to look around. That happens as slippery as a pickpockets hand and it takes a moment to realize you have been fleeced.
I am sorry dr. Oz and others who appear reputable endorse QuiBids because the credibililty of these folks will diminish soon. If your an investor buy the stock just don’t buy the product! If you invest get in and out before the customers realize the are in a shell game. I guess Oz can afford to invest in a scam because he certainly does not practice medicine anymore therefore does not need creditability .
The account was deactivated without entering avid. In just a twinkling of eye I lost 60 bucks. They did not offer to return the money.
They do not specify anywhere in the instructions when you start bidding that you can’t bid in separate auctions for similar items if your item is over $295. It’s written in terms &conditions that one “may not win” such an item. However bidding is not winning. I wasted 26 bids just because of that. They simply blocked me.They don’t give you an option to withdraw from an auction and be only in one. When I emailed them about the problem they replied ,” Our system will not allow you to be the high bidder in two auctions …” Thanks a lot for letting me know after the fact. If one does not like them and wants to stop participating, they do not return the remaining money.
So you decide if it’s a scam or not. On my opinion it’s a scam, since they do not return the rest of the unused money (obligatory $60 bid pack) to a customer who does not want to be their member any longer.
I wrote a review on Quibids and I think it’s not a scam. It’s a gambling website, you bid you lose 60 cents, regardless if you win or loss. Read my full review here: http://www.keyframe5.com/quibids-review/
they got me for $60 also — was like thowing $60 in the fire
hey sen u r an idiot, to the thought of Quibids not a scam. they advertise pennies to bid but i reality it cost you 60 cents per bid. and they win always.item wins for $50.00 that is 50 x 100 x .60 =$3000 so the winner maybe paid a hundred or so in 60 cent bids but the real winner is Quibids. total joke needs to be banned.
If it sounds too good to be true then figure it out logically. I, unfortunately, was looking at one of those Q sites about 3 years ago. It took me months to get my money back that I never even tried to use, but kept ALL documentation and my credi card co. Got it back for me. I informed the BBB and the attorney general of my state and the state they had as an address. Do due diligence prior to even looking at any of these auctions.
people are fools.
if you pay attention to the facts then yes. the company makes $600 for every $1.00 (100 bids) that an item sells for. but somebody actually did win that item for ONE DOLLAR!! i bought a bid pack from quibids…watched the website for a few hours, figuring there had to be a basic algo. and these guys are geniuses!!! they funnel site traffic to the one or two big ticket items available at a time and basically offer nothing of value at weak times of the day. knowing this. if you do AS THE SITE ASKS and consider this as ‘potentially discounted shopping’ than you can do quite well! i’ve spent less than 10 bids (watching, judging when an item might go and jumping in at the right time) and won 3 auctions (2 for more bids and 1 for a silver bracelet which i was in the market for anyways.) again. i’ve spent $6.00 on bids, about another $8.00 in payment and have ‘won’ 50 bids ($30 value) and a hundred plus dollar (plus shipping) sterling bracelet…i won the bracelet for $0.01 by paying attention while site traffic was pre-occupied with other things.
i intend to go after a few more smaller items and then blow out my remaining bids trying to get an ipad…best case is i get it for under 100 bucks with less than 100 bids…worse case is i blow out all my bids and buy it for retail price (with the value of all my bids subtracted). the last ipad went for $80.00 that means that somebody actually did get an ipad for $80.00, plus shipping, plus the ammount of bids they used. and the website got EIGHT THOUSAND BIDS x $.60 there’s no scam. but people are fools.
i have to stress that a lot of people are going to lose a lot of money…watch the site for a few minutes and count the $.60 cent bids just pile up. but if you are smart. bit at the right times. and go after things you actually want. you can do very very well. don’t expect to buy everything on the site for small change but approach it as potentially discounted shopping.
