How can beezid be legal

Jump online to Beezid. Shopping isn't exactly what Beezid's web site offers, though. But to make a bid, the participant must pay an average of 90 cents per bid you can get a lower price if you buy bids in bulk. Bidders must also beat a countdown clock that restarts every time someone places a bid. When the timer runs out, the last person to place a bid wins the item. Beezid's twist on the penny auction may sound like a great way to get deals, but it has drawn dozens of complaints. Some consumers say they haven't received their winnings from the site; others claim the bidding process is rigged so that the people who spend the most money bidding never win.

Some consumers even allege that Beezid pays people to write positive reviews on its site. Beezid's Cantwell says the site's auctions are legitimate. He also said he can guarantee the site doesn't pay consumers to write positive reviews, and that "winners always receive what they purchased in a timely manner. So I made several bids trying to win a laptop. But I actually did! I won a dell laptop and was very happy. Immediately called my friends and told them how cool Beezid was. Weeks passed and I heard nothing from Beezid, when I contacted them they said that my laptop was already sent to me and will be here any time soon.

Waited and waited and nothing. The way it is now configured—with too many wins possible for deep pocket and obsessed with winning gamblers—stay away! If you must penny auction—avoid Beezid till some rules on number of wins changes—other sites are more even a gamble…. The site was legitimate for a while but is not anymore. I can vouch for them having been legit at one point — look me up on allpennyauctions. This site is a complete fraud. Basically the inside story of how beezid works is this. You see a timer that counts down and if no bids occur at the end of that timer well then the last bidder wins right.

But once enough real customers bid to pay for the item plus a profit then they will end the auction and here is the sad part. It is a total scam and I wish someone would do something about it. WOW… What is amazing to me is the amount of stupid people out there these days. These sights pray on dumb people like the plague. If you have even an ounce of brain cells left in your head you could see this sight is a scam. I found the web-sight and spent 10 minutes looking around, then Googled beezid.

I then saw my immediate uncomfortable feeling about the place was for reason. I use to think there was no way people fall for all the e-mail fraud out there. Then you wont get ripped off.

Politics Covid U. News World Opinion Business. Share this —. Follow NBC News. By Herb Weisbaum. Herb Weisbaum. The attorney general's office also investigated another small site called bid4millions this past spring for its failure to deliver products won and paid for in auctions. The defendants signed an Assurance of Discontinuance, an agreement not to engage in specific types of behavior in lieu of any civil charges being filed.

The settlements of those two companies did not include an admission of wrongdoing. Roughly penny auction sites can be accessed from the U. Three auction sites started a trade association called Entertainment Auction Association "with the sole purpose of promoting integrity within the entertainment auction.

The remaining company, BidCactus, calls itself the oldest U. The association did not return requests for comment. While Geurts said the intention of the trade association is a "good start," QuiBids has not joined because he said the member criteria is not stringent enough. He thinks penny auction sites should not just have an outside auditor scrutinize its business but also require a "Buy Now" feature for its auction items. A page class action complaint was filed in November against QuiBids in an Oklahoma district court claiming the site does not properly disclose the low probability a customer will receive a "financially positive outcome from using the website.

The suit, with named plaintiff Lawrence Locke of Oregon, claims the site fails to disclose the fact that the overwhelming majority of customers will lose money by using the site and the percentage of money returned constitutes violations of the Oklahoma Consumer Protection Act and common law fraudby omission under Oklahoma law.

It depends upon chance. There are all sorts of factors beyond your control, including how many people bid, how much they will bid. He said the class is planning to file a second amended complaint accusing QuiBids of commercial gambling in violation of Oklahoma law. Mandel said every penny auction site is guilty of the "same problems" but the lawsuit highlights QuiBids because it is the largest. QuiBids filed a page motion to dismiss the suit in February saying it properly discloses that users may lose money and it is best to bid in the last 20 seconds of an auction, when users' bids add seconds to the countdown clock.

Geurts said there is plenty of disclosure in the website, including in its QuiBids section. Stephen Silverman, an avid penny auction player in Phoenix, Ariz.