Explain to me how this Mad Bid website is ripping you off?
16 October 2009, 05:09 PM
#1
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Explain to me how this Mad Bid website is ripping you off?
mad bid . com
You can't honestly expect me to believe that some choad bought a Mini for £6.83. Or a PS3 for 78p.
You pay money for a number of bids, you make the bid, if your the last bidder you win. If someone else bids you lose. And I'll be very surprised if your not bidding against web bots.
You can't honestly expect me to believe that some choad bought a Mini for £6.83. Or a PS3 for 78p.
You pay money for a number of bids, you make the bid, if your the last bidder you win. If someone else bids you lose. And I'll be very surprised if your not bidding against web bots.
16 October 2009, 05:40 PM
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My thoughts exactly. You have no idea who the "other person" actually is. Since they get paid each time your bid is unsuccessful it is in their interest to fob you off.
Maybe someone did win a mini for not a lot of cash, but I bet they are related to the owners of the web site
Either that or they are expecting the business to be pretty profitable and wrote that "auction" off to advertising costs 
I won't be using the place, that is for sure.
Maybe someone did win a mini for not a lot of cash, but I bet they are related to the owners of the web site
Either that or they are expecting the business to be pretty profitable and wrote that "auction" off to advertising costs I won't be using the place, that is for sure.
16 October 2009, 06:49 PM
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Its not in their interest to rip you off, as they look at the bigger picture of combined items. For example there was a laptop when i had a quick look that was currently at £25.64 with RRP of £449. So at £25.64 that is 2564 x £1.50 (at the price of one bid bought) = £3846. They'll make so much money on certain items that it covers the overall cost (say per month) of everything that they sell/auction. There was a mini that went for £155 i think, thats £23,250
occasionally there will be times when they lose out but not often, but you see £250 going for 10 times more.
occasionally there will be times when they lose out but not often, but you see £250 going for 10 times more.
17 October 2009, 11:05 AM
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Its not in their interest to rip you off, as they look at the bigger picture of combined items. For example there was a laptop when i had a quick look that was currently at £25.64 with RRP of £449. So at £25.64 that is 2564 x £1.50 (at the price of one bid bought) = £3846. They'll make so much money on certain items that it covers the overall cost (say per month) of everything that they sell/auction. There was a mini that went for £155 i think, thats £23,250
occasionally there will be times when they lose out but not often, but you see £250 going for 10 times more.
occasionally there will be times when they lose out but not often, but you see £250 going for 10 times more.
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