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Old 11-29-2010, 08:55 PM  
Jakez
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Join Date: Jan 2004
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People saying it's a scam should think more in depth about how these sites work before jumping to that conclusion, it's nearly the same as saying poker is a scam, but it's not, it's a gamble with odds increased by experience or skill. In any case as I've said my cousin has been winning things at extremely cheap prices (bidding expenses included) so it's obviously not a scam. Yeah the brand new 'penny bid' sites are probably using fake bids but an established one could work without them.

The only thing I don't understand at this point is how they are making money off from the 'expert' labeled bidders who are bidding for very cheap. They must be losing money on expert bidders and making a huge profit off from the auctions that onoy beginners can bid on.

Last edited by Jakez; 11-29-2010 at 08:57 PM..
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