Dealfun.com Review is it a Scam
Personally I’m not a fan of the penny auction model in my personal opinion it just to much of a gamble. That being said in my opinion if I’m gambling it should be for money and not for merchandise that I can buy at a retail outlet or even eBay for less. Another thing I’d like to point out is the fact that dealfun.com and all other websites like it shouldn’t be called penny auctions nothing on these websites are being sold for pennies the penny in regards to dealfun.com could have easily been called a point or a credit. Furthermore in order to participate in dealfun.com a person first needs enter their credit card information and purchase a bid pack.
As low as ¢0.35 per bid
As much as I don’t like penny auction website I must give credit where credit is due and say that Dealfun.com has one of the lowest cost per bid prices in the penny auction industry. If you purchase their ‘Huge 340 bids’ package you will only pay ¢35 cents per bid which is pretty good considering the average price per bid placed using penny auction websites is ¢0.60 cents. None the less what this may also mean is more competition and more people willing to risk more bids on items which may or may not drive up the price of the goods being sold on dealfun.com
Possible example of the cash flow at dealfun.com:
If an item is sold for $40 on dealfun the reality is that 4000 ‘1 cent bids’ were placed meaning that at a minimum each person spent ¢0.35 to place a bid in this instance the real winner is Dealfun.com who may have banked$1400 on a single item. For the record yes I’m aware of their free credits for signing up but you have to also factor in the people who are purchasing lower priced bid packs at 0.60 cents per bid placed
For the record I’ve never seen nor do I know how much money/profit dealfun.com makes per auction.
Understanding the Penny Auction model and how it differs from eBay
In simple terms at eBay as a buyer you only pay if you win an auction, also at eBay a person can also make money as a seller/vendor. Penny auctions don’t work like this, First of all an online penny auction is actually an online store that is selling items. The vendor or seller in this case is dealfun.com, another thing you have to pay attention to is that it costs money to enter into the deal fun store. The price to enter into their store at the date I’m writing this can cost a person depending on their location anywhere from $69 – $119 usd. For the record the date in which I’m writing this post is August 2011 so depending on when you’re reading this, things may have or may not have changed at dealfun.com. I also recommend that people read their terms and conditions before signing up with them or giving their credit cards to them.
Do I think dealfun.com is scam? My final thoughts
If dealfun.com is not delivering their goods or services to their members than they’re a scam if they are than in my opinion they’re not a scam. Just because dealfun.com has used the penny auction marketing gimmick doesn’t make it a scam. Even if they’ve installed bots into their system and/or have people on their website driving up the prices in bid wars I still would not consider dealfun.com a scam. Now for the record I don’t think they would do this but I’m letting the reader now that even if they we’re it still wouldn’t make them a scam. Again it’s important that you read their terms and conditions before you sign up.
When you enter into someone’s store or go onto their property you must abide by their rules, even when you go to casino the owners have the right to kick you out of their establishment for no reason whatsoever now obviously this would be bad for business but it’s the owners right and it’s important that you understand that before signing up. All that being said on a positive note dealfun.com has some decent bid prices and if you’re interested in giving them a try I think you should. My position on all penny auctions is for consumers to stay away unless they just want to have good time!
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17 thoughts on “Dealfun.com Review is it a Scam”
I agree 100% , Just watched an IPhone sell for $79 Thats 7900 bids at between 35c and 60c per bid so min of $2765 plus the $79 that they banked on the item.
Then there is an option to recoup the cost of your bids by buying a same item at retail less the cost of the bids placed. I guess this gives you some chance of recovering your costs if you really need the item and are willing to pay retail.
I would not participate just on principles.
My experience with DealFun has been a good one. Just like anything else, once you’ve learned how the game is played and developed a strategy you can get some great deals. I have!!!
I won a $130.00 camera for $7.35. This penny auction is the real deal!! NO SCAMS Legit! Wait til there are few bidders left then bid!!! Patience is the key!! Awesome website! dealfun.com
Well, last night I was in casino and won $1k for less than $100 spent. Should I say that casino is the real deal and become a regular customer?
ps. at least, casino does not pretend to do everything for customers profit.
DEAL FUN is not fun nor is it a deal on anything but junk. I signed up, buying $120 worth of bids thinking that there would be a lot to bid on (cause of course they don’t show you whats in the auction until you pay for bids) and it was all junk. They had 1 auction for an ipad, 1 for an iphone and 1 for a tv. EVERYTHING else was junk. Don’t believe me? I went through the next 36 pages of “auctions” and they were ugly jewelry, crappy purses, flip video charger, and of course more bids. Biggest scam i’ve ever seen. And i thought ebay was bad.
