hey guys
I wonder if anyone here has bid and received anything from this site?
http://www.swoopo.co.uk/
kev
I wonder if anyone here has bid and received anything from this site?
http://www.swoopo.co.uk/
kev
is swoopo.co.uk legit website?
Miscellaneous Forums/General Discussion/is swoopo.co.uk legit website? It's a lottery auction.
http://technologizer.com/2008/09/17/is-swoopo-nothing-more-than-a-well-designed-gimmick/
http://technologizer.com/2008/09/17/is-swoopo-nothing-more-than-a-well-designed-gimmick/
Interesting legal scam which only the brain dead would fall for. And they've fallen for it to the tune of 11 million euros profit for swoopo.
Each bid costs just 40 pence, and are available in "BidPacks" of 25, 50, 100, 250 and 500 bids.
40p just to place a bid, and you're not guaranteed to get the item... So you place 20 bids on an item and get nothing but an £8 loss.
20 people placing 20 bids = £160 before the item has actually been paid for...
If I went to a prominant well packed area of London where lots of people walk the streets shopping, set up a stall with a small banner and had one box, and charged £2 to allow one person to look in the box, I wouldn't tell them whats in the box, there could be nothing; How many would pay for the priviliage?
Could I pay my rent for the month after a week of trading nothing and only using a box with a £2 fee to be able to look inside it?
I think it would work.
Could I pay my rent for the month after a week of trading nothing and only using a box with a £2 fee to be able to look inside it?
I think it would work.
This is brilliant...
Definitely brilliant for the people running the site and making the money.
Once a person has made quite a few bids, they have a vested interest in winning. Which will make them willing to bid even more. I am sure that is why it leads to people paying more than retail for some of the items.
Once a person has made quite a few bids, they have a vested interest in winning. Which will make them willing to bid even more. I am sure that is why it leads to people paying more than retail for some of the items.
If I went to a prominant well packed area of London where lots of people walk the streets shopping, set up a stall with a small banner and had one box, and charged �2 to allow one person to look in the box, I wouldn't tell them whats in the box, there could be nothing; How many would pay for the priviliage?
Could I pay my rent for the month after a week of trading nothing and only using a box with a �2 fee to be able to look inside it?
I think it would work.
Could I pay my rent for the month after a week of trading nothing and only using a box with a �2 fee to be able to look inside it?
I think it would work.
You might want to bring a bodyguard along. :)
It's called sniping. Learn it.
Sniping an auction?
Trying to snipe is what the guys at this site want you to do. That is the whole point. They add time to the auction when a bid is made, just to make sniping cost you money by giving the other guy time to bid again anyway.
Trying to snipe is what the guys at this site want you to do. That is the whole point. They add time to the auction when a bid is made, just to make sniping cost you money by giving the other guy time to bid again anyway.
cheers guys im staying clear of this type of auction
kev
kev
I recently heard about another Finnish "pay-to-bid" website with a slightly different scheme. You pay the website money to place a bid and whoever places the LOWEST bid *that no other bidder has placed* wins the auction.
So for example, I could bid 78p on a PS3 and so long as no one else bids that amount (it doesn't tell you what the current lowest bid is) and there is no single bid lower than that, I win the PS3.
Of course, it goes by the idea that people are all frantically bidding on whatever amount they can think of in order to find the one low amount that no one else would think of. So again it's very much like gambling in the same way this site is, but it's not legally classified as gambling because of the way it is set up. Just that whoever doesn't win the item ends up spending a LOT of money with no reward.
Very devious eh?
So for example, I could bid 78p on a PS3 and so long as no one else bids that amount (it doesn't tell you what the current lowest bid is) and there is no single bid lower than that, I win the PS3.
Of course, it goes by the idea that people are all frantically bidding on whatever amount they can think of in order to find the one low amount that no one else would think of. So again it's very much like gambling in the same way this site is, but it's not legally classified as gambling because of the way it is set up. Just that whoever doesn't win the item ends up spending a LOT of money with no reward.
Very devious eh?