ED Magedson – Founder
Beezid.comInternet United States of America
I just watched an auction for an Ipod touch, true value $299.00, SMRP $399.00. It sold for around $40.00, or 4000 bids x $.60= $2400.00 to Beezid. The person it sold to was 1averagejoe who, if real, bid at a rough guess about 1350 times, ( Im being conservative) at $.60 a bid that equals $810.00 dollars plus the 40 plus dollars he must pay for the item. So we are looking at roughly $860.00 for a $300.0 dollar product. His actual bidding rate was approximately 38 bids per 4 minute period, the auction was going for 4 hours, you do the math. I sent an email to Beezid that something was not right about the bidding process and lo and behold within one minute the auction was won and 1averagejoe was the highest bidder. As I said he could be real, and just a total moron, but I have been watching for a couple of days now and there is just something not right there. I have seen this user bid a ton over the last couple of days and he could just be your average gambling addict, who nows for sure, but something is really, really, not sitting right.
Does anybody know where this website is run out of? Their website states quebec, where the laws are very weak. Are they working a legal loophole by presenting a gambling site as an auction site?
Lets get a dialogue going and expose these people for who they really are.
As I stated earlier, I got suckered in, I jumped in with both feet before really investigating what this website was really about. I can afford to lose the $120.00 I gave this site, and it was my own stupid fault for not really taking the time to learn what this was, I just assumed it was a different version of an Ebay type site.
At least if we can get the word out that this is nothing but a gambling site then others wont be as foolish as I was and will know what they are getting into.
Again, kudos to the creators of the site, they are going to get rich off of it.
This is the same as the Vegas slots that give away a car, eventually someone will win the car but there is going to be a lot of people spending a lot of money before that ever happens. By the way, I also have an Ipod for sale for $2400.00, and you dont even have to bid on it, just send your money to
This report was posted on Ripoff Report on 11/24/2009 01:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/Beezidcom/internet/Beezidcom-Beezidnet-A-gambling-site-thinly-disguised-as-an-auction-site-Internet-528092. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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