Posted: 11/11/2010 2:05:06 PM EDT
| Been hearing about Quibids on the radio. Just went to the website and it seems too good to be true (which means it probably is). Anyone actually have any personal experience with Quibids? |
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You pay for the chance to buy something. One winner gets it dirt cheap, and the company running the place makes 5-6 times its cost from all the bids people paid for. You can spend a lot of money on there and never get anything.
ETA: read here http://en.wikipedia.org/wiki/Bidding_fee_auction |