What is BidSauce.com?
Bidsauce.com is a penny auction website that has quite a few unique features. I am not an affiliate of bidsauce nor do I use them so in this post i am going to show you how bidsauce works from my perspective. I think education is key when it comes to online penny auctions. When you get to the heart of online penny auction websites you will clearly see that its nothing more than borderline gambling. I grew up in a Christian home and i don’t like gambling with my money, time or soul that being said before you sign up to bidsauce its a good idea to read my perspective on this penny auction website.
Is BidSauce a Scam? Is it Legitimate? Why are there so many complaints?
When i first heard about online penny auctions I could instantly see the damage these things could do. I personally don’t think online penny websites are scams but i do however believe they are not worth your time or money. Bidsauce.com has allot of complaints of charging people $149.95 just for joining. The reason i think this is happening is because once a person signs up to Bidsauce.com they are faced with a page that says “GOT SAUCE” on this page there are bid boxs and underneath these bid boxes(with the exception of the low $25 bid box) it clearly states “you’ll win we guarantee it” .
This is where i tell people its important to read the terms and conditions, not only that i want to point out that by them saying “you’ll win we guarantee it” they actually mean if you don’t win you can buy the item at the price they set. in their terms and service under purchase of bids #4 clearly states
“Neither Bids nor Bid Boxes are transferable. If there are any questions regarding bids or bidbox purchases please contact customer service.”
Another thing i want to point out is the bidsauce guarantee. the bidsauce guarantee will not give you a refund it merely will “replenish” your bids for free. Interesting choice of words by bidsauce “replenish”. What i am trying to point out is once you hand your money over to bidsauce.com its as good as gone.
Is BidSauce.com Fake is the game rigged?
This is why i don’t like penny auction websites. At this point i am pretty sure that Bidsauce.com has enough members not rig the game but in my opinion when these penny auction websites are just launched the game in my opinion has to be rigged. eBay.com made its mark because everyday people could bid on their desired item and only get charged if they win, eBay.com is more of a auction website for small businesses. Penny Auction websites in my opinion are more like corporate auction websites depending on the type of person you are this is either a good or bad thing.
eBay verse Penny Auctions
I could have an old antique chair and sell it on eBay when i list this item only the winner has to pay for the price of chair. Penny Auction websites remind me of Wal Marts (I HATE WAL MART). When you go to bidsauce all it is really, is an online store with a marketing gimmick. The marketing gimmick being they will charge you the moment you walk into the their store(website) you will exchange your money for chance to win a prize(sounds kind of like gambling doesn’t it) You give bidsauce your United States backed currency for Bidsauce.com Non Refundable credits. They(bidsauce.com) then tell you to go and bid on what you want to buy each bid costing you a non refundable bidsauce credit.
The bigger the Penny Auction websites gets the more money it makes and the harder it gets for people to win prizes to me its just so ignorant. This is only my opinion again i don’t recommend wasting your time at bidsauce.com, none the less now i hope you have a better understanding of what you are getting yourself into.
Bidsauce.com Strategy
I used to be a Powerseller on eBay and when you are dealing with auction websites I always say have at least 75% of retail value of the price of the item. On eBay winning bids range from around 75% – 85% at times they go over or under that amount but when you are prepared and have an actual figure in your head of how much you are willing to spend you tend to have better results on auction websites. Most people approach online auctions sites and bid out of emotion instead of out of clear thought in a Penny auction website this type of thinking is dangerous, because in a penny auction website every credit you spend/bid is costing you actual money(non refundable credits).
Bid Sauce Strategy Make a Commitment
If you are going to participate in a penny auction website I advise you to commit and go all the way with one particular item, don’t bother bidding 10 credits here then moving onto another one and bid some more credits there stick to one intimidate your rivals let them move on to another item remember you already paid for your credits. Have the price in your head your willing to pay for your desired item and do not deviate from it. When playing any game the idea is to play to win and have fun at the same time. I’ve done auction sites before its a rush being in a bidding war the difference is that on eBay only the winner has to pay.
None the less I wish you all the best I don’t recommend bid sauce this post was created mainly for educational purposes I would like to make it clear that I don’t like people telling me what to do so i won’t tell you what to do I wrote this post for educational purposes meaning learn what you can from it please leave your comments below it helps others in their decision making process.
Great post.
Perhaps I can just add to this that the best way I know to guard against being ripped off by online sales or auctions of any kind, Craigslist and eBay included—and whether seller or buyer—is to use a *bona fide* online escrow company. Especially for pricier items like antiques, jewelry and autos. Although it does add some cost, it takes the uncertainty out of the transaction, and that’s a small price to pay for peace of mind.
For my money, the best bona fide online escrow (and there seems to be ten fraudulent escrow sites for every bona fide one) is probably Escrow.com (http://escrow.com). In fact, it’s the only one that eBay recommends, and is the only online escrow company that is licensed to provide escrow services all across the United States.
Take care,
Ulf Wolf
I recently tried this site and what a joke…..It said I get to try it as a promotional for joining a sure win. THEN I GET A CHARGE ON MY VISA FOR $150… THAT I DID NOT APPROVE. I CONSIDERED THIS ACTION BY BIDSAUCE AS INTER-STATE WIRE FRAUD AND HAVE FILED A COMPLAINT WITH THE STATES ATTORNEY
BEWARE THIS IS SCREW YOU SITE
BIDSauce.com This is a scam dont do it, its bill sh*t they got me and now i dont even know how to get out of it this is another way the goverment help these kind of scamer in california again and helping out walmart dont do it it bill just like are votes, those pepole are the same one that scam as they are the law makers that let it happen!
I started useing BIDSAUCE Sept.4,2010& stopped in mid October(unfortunitly it took me this long to realiz BIDSAUCE was a scam). I won 3 ‘bids’ Sept.4,2010 and received the items. However, since then I have not received anything from them. I spent more than $3000.00(boy do I feel like a fool) and won over twenty(20) items. I have sent then several email and from the first I was told they were having shipping problems. A week later I was told the “VENDORS” could not keep up to all the wins. Now they won’t even responed at all, along with emailing them I have called only to be put on hold. I would like to start a class action law suit against them and will if more people will show me some interest. My email address is: kevinmartin4200@att.net send me an email if you are interested.
I won about 20 items back in November but have not receive one. They give me different reason why I have not received them from so many people have joined to the processor that collects the money for them has not paid them. If I were you I would not join them. I’ve also put a complaint in with the BBB.
I joined this site in november 2010 and was immediately charged 149.00. I was not happy but went ahead and bid on a couple of things. I won a $50 gift card and immediately paid for it. That was on November 5. It is now February 6 and I still have not received my gift card. I have called them several times and they give me a different excuse each time. I filed a complaint with the BBB but they never responded to them and the BBB just closed the case. I have just about given up. I have told everyone I know about bidsauce and their scams and to stay far away from them. There is a special place in hell for these people.