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While penny auctions are pretty much all gambling this particular site has got on the band wagon of giving your bids back if you BUY the product after you lose on it. Of course you are not getting the product for a good price, you are getting it for probably full MSRP and it is probably a product you wouldn't buy to begin with except for 1/1000th of the price.
The Penny Auction Watch site is Major scam(pennyauctionwatch.com). Also known as "PAW".
PAW is a front for these dishonest penny auction owners to make their sites look legit. Penny Auction Owners plant positive experiences on here(Complaints Board) and on the Penny Auction Watch forums(PAW) to bait people into playing and buying bid packs. Buying bid packs to bid on items? What a joke and scam!
Go to Flippa[dot]com and search "penny auctions for sale"
There you can see how these operates by the use of controlled bots on autobid to scam any real people into buying more and more bid packs until the reserve price has at least been met for that item that's bid on. They aren't in the business to LOSE money and will never ACTUALLY sell an item below value. If not enough real people are bidding on a particular item for a while, they will end the auction to a bot name. They will then list the bots name in the "Auction History" section to make it look as if REAL people actually win and auction is honest+fair.
You can buy your own Penny Auction from Flippa.com and start scamming also. So easy to do.
Also. Google, "penny auction website script" and see how these scams operate. The scripts are cheap to buy.
To build up traffic to your scam penny auction you must plant positive experiences on forums such as PAW(PAW is a front). You must also dispute ANY negativity or complaints on forums such as this.
For EX, tell the angry complainer that he must be crazy, use stupid bidding techniques and unlucky because you win all the time and just won a 52inch Plasma for 2 bucks. People WILL start believing you if you plant enough fake postitive experiences/reviews. JUST make sure to use different names each time you fake post. If you use same name over and over again telling everyone you win all the time, people will begin to catch on and realize it's just a fake post planted by the Penny Site operator/owner.
Anyone can do this... so easy to make money. MAKE sure that the server that hosts your scam auction is located outside of the USA so you can get around federal gambling regulated laws. If heat gets to much, then shut scam auction down and create a new one. Repeat process.
Happy scammin'!
I tried to post that on PAW(pennyauctionwatch[.]com) to warn good honest people BUT they wouldn't allow it to post.. I wonder why? ;)
So i'll just post away on websites such as this.
You use to could post on PAW right away but now they have a Moderator that must approve your post first.. I wonder why that is? ;)
I think we ALL know why that is :)
ABSOLUTELY TRUEEEE!
They do not send you the items! NEVER!
And i think this damned site is going to close or be closed, as you may see products are no longer bought by anyone, and the only things that are won by the usual famous names...are garbage with a few cents value..
STAY FAR AWAY FROM BIDSTER!
been able to deliver.
customer service is Tardy and takes on an average about 3 days to respond.
Also, they want to refund me $392 (what I paid) I won a $650 item - I can't see how they can get away with paying me only $392.
In the event that you have any issues with the product, I can tell you for a fact that these dudes will be terrible to deal with if you've any issues with the product.
Please find below my last email to them:
Wow - you guys have absolutely no sense of customer service. Are you based out of Ulan Bator?
Kindly refund my money and remove my name from the winners list. I see myself as a loser in this situation. Bidster is run by crooks and I've been hoodwinked. You've basically used the money that everyone spent on that bid, but can't pay me what I've really won...
I fervently hope you guys go bankrupt before too many more disasters.
FyI - my name is satishvijayan on the winner's list.
That's not even the worst thing... they don't even send the stuff you have won. I've won 2 items 2-3months ago and they still haven't come. Now they won't even answer in support to me. So it's a total scam site nowdays!