Usually when something seems too good to be true, it probably is just too good to be true. I fell into this scam, and it looks like they're using "bots" when the bids are too low. I wanted to give it a try and decided to pay close attention. I looked for already "won" items and they always said they were sold for like 58 cents. So I started bidding on similar items, and every time, out of nowhere, a mysterious b(ot)idder started bidding on those items making it reach the 3+ dollars mark. Now you'd say well it's only 3 dollars. Not really
When you join Quibids, you don't bid with "real" money. You must buy "quibid" packages first and you use "quibids" to bid. 1 quibid = 60 cents. So you buy, let's say, 100 quibids for $60. Every time you bid on an item, you use ONE quibid (60 cents), but the bid only goes up 1 cent. So yes the final price of an item looks low, but in reality that company gets way more money that they paid the item for.
Ever seen that commercial where Ipads sell for $50? Well, it took 5000 quibids to get to $50... 5000 quibids x 60 cents = $3000 for a 500 ipad.
Don't waste your money people. It's so not worth it.