Monday, April 4, 2011

Complete Quibids Review

I have several Quibids review posts all over my blog and thought I should compile them into one.

First, you might want to read a overview of Quibids review that discusses all the positive and negative aspects of Quibids.

Quibids is the largest penny auction in the US and it wants to take this concept mainstream. It is a long way to go, but Quibids does have the right ingredients, including size. However, there are still many problems with Quibids in general: There are some problems with bidding and some errors with updates.

Personally, I also find Quibids price information misleading. If Quibids really needs to establish itself as a dominant player and penetrate deeper, it needs to be much more open than it is currently. The BBB Quibids review isn't exactly the most trusted either.

In a nutshell, this is all I have to say: Quibids is legit in that it will send you won items. However, for beginners, it could be misleading especially if you believe all the advertisements and tall claims you see. At Quibids, you take on higher risk and thus higher chance of great deals. You are guaranteed nothing. It is possible to win a Macbook for a dollar but highly unlikely. What is more likely is that you end up not winning the Macbook but paying a hundred bucks in the process, trying to win it. That is why, it is extremely important to know about the penny auction model before you start bidding. This holds not just for Quibids but any penny auction in general.

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