Nintendo Ds

Nan_Nan

Hi this site seems to good to be true, has anyone used it.

Bidfun

cagsd

Hmmm, alarm bells rang immediately with me - as soon as I started typing the site name into the Google searchbar, it autofilled with "Bidfun Scam"
A quick read through a few sites reviewing it, would make me want to avoid it like the plague!!!

http://community.babycenter.com/post/a15344365/anyone_ever_use_bidfun

http://forums.redflagdeals.com/bidfun-scam-site-840424/

https://www.paypal-community.com/t5/Fraud-phishing-and-spoof/the-scam-going-on-at-bid-fun/m-p/73939/highlight/true

Etc etc.....

ashleypride

Nan_Nan wrote: »

Hi this site seems to good to be true, has anyone used it.

Bidfun

Like any other penny auction site, understand you are simply gambling and the odds are very poor. Whether it's acutally a scam (ie. fake bids) I have no idea.

Phantom_Flan_Flinger

There is always a chance you could get a bargain, but you have to be aware of how it all works.

As mentioned, there are a few of these sites around, but they all work in the same principal.

You have to buy bids. In the case of bidfun, you could be paying as much as 65p every time you bid. Each time you bid, you raise the price by a penny. You have to buy these bids in a block, the cheapest block starts at £13 for 20 bids.

It's not like Ebay where the time expires at a set time. If someone makes a bid at 1 second left, the timer resets to 20 seconds or higher depending on the item. This continues ad-infinitum until no-one actually bids on an item and the time runs out. There's a good chance that you'd use all 20 bids and not actually win anything.

What you may not realise is that you're not just bidding against the UK. Just look at www.bidfun.de and you'll find the German site with the same items.

Just to give you a rough idea of the profits they make. At the time of posting there's a Logitech mouse on there. The site obviously quotes the full RRP at £30, but it could be had for £20 if you bought it on-line. The price is currently at £1.63, so if you take the 163 bids at a bid price of 65p/bid, that's £105.35 for a £30 mouse.