DEAL FUN — I signed up with them and the very same day I requested to be dropped ! Why ?
I had 80 credits I had purchased. I used 35 of them on a bid for a Dell computer. I keep checking to see if my bid was still the high one, it was UNTIL, all of a sudden I went to check again and all 80 credits disappeared!
Their Email system sucks! Now if one must subtract this loss without having gained anything and buy more bids to continue, Get It ??
If someone won at a low bid they made out o.k. , if not then the item has become expensive indeed. Whose got the peanut ?
Like the other report here, most of the things are just JUNK!
I decided to try Dealfun. The rules changed faster than I could keep up – like finding out I could not use all my bids on an item I wanted. It’s a waste of effort and money. I closed my account. Now DealFun won’t stop spamming me. When I get their email I “UNSUBSCRIBE”, but they always send more mail. Contacting customer support didn’t help either. They may be there to help, but they will never Go Away!
when the auction is ending and someone bids over you, it should reset back to 15 secs. often it’s reset back to 16 secs or 17 secs. do you know how much longer they can prolong the bid by increasing it a second longer? tricky huh? when i tried the live chat, asking the question to the guy over the other end, he took off without answering the question. he didnt even dare to intro himself on the chat.
how much cheaper? here’s why they outsmart us. not cheap considering an ipad auction can go up to $200 = 20,000 bids.
that’s 20,000 bids x $0.50 from customers pockets.
that’s $10,000 out of our pocket to get an ipad. not done yet..
that’s what we have already paid them via our bids. plus the winner will fork out $200 to claim it!
GRAND TOTAL: $10,200 for an ipad that’s lowest at its class!
They are a scam. They have their own people bidding to outbid you, and then they have their own people win auctions are very low prices to entice you, but when you bid, it never sells for that price. SCAM for sure.
I signed up with Dealfun., with in minutes i didnt like it and asked for a full refund. which they gave me with no problem. But beware, i didn’t know what i was getting into and dont have that much time to spen on one auction that could take hours. yes they are making a killing on these items. maybe i would like to start one of these on line bidding sites! just not buy from one, haha.
deal fun the same as gambling in vegas so have fun paying twice as much as amazon for your item. AWESOME!!!
What a scam!! I cant tell you how many times I was told by their so called support team that the site was under maintenance. Several times I was locked out of bidding and their guarantee of 1 free spin on their wheel for life when you sign up is BOGUS!!!!! I sent them numerous e-mails and their response was always UNDER MAINTENANCE. When you try to leave them feedback you can never connect to the site. Wonder why???? In reply to re-setting the time, it is never 15 seconds, always more!!!
I am beginning to think this whole thing is scam. I have purchased items over 5 weeks ago and have still received nothing. I have tracked my items and they have been shipped in and out of my country of residence and now held up in singapore for over 2 weeks. They claim to deliver within 14 days. No reply from support and have even contacted the shipping company. Biggest rip off ever. If they don’t reply to emails how do we get a full refund on bids and items purchased? These sites should be shut down!!
Why are you telling people to get Christmas gifts for their loved ones when they won’t arrive in time? Nothing that I won in November has arrived yet, so how are items won now going to arrive in time? Don’t bother telling me to contact customer service, I’ve already done that. Besides I won’t get a response BEFORE Christmas.
What a scam! I orderd one item in November and it is January and I still have not gotten my item. Every time I write tech support they tell me that they have reshipped my item.Never use this company again!!!!
This site is he noothing but a scam. I too was tricked into trying to win items. I have won items at a cheap price but the items have not been sent to me. I won items back in Oct 2011 and as of today I still do not have them. Every time I contact support they respond saying the items will be resent…… never happen. Stay away from this site. it’s all lies. they take your money but don’t send you your items won.
This web aite no longer exists–you get an error message. all over the net are complaints about this site–google and see. Send compalints to FBI Internet fraud division or you own state’s attorney general. I WANT MY MONEY BACK—they are crooks. Their address is DOMAINS by PROXY, 15111 N.Hayden Rd, #160, PMB 353, Scottsdale AZ 85260–tell the Arizona attorney general too!!! CROOKS!!!
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