Beezid.com Beezid.net A gambling site, thinly disguised as an auction site Internet

I completely agree! I also was taken for an unsaid ammount of money from this and other like "penny auction" sites. I definately was noticing patterns after awhile including, as stated, one bidder bidding way more than the product is worth. On another similar site, I went head to head with a bidder for a long time until the site finally would not let me bid any longer because I had reached the worth of the product. Well this "bot" that I was bidding against had been bidding long before I started, the whole time I was bidding, and continued to bid long after me until it had won.



An obvious question arises... if I was not allowed to bid further once I reached the object's worth, how is it that this bidder bid probably 3 times as much as me? I am wondering... if this were to be documented on video if these guys could be taken to court?



Seems like these guys need to be taken down! Its not fair what they are doing. They are a wolf in sheeps clothing and something definately needs to be done!  

My BS detector went off when I saw this so I signed up for an account. There is definite bot activity. Making matters worse, the response of the bidding process is very slow to react. I waited until the amount that I thought the actual item would sell for before I got in the mix and I started bidding. Next thing you know the 15 second timer ends in one second and one of the bidders who I strongly believe was a bot is shown as the winner. They are honest about the way the process works but the system in the background is rigged.

Beezid is not a scam. It is a form of gambling and they dont try to hide that fact. Much like your local lottery, or your local casino you are spending money for a chance to win a prize. I know people see the word "auction" and they think "Oh, like ebay". Wth their "how it works" and tutorials they do inform you quite well that you are taking a risk. The only difference between beezid and buying a lottery ticket is that you do have a say as to when and how you play your bids. It is a calculated risk, and people do often come out on top. People think it is a rip off for two reasons. They either lose their bids rapidly or they see someone spend more in bids than the product is worth. Prior to trying beezid I watched the site for about two weeks to see if there were any patterns. I did end up spending roughly $100 in bids and gave it a shot. I was able to win a couple of gift cards and a series of blu ray disks. My winnings totaled roughly $200 worth of goods (3 $50 gift cards and the blu ray). Soon after I started winning they called me and started referring to me as a "preferred customer" and offered my bid packs at a discount (much like a casino would give away prizes to winners on the floor and get them to keep spending their money in the house). With that said, you can win. It is a risk and it is gambling, but it is no more of a rip off and playing the lottery. What people see can be weird on the site as you do have human elements involved such as stubborness and addiction. When you see someone spend more in bids on an item than what it is worth there are two possible reasons for it. The first is that the person already invested too much to walk away with nothing. People do get in over their head on items and realize that it may be too late to cut their losses by walking away. They then have to cut their losses by winning the item. An example would be bidding for a $50 gift card. Lets say you got in over you head and spent roughly $40 in bids on the item and the auction is not over. Would you walk away having spent $40 and won nothing? Or would you keep bidding until you won? Most people will keep bidding until they won just because mathematically it makes sense. Spending $70 on a $50 gift card makes more sense than spending $40 and walking away with nothing ($40 loss vs a $20 loss). The other aspect of it that I did not know until I won was the "preferred customer aspect". When beezid did call they were offering bid backs that averaged 23 cents to 30 cents per bid. That does throw a bit of a monkey wrench in the math as to how much a person spent on an item and how much beezid is making. I too assumed every bid was about 60 cents and I was wrong. I was puzzled how someone could spend a hundred bids and 60 cents a bid on a $50 item. Fact was that they were probably spending 30 cents per bid and their bidding was justified. That is also why you see some familiar names over and over again. In closing it is not a scam. It is a risk. You need to do some research and watch other people's strategies to see what works for you. You can win.

I am was witness to "1averagejoe" spend appox. $1200.00 on a Sony Playstation 3 during my one and only www.beezid.com experience.  Also, I spotted another bot "sexybabygirl" spending thousands on multiple (worthless) items.  I was taken for $30 dollars and for that I'm more embarrased than angry.