Cigar Asylum Cigar Forum - View Single Post - CigarSniper Beta is open to all this weekend

themoneycollector · 10-21-2011, 04:06 PM

I don't see there being any "deals"

There was a box of VSG's that I wasted all 250 bids on. Of course it's a beta so everyone was just clicking, but I started to think about it.

When I finished my 250 bids, it was at $13.xx.

At 60cents per bid, FSS has made 1300*.06 = $780 in bids + what the box actually sells for. As a non-winning bidder, I spent 250*.6 = $150 to not get anything.

In the end, there's 1 happy person and tons and tons of unhappy people. In this case there's over 1299 unhappy people.

Morally, these penny auctions should be illegal. I feel sorry for the CS reps who are going to be getting complaints after spending bits here and there and never having anything to show for it.

10-21-2011, 04:06 PM	#8
themoneycollector Nicotiana Tabacum Join Date: Oct 2008 Location: Hill AFB, UT Posts: 1,258 Trading: (108)	Re: CigarSniper Beta is open to all this weekend I don't see there being any "deals" There was a box of VSG's that I wasted all 250 bids on. Of course it's a beta so everyone was just clicking, but I started to think about it. When I finished my 250 bids, it was at $13.xx. At 60cents per bid, FSS has made 1300.06 = $780 in bids + what the box actually sells for. As a non-winning bidder, I spent 250.6 = $150 to not get anything. In the end, there's 1 happy person and tons and tons of unhappy people. In this case there's over 1299 unhappy people. Morally, these penny auctions should be illegal. I feel sorry for the CS reps who are going to be getting complaints after spending bits here and there and never having anything to show for it.