Winning Quibids bid vouchers is one of the first advices given to beginners. However, this may not be the right way to start off your Quibids journey. Indeed, Quibids bid vouchers may not even be that attractive when you take a comprehensive view.
Should you Win Quibids Bid Vouchers?
Depends. Firstly, bid vouchers are extremely competitive. People tend to think that if they are bidding on a 25 bid voucher, they think they can afford to spend up to 25 bids to win in. Add in dozens of bidders and you get the point.
The real problem is, voucher bids are not equivalent to real bids. Quibids has a wonderful "Buy It Now" feature that you can use to buy the item you bid on at the retail price if you don't win the auction. Voucher bids do not count towards this. Theoretically, you should not lose bidding on Quibids. However, so many people just ignore this that it is just sad.
Winning Quibids Bid vouchers should be a concern only when you do not want to buy the item that you are bidding on. This can happen with some big-ticket items like Macbooks and HD TVs. You can learn about the Quibids strategy of winning big ticket items to win these.
However, for smaller items, I would suggest not trying to win voucher bids. You can always look at Quibids like a nice place for entertainment and possibility to win. If you only bid on those items that you would buy in any case, you really cannot lose. Voucher bids will reduce this possibility because voucher bids don't count towards buying the item at the market price.
If you are still interested to win Quibids voucher bids, you should prefer to bid on the 50 and 100 bid vouchers. These are comparatively less competitive. For beginners, I suggest the 15 bid voucher as well, but the payoff is low in this case. Also remember that you need to pay an additional $2.00 for handling fees, which reduces the effective bids won by about 3. Therefore you are making a profit only when you win the 50 bid item within 47 bids or 15 bid voucher within 12 bids.
Quibids bid vouchers are a double edged sword. On the one hand, they allow you to increase your bids but on the other, they can lead to potential losses. You need to tread carefully.
Are you looking to get some free Quibids bids? Check out how you can win 50 free Quibids bids.
Showing posts with label quibids bid voucher. Show all posts
Showing posts with label quibids bid voucher. Show all posts
Thursday, January 20, 2011
Tuesday, December 7, 2010
Quibids Review: Error with updates
This is my Quibids review regarding the Quibids error with updating auction information. The section Is Quibids scam discusses about Quibids in general (answer in a nutshell: Quibids is not a scam). Also, you can read my comprehensive Quibids review
I previously discussed an error with Quibids regarding display of double bids. The problem is not serious and hardly matters. However, today's error is far more serious.
Quibids is a penny auction site where every second matters. In fact, every 100 milliseconds matter because so many people bid at the very last moment. Therefore, it is very important that Quibids has a mechanism to handle several almost simultaneous bids without problem. However, this is not always the case.
Here is a Quibids review of the bidding process when there are multiple bids just when the timer is about to go to zero. See the image for yourself (you can click on the image to enlarge).
As you can see, this is an auction for a 250 bids voucher at Quibids. The information to the right hand side doesn't match the information shown near the bid! It is not very common but still it is a Quibids error that needs to be addressed soon and efficiently. So if the auction ends now, who is the winner - jthom19802 or dzrthart? I assume it is the one with the higher bid, but still, it can be confusing and misleading.
In Quibids and most penny auctions in general, the difference between winning and losing is everything. If you are playing the waiting game and looking to bid at the last moment, there are many who will do the same. A lot of bids at the same time is something which can be hard to handle.
In the end, however, I'll give it to Quibids that they are one of the most efficient penny auction sites I have seen in terms of handling huge bids at the same time. That being said, there is always scope for improvement and I hope Quibids corrects this error and I won't have to bring up another Quibids review for this purpose!
I previously discussed an error with Quibids regarding display of double bids. The problem is not serious and hardly matters. However, today's error is far more serious.
Quibids is a penny auction site where every second matters. In fact, every 100 milliseconds matter because so many people bid at the very last moment. Therefore, it is very important that Quibids has a mechanism to handle several almost simultaneous bids without problem. However, this is not always the case.
