if the last bid costs as much as the first bid, why would anyone bid early?
are there many bids in the last minute?
I'm an old guy and learned a few things in my life. "If it sounds too good to be true it probably is" (actually should be it really is). Second thing is "There's one born every minute". When I first heard of Quibids, I thought - no one is going to put any item worth $1,000 on a site that sells it for $75 unless it is a scam and they receive $1000 some way. After I looked it over it looks more like a raffle where they are "giving away" a $1000 item after selling $5000 worth of tickets. Yeah the "winner" did not pay much for the item, but the rest of the 4,999 people paid a buck apiece for nothing. (The lottery has better odds).