2.07

7 ratings from 1 source

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Madbid.com

Marcāndi ltd c/o THB Accountants, The Courtyard, High Street, Chobham, Surrey, GU24 8AF

Sector:

IT & Telecomms (Activities: Auction Websites)

 This business/organisation is a registered Plebble member

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Have used Madbid several times now and really got into how it works. Don't know what it was like before, but my impression that I got was good - and somehow they also got some positive, premier press coverage. So far, only won Bidpacks, but lost the majority of in auctions for real products. Still aiming for an iPod - and sure to get it. And if so, that's a real bargain - so I don't see the scam if you understand the rules.

Posted by Anonymous at 22:36 on 30-Jun-2009

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I have to say that the first time I heard about MadBid was on the Radio. I searched it online and found out that I can test the website for free - so I did. Quite a fun and exciting site. One has to be careful about not spending too much though. All the videos on the madbid.com look very real and I have a good experience. The customer service department at least picked up the phone when I called. I would leave it for yourself to test it out and see what you think.

Posted by Anonymous at 18:17 on 21-Apr-2009

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I've been using MadBid for a while...mainly for fun and procrastination...Recently the delay after the bidding time ends has increased. The "How It Works" clearly states that the "when the timer reaches zero, the highest bidder wins". This is not even close to being the case...When the timer reaches zero, there is a period of more than 5 seconds when it reads "Checking results" - when people can still place bids. I could understand if this was to just put through the autobids, but allowing people to bid after the time's up, is just plain unfair. Very convenient, since many auctions now go well past this time, hence more further bids - more money for them - even starting a whole new cycle of bidding when that auction should have been over. I won an item the other day...then it checked for more than 5 seconds after the timer ran out and somebody else bid in that time...the item eventualy sold for £15 pounds more than when I won it. i.e. they made more than £1500 extra. In my view this clearly violates what they're advertising. In addition you have people stalking the website, not participating until that "Checking results" appears...making their bids last infinitely longer, since they make other people do the running and exhausting their bids and then just going for the kill when everyone else is out of bids. Suppose if you can't beat them, join them, but the site has become pointless...counted delays up to 15 seconds today... Maybe a month ago it was still something fun to do (like the LOTTO), now it's got scam written all over it. STAY WELL AWAY....

Posted by Anonymous at 23:23 on 19-Nov-2008

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System has crashed several times over this weekend. In fairness to madbid it did return all of the bids I had placed on the day the site crashed. What it has not compensated for is the HOURS of time that I spent bidding. What a total waste of time! Site crashed on Saturday AND Sunday this last weekend. What a mess!

Posted by Anonymous at 14:42 on 17-Nov-2008

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A total scam- spent £195 buying bidding rights was the highest bidder at end of auction but they restrted it the next morning so I didn't win even though I already had!!!!!! Avoid like the plague

Posted by Anonymous at 14:12 on 04-Nov-2008

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