Here is a Quibids review of the bidding process when there are multiple bids just when the timer is about to go to zero. See the image for yourself (you can click on the image to enlarge).
As you can see, this is an auction for a 250 bids voucher at Quibids. The information to the right hand side doesn't match the information shown near the bid! It is not very common but still it is a Quibids error that needs to be addressed soon and efficiently. So if the auction ends now, who is the winner - jthom19802 or dzrthart? I assume it is the one with the higher bid, but still, it can be confusing and misleading.
In Quibids and most penny auctions in general, the difference between winning and losing is everything. If you are playing the waiting game and looking to bid at the last moment, there are many who will do the same. A lot of bids at the same time is something which can be hard to handle.
In the end, however, I'll give it to Quibids that they are one of the most efficient penny auction sites I have seen in terms of handling huge bids at the same time. That being said, there is always scope for improvement and I hope Quibids corrects this error and I won't have to bring up another Quibids review for this purpose!
Sunday, December 5, 2010
Quibids Review: Misleading Price Information
There are several posts where I talk about Quibids review. Quibids is a great penny auction site that is legitimate, which means they are not closing shop after robbing you, like so many other sites on the internet. However, that doesn't mean that everything they do is good. There are things I don't like about Qubids, which is the purpose of my series on Quibids review.
Here, I want to talk about Quibids price as shown for the items that are previously won. What I mean is, when you open an auction for say 100 Quibids bids, you will see, on the left hand side of the page, information about how much the item was sold for recently.
In the image above, you can see that Quibids 100 bids voucher shows for selling at $0.01. Wow, now that can be some misleading information! Of course, this is the lowest price it can go to, but as all Quibids bidders know, this is HIGHLY unlikely. Quibids wants to attract more people by showing cheaper prices for products. Of course they are not lying because there was an auction that did sell for so cheap - see the image below.
However, these events are extremely rare, and can easily mislead new Quibids customers into expecting this to be the price. Experienced Quibids users may easily see through this.
The average price, I am guessing, will easily be 500 times or more! Here is a typical Quibids 100 bids auction:
What I don't like is that Quibids changed this very recently. Up to a few months ago, they would never try to show the cheapest auction price in the 'Recently Sold for' section. This is a recent change. In fact, I remember at the very earliest times, they would deliberately put a very high price here! The reason I think was because if they put up a very low price, people might suspect it to be a scam. However, of late, more and more people seem to know about penny auctions.
I like Quibids because it is different from all the rest of these sites. However, by towing the line by showing the cheapest price as that for which the item was recently sold, Quibids is simply losing the tag being good and honest. There are many positive changes in Quibids too, which I like, but this is not one of them.
Here, I want to talk about Quibids price as shown for the items that are previously won. What I mean is, when you open an auction for say 100 Quibids bids, you will see, on the left hand side of the page, information about how much the item was sold for recently.
In the image above, you can see that Quibids 100 bids voucher shows for selling at $0.01. Wow, now that can be some misleading information! Of course, this is the lowest price it can go to, but as all Quibids bidders know, this is HIGHLY unlikely. Quibids wants to attract more people by showing cheaper prices for products. Of course they are not lying because there was an auction that did sell for so cheap - see the image below.
However, these events are extremely rare, and can easily mislead new Quibids customers into expecting this to be the price. Experienced Quibids users may easily see through this.The average price, I am guessing, will easily be 500 times or more! Here is a typical Quibids 100 bids auction:
What I don't like is that Quibids changed this very recently. Up to a few months ago, they would never try to show the cheapest auction price in the 'Recently Sold for' section. This is a recent change. In fact, I remember at the very earliest times, they would deliberately put a very high price here! The reason I think was because if they put up a very low price, people might suspect it to be a scam. However, of late, more and more people seem to know about penny auctions.
I like Quibids because it is different from all the rest of these sites. However, by towing the line by showing the cheapest price as that for which the item was recently sold, Quibids is simply losing the tag being good and honest. There are many positive changes in Quibids too, which I like, but this is not one of them.
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