I signed up with bidsauce.com and I have been watching the site for months and months. I did with some items and they send me those after 2 or 3 months. I see that they were having lot of loses then I see pattern bidding or handful of user bidding. Example there are about 8-15 different user account who bids on item and with the item all the time and these users never bid against each other. I believe these are inside bidders.
Here is an example: lets say my userid is: MyBid, and other users are, User1, User2, User3
As per rule each user can win up to 4-6 items per day based on the account. All these users has 4 win or 5 win limit. And they do bid on all the items. If user1 bids on 1 item user2 or user3 will not bid on the same item. I tested out with $300. I lost all the money. I bid on lets say Item1, only this item. User1 comes and bids right away then I waited till last second to bid and user 1 bids right after me.
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