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10 Free bids for auction site JustBid.ie

  • 20-09-2009 11:19pm
    #1
    davitto
    Closed Accounts Posts: 16 ✭


    heard about new auction site on 2fm and facebook. only for ireland and works differently from ebay etc. giving 10 free bids to everyone who registers before launch - www.justbid.ie
    Looks interesting!!


Comments

  • #2
    AlmightyCushion
    Moderators, Education Moderators, Technology & Internet Moderators Posts: 35,125 Mod ✭✭✭✭AlmightyCushion


    Going by the sounds of it this site requires you to pay for every bid you make. I'd be very wary of using a site like that. You could spend a fortune on bids and still not win the auction.


  • #3
    fl4pj4ck
    Closed Accounts Posts: 2,000 ✭✭✭fl4pj4ck


    http://en.wikipedia.org/wiki/Dollar_auction


  • #4
    godtabh
    Moderators, Science, Health & Environment Moderators Posts: 23,243 Mod ✭✭✭✭godtabh


    fl4pj4ck wrote: »
    http://en.wikipedia.org/wiki/Dollar_auction

    More like greed making them bid more!

    Nice read


  • #5
    okidoki987
    Registered Users, Registered Users 2 Posts: 10,632 ✭✭✭✭okidoki987


    heard about new auction site on 2fm and facebook. only for ireland and works differently from ebay etc. giving 10 free bids to everyone who registers before launch - www.justbid.ie
    Looks interesting!!

    Are you involved with the company?
    works differently from ebay
    Sure does:

    The site makes no sense whatsoever as the only people who are going to make from this is the seller of the bids.
    (A) You buy bids, you then bid on an item, item sells to you. you get free delivery of the item.
    Cost of the item is the price you pay PLUS the cost of the bids (excluding the 10 free bids).
    (B) You buy bids, you then bid on an item, you don't win the item but you have spent money buying the bids.
    That differs to ebay all right as if you don't win an item, it hasn't cost you a penny in bidding.
    http://en.wikipedia.org/wiki/Dollar_auction
    This looks a different type of auction unless I'm missing something?


  • #6
    rubadub
    Registered Users, Registered Users 2 Posts: 32,386 ✭✭✭✭rubadub


    fl4pj4ck wrote: »
    http://en.wikipedia.org/wiki/Dollar_auction
    okidoki987 wrote: »
    This looks a different type of auction unless I'm missing something?
    It is not a dollar auction since the loser does not pay his last bid, but it is a similar idea. It is a similar scam and preys on the "mathematically ignorant", it is really a form of gambling.

    This explains it very well
    http://en.wikipedia.org/wiki/Bidding_fee_scheme

    AVOID!


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  • #7
    BigEejit
    Registered Users, Registered Users 2 Posts: 3,739 ✭✭✭BigEejit


    Indeed, avoid these if you dont know when to stop.

    But, by all means take the 10 free bids and then bid on something during the middle of the night or really early in the morning

    I won a nice logitech mouse and 2 x 3 pc license kaspersky internet security 2009 ddd and just had to pay p&p .... this was from madbid or one of those, same idea though


  • #8
    Basq
    Registered Users, Registered Users 2 Posts: 44,197 ✭✭✭✭Basq


    Not a BA!


This discussion has been closed.
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