telebid auctions

[pauldiving]

Auction | Cheap TV laptop ipod auctions - bid & win on TeleBid im not trying to promote this site im trying to find out if anyone has heard good or bad or used it?

im not to sure how it works?

[Scubee]

Well, at first glance, it seems as though you can pick up a bargain or two. However, if something looks too good to be true, it probably is. The catch with this is that each time you bid on an item, then it costs you 50p. The bid only goes up by 10p.... so... if they sell something for , say, £20, then they will have had up to 200 bids of 50p, which come to £100. So something which is a bargain to you, has cost lots of other people money as well.

If you had bid on something, even a couple of times, then you end up spending money with nothing to show for it. If you wanted somethign specific, and got it on a first go, you might still end up paying less for it.

Personally, I wouldn't touch it.

[principia]

It seems as though they can extend the auction for as long as they want.

What a brilliant money making scheme. Possibly not so brilliant if you are looking for a bargain.


J.