• Report: #784425

Complaint Review: Quibids.com

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  • Submitted: Tue, October 04, 2011
  • Updated: Tue, November 22, 2011

  • Reported By: dolphins71 — West Palm Beach Florida United States of America
Quibids.com
Oklahoma City, Oklahoma United States of America

Quibids.com Worse than gambling in Vegas Oklahoma City, Oklahoma

*Consumer Comment: QuiBids

*Consumer Comment: Agreed

*Consumer Comment: QUIBIDS IS A SCAM

*UPDATE Employee: Response from QuiBids customer support

*UPDATE Employee: Response from QuiBids customer support

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This site is the worst internet experience I've ever had. I originally joined up after seeing a commercial on tv that made it appear that good deals on popular products were plentiful on the site. When you join up, you are forced to pay $60 for 100 "bids". What no one tells you is there is no other choice. You must pay the $60 to join. I then proceeded to bid on a few different items that begin at a penny. Because they begin low and go up in 1 cent increments, the items are subject to a constant, neverending barage of bids every few seconds.

At $.60 per bid, in order to stay in the auction, you have to pour in your beds every few seconds as well. By the time you've won the majority of items, you have probably paid substantially more than the product is worth. Certainly, the whole lot of bidders has paid man, many times what the prize is worth, because each of their bids cost 60 cents each as well. This is the ultimate internet scam. This site is worse than a Vegas slot machine. To put money into Quibids is to flush your money down the toilet. What a shame. Save your money.

This report was posted on Ripoff Report on 10/04/2011 04:59 AM and is a permanent record located here: http://www.ripoffreport.com/r/Quibidscom/Oklahoma-City-Oklahoma-/Quibidscom-Worse-than-gambling-in-Vegas-Oklahoma-City-Oklahoma-784425. 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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REBUTTALS & REPLIES:
0Author 5Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

QuiBids

AUTHOR: Lorenzen - (U.S.A.)

I noticed that the "Customer Service Shill" wrote a diatribe concerning the fact that Qbids was not gambling.  No one ever said that it was.  The author mearly stated that Qbids was WORSE than gambling.  Apparently, this Quibids idiot can not even read.  What a scam !!! 
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#2 Consumer Comment

Agreed

AUTHOR: Ramjet - (U.S.A.)

Quibids is indeed a scam, there is no way they can claim they are not. 

Quibids has a lot of guts coming here and insulting our intelligence by pretending they are ethical.

They aren't and they know it.
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#3 Consumer Comment

QUIBIDS IS A SCAM

AUTHOR: CC77 - (United States of America)

I do not want to hear a "Customer Service Representative" from Quibids define what gambling is from the dictionary.  What I want to do is have them look up the word "SCAM" "FRAUD" and "CON".

Definitions of Scam on the Web:

A confidence trick, confidence game, or con for short (also known as a scam) is an attempt to intentionally mislead a person or persons (known as the mark) usually with the goal of financial or other gain. A a fraudulent business scheme 
 

This company may be "legal" but it is a scam. They con you out of that $60.00.  THey actually steal it.

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#4 UPDATE Employee

Response from QuiBids customer support

AUTHOR: Erik - (United States of America)

I am with QuiBids customer support. I would like to address some of your concerns here. First off, QuiBids is a pay to play auction model. We do not attempt to hide this information, but have provided it in several places on our website including the QuiBids 101 section that details our auction model. In this section we explain why bids are purchased and invested in auctions and how, if you are not the winner you can exercise the 'Buy Now' option and purchase the item out-right minus the value of the bids invested in that auction.

The Buy Now feature offers you the chance to purchase any product at any time during the auction and for up to 2 hours after the auction ends. Any real bids (aka Bid Pack bids) you place on an auction will be discounted off the Value Price*.  Please note: Voucher Bids will not be used to discount the Buy Now Price.

