QuiBids Review- Is It Legit or a Scam?
Quibids.com is another online penny auction site where users purchase bids, bid on the items they want, and if they're the last bidder they win the item. Sounds like fun right? Well each time a bid is placed time is added to the auction timer. And with thousands of other people bidding on Quibids, the odds aren't stacked in your favor.
Quibids' auctions work the same way as most other penny auction websites. No PA site guarantees you'll win the item you're bidding for. When you lose on similar sites, you lose, period. Quibidsis, however, one of the few sites which offer the losing bidders the chance to purchase the item they were bidding for, minus the amount of money the spent bidding for the item. This way it's not a complete gamble, and you can still walk away with the item you wanted if you're willing to pay for it.
When compared to other penny auction sites, Quibids offers a few attractive features that make them stand out. The average bid cost on PA sites is $1, but Quibids' bids are only $0.60. They also offer one of the highest prize volumes, with a prizes ranging from gift cards, small home appliances, fashion accessories, toys, and of course electronics.
Another unique feature offered by Quibids is their Beginner Auctions. When you first join Quibids, you can participate in their Beginner Auctions until you win your first item. Once you win, you're not able to participate in these auctions and you have to move to their regular auctions. This is a great feature because the competition will be lower on Beginner Auctions, and it gives new bidders a chance to play on a more level playing field.
Winning on penny auctions isn't easy; it takes time, patience, and skills. Usually the skills needed to give yourself an advantage comes with experience. But Quibids offers a "Quibids 101" page which offers tips and tricks to help you win penny auctions. Compared to other PA sites, Quibids seems to be very beginner oriented.
Quibids does have their disadvantages. One is the difficulty to win at their regular auctions. Not only is the competition extremely high on this site, they also offer users a "Bid-O-Matic" feature which lets users bid for items even when they're not at their computers. This can significantly increase the number of people bidding for the same items.
Overall Quibids offers some great advantages for beginners, as well as an impressive prize selection for anyone looking to participate in penny auctions. You could end up bidding on the same item for hours on this site and still come away empty handed, though. We recommend reading other reviews of top PA sites to find out which one is best for you.
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BidCactus.com was lanched in April 2009, and is another penny auction website to join the entertainment shopping industry. If you haven't heard about penny auctions yet, they work like this. You purchase bids, which cost $0.75 each on BidCactus, find an item you want on auction, and start bidding. Every time someone bids, the auction price goes up by a penny and a few seconds is added to the auction timer. The last person who bids wins the auction.
Most penny auction websites offer prize selections mostly consisting of electronics and items targeted towards men. OohILove, a newer penny auction site, has set their sights on a different market however, focusing primarily on women. With prizes from designer handbags to high-end department store gift cards, OohILove may be the perfect site for bargain savvy females looking to get great deals online.
BidsTick.com is one of the more established penny auction sites on the web. They offer unique features that separate them from other PA sites. $5 flat rate shipping, free bid promotions, and one of the best prize selections offered are just a few reasons we like this one.
BidSauce.com was established in 2009, which makes them a newer penny auction website. They offer a unique and exciting approach to bidding online. Like other PA sites, BidSauce offers regular timed auctions where users bid for items they want. Every time someone bids on an item, the auction price goes up by a penny and the auction time is increased by a few seconds. The person who bids last wins!
Swoopo.com is widely considered to be the original penny auction website. They've been around for over five years, and they've claimed to auction off over 200,000 items since their establishment. At Swoopo you can find about 200 items on auction at any given time. While similar PA sites are popular in the American market, Swoopo has a more global reach.
Beezid is a newer site in the penny auction world, and quickly becoming one of the most popular sites. Like other PA websites, users sign up and purchase bids, bid for items they want to win, and if they're the last bidder they win the item. Each time someone bids, the auction price goes up by one cent and time is added to the auction duration. Bids on Beezid can range from $0.60 to $0.90 depending on which bid package you choose.
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