bidibot?

[bhoywonder]

Just been checking this out....its a penny poker auction site...n I've never used one before...I'm certainly not promoting it....its a lil confusing...anyone have experience of it?....and pros and cons?....thanks

[AndrewT]

We had someone spamming it on here a few months back.

[bhoywonder]

We had someone spamming it on here a few months back.

...hmmm...usually indicates scam....I'm optimistic it isn't?....john tabbatai is the site CEO apparently...

[bhoywonder]

Now it sounds like I am promoting it...but I just won $15 of credit on betfair for $1.01...I need to wait 2 days...too good to be true?...we,ll find out soon I guess..

[NoflopsHomer]

I think Josh Gould and John Tababababababababatabai are involved with it.

[suzanne]

Now it sounds like I am promoting it...but I just won $15 of credit on betfair for $1.01...I need to wait 2 days...too good to be true?...we,ll find out soon I guess..

I did the same, 10 free bids so used them all on a $15 credit for Betfair and got it a couple of days later

[suzanne]

I actually used 9 bids and got it for $1.20 or there abouts so if i had been using my own money the $15 token would have cost $10.20 BUT there was a guy trying to outbid me who put in 8 bids so realistically they sold a $15 token for $18.20. Unless the other guy was also using free bids :/

[bhoywonder]

Argghhhh..it adds 30 seconds on the timer...when u r the last bidder...some doofus keeps beating me...lol

[suzanne]

LOL

I watched it for a couple of days and a lot of the smaller amounts go with 1 bid, especially the less well known sites

[bhoywonder]

Yup suzanne...getting the gist of it...I'm on free bids..only 2 left....16 bids on a $22k pstars ticket so far...I let it go...so potentially $16 saving $6...albeit mines were free...not sure about this...

[suzanne]

My thoughts were that whoever is running the site must be making a profit and if they are then someone is out of pocket.

[bhoywonder]

My thoughts were that whoever is running the site must be making a profit and if they are then someone is out of pocket.

...I'm coming to this conclusion too sadly...I can't imagine buying bids..too many doubts...I,ll just take my $13.99 betfair profit n turn it into mad moneyz...lol

[BidibotCEO]

Hi guys,

I am John Tabatabai, the CEO of bidibot.com. As you have correctly stated, we are the worlds first penny auction site catering for the online gaming industry. We offer a wide variety of credits on specific sites and in the near future will be offering much greater prizes on a daily basis.

Penny auctions are auction sites where you pay every time you place a bid, unlike ebay where you only pay if you win the item. On Bidibot, every time a bid is placed, you are debited 1 bid from your account, 30 seconds is added to the clock to allow other users to place a bid if they are interested in the product and your name is updated on the higher bidder area of the box. When the clock hits 0, the last person who placed a bid wins. To claim your prize you must pay the final selling price, i.e. $1.18.

All new customers receive $10 worth of free bids to try the site. Beyond that, you can purchase bids varying from $10 up to $1,000. Bids cost a maximum of $1 each, in most standardised scenarios they cost around 75c.

I have had to reiterate this point several times on other forums, so will make it clear here too, we do not use any house bidders, shills, bots or reserves. That is why you see so many auctions ending for simply 1 bid. Every now and again, some auctions go mad! Currently the majority of the auctions run at huge losses for us as we are such a new company. We are hoping these great deals create some buzz and hype around our unique business model. This weekend, Mark 'marky147' Herron played the GUKPT main event in Blackpool, £1070 event and won his seat on Bidibot for $3.18. He personally only spent around $50 I believe. He can attest to this himself. There are certainly bargains to be had on Bidibot, whilst there are clear times users should be aware when there is fierce ego wars or competition over certain products.

Prizes are usually credited to the winners account within 24 hours, apart from the weekends where it is usually credited within 48 hours.

If hope this goes some way to answers your questions. Please let me know if there is anything else I can answer.

John Tabatabai

[PocketQuadsSuited]

My thoughts were that whoever is running the site must be making a profit and if they are then someone is out of pocket.

Can you explain further what you mean?

Not sure what you are meaning or how this is meant to come across

[PocketQuadsSuited]

Hi guys,

I am John Tabatabai, the CEO of bidibot.com. As you have correctly stated, we are the worlds first penny auction site catering for the online gaming industry. We offer a wide variety of credits on specific sites and in the near future will be offering much greater prizes on a daily basis.

Penny auctions are auction sites where you pay every time you place a bid, unlike ebay where you only pay if you win the item. On Bidibot, every time a bid is placed, you are debited 1 bid from your account, 30 seconds is added to the clock to allow other users to place a bid if they are interested in the product and your name is updated on the higher bidder area of the box. When the clock hits 0, the last person who placed a bid wins. To claim your prize you must pay the final selling price, i.e. $1.18.

All new customers receive $10 worth of free bids to try the site. Beyond that, you can purchase bids varying from $10 up to $1,000. Bids cost a maximum of $1 each, in most standardised scenarios they cost around 75c.

I have had to reiterate this point several times on other forums, so will make it clear here too, we do not use any house bidders, shills, bots or reserves. That is why you see so many auctions ending for simply 1 bid. Every now and again, some auctions go mad! Currently the majority of the auctions run at huge losses for us as we are such a new company. We are hoping these great deals create some buzz and hype around our unique business model. This weekend, Mark 'marky147' Herron played the GUKPT main event in Blackpool, £1070 event and won his seat on Bidibot for $3.18. He personally only spent around $50 I believe. He can attest to this himself. There are certainly bargains to be had on Bidibot, whilst there are clear times users should be aware when there is fierce ego wars or competition over certain products.

Prizes are usually credited to the winners account within 24 hours, apart from the weekends where it is usually credited within 48 hours.

If hope this goes some way to answers your questions. Please let me know if there is anything else I can answer.

John Tabatabai

Good luck to you with this venture!

It's an interesting buisness model.