Beezid

[DEMMYM]

Anyone seen this

Penny Auctions | #1 Penny Auction Site | Online Auctions | Beezid.com

Crazyness, You can win stuff really cheap, But if you loose, you loose the money you bid. Works really great if your the winner.

 

[BlondeOnaBusa]

I was wondering how that placed worked. I've seen a few commercials for it. Have you tired it?

 

[chrisjp]

is it another one of those "you buy bids at 5 or 10 cent a bid" and if you are the last bidder you win it and bids raise by a penny?

 

[bradbusa]

Yes it is. You buy bid packs. Then you spend them.. Bidding. And hope no one bids after you. Good luck!

 

[DEMMYM]

I was wondering how that placed worked. I've seen a few commercials for it. Have you tired it?

Nope, Not sure I want too. I have been watching it though, I saw a 500.00 home depot gift card sell for 72.00 The winner bid 167 times which means he spent 167.00 dollars and got a 500.00 gift card. but it also means there were 7200 total bids on this item so Beezid made 6700.00 dollars on this item.

Like I said if your the winner its great.

 

[Acehole]

No one should make that kind of money off what i would call a scam. Paying to bid on an item..rediculous.

It's like a form of gambling...I'll set up the annonymous hotline for the addicted and charge them $100 bucks a call, .50 a minute!

 

[DEMMYM]

Nope, Not sure I want too. I have been watching it though, I saw a 500.00 home depot gift card sell for 72.00 The winner bid 167 times which means he spent 167.00 dollars and got a 500.00 gift card. but it also means there were 7200 total bids on this item so Beezid made 6700.00 dollars on this item.

Like I said if your the winner its great.

I forgot the best part, There is a timer, If no one bids within a certain time frame ( some are 12 seconds others are 16 or 20 seconds ) then the auction ends and the highest bidder wins. Pretty cool if your the only one bidding on an item. However if your bidding against someone and you know if you loose you loose all the money you have bid. It kind of makes you need to keep bidding

 

[BlondeOnaBusa]

Sounds like a rip off. Wonder if they have staff members jacking up the bids?

 

[DEMMYM]

Sounds like a rip off. Wonder if they have staff members jacking up the bids?

I wondered that myself, But I did see a laptop sell for 7.42, and a remote control boat sell for 7 cents.

 

[Blanca BusaLess]

Brilliant and whoever created it is a very wealthy person all of the sudden.
Not that I would use it but there are enough idiots out there who will.

 

[Fastfrog007]

Go sign up and enter the coupon code "toon" get ya 10 free bids. Im not gonna buy any bids, but ill see if i cant get a freebie

 

[lil charlie]

Wondered how that site worked....what a rip off
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