Cheap Online Auction Site

  griffon56 15:59 08 Sep 2011

The other night I chanced to come across on a Curry's or Amazon page, can't remember which, but the page was legit. I went to and had a look at what was going on. It seemed that a 15 second bid period was in use with new, boxed guaranteed LED/LCD TV's etc., going for sums like £49 and plasmas for £150. All supposed to be overstock, firesale or bankruptcy stock. There were brand new, apparently, Kindles going for £18.

Is this site too good to be true, as it looks, or is it bonafide and worth a dabble. Anybody any advice?

  interzone55 16:21 08 Sep 2011

These sites make their money by charging users each time they make a bid. The US site I've just checked charges 60c per bid.

Assuming they're selling a Kindle and 200 bid they've collected the $120 a Kindle normally costs, plus whatever they make from the eventual sale.

Yes they're legit, and you do get genuine bargains if you win, but far more people lose than win - just like going to the Bingo

  griffon56 22:38 08 Sep 2011

Thank you alan14, I suspected there was a catch in it. Your answer also explains why, when the Dealfun page opens it's on the Register part of the page, desperate to get you signed in. I suppose it's a matter of luck as to whether you cast the winning bid with a whole lot of wasted bids in between.

This thread is now locked and can not be replied to.

Elsewhere on IDG sites

Fujitsu Lifebook P727 laptop review

Best of the Grad Shows 2017: University of the West of England (UWE)

Best value Mac: Which is the best £1249 Mac to buy

Les meilleures GoPro 2017