Saw an advert for this website on TV, so thought i'd check it out. Thing is, i can't work out if it's truly legit or not. How can the flog a 37" Sony Bravia for a tenner?
http://uk.madbid.com/
http://uk.madbid.com/
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canveyshrimper
R.I.P
Easy the postage and packaging is £800.00.
Nah it's saying £16 for p&p. Unless i've missed some small print
MK Shrimper
Striker
Text messages per 1p bid. Let's say you win a telly for a tenner but the company has recieved 1000 text messages at say £1.50 a text (I can't find the info) - the company sells a telly worth £750 for double the price.
Clever.
Clever.
pringlejon
Pringello Indexinator
no, just a very clever money making idea. they make on average more than £1 per bid (as each bid costs £1.50 but u get a certain amount of free bids) that is made which pushes the price up by 1p, so for example, there is a ps3 slimline on there at the minute just sold for £20.22, price started at 1p (i think), means there have been 2021 bids, making over £2000. also whoever wins bid must then pay VAT and postage, in this case £8, so madbid make even more savings.
So, dodgy and stick clear yeah?
Pubey
Guest
whats not to understand?!
each 'bid' costs £1.50. and your bid increase the sale price by 1p. So the Sony Viao netbook is going for £5.90, meaning that the company has already made £885 from the bids. The chance of you getting the netbook are very slim because everyone will hit bid just before clock reaches zero.
each 'bid' costs £1.50. and your bid increase the sale price by 1p. So the Sony Viao netbook is going for £5.90, meaning that the company has already made £885 from the bids. The chance of you getting the netbook are very slim because everyone will hit bid just before clock reaches zero.
MK Shrimper
Striker
Perfectly legal I'm sure but as Pubey said, highly unlikely you'll win.
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