Beezid.com is it to good to be true?

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Insane

has anyone ever used beezid.com cause it kind of feels like a scam web site to me. i saw it on tv today and when i went to it the prices look just to good to be true.

if it is legit everyone needs to check it out!

Aug 18 2010 1:10AM

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Scott0_robot0

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if you look at the stuff being bidded on it looks like you have to buy a certain amount of bids.

Aug 18 2010 1:12AM

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Drew_ski.

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Insane

yeah but you get like 10 or 20 free bids when you register

Aug 18 2010 1:16AM

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Scott0_robot0

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ahh either way im sure you could get some good deals if you bid at the right times but eiter way its a pretty good idea whoever came up with it.

but biddding on bids is just crazy.

Aug 18 2010 1:18AM

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Mooserz

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beezid is legit and is genius. Think about it, you have to buy bids. each bid costs a dollar but is only worth a penny. If they are selling a TV that costs 2 grand and the winning bid is 5 dollars. Guess what? They just made $3,000 profit.

Aug 18 2010 2:28AM

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owned

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Loner

ingenious on their part, but i feel like you could get really screwed and end up paying more for the item than it is actually worth.

a 32 gb ipod touch is currently being bid on. the bid is at $13.30 which means beezid just made $1300 and probably gonna make more. That's already a 100+% profit. this one guy has that is bidding has autobeezid on which bids for him every time at the very last second. i've already counted him bidding at least 20 times. Its probably double that maybe triple because i came when it was at $9, so its safe to assume he has been bidding for a while.

if he bid say 40 or 50 times that's already $400-$500. retail for the ipod is $300. he's actually losing money on this site rather than getting a great deal. i'd stay away from this site if i were you.

Aug 18 2010 2:57AM

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Nathn

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If he bid 40 or 50 times that's only 40 or 50 dollars. its not $10 a bid.he gets it way cheaper, they give it for way more. its a legit website but near impossible to win a bid.

Aug 18 2010 3:04AM

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owned

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oh shit my bad. my math was off, a lot lol. you're right, that's actually not that bad.

the problem with this site then is it's actually a more of a gambling site not an auction. at an auction, if you're outbid, you don't lose any money. Here, every time you bid you lose a dollar.

This is an awesome site these people are running. for every dollar that is bid (100 bids) they make 100 dollars. they're raking it in big.

Aug 18 2010 4:24AM

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Drew_ski.

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Insane

yeah sounds like some smart people behind this i might try it out now

Aug 18 2010 12:47PM

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RudyGarmisch

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Lottery system for goods, maybe with a little better odds that you get something.

Aug 18 2010 12:49PM

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hurrisun

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im tryin this lighters glasses and ninja stars probaby go for mad cheap

Aug 18 2010 12:50PM

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T.Spliff

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Insane

I have heard that sites like this were you have to buy bids are just huge scams. The website has auto-bots that will always bid on the items so that you will not win them and essentially you are just buying the bids, using them, but their system will automatically keep out bidding you so you just spend more money. To good to be true for sure, and the only auctions I have ever heard of someone winning are just auctions for more bids.

Aug 18 2010 1:12PM

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