I was bored today so I began to delve into the possibility of buying a tablet. Upon thinking about it for a few hours, I decided that ipads were oversized iphones that can't make phone calls and android tablets are oversized android phones that can't make phone calls, neither being worthy of my time or money.
then my mind began to wander even more and I ended up on Quibids.com out of curiosity on how the site works. what I read blew my mind.
people are actually stupid enough to sit there and spend 60 cents per bid for a chance to buy something. I looked over a few bids to see how crazy this sites profits can be.
$50 chili's gift card $3.44 bidding starts at $0.00 and bids go up 1 penny each. 344 bids on it. 344 x $0.60 = $206.40 + $3.44 for the card
a fool and his money are soon parted. everyone who didn't win lost 60 cents every time they hit the bid button and have nothing to show for it.