So, I'm not sure what the truth is, but here are a few observations I've made.
A) I've been watching the same "user" autobid, or "Bid-o-Matic" for about three hours now... What happened to the 25 auto bid limit?
B) I'm in an auction, and I recognized a bidder username from a previous auction. So I clicked on the username to see their history, when I discovered that this account was apparently created yesterday on August 27th... The only problem is that I did not log into quibids nor did I participate in any auctions on that date. Could this be a robobidder made to make the real users feel like they're dealing with an inexperienced bidder and/or drive up the bids?
C) I have viewed/participated in several auctions that seem to miraculously end moments after I leave. I wait for the auto bids to run out, which never seems to happen. But if I close my browser for say, 5minutes and come back, the auction has ended only a dollar or two away from when I left off.
D) ever notice how the big ticket items that go for rediculously cheap are always won in an auction that is held and ends mid-day-- around 1200-1300hrs. The big ticket items like the computers and 40" & 50" tvs. The problem is, I've never seen an auction on these items that begins/ends before 15:00hrs.
E) ever notice that no matter where you set your autobid to begin, it always seems to get there and end abruptly after your bids are out?
F) the recently sold for prices are never the same. Same tv Saturday recently sold for $38 & $7. Today it's $122 & $133
Perhaps I've just had some bad luck. Perhaps not. There have been a lot of strange coincidences like the ones mentioned above.
Be wary. (btw, that same user is still auto bidding)