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I'd seen a few ads over the last year for these Internet bid/auction sites promising unreal pricing on items. Finally to kill a little time I decided to look at one and read this in their policy statement:"""The user who submits the highest bid and is the last to bid wins the auction. All other bids on the item expire and will not be refunded. """
Too funny. Get outbid and lose your money! That's getting nothing for something! I am sure many are taken in by these sites thinking they can (basically) get something for nothing.
ETSee the link I added a video of the T.O.S. where it actually says you will likely loose money
Edits: 07/25/14Follow Ups:
d
You thought what was obvious? I thought it was a scam just from seeing the ad. I read a little and it is. I don't understand this grammar of yours.
"You're gambling your bid that you'll win the item"
In an auction if you are outbid you loose nothing so they really shouldn't even be able call these auctions. Is your new job just to disagree with everything I post?
ET
It may be stupid, but it isn't a scam, unless you didn't understand the instructions.
Quit digging, you'll be in China soon.
Just drop it. Auctions don't work that way, but they call it an auction. Are you one of those people that thinks they always have to be right? You're wrong this time. Period. Having to prebuy bids and on and on. There is almost nothing in common with a real auction. It's also not like a lottery ticket either although more similar than to that than an auction odds-wise.
ET
didn't understand it.
It's clearly stated.
Your accusations of having to be right seem a bit ironic, pointing to a towering ego to which auto-criticism is a foreign concept.
Look, I wasn't fooled. If you see their TV ad you see what a scam and deception they are. That is where this post came from. If you see the ad THEN read (their site) how they really work you'd know. But lets face it you've made yourself the one who disagrees with my posts which is your right. Let me know when you go to an auction and don't make the winning bid and still lose your bid money. That would be NEVER! You are really........
ET
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