Nah, I don't know about the other but with madbid you have to buy 'bids' upfront, then use them to bid...as opposed to just bidding on what you like and then paying. I don't like the sound of it.
Erm... Not sure? Is it kinda like ebay with the Maximum bid?
E.g.
You say you're willing to use 5 bids, 1 of which is your ogiainal bid.
Someone else put a bid in, but his is automatically overridden by your 2nd bid, carry on untill all 5 of your bids have been used up therefore taking 6 bids to beat you?
Say there is a 42in TV on the 1p increase bidding for example.
I use the auto bidder to bid for me for a maximum of 5 bids it will put down my first bid increase the price of the TV by 1p.
If someone else bids it will increase again by 1p but then my auto bidder will bid again up until my 5 bids are up.
If they then bid again you can choose to start the process again but it only take 1 bid to overwrite yours.
When the time is up who ever was the last bidder gets the price it increased by say £26 or whatever.
Normally everytime you bid the price is set either by 20p, 50p, £1 and so on.
There are ways todo it like the time of the day you start bidding etc. but it is pretty much a gamble.
I used it quite abit never won anything and the bids are expensive to buy although if you can pickup a 42in TV for £36 + what you paid for the bids its pretty cool.
But yeah you can use single bids too if you like...
Yeah and the P&P aswell i think but still if you only buy 10 bids for £10 and get the TV for £26 + P&P is £9.99 still a **** load cheaper... chances of that happening 1/1000000 though lol
Yeah, they make their money from bids, not the final price... But people look at the final price and think !WOW! Thats cheap, i'm going to try this" (I fell for it!)
Also, when the time goes down to a certain level, say 15 seconds, when someone bids the time goes back up to 15 seconds. So you can't just wait for the time to go down to the last couple of seconds and bid.
Yeah and the P&P aswell i think but still if you only buy 10 bids for £10 and get the TV for £26 + P&P is £9.99 still a **** load cheaper... chances of that happening 1/1000000 though lol
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