ED Magedson – Founder
beezid.comInternet United States of America
Category: Online Auction : Beezid Scam?????
If your ready to part with your money quickly this site will oblige you. I'm not much of a gambler but bought $30.00 worth of bids and I wonder how I could of went thru them so quick on this site.
You prebuy your bids for a dollar a bid. The bids on this site are penny bids but the catch is that it cost you a dollar each time you hit that bid button and they don't advertise it on their site...only in the initial agreement.
There is a 20 second restart each time if someone else bids within that time then the clock would start over again for another 20 seconds. I sat there bidding on this item, watching to my dismay that each time the ticker got close to ending another bidder,s name would show to start the count over again. I would wait to bid a few seconds before the auction end, bid, and once or twice my name would show as top bidder but that 20 second count would start over again.
After bidding on this item for just 10 - 15 min. my bid money was gone. WOW..did I even hit the button that many times? Actually they even gave me bonus bid money and that was gone too. As soon as my bid money was gone the site wanted me to buy more.
I don't know how long this auction went on like this...I got fed up and left. I lost $30.00 on this one item I wonder how many other people did too. I feel that besides bidding against other bidders I'm also a disavantage not knowing how this site is setup and how honest it's creators are. I put this site in the same category as sweepstake mailings....kiss your money bye,bye.
Do yourself a favor and don't bother getting an account on this site. I'm sorry I even gave up account information...I closed mine after this ontime bid experience. Would be interesting to know how many people are ending up losers.......Take a count please.
This report was posted on Ripoff Report on 01/29/2010 01:53 AM and is a permanent record located here: http://www.ripoffreport.com/reports/beezidcom/internet/internet-servicesbeezid-combeezid-com-live-online-penny-a-a4699htm-561684. 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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