Telebid

[Random_23]

http://www.telebid.com

Does any1 use this and if so how safe is it and how exactly does it work... seems really dodgy =/

Wouldnt mind a PS3 at that price tho!

 

[paradigm]

If its too good to be true, it probably is.

 

[el_dazza]

http://www.telebid.com

Does any1 use this and if so how safe is it and how exactly does it work... seems really dodgy =/

It costs 50p per bid, and every time someone bids, the price goes up by 7p.

Say 1,000 people bid for it, it sells for £70, and they make £500 off people trying to get a PS3.

Also, if someone bids in the last 15 seconds, the timer is reset to 15 seconds, goes on for ages.