Complaint Review: xbids.com - Internet
- xbids.com Internet United States of America
- Phone:
- Web: xbids.com
- Category: Questionable Activities
xbids.com xbids is a scam Internet
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This company is very much like the quibids website if they are not affiliated with one another. They sell you bids for .60 each so you can bid on merchandise they sell. Only problem is it is very hard to win anything and the money they make is ridiculous over what they have to pay for the item. They recently sold a $100 Walmart gift card which went for $30.69. That is 3,069 bids at a penny each that cost the bidders .60 each. You do the math! 3,069 X .60 equals $1,841.40 for a $100 gift card. Who's making money here? That's a pretty good percentage of profit. I recently purchased $75 worth of bids just to see if I could win anything. Not a chance, every time I got close someone else jumped it up. But the second I stopped bidding it would sell. Don't figure. If you want to give money away, this is a good place to do it. But I would suggest spending it somewhere else where you have something to show for it. I filed a complaint with xbids, but have not gotten a response and most likely won't. They are running to the bank.
This report was posted on Ripoff Report on 11/27/2010 12:42 PM and is a permanent record located here: https://www.ripoffreport.com/reports/xbidscom/internet/xbidscom-xbids-is-a-scam-internet-665854. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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