• Report: #677372

Complaint Review: beezid.com

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  • Submitted: Fri, December 31, 2010
  • Updated: Sun, January 23, 2011

  • Reported By: canelo125 — fortuna California United States of America
Internet United States of America

beezid.com scam Internet

*Consumer Comment: Well, it is kind of a scam...

*Consumer Comment: Not a scam. It is gambling. It is a calculated risk.

*Consumer Comment: Yep another scam...

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I sing up for beezid.com.... thinking is a great biddind web-site and soon i get to fine out is just a scam.... they said is just a penny site but u need to buy bid package to be able to bid so if u by 70 dollars worth of bid and u get 100 bids that mines that if u bid 50 time on a item u might just bid all ur 100 bids for nothing ..... i i refuse to used this web-site because is a scam

This report was posted on Ripoff Report on 12/31/2010 08:38 PM and is a permanent record located here: http://www.ripoffreport.com/r/beezidcom/internet/beezidcom-scam-Internet-677372. 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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#1 Consumer Comment

Well, it is kind of a scam...

AUTHOR: Ronny g - (USA)

..but it would not have to be one. If these penny auction sites simply had a clear disclaimer stating "this site is for gambling and entertainment purposes only".

What makes them kind of dirty stinking rotten scammers is the implications..for example copied from the beezid site..to anyone who does not really now what a penny "auction" is...this description does not seem in anyway to imply the risks involved. It only promotes that it is auction shopping, and you can get 90% savings again and again, and even stoop to exploit twitter and facebook in an attempt to imply legitimacy.... Yeah, and the Pope is Jewish.

What is Beezid?

Beezid is your number one source for exciting auction shopping and absolutely unbelievable deals on brand new, brand name products, every day!Beezid offers an easy and thrilling innovation on online shopping called penny auctions, where you can get thousands of dollars of items at more than 90% off. The savings are built into the system so you can take advantage of them again and again. We help you even further with regular bonuses and incentives shared on our blog, twitter stream, and facebook page. Beezid's greatest delight is when you win and save, so jump in and join the community!

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#2 Consumer Comment

Not a scam. It is gambling. It is a calculated risk.

AUTHOR: Brazzy - (United States of America)

You guys got it right on the head. It is gambling. It is a risk. Not really sure how it is considered a "scam". If this is a scam then so is every casino, lottery, and insurance company. It is a risk, it is gambling. They dont lead you to believe anything otherwise. It is referred to as a "penny auction" and some people jump to the conclusion it is like ebay. The site gives you tutorials and explains exactly how it works. Dont really see how someone could call it a "scam".

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#3 Consumer Comment

Yep another scam...

AUTHOR: Ronny g - (USA)

....with a "cute" name...

All the same CRAP...

Here is from their website regarding "how it works"...

Once you place a bid, three (3) things will happen:

1. The price of the item goes up by a penny (depending on the auction type)

2. The timer resets itself to allow other users to place a bid; similar to a physical auction where the host yells: "Going Once, Going Twice Sold!"

3. You are now the highest bidder. If it stays that way once the timer runs out, you win the auction!

Okay..lets look at this in detail...1), the price goes up by a penny...sounds like a deal right? BUT..how much does it cost each "bidder" to raise the price by a penny? That is what should be noted..

Next 2)...so is this an auction..or a game of chance? A game of chance is GAMBLING..not an auction. How is it similar to "going once, going twice,..sold"? In a legitimate auction only the highest bidder pays what they bid. In a GAMBLE...all the losers pay and only the winner gets something for their money other then gambling an entertainment.

Now onto 3).. "if"...in a legitimate online auction such as eBay, there is no "if" the timer runs out...it is "WHEN" the time runs out that you win. And on eBay and other legit auctions.."if" you don't win, you don't pay for bids.

Anyone who would submit account information to a website like this if they truly understood "how it works", would be a gambler, not a consumer.

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