I paid 60.00 to join bids about 5 times, went back a week later and tried to bid said I have to buy more credits??? at .60 a bid, that doesnt work out to 60.00…..ist a scam|
QuiBids is a scam. SCAM SCAM SCAM – They just got purchased by the same people that owned dealfun – read up on dealfun so you have an idea of whom you are dealing with… sure, some people get lucky, most people just bleed chips or get outbid by bots, and eventually they will shut this site down the same way they shut down dealfun – by not sending product, and subsequently vanishing.
Seriously, go do dealfun.com – see where they direct you to.
Search for dealfun reviews, see how many people were happy in the twilight of their run – quibids is next, and you will likely lose much more than you gain.
But hey? you want to keep these cats rich and get hustled and suckered, then sign up, you sheep.
hey guys THANK-YOU. I was going to sign up but your advice helped me and will help lots more. true words to live by ‘If it sounds too good to be tru, it IS.’… thanks again to you and this particular site.
It’s a SCAM. I spent $200 to win worth $60. I have to pay shipping and taxes, thats additional $28.00.
If it is a gambling site but they claim it to be an auction site, how is this not a scam ?
I saw their add on TV so I decided to give it a look-see, considering almost every single other penny auction sites are frauds.
Too be honest I was skeptical at first and yes, they do have sneaky ways of getting you to spend money. Bidding on an item is an adrenaline rush and in order to keep bidding and (possibly) win what you want, you have to buy the bids at .60 a piece.
I do understand that they are sneaky and a lot of people are mad because they lost all their money. Well I was one of those people. I spent all my money buying bids. I did win a few auctions and THEY DID SEND EXACTLY WHAT I BID ON TO ME IN THE MAIL WITHIN THE 7-10 BUSINESS DAYS AS PROMISED. They do not lie.
But they do what they do to make money. How else are they going to sell a brand new $600 IPad to you for only $14? If they didn’t do what they did, then they would be bankrupt.
You can’t be bitter because you got carried away and lost all of your rent money. That’s your fault. Not theirs. They are just doing their job trying to make a profit. You should have been smart enough to know when to stop bidding.
I checked it out. Figured it out as a rip off. Lost a little money and WILL NOT GO BACK.
Learned what it was about pretty quick.
SKIP QUIBIDS.COM.
1 penny = 60 pennies. How do they get away with that. The ipad that they claim went for 22 bucks actually costed about 1300 bucks.
It is not a SCAM but it is a form of gambling. People have to read through all the rules and stipulations BEFORE attempting to win an item.
Read the comments by George posted on April 4th and by Jessica posted on April 12 to get a true picture about the site. I will not repost the same comments but they both hit the nail on the head. Buyer beware, don’t be an idiot and don’t gamble like a fool….BUT the site is legitimate and it is not a scam.
Saw the ad for QuiBids during a commercial while watching the NHL Playoffs (Vancover “0″ VS Los Angeles “1″) and decided to check out the site after the game.
It looked like an interesting enough site so I decided to sign up and take an inside look as a member. Costly plan….
Of course they requested my real name, username, and address, but also…. they had a form area for “credit card registration” (in the sign-up procedure). It was a …. complete page 1 then click the “continue” button …. then complete page 2… and click the “continue” button… (type of deal) which basically requested your credit card info as part of the sign-up activity.
Finally I was all signed up…. and up on screen came my account page to show me that I am now a member….. and ….. to show the monetary transactions I made so far. This is when I noticed that my credit card was charged $60 plus $8.99 tax. Now in “quibids” defense…. it “does state” on their site that a starter package costs $60. However…. there is no “order form”…. there is no “click to accept/approve payment button… no mention whatsoever that they are actually taking this money from you as you sign-up. All you get is an ad that explains that a starter package costs $60…. and you have to be smart enough to understand that you will automatically purchase this starter package “as you complete” the signup form (and without any further explanation or request for payment approval.
I consider it a tad difficult to trust a company that would sneak money out of your pocket in such a manner. The starter pack cost $60. I saw the ad…. and I understood. BUT…. at no time did I agree to actually buy the starter pack. Nor was I given the opportunity to make that decision. In my opinion…. that’s just sneaky.
I bought into it for $100 and when I saw what this was about and requested a refun and I got email back says we will review your account and get back to me and they never did. I tried calling and got nowhere. Then nothing,no more business and now they are back again. be careful. I got taken.
