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Beezid.com

The Saltman

By The Saltman,
in Huddle Lounge

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DC Amp Enthusiast

DC Amp

Posted
Posted

The ads for these sites piss me off with their misinformation, example, Ipods won for $49.00 etc. What they don't tell you is the bid price only increases by $.01 each bid and each bid cost you $.50 ...do the math! :out:

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sharkkiller Rookie

sharkkiller

Posted
Posted

I think the sites have their benefits, if you know how to use them. You just have to make sure that you don't spend more than you want.

For those who are unaware of how they work:

You buy "bids" @ 0.50 apiece. Then you use those bids in an auction. Each bid that is placed raises the bid .01 (or more depending on the particular auction). If you win the auction, you pay the price for whatever you win.

So for example:

If you purchased 50 bids (25.00) and the product sold for 49.99 you would pay the 49.99 plus you would have the 25.00 you spent on the bids, so essentially you paid 74.99 for the product.

The mistake people make is that they don't include the initial bid purchase in their total price.

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