Jess D. Facts

Jess D. Facts
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Crawfish Town, Louisiana, United States
Birthday
May 14

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NOVEMBER 12, 2009 9:40AM

Beezid: the claw machine of the Internet

Rate: 3 Flag

In years gone by, my husband has been the biggest football fan.  It didn’t matter what team was playing, if there was a game on he was going to watch it.  He doesn’t support one team in particular, just football in general.  He would try to get me to bet little bets on the game, nothing monetary but house chores, about who was going to win.  Oddly, this year he hasn’t watched a single game and yesterday I found out why.

 It seems that there’s this website out there called beezid.com.  It’s an online penny auction that is much different from EBay.  Maybe this site has been around for a while, I don’t know, but I saw it for the first time yesterday.  I was puttering around the house and my husband was just sitting on the couch with the laptop oohing and aahing over what was on the screen.  He’s done this before with classic cars so I figured that’s what he was looking at.  But if he’s looking at cars he’ll only spend an hour perusing the Internet before he either gets bored with it or depressed at the prices of the cars.  After his usual hour was over, I had to see what he was looking at.  This auction site is shown in real time where you can see people bidding on various items from PS3s to Victoria’s Secret gift cards.  You can buy these items for well below the normal price.  When I looked at it, the PS3 was going for about five bucks with only twenty-three minutes left in the auction.  But that’s where the kicker is.  Every time someone bids on something the time resets by a specified time depending on what the item is.  The times that I saw for the items to be reset by varied from twenty seconds (for a beezid.com bidding package) to a minute and a half for bigger ticket items.  Another thing that bothered me about that site was that it costs money for each time you place a penny bid.  Even though the product price is only going up by a penny, you’re actually spending a buck for each bid.

 Last night, the laptop came to bed with my husband.  He was watching the bids for different things trying to learn how the site actually worked thinking we could do some major Christmas shopping there.  I’m still skeptical.  I found myself watching this site with him and rooting for certain usernames to win different products.  There was a Chevron gas card worth $150 going for five bucks.  Two different people were going head to head trying to win this thing.  I started pulling for the more feminine sounding username.  When my husband saw this, he put a wager of cleaning under the refrigerator on it and started pulling for the more masculine sounding name.  Guess what I’m doing later today.

 I really don’t know if I ever want to shop on this site though because it seems like this beezid.com is the claw machine of the Internet.  You know how claw machines are set up in places to draw kids in and have them spend their parents’ hard earned money to try to win an ugly Sponge Bob stuffed animal.  I think those things are just there to get kids to learn how to gamble when they get older.  Claw machines are like kiddie slots machines.  I think this is how beezid.com is.  It pulls people in and gets them to really want an item.  They might get so caught up in the penny bidding process that they forget that with each click they’re spending a dollar, not a penny.  I had to point this fact out to my husband.  This isn’t something that I found broadcast openly on the site.  I’m sure it’s somewhere in the terms of agreement if you register for the site, but it’s not right there saying “Okay, bamboo42 just bid a penny but really she just spent her life savings trying to buy a forty-seven dollar Blackberry.”

 I have to end this now.  My husband is clamoring for the laptop.  It seems that there’s a reverse auction he wants to watch today.  The reverse auctions have a bigger price but every time someone clicks to see what the going price of the item is, it lowers the price by a certain amount.  He’s looking at his phone right now telling me what the auctions we watched last night ended at.  I keep having to remind him that you’re not just bidding a penny but a dollar along with it.  Oh, if only I were an auction.  Then he would listen.

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Comments

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"Going once, going twice, three times....sold to the man whose wife is running out the back door with his wallet."
R
gambling is a real problem in our culture. I would argue that its a perverse form of capitalism in its extremes.
and the ultilmate claw game for adults would be a ponzi scheme. ala bernie madoff.
excellent observations.
I never heard of this site. Do you think people even get the items they've won? It does sound addictive, though.
I won my first auction yesterday and am eagerly waiting to get it in the mail. I called their customer service to ask a couple of questions and they were super nice and answered my inquiries as I had hoped/expected. I was back on beezid.com today and I saw they posted this new winners page on their site: http://www.beezid.com/winners. I think its a matter of setting a budget for yourself and not going over it, and also only bidding on the items you really want. I think it's pretty cool!
Wow, AnnM is clearly a shill for the company. Beezid is a scam, just google Beezid Scam and find out for yourself.
http://lasersurplusparts.com/blog/?p=122
Your summaries are always top-notch. Thanks for keeping us apprised. I’m reading every word here. penny auctions
Although you bring up a good point about beezid being a scam, there is no reason to hate on spongebob and I think it's too dramatic to say that kids spend their parent's "hard earned" money on useless things. As a parent of four, I believe it's important to give your children whatever they want (being appropriate of course) and to me, money isn't a problem. My job is quite easy and I enjoy what I do, therefore I don't think it is hard earned. But sticking with the whole "beezid" thing, thanks for warning us on this scam.
Thanks for the balanced review.

Excellent bargains can and have been won on Penny Auction sites, (e.g. http://www.quick2bid.com/auction_winners.php) but you've got to be careful as there's lots of places out there that are either too hard to win at or worse still, will take your money and fail to deliver.


Here are some useful tips before you commit any money:


Don't jump straight in!

Research the site and have a go with any free credit offered.

Only use sites that make their rules, full contact details (not just an email address), auction histories and feedback, fully public. Fairly standard practice for purchasing any site.

Check out the review sites and forum - the people there are very friendly and will certainly be willing to help if you are unsure.


Hope that helps


Viraj
Quick2Bid Penny Auction Site
I would like to thank you for some info you showed here. It is interesting to read and know something from your story.
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Donna, what is that supposed to mean? Sounds like this poor girl is just trying to help us all realize what a scam Beezid is, I was about to go on this site and check it out to possibly bid on something for my daughter for Christmas, and without reading this I would have gone on this site and joined in on this gambling scam. Thank you for sharing your information Jess, and Donna you just hush.
@dawnmechelle
It was an observation of the events (and a very funny one). The husband is too clueless to recognise an obvious scam site that he continues to keep tabs on it even AFTER being informed/reminded of it's shady business practice...namely, builking it's bidders out of hundreds or perhaps thousands of dollars each - all the while deluding them into thinking that they are getting a bargin. So the punchline is that the wife has to disappear with the wallet before he can get to it.

Jokes aren't so funny when they have to be explained, tho :(
this is a scam, a item selling for retail 500 goes around 5 to 10 percent of its value, but get over 2000 bids each dollar = 100 bids each bid costs average .70cents so 2000 bids = $1,400+ and its nearly impossible to win a bid, because the theory behind why is, the site has bots or people on the other site making bids to juice a item up. they make there money on making people bid, they dont care how much the item gets sold for because they make more on each 70 cent big. in other words its like playing the lottery you might get lucky and win, but for the most part your bidding with just other bidders but with website as well