08-27-2010, 02:13 AM
archipirata wrote:
They charge per bid. You pay like $1.00 per bid. And the "auction" goes up by 1 cent each bid so they get $3456 dollars and one person gets a cheap iPad. Everyone else who bids gets nada.
One of my co-workers just told me about the site last week. I checked it out and came to the same conclusion--it's only cheap if you time your bids perfectly. The site is making out like a bandit. Wish I had thought of the idea first