Quibids

I'm sure you've heard of the auction site Quibids by now.

Here it is in a nutshell:
You buy bids for $.60 each (100 bids for $60 at sign up).
Auctions start at $0.00, and each bid is $.01 and sometimes $.02.
If you bid 100 times on an item, you just spent $60 without a guaranteed win.
You can purchase the item at full price, minus the money spent on your bids within a time frame of the auction ending.

Here is what sucks.
There are a LOT of auctions that are bundled with many items. These have similar priced items, and the winner of the auction gets to choose what item they want. That was my first big turn off.
Now there are games, where you can win bids. First you have to win an item that has a game play attached to it. So this makes a seemingly low ticket item, a big one with the game hounds.
The biggest problem is the time it takes to bid on stuff. Sure, you can set your "bid-o-matic" to bid for you, but most people just bid until the automated bidder doesn't outbid them. Guess what, you just lost the item as well as the money in bids.

I spent just over $11, and several hours looking and learning. Then emailed customer service and got a refund on the rest of it.

The only way it makes sense to buy something on quibids is if it's something that you are going to buy at full price anyway. If it's an item on there, and you sign up, and try to outbid the others, and loose, you can then just pay the full retail for the item, with your bids counting toward it.

I just had to post this.

Cheers,
Kurt