Swoopo... scam or what?

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robm
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Swoopo... scam or what?

Post by robm » Tue Mar 03, 2009 10:22 pm

Ok.

I keep seeing these ads for Swoopo. I've checked them out, seen their ended auctions, and it *appears* to be legit. There seem to be a few quesitonable practices, but all in all, seems like some good deals can be had.

Has anyone had any experience with them?

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Re: Swoopo... scam or what?

Post by nevermind1534 » Tue Mar 03, 2009 10:28 pm

You pay for every "bid" and it is called "entertainment shopping" and each bid extends the amount of time left on the "auction"

It's pretty much a legal form of online gambling.
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Re: Swoopo... scam or what?

Post by samjc3 » Tue Mar 03, 2009 10:39 pm

swoopo is legit, however its nearly impossible to win any thing there. the reason they can afford to sell things so cheap, is that each bid costs 1 dollar. each bid placed raises the timer 15 seconds and raises the price $0.15, so when they sell an ipod for fifty bucks, they have made at least 300$, minus the cost of the ipod, which, wholesale is about 75$ to 100$ per unit. also, if the time runs out and you dont win, you lose all the bids you placed on the auction. by the odds, i would say slot machines have a better chance of payout. ipod touch for 28.50 my arse!
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Re: Swoopo... scam or what?

Post by grossaffe » Tue Mar 03, 2009 11:41 pm

yeah, its legit, but its a lot more like gambling than it is like auctioning.

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Re: Swoopo... scam or what?

Post by wallydawg » Wed Mar 04, 2009 1:38 am

Looks like we get ads with dangerously low prices or incredibly high prices. swoopo $33 for xbox 360; shopping.com $700 for cart only Super Mario Bros NES.

I'd be nice to get one right in the middle with average prices haha
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robm
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Re: Swoopo... scam or what?

Post by robm » Wed Mar 04, 2009 6:08 pm

Ok, thanks guys - I'll save my money :P

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Re: Swoopo... scam or what?

Post by Gump-in-space » Wed Mar 04, 2009 9:35 pm

I got freaking spyware from that site. Then I just ended up with more and more spyware until I had to reformat. Curse you Internet Explorer!



...and I still use Internet Explorer.
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