Wellbid

Total scum be careful – I have a very long experience in online bidding and i have many accounts in almost all famous bidding websites, for well bid, i pay for 1000 bids, almost 20 dollars and as usual, i tried to stay focus on my computer to bid for coming goods. first, there is no initial amount for the bids, and this is strange because whatever the goods, every thing… Read more

has a price. second, bids prices are illogical third, and the most important, this website makes you believe that people bidding using auto-technique that called it autobidding which i think totally scam and just a program runing to prevent you from wining the bids because in fact there is no product to winso they have to prevent you from getting win any bids because in fact there is nothing.

I feel that this "auction" is total scum – I registered and bought some bids on this auction. I look other sales, all was nice and cheap until i join bids. As soon as i did it, lot of "bots" join in (with the very similar numbered "names") and keep overbid me. Those bots didn't stay on auction. After 10-20 bids they drop and give way to another ones. Just to keep "auction" look busy. … Read more

When i withdraw, item rise it price around 4 times of the usual "sold price".

I did one more attempt on another item, which could not be expensive in any way.

Result was exactly same. Lot of bots keep bidding each other and me until i run out of money and drop this auction.

My decision: This is total scum website. Made only to attract people by cheap "sold" items to convince people to buy bids and leave money to this website organizers.

Be aware of it! Do not try it! You will lost!

Worse than Quibids! – I signed up for Wellbid today and purchased the one-time promotional 600 bid package for $22. The bids on this site otherwise cost $30 for 500 bids, which is the minimum number of bids to for account replenishment. I lost all 600 bids in no time trying to purchase a 'bid package'. Then I recharged my account with 500 bids, and, even being more… Read more

careful, lost them in no time for nothing. I found the auctions impossible to be won because when I entered an auction, the bidding prices would suddenly jump increase from the very good looking completed auction statistics for similar auctions that ran just before. One bidding placement for the product category of bid packages costed 3 or 6 purchased bids, and each bidding placement increase the auction price at $0.01. This practice consisted of another misleading element of the website because both purchased bids and bidding placements are labelled "bids", misleading you to think, during the rush of an auction, that they are of the same value, when each bid placed subtracted 3 or 6 bids purchased. Back to my main point, To give you an idea how good the completed auctions prices looked for the product category of bid packages, for example for the '100 Bid Package' (value of $6), over 50% (12 out of 21) were won with a total of 4 or less bidding placements, costing no more than $0.08AUD.

I would like to point out in particular my last auction experience. After already having lost a number of auctions, I observed the 500 Bid Package auctions and studied their statistics. Again, the auction results looked so good: The previous 8 such auctions (and I might have missed some) came to be, in reverse order, $0.11. $0.58, $0.45, $0.19, $0.09, $0.09, $0.37, and $0.14, with total numbers of bid placements (1 bid placement=6 purchased bids) on these auctions by all bidders being, respectively, 30, 36, 210, 138, 66, 66, 114, and 6. These auction prices were completely reasonable if not very goo. At this point I gained much confidence and entered an auction. Then, for some reason, at my auction, people suddenly became very tenacious and just kept on bidding and bidding. I watched the auction price going up and up, from a starting $0 all the way up to $1.00, $1.01, $1.02...to $1.07, at which point I just ran out of bids. Then, the auction suddenly stopped at $1.08 and won by a mysterious bidder. For my auction a total of 582 bids were spent by all bidders, and I put in 498 bids. Any conclusions? I suddenly came to realise these auctions may be controlled by the auction site - because...it's a gambling site!!! I decided to walk away before I was left too big a hole in my heart.

By the way, you can"t cancel your membership on Wellbid. A bit of thrill and an exciting way to throw away your money