MadBidReviews 397

I was prompted to buy credits and they offered 99 pounds plus 200% free. I ended up with approx 1,500 credits which was 50% free. Then I realised after my brain was twisted by them that you can't even spend credits, only bid with them, and every bid seems to take 3 credits off you. Even if you win you pay at least 10 pound for delivery plus the cost of the winning bid. But not with your credits you have bought, but even more cash from your dwindling account. So you can never use or get your cash back. I feel such a fool and wanted to warn anybody else. DO NOT DO IT. It's a con. You have been warned. I got my money back because I used PayPal. I opened up a dispute with them and they never even replied so I won the case. Yeh!

This website is a total disaster, it is a shame and very easily to "spend" those credits very fast and before you know it you've used all £49.99 of it and have recived no product near the price that they advertise.
I ended up using the earned discount to purchase a few things, when these things was faulty I had a nightmare of a time receiving any help from Tony (a manager at Madbid). Stay away and keep your well earned cash and use it on something more useful

Save your money what we should do is get a bus full of people and visit there offices as they are nothing but conning b*****ds take your your money and give you nothing for it do not give these conmen nothing

Oh dear. It's sad that sites like Mad bid are allowed to operate and doubly sad that people are foolish enough to use them. It's not an auction site; its more like an online raffle. You buy credits at a pound a time and then squander them (usually 5 to 10 per bid) basically until everyone else gives up and stops bidding. And the "price " shown for the item? It increments a penny for each bid, so, £100.00 for an ipad? No; that's 10,000 bids placed (at £10 a go!). Nice little earner there for someone.

There are a lot of bad comments on here, but all I will say is watch and understand how the site works before you fly off the handle.
I have won a few auctions which include Camera Laptop iphone6s and other items and found it lots of fun and easy to use once you study the site. You cannot expect to win every auction you enter, anyway you get credits back in the form of Discounts Earned which you can spend on site if you wish.
Customer Service is Very Helpful and always return emails within 24 hours.
Delivery is fast and efficient about 4 to 5 days.
Over all it has been a very Positive Experience
I will continue to use the site for all types of Tech goods and other items
Blazer7890

This site is a Scam. I deposited £50 and bid on three items I was the last bidder when the timer reached zero, only to see the auction start again a second or two later! If the auction is not finished the zero should not be shown. There is no value after Zero!
Crap site, poor technology, hopeless company. Use at your peril. If they rip of a hundred people like me there is no wonder they can nearly give away some items to the few that do get a deal'

#Madbids.com is more off a "betting" site and less "bidding" site. I was influenced by the article, signed up and started bidding. It didn't take me long to realise its close to a betting site. I stopped immediately and asked for refund.

They refunded my "unused purchased" points while i had much more bonus points. So this proved the point that i LOST money without actually getting anything in return.

HIGHLY NOT RECOMMENDED and TIME WASTING

***** TWO KEY RULES TO FOLLOW *****

1. Understand the game before you play.
2. Don't be trigger happy with your bids.

Firstly I want to point out that I am no way affiliated with MadBid or any other company they may be known as.

I have had an extremely positive experience with MadBid as I've won a few auctions.

I've won an iMac for £70 ish.
I've won an Oral B toothbrush for £40 ish.
I've also won a set of Bluetooth bathroom scales for £22 ish.

Had I purchased these items from the high street I would have paid in excess of £1,200.

So I guess the main thing to point out is this site isn't a scam. It's quite difficult to understand, however if you take the time out and dumb it down you CANNOT lose...!

Here is why I've been successful.

I set out to buy a MacBook Air from Apple. Cost price of this was £749. MadBid had the same MacBook on their site for £748. It was £1 cheaper to start with.

So what I did was "invested" my whole £750 into the site. What I did though was waited till a credit offer was available before piling all my cash into the site at once. The credit offer was 4 for the price of 1. So if I bought 1,000 credits I'd get 4,000.

I then started to study the site to gauge what the average final auction value was for the items I was bidding on.

Once I had a good idea of what the end auction prices were closing at I'd set an amount of bids that I wanted to use for that auction in the hope that I'd win.

Over the space of about 2 months of won the items I've listed above. Along the way I had burnt through £750 worth of credits with still no MacBook won.

Well here's where the twist is with the site that most people fail to understand it.

Every single penny I'd paid into my paid credits (£750) was being banked by the site. Yes... Banked...! So I could then go on to purchase my MacBook Air for £748. Which was delivered today... Thank you MadBid.

Last night I'd decided to buy the new Apple TV so again I put my £130 into the site and got a load of credits. I'll now try my luck in winning something else. If all else fails I'll still end up with my Apple TV for a few quid cheaper than Apple. If I'm successful I'll end up with a few more goodies on the way.

Remember the points I made above:

1. Understand the game before you play.
2. Don't be trigger happy with your bids.