Quote Originally Posted by Andrew00 View Post
Those penny bids are a scam. One person get a good deal, and everyone else loses a little money. In the end the seller gets way overpaid. I saw some consumer report about them, and basically they would end up taking in something like $3000 for a $499 iPad.
I've also heard of penny bid sites having bots that bid and win the bids so that they can keep the item and repost it. They make their money off the bids you buy. Not saying this site is like that because I don't know.