Great tv advertisement, lures you into their www.quibids.com website...
Now, when you register to try their product you must purchase a minimum of 100 "bids" (@ $. 60 cents per bid) that will cost you $60.00 on your credit/debit card... That's a lot of money!
Let's play the game... When you bid on a listed item you need to understand that e-v-e-r-y t-i-m-e you press the "bid" button, you and every other bidder just spent. 60 cents each of your so-called (money) bids! Collectively, the ten bidders just spent $6.00 of their money because they pressed the "bid" button one time...
Now comes the psyco part of this game... Every time a bidder presses their "bid" button, the bidded on item (on screen) shows a value increase of only one penny! Wow! This looks like an awesome deal because let's say hypothetically, if the tenth bidder some how won the auctioned item on the tenth bid, it looks like they won the item for only 10 cents, when in reality (collectively, behind the scenes) all bidders paid $6.00 in bid money, because none of the bidders get their bid (s) money back if they don't win the auction. Buyer beware... If you want to try this scam out, it's going to cost you $60.00 of your hard earned money... Most likely, you will lose your money too! Good luck... Your gonna need it...
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