zbidddy or penny auction...I have been studying the site and have figured out their intelligant big money making scam! They have a 40 inch HD t.v. for $69.00, it has been open for bid since Jan 19. The price stays the same HOWEVER and this is where the scam comes in....they keep selling bids and people keep bidding thinking they will be the last bidder and one day it will stop.
That is the trick, that item never closes and so they by now (estimated) collect 60cents every 3 seconds since Jan 19 and it is March now on that picture of a t.v.!
I bid on a magazine and WON the subscription for 30 cents, here was the catch, 4 magazines and shipping and handling was $15.00!!!
The website shows all these supposed wins but they don't tell about the hidden charges that go along with the winners as well.
The sad thing is so many people have spent so much already on bidding on the item that if they do not continue then they have lost all the money they have spent on bidding on the item.
Another major fact is by the time the bids come to an end on kindle fires...they would have been cheaper to have bought on amazon or in the store and saved on that shipping and handling. The site DOES NOT show you those items and prices or no one would be so suckered in. Shame on all who has sponsred or provided them t.v. time! CNN.......