Any good bidding sites?

What's wrong with ebay?

 

damn .60 cents per 1 cent bet... they making some bank.
for every dollar they get 36. so if that $1k camera goes for $100 they get $3600. $2600 profit on a $1k camera.

wish i came up with that swoopo business plan.

 

oh god, i hate how tempting these sites are. my mother uses a site like this, and sits at the comp for hours at a time, and never wins anything. shes only lost about 40 bucks, but losing money is losing money.

brilliant idea, really, but it kind of takes advantage of dumb people who dont actually understand how bidding works.

 

The best bidding site was probably uBid.com (I don't even know if it's still around) back in the late 90's or early 00's. I remember buying my first laptop on there and getting a $700 router for something like $99 and selling it for a profit. Bidding sites really died when everybody and their mother started joining bidding up products higher than prices on retail websites.

liljojo also has a point. Some of these sites just suck people in and they start bidding and buying stuff they otherwise wouldn't have bought because they "got a deal!".

 

Well the bid sites he's talking about have completely different models. If anything its not really bidding in the traditional sense. The Swoopo model is just bad, so many lose so much without winning anything. Its more like a lottery. Sometimes you get lucky, most of the time you don't.

I know of Nitrobids, I know them because they gave 50 free bids when their were in their beta phase. Didn't win anything

But yeah don't get sucked in.

 

How do you even win? It's like you have to sit for 12 hours straight to actually win something, it's ridiculous.

 

I dont understand. On the website it say a iPhone 4 sold + 150 credits sold for 7 bucks or whatever. Now, 1 bid = 1 dollar = 1 cent. So, this guy pays 7 bucks plus however many bids you placed?