Penny Auction REVIEWS – Which Penny Auctions are the BEST Bargains?

While this YouTube video is pretty shaky and blurry, its contents are clear and easy to understand. The woman on the video, who won an Apple iPad on BidsOrbit.com under the username ‘NeverLosesBids,’ found out she was scammed when she was about to pay for her item. It seems BidsOrbit found it convenient to erase all traces of her winning the auction. Fortunately,  ’NeverLosesBids’ was smart enough to take pictures of the transaction.

Website: www.BidsOrbit.com
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15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599 begin_of_the_skype_highlighting              (480) 624-2599      end_of_the_skype_highlighting
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Domain Registered: February 2009


PAI Member Rating:

(3 votes, average: 2.67 out of 5)
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Bidsorbit.com is a penny auction that’s been around for a little over a year, and during their first few months of operation, started out as a promising resource for online shoppers. Lately though, their traffic has sunk down to very low levels, and based on our snooping around the site and forums on the web, we’ve found some clues as to why such a fall, for lack of a better word, happened in the first place.

But before getting to that, let’s go over some of Bidsorbit’s basics.

Like most penny auctions, each bid placed on an item in Bidsorbit increases both its price and timer. With each bid, the final price increases by 1-cent increments, while the timer increment will vary from auction to auction – usually around 15 seconds on most auctions. As always, the last bidder before the timer runs out wins, and gets to buy the item for its final price.

Bids are reasonably priced at $0.75 each, and come in bid packs of 20 to 300 bids. You also get 10 free bids for your first purchase of a bid pack. You also get to have more free bids by referring your friends to the site – each friend that registers on Bidsorbit gets you 7 free bids.

Now to the more controversial side of this penny auction.

Bidsorbit.com has been accused of scamming its members by using shills and bots to rip off people. We took a look at their ‘Winners’ page for a history of their auction winners, and it seems that some items were won at ridiculously low prices. Mind you, these aren’t small-ticket items, but high-value products like a MacBook Pro, which sold for $0.30, and an iPod Touch, which sold for only $0.01. That’s right, 1 cent.

As to how a site like Bidsorbit makes money with those earnings escapes us, and we suspect that there might be something fishy going on here. And despite the low activity, bidders have found out that bidding suddenly spikes when they start gunning for an item, leading them to eventually lose. That seems a lot like bot activity.