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Ban Madbid.Com Advertising Rights

Submitted on Monday 22nd August 2011

Published on Tuesday 23rd August 2011

Current status: Closed

Closed: Thursday 23rd August 2012

Signatures: 14

Tagged with

Money

Petition Action

Ban Madbid.Com Advertising Rights

Additional Information

Madbid.com falsely advertises by conning users into thinking they can win an item for just £10. Firstly to bid the user has to buy tokens and spend around £50 - £100 on the item to win the bid. Most users lose a lot of money and leave empty handed, this site should be registered as a gambling site and not an auction. Madbid earn around 300% of the price the item would have cost to buy, an example is tokens cost on average 10p to bid for iPhone 4 16 GB prices at £499 its 6 tokens a bid there were 5,142 bids and they giving them £3,702 for an item worth ony £499. Make a stand stop people being conned into losing money.


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