Penny Auctions - Legit? Channel 6 Investigates

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Uploaded by on Mar 3, 2011

Channel 6 investigates the new popular penny auction sites. You can
snag some great deals on these sites, but there are a few things you need
to know to watch out for before you join. Learn more at http://BidsRevealed.com

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News & Politics

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Standard YouTube License

  • likes, 7 dislikes

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  • scamers this fuckers are part of the scam

  • OH and don't forget, sometimes they 'missplace' your item, or just don't send it at all. Risky risky risky.

  • Prey on the bid newbz

  • @raaaaff

    So yeah what? If it only took one bid to get it, it cost you 60 cents. So explain how it cost you a nickel. Maybe you can say it only took 5 bids. When they say an IPad went for $25.54, that is a lie. It took 2554 bids @60 cents. Do the math. They sold the IPad for alot of money. If you were lucky enough to win it on one bid, good for you

  • @rickdegraaf1 bids are bought as a prepaid credit, so yeah..

  • It didn't cost you a nickel. Each bid is 60 cents so how did it cost you a nickel?

  • Awesome video! Zeekler truly rocks :)

  • @LEGN0ME1

    You nailed it. For every ONE winner, there are countless losers that made up for the cost of that item 10 times over. People are SUCKERS for greed.

  • The deal is for the owners of the site. They make 60 times whatever the bid is. A win for an item for $10.00 is 1000 bids which cost 60 cents each,the site owners take in $600.00 for that $10.00 "winning bid".Everyone only looks at their winning bid and not realize the number of member bids that they have taken in! It's like walking down a street and getting 60 cents from each person they meet, and you are willingly giving them your money, 60 cents at a time!

  • @obtusegreenthing That website is quibids.com

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