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★☆☆☆☆

“What they don't tell you before joining mad bid.com”

written by Weeksmc271 on 25/05/2016

To be able to look at the details of madbid auction site you have to join and to be able to join you have to purchase auction credits. These credits enable you to bid on auction items. £35 buys you 350 credits. You can buy more or less. There are about 15 items at any time being auctioned but not necessarily something that you would want to purchase. Each item is marked with the quantity of credits you use for each bid. If each bid uses 10 credits then you get 35 bids on the item for purchasing 350 credits. It says if you don't win your first auction then they will credit your account. What they mean is they will credit you with auction credits not the money you paid. Clearly everyone purchasing bids is what pays for the items to go so cheaply but if you've had to purchase 1000 auction bids at £100 and pay for the item too at for example £50 then the item isn't as cheap as all the hype suggests. The advance information before having to spend money is limited and therefore misleading.

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