www.telebid.com
Best thing since sliced bread or a total rip off?
Full Version: Tele-bid
Total rip off.
If you are the lucky person out of the 50 or so people bidding to win it then great you have a bargain. Every bid costs 50p and each auction has loads of bids, so if you want to be serious about winning the item you need a lot of bids.
These people can make £3000 for giving a free laptop... Doesn't sound like a bargain to me.
If you are the lucky person out of the 50 or so people bidding to win it then great you have a bargain. Every bid costs 50p and each auction has loads of bids, so if you want to be serious about winning the item you need a lot of bids.
These people can make £3000 for giving a free laptop... Doesn't sound like a bargain to me.
It's the best thing since sliced bread, if you own the website 
Looking at that, I see a Nintendo Wii still on the bidding, not even sold yet, and it's being bid at £30.
Bids are in 7p increments, so to get to £30 there have been 428 bids placed.
A bid is £0.50 so £214 has been spent just on bids so far.
If the item sold right now even for £30 then the total incoming to the website would be £244 (£214 + £30)
They can buy a new Wii for about £170, less than that if they are buying loads of them. Plus of course they can easily artificially extend the bidding whenever they feel like it just by throwing in a few automatic bids.
Fair play to the people running the site, it's a great idea, but for the consumer I don't think so.
A but like that Ferrari that you see in the airport, with tickets to win it at £50. Anyone know anyone whose ever won one of those !??
Looking at that, I see a Nintendo Wii still on the bidding, not even sold yet, and it's being bid at £30.
Bids are in 7p increments, so to get to £30 there have been 428 bids placed.
A bid is £0.50 so £214 has been spent just on bids so far.
If the item sold right now even for £30 then the total incoming to the website would be £244 (£214 + £30)
They can buy a new Wii for about £170, less than that if they are buying loads of them. Plus of course they can easily artificially extend the bidding whenever they feel like it just by throwing in a few automatic bids.
Fair play to the people running the site, it's a great idea, but for the consumer I don't think so.
A but like that Ferrari that you see in the airport, with tickets to win it at £50. Anyone know anyone whose ever won one of those !??
QUOTE (Div @ Jul 30 2008, 00:37) 
It's the best thing since sliced bread, if you own the website
Looking at that, I see a Nintendo Wii still on the bidding, not even sold yet, and it's being bid at £30.
Bids are in 7p increments, so to get to £30 there have been 428 bids placed.
A bid is £0.50 so £214 has been spent just on bids so far.
If the item sold right now even for £30 then the total incoming to the website would be £244 (£214 + £30)
They can buy a new Wii for about £170, less than that if they are buying loads of them. Plus of course they can easily artificially extend the bidding whenever they feel like it just by throwing in a few automatic bids.
Fair play to the people running the site, it's a great idea, but for the consumer I don't think so.
A but like that Ferrari that you see in the airport, with tickets to win it at £50. Anyone know anyone whose ever won one of those !??
Looking at that, I see a Nintendo Wii still on the bidding, not even sold yet, and it's being bid at £30.
Bids are in 7p increments, so to get to £30 there have been 428 bids placed.
A bid is £0.50 so £214 has been spent just on bids so far.
If the item sold right now even for £30 then the total incoming to the website would be £244 (£214 + £30)
They can buy a new Wii for about £170, less than that if they are buying loads of them. Plus of course they can easily artificially extend the bidding whenever they feel like it just by throwing in a few automatic bids.
Fair play to the people running the site, it's a great idea, but for the consumer I don't think so.
A but like that Ferrari that you see in the airport, with tickets to win it at £50. Anyone know anyone whose ever won one of those !??
Anyone know anyone who's ever bought a ticket?
That's unbelievably good idea, IF you own the website!!
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