Bidcactus Reviews

Recently joined Bidcactus.com.  Originally large items were 10 cent auctions.  Means prices were raised by dime with every bid.  Now all auctions are penny auctions.  What most people do not realize is that the company roughly makes 75 cents per bid.  So a $500 item that sells for $50 is actually netting the company $3800 in income.  So much for a bargain. 

Fun, fun, fun! Got to realize not a real auction, more like gambling! It was fun except I lost $40 in 2 hours and didn't win a thing. Be careful! It's easy to get addicted and to hit that bid button, but even if you don't win the product you wasted your bids, meaning money. You pay a whopping $0.75 per bid which doesn't sound like a whole lot, but it adds up! Anyways if you study and know how to play you can win things for dirt cheap. I've watched some people within couple of hours win 3 things, so there is skill involved people! Better rely on wasting couple of hours in a row staring at the auctions....

I tried out BidCactus dot com because I love searching for bargins on the net and I was attracted to the idea of getting gift cards and other high cost items at a potentialy much lower price than full retail. The concept was simple; buy a "package" of bids (ranging from 25 to 100) and use them to bid on penny auctions and longer auctions of up to four hours. The price you pay for the item depends on the number of bidders but I rarely saw an item or a gift card exceed three dollars. Hmm, sounded pretty good. So you are essentially paying for the bids and the item.  But the way I figured it at first...