Wellbid. Co. Uk — Fraudsters!!!
Recently while browsing i stumbled across a new penny auction site called Wellbid.com. I say new, but they have been operating for a few years and with increasing popularity they are now compatible with most European countries.
I have played many penny auctions before and have a good idea how they work so i decided to give Wellbid a try.
First impressions. A very neat, professional looking site with full explanations and information needed to get you started.
The Auctions . Lots and lots of prizes and a great variation too from expensive high end items to toys and gift cards.
My experience. I made a deposit of €15 and received a first time bonus of 600 bids (normally €20 for 500)
I decided to target some lower price auctions so i bid on a €15 Amazon gift card +200 free bids. I used the autobid and result, i won the auction using about 150 bids. I also went on to win 2 more gift cards worth €15 each so for a first time member on Wellbid i did great. Naturally i lost a couple of more auctions i bid in, but for a €15 stake i was thrilled.
Auction wins. Now here is where Wellbid have a great advantage over other penny auctions. You have the choice to receive your item, exchange it for bids or accept a proposed cash value ( about 80%) paid to your pay pal account.
There is a verification process when you first win so you must submit id proof and proof of address.
I am from Ireland so i also received a phone call for verification, but the lady from support was extremely helpful and once verified i had my money paid to my pay pal within 20 minutes.
Overall i would highly recommend Wellbid.com penny auctions and hopefully they will go from strength to strength..