Zyra's website //// Online Auctions //// "Mad"
Shops //// Site Index
MadBid.com
Pay-to-Bid Online Auctions - Fun Bargain Auctions since 2008
Now here's a new
thing that takes some thinking about. If you'd rather not think
about it and just join up, you are welcome to. Just join here! See, easy.
However, let me explain a bit about MadBid.com so you know what
you're signing up to...
MadBid.com
is the much-vaunted online auction site promoted on British
commercial TV. The logo shows someone hitting themselves on the
head with an auctioneer's
gavel, and the clear message showing the basic surface truth of
MadBid is that you take part in a crazy auction, pay for bids,
and you might win something, typically a valuable consumer-durable
for a fraction of the proper retain price, often ridiculously cheap, because it's MAD, see! This is true, and
if you want to make a jump to it, you are welcome to sign up
here. However, there is
a deeper truth, which is as follows:
MadBid.com
is truthfully "an auction" in the sense that the
highest bigger wins and gets to buy the item in question for the
agreed final selling price plus delivery costs. You need to live
in the UK, and you need to have a UK mobile phone number, and you
have to tell them your location, age, and oddly... gender, though
quite why they want to know that is another matter. However, it is probably more
useful to think of MadBid.com as a game rather than an auction.
In a way it's like a gambling game, but
it's more of a contest rather than a probability risk gamble.
When
you sign up, you get some free "credits". These are
like gambling chips in a casino, and they are the in-house
currency. Credits cost 10p to 12p, and you can buy them in bulk.
When you place a bid, you pay so-many credits (usually between 1 and 8) in order to have your bid accepted.
If someone else puts a bid in, the price of the item on sale goes up by 1p.
The
highest bid wins, and the winner receives the item. However, all
of the money spent on chips/credits goes to the company. They've
got to make a profit, you know.
So,
remember, it's a game, and it's supposed to be fun. You should be
behave responsibly and place your bids where you think best. Who
knows, you might win!
If you're wondering how £1000 in cash can be sold for £19, bear in mind that it's probably had 1900 bids at a cost of 10p each. The wise person learns tactics and knows to place a bid right at the end, and there are other skills which you learn as you play the game.
Think of it as a game of skill and luck, and have fun! Read all of the shpiel and smallprint, and you should be able to see how it makes sense.
If you have been tempted by this, here's the link:
http://www.madbid.com
affiliate program is an Independent
Affiliate Program
There's a special code, which will credit new users 5 extra bids
(on top of the usual 2 bids), when you type in '5FORFREE' as the
promo code. I'm not keen on voucher codes myself, but there you
have one if you'd like.