bid4golf.

[Golfmmad]

Anybody seen this? It's a unique bid auction site.

Check it out, worth a go if you need new gear!

Golfmmad.

 

[drawboy]

Can't quiet get my head around the concept of lowest unique bid, nah it's def not for me that one.

 

[Imurg]

You have to pay for each bid as well.
So if you match someone else's bid you've wasted your money.
Nice idea and some really cheap prices could be had.

 

[Golfmmad]

That's what I thought Drawboy, but was just wondering if anybody had tried it.

Golfmmad.

 

[Region3]

There's another one called madbid.

You have to buy bids in the first place (but get 5 free when you sign up).
There is a countdown timer (a minute or 30 seconds I think) and if nobody bids before the timer runs out the last bidder gets the item.
Each bid puts the price up by a penny and resets the timer.

The prices stuff goes for is amazing, but the site make money from selling the bids. I think I remember an A3 Sportback going for about £1,500, and stuff like £100 cash will go for 3 or 4 quid.

 

[RGDave]

and stuff like £100 cash will go for 3 or 4 quid.

It's a clever business BUT it's a weird form of gambling.
If you can "win" £1,000 cash for £85.27 (say) but the point is a bid costs you money. If enough people bid, the company gets thousands of bids at 50p, makes a pile of cash and one lucky person walks away with a great prize.
Probably one of the most clever non-scam e-businesses out there.
Well done to the inventor, not so well done to those who waste huge amounts bidding with little chance.....

I'm out.

 

[Spartacus]

Using this site is like using the 090 competition telephone numbers.

Who actually does?

Not I!

 

[CrapHacker]

That's what I thought Drawboy, but was just wondering if anybody had tried it.

Golfmmad.

Obviously you guys don't listen to TalkSport