The site is a scam. Its a BETTING site not bidding site.

Total scam I lost about 200 pounds sterling I contacted them and asked could I close my account or even purchase something with tha balance and they point blank refused, it left me no choice than to keep bidding on things I didn't want or new I couldn't win, never ever again

Complete rip off, you have no way of knowing if they are playing fair. You may as well set fire to your money.

Total scam! Even if you are the last bidder on an item the timer is started again. Believe me I saw the zero three times only for it to start again seconds later!
People on here may be telling the truth when they say they bought stuff cheaply but if one or two people buy something and thousands lose money they will be raking the £ in.
It's a total SCAM.
KEEP YOUR MONEY and buy a lottery ticket with 57 million to 1 odds you stand more chance of winning!
Kev

It's a complete rip off. If you feel like throwing your money away in a very frustrating way, carry on. You'll never win!

Don't touch them with a barge pole from what I've read they are being taken to court!

Yes it is a scam - avoid

Complete scam. Leave well alone

I've won plenty of stuff on here, some at 1p 2p 4p £500 depending on what you bid on. But a lot of the stuff is more expensive here than on eBay, in less you win it at a good price. I found that the checking time has slowed down to give other people more time to bid, because of that I used 16,000 credits and didn't win a thing. So I have left the site. Don't start is my advice. Hope this is helpful to you.

Yes this is the place if u want to make ducks and drakes out of your money

SCAM!
That's putting it mildly.
Steer Clear

YES! Go spend ur cash on lottery or scratch cards at least u have a chance of winning... no chance on Madbid... irionically named eh?

Hi Vipin S.
I don't believe site is a scam. Read the rules of the site and only bid with what your willing to pay for item. I cannot comment on the UK site but the Australian site seems fine.
I only buy tokens when there is a 4 for 1 or 5 for 1 special on which makes them a lot cheaper. You have to watch the auction your bidding on checking auction details and bidders. Auction times nearly always drops down to 5s per bid before auction is won. And bidders come and go but you can see pattern if you watch closely. Remember that the cost of your tokens is part of what you bid for the item. Example I won a iwatch for my wife I paid $7.96 for a winning bid plus delivery $12.95 and total tokens wagered of $40.05
Which totaled out at $60.96 not too bad I think for a $590.00 watch.

Absolutely yes. Maybe someone along the line may make a purchase but don't waste your money trying.

Faz r probably works for the site

If something is too good to be true then it probably is. Yes, it is a new way of gambling and as you know gambling can be easily manipulated by organiser. At the end you will loose more than the win. If you have no regrets to loose then go for it.

No: I was not scammed.
Note, like everything it costs money... Buy your credits ($) bid with them ($) pay if you win, pay for the shipping.
Adding all up, I won few items and they costed me less...
WD 5 TB costed me $2.14, but costed me around $40 for credits and $12.40 shipping... Still way less then the item costs ($200)
That is it..

It's a reputable company with good customer service its not cheaper and you will end up paying more for things. Plus this is a gambling site.

Nope...!

I have won plenty of stuff on it.