Thanks for confirming what I thought. When it seems to be too good to be true-it usually is.
Thanks to your review, I won’t waste my time in hopes of obtaining an item that I would be able to afford if discounted.
So you saw the part where it said a starter pack costs money, you recognized it costs money, you understood it would cost you money, and yet somehow you are surprised when they charged you money, even after you put in your credit card info????? You didn’t get taken, you’re just stupid.
It’s all a scam. If you thing this person is pinsasg on real tips all the while asking for your referrals you are sadly mistaken. I have been studying all of the tips offered up and have lost a great deal of cash. I don’t believe Quibids is operating at a fully above board level. This is only my opinion, but if you don’t believe be, go try out some the tips offered after you have spent a lot and see where it gets you. My advice? Wait for a sale with a good store.
Holy mother of someone. Thanks so much for this info. I actually just finished registering and about to enter my credit card info to purchase the 100 bids. Thankfully, I got smart and decided to do some research. I can not express how grateful I am to have found this site and the info provided here. Saved me $60 lol..and heaven knows how much more!
Don’t do it. When I signed up I saw three different options to purchase vouchers the lowest being $67 dollars. I was not on the site very long before I realized that to bid on a high price electronic gadget or high price anything, you would have to purchase a lot more vouchers than what $67 dollars would get you.
Think about it if everyone could go to this site purchase vouchers for $67 dollars and bid on a $400 dollar item and expect not to pay more than $67 dollars, everyone would be here.
Nope you want a $700 dollar item you have to decide what your willing to pay purchase the amount of vouchers your decided amount to pay will get you. Enter the auction when it starts and place your top willingness to pay. If you do not get it then you spent $ 10 or more dollars just trying, plus your voucher account contains your remaining vouchers your left from your purchase of them to do the whole thing over again till your 10 to 15 dollared out.
I was at this site for a total of 3 hours and it cost me $75 dollars and I was only trying to purchase more vouchers to built my voucher bank. I figured this is the only way your going to get ahead is to win voucher bids so you had more vouchers to bid with.
Yep you get more vouchers to bid with and so you do paying sixty cents to bid each time. I pay to bid on getting extra vouchers and it gives me a chance to bid more to spend more.
Nope 3 hours out $75 dollars emailed them, called them stating I was unhappy with their site wanted out and please look at giving me a refund. They gave me back $12 dollars.
STAY AWAY ITS A RIP OFF
tips and trick to help you win, It will also include links to datebasas, articles, and basically everything that you could possible want to help you win on quibids.com, I am also working on a top secret feature to the site that will completely change how you bid on quibids. I cant wait till its all finished and ready to go!
My mom is a member and she studied the auction patterns. Turns out if you research an item long enough and look at the bid patterns you can find what time it is likely to sell for the least and try to win it then. Sure it doesn’t always work but my mom probably won over 5,000 dollars in stuff and didn’t spend close to that much. You just gotta be able to work the system
It is like casino:
You buy bid, you won the ipad… The ipod cost $80…. You paid $80 + played bids (0.60 each) + shipping.
The site make…$80 = 8000 penies = $4800 for a $700-800 product.
The site makes a lot of money = YES, smart way.
WHY LIKE A CASINO: You dont know if you will win, you may spend $60 on 100 bids without luck… Or you keep biding and won a $60 worth value bidding $87.
Scam, i dont think so, you feel it as scam because you are comparing it with ebay or others…. But in fact LIKE A CASINO, YOU MAY WIN TODAY, OR LOSE EVERYTHING!!!
Is it a scam. Only if you are not smart enough to figure it out. I never buy merchandise, only gift cards. Example: a $50 target card, I bid until I have won it or I ‘buy it now’. If I win I get it for the cost of my bids plus s&h. If I ‘buy it now’ it will cost $52. I have been buying cards for a year and a half and have spent $8000! I have accumulated $12000 in cards. I buy gas, food, pay bills on line etc.
Whenever there is a issue they are quick to reply and always are fair.
