Madbid Review

Madbid Review

Official Website – Madbid

Socially Connected With Facebook & Twitter

Founded – 2008

Madbid is probably one of the most well known penny auction sites out there. But, does that mean it’s the best? Continue reading this madbid review to discover the truth.

Firstly from the adverts… and there are MANY, it looks as if it’s too good to be true at first – a top of the range camera worth over £500 selling for just £64? Please. Whilst that is possible and I have saved that amount before on madbid, the chances are that you won’t get it for THAT cheap. But you can still save a ton of money on madbid and you will find out why just by reading this madbid review.

Before we begin it’s important to know that you shouldn’t  join madbid on the presumption that you are going to be saving over £400 on certain items because in reality and when it comes down to the auction… you will just be outbid. But that doesn’t just go for madbid of course, it goes for every penny auction site out there.

How does it work?

Madbid is a penny auction site and what that basically means is that it is sort of similar to ebay but very different if that makes sense.

In a nutshell – an item will be put up for sale and you choose if you want to place bids on it BUT and here comes the neat bit, on a penny auctions site there will be time limits for every item you see, if you are the winning bidder when the time runs out then you have won the item and you should receive in no longer than a week.

Madbid Scam

Is Madbid A Scam?

This question is what the majority of people want to know before joining madbid and one thing is for certain… Madbid is defiantly not a scam. I and people I know have won tons of items from madbid and we still continue to use it as im writing this right now. The truth is that many people see the advertisements that these penny auction sites use and madbid is as guilty as any for it and it really does seem too good to be true, you just have make sure you do a bit of research like reading this madbid review and being more careful on how you place your bids.

User-Friendly?

Absolutely yes, the majority of penny auction sites can be quite hard to navigate around but with madbid, everything is very simple and easy to use, nothing fancy and over the top – which in my opinion is perfect for a penny auction site. The way that madbid displays the auctions is superb and very clean, all the information you need on the auction is displayed very well so you know exactly what price it is and how much time is remaining – perfect.

Payment & Delivery

Madbid is one of the few penny auction sites that have good, fast, reliable delivery. Most of the times I’ve won auctions on madbid I get the item in no less than a week. I think the longest I had to wait was 15 days but that was for a 48″ Flatscreen television.

But without a doubt one of the best feature’s madbid has to offer is the rush delivery option. This basically means that your item has priority and will be send asap. However, there is a catch – you have to be a level 3 user. But it doesn’t take too long to acquire that status depending on how active you are on the site.

Madbid’s payment options are also very convenient as you have many different gateways to choose from such as paypal, credit/debit card lickandbuy, Ukas etc.

Summary

So in conclusion of this madbid review as far as penny auction site’s goes… one thing is for sure – Madbid is one of the good guys. Could you find better bargains on other penny auction sites? possibly. Would they be as safe and secure? probably not. If you’re looking to dive into penny auctions than madbid is a very good place to start, it’s safe, easy to use, and most importantly… you can get some absolute bargains!

Hope you enjoyed this madbid review, please share your thoughts by posting a comment below.

Category: Penny Auction Reviews