Madbid Scam

It is just like being at an auction but you pay.

Madbid scam. Strategic bidder can benefit a little by able to make purchases from my credits. How can you place a bid on something and then they take your money without you getting the item. Madbid is one of the biggest illegal scams on the net. Assuming each 1p bid cost 35 56p and that there would have been 39 960 bids madbid would have scooped more than 14 000.

This site is not a scam. So is it a scam. You don t bi you just pay and pay for nothing in the end a robot gets the item and your money is gone. Since 2016 year of joining now to madbid actually did not meet my expectations directly.

I followed some bids to the end i do not know why it happened. You then use your bids to try and get the item at a low price. 386 reviews for madbid 3 0 stars. Madbid appears to have enjoyed a staggering profit margin on the sale.

The reason is not that i can not win any prize. You pay an amount of sterling and this buys you x bids. Nevertheless it is recommended to set a limit for yourself if you decide to use a penny auction website. I wish i could win a new gift.

With one bid approximately every 3 minutes it will take 120 000 minutes to reach the 50 price as the site only opens for 12 hours a day this equates to 166 days or about 5 months for the bidding to reach this point. Big big scam this. Madbid gets a lot of stick on here for not very good reasons mostly from people who don t understand how it works or who think its a scam because well they think anything on the internet is a scam. Which will have meant 40000 bids or approx 40 000 revenue for madbid.

If you spend more than you can afford then it s advised to just walk away.