Thanks to all of you who can’t figure it out and have contributed to my families economy.
In addition, it’s great fun,
I compare these sites to casinos. People must realize that the website itself has a lot costs and the people who sign up pay for it all. Its like gambling for a chance to get a product for so cheap that you think you “win” Although i bet a lot more people return to casinos than to these websites.
I had terrible experience with Quibids. Do not spend your time and money! I won an item in January, it’s April now, but I still have not received it. They opened several issues on that, but nothing has been done/ resolved so far! Awful customer service, no support. Waste of money! Stay away….
Guys, it can not possibly be a scam if its BBB approved. So I tried it out, and spent about 500 dollars before I really got the hang of it. There are downloads out there to help you track bids and players which really help. I started selling the stuff i’ve won on Ebay. Its a great hobby for me and my wife. Give them a try! and use my link please! I am developing a software program to help profile other bidders and could use the referal bids to help gather data. Good luck to everyone!
http://qb.cm/r16922831
SCAM. I have participate in too many of their so called auctions and have yet to win. The frustrating thing is every auction I get in the price goes up, up and up. All the while the same item sells in other auctions for 10% of any auction I am in. How is that possible? I keep seeing other so called winners winning at very low to reasonable prices but when I participate they all go way over any other auction for the same items. Just makes you wonder……..
Most people go there to inquire and Register not knowing in QuiBids language register means purchasing. How can you call people an idiot when it’s pretty clear the Quibids is a scam. If you don’t think QuiBids is a scam then you’re an idiot.
I’m going after these basturds, the only bigger rip-off is angie’s list.
It’s obvious that the people posting on here saying it “isn’t” a scam, have some connection to the site… i.e. employees. It’s also obvious by spelling of some of the “employees” who’s grasp of the English language is tenuous at best, that China is somehow involved in this scam of a “auction” site. Look if it advertised itself as being an online auction/gambling site, then yes it would be “legit” although just barely, but it doesn’t. There is an old saying “A fool and his money are soon parted” my thoughts are more simple “A fool and his money were lucky to meet in the first place”. After reading the reviews of people who were unfortunate enough to be taken in by Quibids it is so obvious that site is a scam and will soon be taken down once Attorney’s General of many states start to prosecute them.
I signed up two days ago! The only thing I won was the bids they give you, basically I lost 60bucks, and worse more, I even bought more bids! at 45 dollars, so I lost. Here is the catch, ITS A REAL CLEVER WAY OF MAKING MONEY!. scam or not, my advice is DO NOT TRY IT! I am actually making headway to develop a program that will counter the auctions, so am hoping to get my money back, 1 fold, without having to call them!….its better to use you brain to beat them, than to ask or say they are a scam. so, next month, I will make sure the site runs bankrupt. watch this space!
the same thing happened to me they ask me for my card #and then summit and they charge $60 i think its a scam
I’m back and will once again take my place as king of QBIDS, it’s no scam I’ve won loads of items at knock down prices.
It’s not a scam, just complete BS. Very clever and legal way of conning people out of a lot of money. I didn’t wait until I lost $60, but was close. You have to take your hat off to the guys that dreamed it up. They prey on people’s greed, just like the bookies do for gamblers. Seems like there may be some Quibids employees leaving comments in this stream which is quite amusing. And as for Jaqueline on April 21st, yeah right, I’m sure your system will work, I’m sure it’s foolproof, easy to use and will rack up bargain after bargain. Now you’ll also be preying on the people that Quibids prey on too.
Who’s = who is. I think the word you’re looking for is “whose”. Better check your tenuous grasp of the English language.
quibids is absolutly not a scam i have won several products from them and have had no issues with them. maybe if you read the rules on the bidding you wouldnt be “losing bids” and only buying 100 bids just wont cut it
This EXACT same thing happened to me! I was just looking to see what it was about. Entered the card info figuring they just needed it to get an account started so that I could look further, but at NO time did I agree to the $60 package. It just appeared – same way you described. I’m really pissed about it too, because it wasn’t until after that point that you can even read about how the auction works. SCAM. I want my money back!