laterob
Not THAT Bad of a guy...
Yup. The butter pastel went for $26.27, at whatever the bid price is per penny. If it's $0.50, on average, then the site collected $1313.50 for that snake. The winner has to pay $26.27 cash, + $30 shipping, plus how ever many bids they placed.
At a place like Beezid, there are multiple auctions going at once. At Ballbids, there is only one. I think it's gonna be a bloodbath, but I don't think they'll be able to maintain it this way for long. Like I said before, it's a bit of a pyramid scheme in that they need a bunch of people who bid a lot (lose a bunch of money). For the winning bid mentioned above, there were 2,626 OTHER bids, each which cost real money.
All but the most hardened gamblers will give up after a while, I imagine, unless Ballbids can offer more. So far, on the 5 snakes they've actually sold (err....4), they've made great $.
At a place like Beezid, there are multiple auctions going at once. At Ballbids, there is only one. I think it's gonna be a bloodbath, but I don't think they'll be able to maintain it this way for long. Like I said before, it's a bit of a pyramid scheme in that they need a bunch of people who bid a lot (lose a bunch of money). For the winning bid mentioned above, there were 2,626 OTHER bids, each which cost real money.
All but the most hardened gamblers will give up after a while, I imagine, unless Ballbids can offer more. So far, on the 5 snakes they've actually sold (err....4), they've made great $.