Flookle Rip Off

kenef

Has anyone else visited the site www.flookle.co.uk?
It's an auction site which seems to have some fantastic bargains on it. You have to buy credits in advance for 50p each, so I dutifully bought £25 worth so I would have enough to bid on a digital camera.
First obstacle: each item has a reserve, so my first bids on a camera were wasted because it didn't reach the reserve.
Second: If you don't win the item all bids you made are lost.
Third: Each bid costs you 50p but only pushes the price up by 8p.
Fourth: There aren't enough bidders to get anywhere near the reserve so no-one can win.
Fifth: you can't push the price up economically by yourself as each 8p bid costs you 50p.
Sixth: There's no way to get your money back once you've bought your credits.
Is this legal? There must be other suckers like me out there, and this site must be making a mint without ever having to sell anything!

ohreally

This took less than ten seconds to find...

Do I get my credits back if I lose?

No - Once you have placed your bid your credit has been spent and cannot be refunded.



Did you actually read the site q&a's?
http://www.flookle.co.uk/howitworks.asp

krazykidskate

ohreally wrote: »

This took less than ten seconds to find...

Do I get my credits back if I lose?

No - Once you have placed your bid your credit has been spent and cannot be refunded.



Did you actually read the site q&a's?
http://www.flookle.co.uk/howitworks.asp

I think the OP wants what is left of her £25 back. She understands that her 50p bids are lost. From having a quick look it seems as if bidding on this site is a form of gambling. I wonder if they need/have a license for it?!?

oliveoyl

Ouch... what a horrible con. I feel for you OP, I'd be fuming.

trishaa

its abit like telebid, by the sounds of it. a complete rip off, sorry op, i feel for you to.

Jasminesmom

:eek:
What a rip off!

Stanbe

Ouch!
Doesnt look good. Sorry to hear that OP.

Just looked at the one of the Xbox 360 bids (Item #312).
They say the reserve price is £74.88, so if my calculations are right ( please correct if wrong ) they need 936 bids (8p each) in order to hit this? 936 bids means they make 50p each, which is a sale in bids of £468 to them!

Do you then have to pay the £74.88 ontop of the bid?

Perhaps if you are the last person to put a bid in it's a deal, but what is the point in putting a bid in before the reserve price is met then?

Can they legally do this though?

musicals

:silenced: :silenced: :silenced: :spam: :spam: :spam: :spam: :spam: :spam: :spam:

marvin

musicals wrote: »

:silenced: :silenced: :silenced: :spam: :spam: :spam: :spam: :spam: :spam: :spam:

How exactly is this spam?

musicals

My apologies to the OP. Read the first two sentences - was enraged to see that this was the user's first post. Put 2 and 2 together and made SPAM.
Clearly not.

oliveoyl

flookle wrote:

a: We are a business and we want to ensure we make a profit

You're not ruddy kidding!!!

Con artist :mad: