Firearms Talk banner

1 - 8 of 8 Posts

·
Registered
Joined
·
957 Posts
Discussion Starter #1
I understand how it works but has anyone actually used it? I suppose if you worked the system well it could pay off for both parties.

www.bidgunner.com
 

·
Registered
Joined
·
6 Posts
I just went to this it seems like that website beezid which although it's a legitimate site it's still a little sketchy just my opinion
 

·
Registered
Joined
·
1,013 Posts
I don't know about that one, but I'm hearing about new 'bid sites' springing up where the site collects a small fee, say .25, with each bid. Supposedly, a person does have a chance of getting an item well below normal sale price, but odds are very high. In the meantime, the site collects several times what the item is worth. I'm still not sure how it works & my impression of it being a trap a person could get into may be entirely wrong.

For myself, I don't even use Gun Broker or any of the other 'auction' sites. I prefer doing business with local gun stores. Besides, there's all the fun of drooling on their counter top & handling lots of guns! :D If there is one that I know I want without seeing it up close & personal, I check Davidson's "Gun Genie" & order it there. It still gives the sale/profit to the local store.
 

·
Registered
Joined
·
11,483 Posts
Sean1916 said:
I just went to this it seems like that website beezid which although it's a legitimate site it's still a little sketchy just my opinion
Don't know about the site in question bit I've watched beezid and its a scam. The site runs up the bids.
 

·
Registered
Joined
·
957 Posts
Discussion Starter #5
I don't know about that one, but I'm hearing about new 'bid sites' springing up where the site collects a small fee, say .25, with each bid. Supposedly, a person does have a chance of getting an item well below normal sale price, but odds are very high. In the meantime, the site collects several times what the item is worth. I'm still not sure how it works & my impression of it being a trap a person could get into may be entirely wrong.

For myself, I don't even use Gun Broker or any of the other 'auction' sites. I prefer doing business with local gun stores. Besides, there's all the fun of drooling on their counter top & handling lots of guns! :D If there is one that I know I want without seeing it up close & personal, I check Davidson's "Gun Genie" & order it there. It still gives the sale/profit to the local store.
Yea no doubt, I've only bought from one local shop so far, sometimes a big outfit like Cabela's or Academy outdoors will have it 10-20 cheaper but my local guy is literally 5 minutes away, they are honest and most of the time it's actually easier for me to pay a bit extra.

But the scheme with "Penny Auctions" is as old as the days are long, basically you buy the bids to get in the door, you use your bids in penny increments so if you buy bids at a buck each and an iPad sells for $50, that means 5000 people bid on it. The winner pays $50 so the seller earns $5050 on a $500 iPad. All those people 4999 who bid (at the cost of $1 each) and didn’t win are out all that money. But the winner gets an ipad for 50 + ship/tax. It's a scheme no doubt but worked properly could be lucrative.
 

·
Registered
Joined
·
957 Posts
Discussion Starter #6
Don't know about the site in question bit I've watched beezid and its a scam. The site runs up the bids.
If they are doing that....that's criminal.
 

·
Registered
Joined
·
957 Posts
Discussion Starter #8
1 - 8 of 8 Posts
Top