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Author Madbid.com
oceansoul
Member

Registered: 19th Jun 06
Location: Sunbury, Surrey
User status: Offline
22nd Oct 09 at 16:24   View User's Profile U2U Member Reply With Quote

http://uk.madbid.com/

Just seen an ad on tv....

Is it just another lowest bid wins site? I see nowt special

EDIT: Not a lowest bid auction. The bids increase by 1 penny and then a 59second counter starts and if no one bids within that time limit, you win for that price. Not quite sure about it tho, atm im watching a Brand New focus on there, and its currently at 660 odd. So say some one wins it for that...just walk in to a dealer and say ill take a brand new focus for 660quid please

[Edited on 22-10-2009 by oceansoul]
ste_p23
Member

Registered: 29th Dec 08
Location: Hindley,Wigan
User status: Offline
22nd Oct 09 at 16:29   View User's Profile U2U Member Reply With Quote

Ive used this a few times and tbh its a waste of cash!
stubs
Member

Registered: 30th Jun 02
Location: Bolton
User status: Offline
22nd Oct 09 at 16:34   View User's Profile U2U Member Reply With Quote

"if it looks too good to be true...."
oceansoul
Member

Registered: 19th Jun 06
Location: Sunbury, Surrey
User status: Offline
22nd Oct 09 at 16:35   View User's Profile U2U Member Reply With Quote

Blah! Just read you have to pay to bid didnt think it would be that simple hahaha
LukeS
Member

Registered: 25th Nov 07
Location: Ormskirk
User status: Offline
22nd Oct 09 at 16:35   View User's Profile U2U Member Reply With Quote

Yep exactly what i was thinking.
stubs
Member

Registered: 30th Jun 02
Location: Bolton
User status: Offline
22nd Oct 09 at 16:38   View User's Profile U2U Member Reply With Quote

Yeah it's not so much a scam, but the "house" always wins.

Look at the focus that's currently at £663 odd.. at £0.75 - £1.50 per bid, that's so far earned the site between £49,725 - £99,450+

 
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