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Are penny auction sites scams

Discussion in 'General Chat' started by triple7, Sep 18, 2011.

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  1. #1
    Hello would like you thoughts, im thinking of giving the whole penny auction idea a go especially as with the good ones you get free bids to test the service, ive seen a few news channel you tube videos saying its incredibly easy to win gift cards etc because everyone is actually biding on electronics etc, so what do you think?
    this is the site i have selected to test the water with http://www.ibourl.com/dop cause its going to give to 25 free bids when i join.

    Let me know what you think, i will also let you know how i get on with it
     
    triple7, Sep 18, 2011 IP
  2. TrySparta

    TrySparta Well-Known Member

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    #2
    As long as a real human wins the auction at the end, receives his/her product and pays the amount of money specified, a penny auction cannot possibly be constituted as a scam.
     
    TrySparta, Sep 18, 2011 IP
  3. triple7

    triple7 Greenhorn

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    #3

    that makes sense, do you have any experience with them, im guessing what you say could be a prob but that problem must exist on ebay as well, have you used zeekler
     
    triple7, Sep 18, 2011 IP
  4. msk19994

    msk19994 Well-Known Member

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    #4
    Peeny Auction sites are best sites to make money online ie
    IF an admin of the site has 1000s of credits then he can take the price of the product to a high price then if any 1 who bids gets the product at high price
     
    msk19994, Sep 18, 2011 IP
  5. bharatmax

    bharatmax Member

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    #5
    Just don't pay any attention to such stuff..You be OK soon :)
     
    bharatmax, Sep 18, 2011 IP
  6. triple7

    triple7 Greenhorn

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    #6

    not really sure what everyone is saying can someone spell it out
     
    triple7, Sep 18, 2011 IP
  7. lifeplayer

    lifeplayer Notable Member

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    #7
    What I can say is the owner will close the website if they don't make money
    Ask yourself whether they can survive with their offer
    Personally I don't believe on "too cheap" or "too great"
     
    lifeplayer, Sep 19, 2011 IP
  8. IMPackage

    IMPackage Active Member

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    #8
    I don't think they are scams, in fact they are making money for their owners, it's hard to win the auctions on such sites if you don't know the techniques
     
    IMPackage, Sep 19, 2011 IP
  9. jimmy.page

    jimmy.page Peon

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    #9
    I completely agree with you. It's too good to be true. You can't sustain a business if you give away many good stuff for low price unless they stole it from somewhere or get it for free.
     
    jimmy.page, Sep 19, 2011 IP
  10. hashif

    hashif Well-Known Member

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    #10
    Its a great way to get products at a cheaper rate..Yeah owners are making more money, but we always get profit if we won an action..:)
     
    hashif, Sep 19, 2011 IP
  11. browntwn

    browntwn Illustrious Member

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    #11
    Of course it is a scam. Do some research.
     
    browntwn, Sep 19, 2011 IP
  12. triple7

    triple7 Greenhorn

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    #12
    can you qualify your definition of scam cause you just saying they are don't make it so
     
    triple7, Sep 20, 2011 IP