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Bidhere Review Is It a Scam

Posted on November 12, 2010 by RichInWriters

Bidhere Review Is It a Scam

If Bidhere.com is anything like some of the auction websites i’ve reviewed I would recommend people stay away. The one difference I like about Bidhere compared to other penny auctions is the fact the allow paypal payments. If you are going to signup for Bidhere.com(i don’t recommend it) pay with paypal. The reason i say this is because paypal has a much better reputation than the other credit card processors i see on the Bidhere.com website

Bidhere Terms and Conditions Read them before signing up

Penny auctions use things called credits that people use to bid on items. To obtain a credit a person needs to pay cash. Credits typically in penny auctions are non refundable and if you read the terms and conditions on the bidhere.com website it does state that Purchasing Bid and Payments found at http://www.bidhere.com/Terms++Conditions/id/259/ #2 it states

“The bids must be paid for in advance. The purchasing process requires Users to verify if the bid package they are purchasing is the right one. This is done to make sure that the choice being made is intended. Purchased Bid Packages are non-refundable and hence Users should buy only as many bids as they are willing to spend on the bidding process. Payment can be made by a valid debit card, credit card or via payment agent. Purchase of Bid Pack is  non refundable. If charges are disputed, BidHere has the right to share your information with our Debt Collection Agency to recover payments. ”

Understanding Penny Auctions

The important thing i want people to understand about penny auctions is that there can only be one winner so even though some of these penny auctions have buy it now features the bottom line is that you as the consumer is losing. When you bid at a place like eBay only the winner has to pay for the price of the item when you bid at a penny auction website every single bidder is paying for the price of the item. What makes it worse is the bigger the penny auction site gets the worse and harder it gets for the consumer.

Sure you might get a rush by it but penny auction websites are both costly and time consuming my research has shown me there are allot more losers than winners which is fine but what sucks is that majority of the losers leave with NOTHING the lose their time and they lose their money, lets say they went to eBay now yes there is only one winner but only the winner has to pay for the item.It’s just not worth it my opinion none the less don’t let my opinion stop you from signing up to Bidhere

Please leave your comments about Bidhere.com below by leaving your comments it helps educate and also helps others in their decision making process

5 thoughts on “Bidhere Review Is It a Scam”

  1. jservant says:
    December 8, 2010 at 3:13 pm

    Warning! Fraud, scam BIDHERE.COM

    I put more than $ 5,000 and I have reviewed this site for several weeks and I note every 5 seconds Every one buyers bid, login, and winners and losers for each items. BidHere.com uses fictitious users (bidmonkey) for each item to increase the bid. For each item there is always a user, not two but just one new user a few seconds to connect before the auction starts and I can tell you which user win before the auction begins. This way, if an item sells for a price too low for them is their own user wins. ( sorry for my bad english i am french Canadien ).

  2. Dogg says:
    December 31, 2010 at 5:59 pm

    I’m registered with BidgHere and have lost some money (guess that I should have done MORE Due Diligence) before throwing away my HARD earn money.
    My issue is this, I have observed carefully FIVE laptops that keep returning to the auction ever two days. Whereas I am aware of the site’s “Buyback” policy, good God man the same laptops (with the same NUMBER)this is awful.
    SCAMMERS!!

  3. Belafonte says:
    February 28, 2011 at 6:05 pm

    Well I was going to start bidding and then I noticed their retail prices which believe me are much higher than any other street price in Europe or US. Then I did some calculations. They list a product with retail price around 2000 euros. The bidding is currently at 124 euros. Each bid increases by 0.02 so to reach 124 they made around 6000 bids. Each bid costs the user 0.50 euro cents so they have already got 3000 euros without selling the product yet.

  4. Vianca says:
    September 23, 2011 at 3:06 am

    Great haemmr of Thor, that is powerfully helpful!

  5. Morna says:
    December 23, 2011 at 9:03 pm

    According to my experience there is possible to win but it`s quite difficult. Though nothing comes easily on any other bigger site as well.

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