Where's j0ker?????

Status
Not open for further replies.

Poeia

Bird Brain
ECF Veteran
Verified Member
Dec 6, 2009
9,789
14,368
NYC
Ralph, why did you have to point out that site. I'm fascinated by it.

$50 Staples Gift Card - bid 3 times $1.80, final bid $0.50, transaction fee $2, total = $4.30
Where did they get the gift card from to sell for <$5?

None of the electronics say if they are new, refurbished or used but, regardless, the prices are bizarrely low.
 

jj2

Moved On
ECF Veteran
May 30, 2009
196,879
212,801
Hundred Acre Wood
Ralph, why did you have to point out that site. I'm fascinated by it.

$50 Staples Gift Card - bid 3 times $1.80, final bid $0.50, transaction fee $2, total = $4.30
Where did they get the gift card from to sell for <$5?

None of the electronics say if they are new, refurbished or used but, regardless, the prices are bizarrely low.

Did you actually join or is that the 'draw you in' stuff?
 

Ralph T

Ultra Member
ECF Veteran
Dec 3, 2009
1,942
3,125
63
Albuquerque, NM
Ralph, why did you have to point out that site. I'm fascinated by it.

$50 Staples Gift Card - bid 3 times $1.80, final bid $0.50, transaction fee $2, total = $4.30
Where did they get the gift card from to sell for <$5?

None of the electronics say if they are new, refurbished or used but, regardless, the prices are bizarrely low.

Its all brand new stuff. I understand that they have many people bidding at 60 cents a bid and so they actually make money. There is a bit of luck involved and that makes it a form of gambling in my book. But, it looks like fun.
 

Poeia

Bird Brain
ECF Veteran
Verified Member
Dec 6, 2009
9,789
14,368
NYC
Did you actually join or is that the 'draw you in' stuff?
I haven't joined but, from what I can see, the key is to bid as few times as possible on an item. If you bid 10 times and don't win the item, it will still cost you $6.00. If you win, it costs you the same $6 plus the winning bid plus shipping.

And, unlike with eBay, there's no sniping because the item stays open as long as there is active bidding.
 

Ralph T

Ultra Member
ECF Veteran
Dec 3, 2009
1,942
3,125
63
Albuquerque, NM
I haven't joined but, from what I can see, the key is to bid as few times as possible on an item. If you bid 10 times and don't win the item, it will still cost you $6.00. If you win, it costs you the same $6 plus the winning bid plus shipping.

And, unlike with eBay, there's no sniping because the item stays open as long as there is active bidding.

That about sums it up. QuiBids - QuiBids 101: How Does QuiBids Work?
 

Poeia

Bird Brain
ECF Veteran
Verified Member
Dec 6, 2009
9,789
14,368
NYC
I'm watching an iPad. It started at 1¢. Each bid raises the price by 1¢. The current price is $44.83 so there have been 4,482 bids so far. That means QuiBid gets $2,689 + $44.83 + $15.99 shipping for an item that cost them $500 (if they paid retail.) But the person who wins gets an iPad for less than $100.

I don't have the nerves to bid on a popular item like that, but I could see bidding on some of the less popular things. Plus you can bid on packages of bids or get things that include bids so some future bids would be free.
 

Ralph T

Ultra Member
ECF Veteran
Dec 3, 2009
1,942
3,125
63
Albuquerque, NM
I'm watching an iPad. It started at 1¢. Each bid raises the price by 1¢. The current price is $44.83 so there have been 4,482 bids so far. That means QuiBid gets $2,689 + $44.83 + $15.99 shipping for an item that cost them $500 (if they paid retail.) But the person who wins gets an iPad for less than $100.

I don't have the nerves to bid on a popular item like that, but I could see bidding on some of the less popular things. Plus you can bid on packages of bids or get things that include bids so some future bids would be free.

The way you describe it makes it SOUND addicting. :laugh: I would like to play with that sometime, I just have NO disposable income at the moment.
 
Status
Not open for further replies.

Users who are viewing this thread