Below is an example of how your discount Buy Now price is calculated:
Value Price: $100.00
Discount: Real Bids Placed x Bid Price: 100 x $0.60 = $60.00
Buy Now Price: $100 - $60 =  $40.00 + Shipping/Taxes (if applicable)

QuiBids is also not affiliated with anything that can be considered gambling. All auctions on QuiBids are 100% customer driven, meaning that the outcomes of the auctions are determined by the customers themselves.  There is skill that goes into every auction.  Each auction varies in difficulty depending on a number of factors, including the popularity of the item up for auction, the number of bidders in the auction, the experience level of bidders in the auction, time of day, etc.

For an activity to be considered gambling as a matter of law, three elements must be present: consideration, chance and prize.  Among other things, the outcomes of QuiBids auctions are not determined by chance; therefore, QuiBids auctions are not gambling. Dictionary.com defines gambling as 1. to play at any game of chance for money or other stakes or 2. to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice.  At the very least, the element of risk is taken out due to the Buy Now feature being available on 100% of QuiBids auctions.

No one has to walk away empty-handed.  It is entirely up to the participant whether he or she will use the value of bids spent on an auction as a rebate to the purchase price. The worst case scenario should be someone walking away from the site with an item at the value price, which is typically a good internet price.  QuiBids Buy Now feature eliminates the potential for loss.

I hope this helps provide some clarification of the matter! For more information regarding this topic, please visit the QuiBids 101 link below.

http://www.quibids.com/quibids101/blog/39-How-Its-Not-Gambling

Please feel free to contact us with any questions by emailing support@quibids.com. Have a wonderful day!
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#5 UPDATE Employee

Response from QuiBids customer support

AUTHOR: Erik - (United States of America)

My name is Erik and I am with QuiBids customer support. I would like to address some of your concerns here. First off, QuiBids is a pay to play auction model. We do not attempt to hide this information, but have provided it in several places on our website including the QuiBids 101 section that details our auction model. In this section we explain why bids are purchased and invested in auctions and how, if you are not the winner you can exercise the 'Buy Now' option and purchase the item out-right minus the value of the bids invested in that auction.

The Buy Now feature offers you the chance to purchase any product at any time during the auction and for up to 2 hours after the auction ends. Any real bids (aka Bid Pack bids) you place on an auction will be discounted off the Value Price*.  Please note: Voucher Bids will not be used to discount the Buy Now Price.

Below is an example of how your discount Buy Now price is calculated:
Value Price: $100.00
Discount: Real Bids Placed x Bid Price: 100 x $0.60 = $60.00
Buy Now Price: $100 - $60 =  $40.00 + Shipping/Taxes (if applicable)

QuiBids is also not affiliated with anything that can be considered gambling. All auctions on QuiBids are 100% customer driven, meaning that the outcomes of the auctions are determined by the customers themselves.  There is skill that goes into every auction.  Each auction varies in difficulty depending on a number of factors, including the popularity of the item up for auction, the number of bidders in the auction, the experience level of bidders in the auction, time of day, etc.

For an activity to be considered gambling as a matter of law, three elements must be present: consideration, chance and prize.  Among other things, the outcomes of QuiBids auctions are not determined by chance; therefore, QuiBids auctions are not gambling. Dictionary.com defines gambling as 1. to play at any game of chance for money or other stakes or 2. to stake or risk money, or anything of value, on the outcome of something involving chance: to gamble on a toss of the dice.  At the very least, the element of risk is taken out due to the Buy Now feature being available on 100% of QuiBids auctions.

No one has to walk away empty-handed.  It is entirely up to the participant whether he or she will use the value of bids spent on an auction as a rebate to the purchase price. The worst case scenario should be someone walking away from the site with an item at the value price, which is typically a good internet price.  QuiBids Buy Now feature eliminates the potential for loss.

I hope this helps provide some clarification of the matter! For more information regarding this topic, please visit the QuiBids 101 link below.

http://www.quibids.com/quibids101/blog/39-How-Its-Not-Gambling

Please feel free to contact us with any questions by emailing support@quibids.com. Have a wonderful day!
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