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This is a discussion on Madbid within the The Lounge forums, part of the Off Topic category; Thought I'd try and get a new phone on the cheap. Does anyone know the best times to make bids?...

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Old 24-06-10, 07:22 PM   #1
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Madbid


Thought I'd try and get a new phone on the cheap. Does anyone know the best times to make bids?
 
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Old 24-06-10, 07:26 PM   #2
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WTF has website discussion have to do with Madbid?, also what's wrong with LBT
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Old 24-06-10, 07:28 PM   #3
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I'm using both and I swear I was in the Lounge ...... Yes I think I'm going insane. Apologies.
 
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Old 24-06-10, 07:42 PM   #4
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Won 2 shuffles from there.

The best times are early morning on the 24 hour auctions.

Last edited by wombleboy05; 24-06-10 at 07:42 PM..
 
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Old 24-06-10, 07:43 PM   #5
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Thanks, if a mod would like to rectify my mistake and move this thread to the correct place, then please do.
 
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Old 26-06-10, 03:20 PM   #6
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It is just me, or are the BidBulter things really annoying. Someone has basically got loads of bids and just made a massive bidbulter. I think it ruins it a bit.
 
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Old 09-07-10, 09:06 AM   #7
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wombleboy - agree early in the morning or when there are less people online.
 
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Old 09-07-10, 10:07 AM   #8
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Madbid is just a huge scam I thought? Yes some people do win, but I hear about lots of people getting screwed by them.
 
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Old 09-07-10, 03:35 PM   #9
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It's not a scam, here is the business model

You go on and buy 25 bids for £25, you then proceed to bid on an item, each time you click bid you use one of your bids and you increase the price on that auction by £0.01

so if you are bidding on an item with one other person and you both use your 25 bids, the price on the item would be £0.50..... that means madbid have just made £50 off you and the other bidder and you still haven't bought anything. You spent £25 on nothing.

I recently saw an auction for a tv

RRP £1,150.00
curent price £42.50

looks like a steal until you actually think about it..... that means that there have been 4250 bids on that item......

madbid have just made £4250 and you still havent got anything.....if the tv was sold at that price that would mean madbid have sold a £1150 tv for £4492.50

what a bargain........

yes somebody got the tv for 42.50..... but the tv was already paid for long before the tv was even sold
 
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