Mad Bid Dot Com

Joined
15 Feb 2008
Messages
894
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Location
Manchester
Country
United Kingdom
I have just been on their site, to find out how it works. I wish I had come up with the idea.

You have to buy credits in order to bid, at approximately 33 pence each, and most of the more expensive items cost you 3 credits to bid, so lets say £1. There is an ipod up for auction at the moment, RRP £499.00. and is up to £110.00 as I type.

As the price goes up by only 1 pence each time somebody bids, that means they have all ready got £11000.00 for something worth only £499.

When will people learn the true cost of these so called bargains!!!
 
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Been around for a while now, and have you noticed that any bids very close to the end extend the auction time so it takes ages for the item to finish? Little more than a legal con.
 
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