ZAMBID.COM is a scam

eodtech · **on:** August 16, 2010, 05:24:42 PM

Looking on Craigslist I saw a PlayStation 3 for sale, sent an email and got this answer

hey,
Thanks for responding but I already sold it. You can probably pick one up at zambid.com where I got mine. In a couple weeks I'll have on up on ebay so you can keep an eye there too.

So I went to www.zambid.com to see what it was

Then I ran Zambid in google

www.zambid.com is a brilliant idea to make legitimate money off of the internet, but that's all it is, an idea. Zambid is a website that allows you to bid on items that seem as if they are being sold EXTREMELY cheap. I saw things such as nintendo wii's going for just over $34. The website could afford to do this because they charge people to bid. Each item starts out with a starting price of nothing. Each time you bid, the price of the item goes up $0.10. The catch is that each bid you make, costs a dollar, and adds 10 seconds to the timer of the auction. So the nintendo wii selling for $34.90 actually made them $349 dollars off of the bids spent on the item, plus the $34.90 you would have to pay them to have the item shipped. If that was all that went into the situation, the site would be a spectacular way to buy ridiculous cheap items, that could easily be resold to turn a profit. The problem is, I watched this site for hours upon end in the last week or two, and have seen various different signs that i felt showed it is nothing more than another scam.

Reading the replies it appears the response I received from my PS3 inquiry is a canned response.

http://slamthescam.blogspot.com/2010/03/zambid-first-scam-slammed.html

cncguy · **Reply #1 on:** August 16, 2010, 05:34:53 PM

I have no experience with zambid but there are plenty of pay-per-bid sites out there that are perfectly legit. You just have to watch how often you bid for an item, because you can quickly run up to its full value in bids. But there are some deals to be had if you know what your doing though.