Wavee.com Auction Scam Internet

Use credits to bid on an item. Every bid increases the price of the item by $0.01 or more, depending on the auction type. The timer counts down until it gets below 20 seconds. From that point, every bid resets the timer back to 20 seconds, giving bidders a chance to make a final bid.


So while I can tell this is not very smart way to shop ..how is it a scam when they state how it works and do not force you to play or hide how it works?

Granted..it is PURE BS that the reason the clock gets set back is for your benefit. The reason the clock gets set back..is so THEY can make more money. With ANY legitimate online auction,. the auction is over when the time ends. But since no one really knows when the time will end since any bid will set the clock back...I can not see how this is anything but gambling. Unless only the winner had to pay for bids. Since the LOSERS have to pay for each bid, and then get NOTHING if they do not win..well I would say you simply lost a gamble.

Did you not check to see how this works before you started bidding? You admit you foolishly spent money..but it is always foolish to do anything that requires giving out credit card or bank info without investigating first. This goes for ANYTHING, especially websites.