Help
  • All Products
  • Electronics
  • Home & Garden
  • Jewelry & Fashion
  • Sports & Recreation
  • Specialty Shops
  • Gift Cards
  • Holiday Savings
  • All Auctions
  • Help

QuiBids 101

5 Commandments to Winning

So you’re questing after the Holy Grail... the secret to winning all auctions that’ll stockpile your house with HDTVs in every bedroom, laptops hinging on desks that spring out in front of every toilet, and gift cards for everyone who comes over. 

That might be a stretch, but admit it — your expectation once reached this high. We hate to throw a bucket of cold water on your dreamy-dream, but we feel obligated to: It’s fiction. It’s not real. There’s no set-in-stone rules that’ll deliver untold consumer goods to your doorstep seven days a week.

HOWEVER, there are a few commandments we suggest you follow when entering an auction. A little strategy and savvy goes a long way to sharpening your bidding skills. They go like this:

Know thy Self. This one’s not about self-searching or uncovering your hidden potential or discovering your inner chi. You must know that winning higher-value items will require a great deal of skill, patience and bids. Longer auctions require more of all three of these things, especially patience. It helps to think of an auction like a long-distance race. If you haven’t been training, then you’re walking up to the starting line at a severe disadvantage to other runners with more experience who are much better conditioned.

Knowing which auction you are most likely to win is valuable knowledge on our site.

Know thy Limits.  Nobody likes to hear the word ‘budgeting’. But everybody loves saving money. We’ll do our best to help prevent you from exceeding the retail price of the item by sending you warnings. However, you must exercise your best judgment and willingness to use the ‘Buy Now’ feature if those bids start adding up. Stay within your limits!

Know thy Competition.  You've probably heard this before, possibly from other tip forums. Unfortunately, it's true: There are some bidders who refuse to let up, even if that means paying twice the retail price on an item. 

For those people...Well, we’re sorry to see them waste those bids and money. The rest of you need to learn to recognize such users and avoid participating in the same auctions. It’s also usually wise to stay away from auctions with a large number of users participating.

Thou shall not be Cheap. While users regularly hit big with absurd deals on QuiBids, it’s a good rule of thumb to be willing to part with at least a 1/3 of the item's retail cost. We find that users willing to spend this much in bids are far more statistically likely to claim victory in any given auction. You gotta give a little to get a lot.   

Know thy ways to get the hookup. By hookup, we mean FREE bids! Remember that with every friend you refer, you earn 25 FREE bids. So, refer away! Please make sure before they sign up that they’re familiar with what an entertainment retail auction site is and have read through our QuiBids 101 section, as well as our Terms & Conditions

We would love for your friends and family to join in on the fun! We do want everybody to spend time familiarizing themselves with the site, so as to avoid 'The 3 Biggest Mistakes Beginners Make.' They're bound to lose if they don’t take the time to understand QuiBids, and that’s no fun for anybody. So please, inform them first! After that, refer away!

A recap - Think things through, know yourself and what you'll commit to. Set a goal (or goals) when you start and don't stray from it (or them). Know when to stop bidding in an auction and mind the ‘Buy Now’ feature. Know your competition and mind the number of bidders in a particular auction. Then use this knowledge when deciding whether to continue bidding or not.

And lastly: Refer your friends and let them in on all this sweet penny auction action! The more the merrier!

Similar Posts:

Comments (21)

1

scionxdfun08 Says:

Wednesday February 24, 2010

I am trying to find the purchasing restrictions. I found if you win 12 items in a period of time you have to wait 28 days to win again. Not sure what that period of time is, actually. Isn't there something about if you win a high dollar item, where the value of it is over, say $250, you have to wait then too? What if you had won a couple cheap items, then are in for a big win, are the previous win amount added to what you may be bidding on, and prevent you from winning because you will be over the limit on your bids for that period? Am I making this more confusing than it is?

katiehern@QuiBids Says:

I think I understand what you're saying.They do not all add up to the price limit.So you can win 12 $50 items within a 28 period. Or one item for the higher price ($285), plus 11 other small auctions under that limit all in a 28 day period.

2

Painter824 Says:

Sunday April 11, 2010

If after I bid on an item and someone beats that, do I lose my bids

lstuckemeyer@QuiBids Says:

That is correct, unless you utilize the 'Buy Now' feature.

3

drfeagin Says:

Wednesday November 10, 2010

On average, how long does it take to receive items won in an auction? Is there a tracking number for shipping?

katiehern@QuiBids Says:

Once your item is shipped you will receive a shipment email. Once you receive the shipment email it takes about 7-10 business days for your item to reach your home.If you have an item that has a tracking number that information will be provided to you via email.

4

beckinc Says:

Saturday May 14, 2011

When I register do I automatically have to buy a certain number of bids?

lstuckemeyer@QuiBids Says:

All new users are required to purchase the "Starter Bids Pacakage" initially. After that, other options (smaller and larger) become available in the "Buy Bids" section of your account.

5

blessing75 Says:

Friday May 20, 2011

What does it mean when there is an item plus say, 25 bids? Does that mean if you win, you receive the item plus 25 bids?

katiehern@QuiBids Says:

Yes, if you ever see an auction that has an item plus a certain amount of bids then that means you will receive that item plus that number of bids.

6

erniet43 Says:

Sunday June 19, 2011

How do I use "Bid-O-Matic?

katiehern@QuiBids Says:

In order to activate your Bid-O-Matic (BOM), you must put a start time and you must also enter in the number of bids you would like to enter into the BOM. For example, lets say you are participating in an auction and the auction price is currently at $1.00. Lets say that you want your BOM to go off when the auction price reaches $1.05, you would then enter $1.05 in the box that is labeled "Bid From". The maximum number of bids that you can enter in the BOM is 25, and the minimum number of bids that you can enter in is 3. In the box labeled " # Of Bids" you would enter in a number from 3-25 bids in this box. Please note, that the number of times you can reactive your BOM is limited to protect server load.

7

MrYumYums16 Says:

Wednesday June 29, 2011

How long do I have until my bids expire?

katiehern@QuiBids Says:

You can access this information by logging into your account and looking under the link " Bid Credit History." This link will take you to a page that will give you all the information you will need about your bids. This pages contains the number, type, and expiration dates of all your bids.

8

Sevenhills7 Says:

Friday August 5, 2011

If each bid is equal to $.60 how do you win something for a $.01

katiehern@QuiBids Says:

All of our bids have a $.60 value. However, whenever you place a bid on an auction the auction price goes up only $.01.For example, if you were to place one bid in an auction and win you would only have to pay $.01 for that item.

9

cathynastars Says:

Wednesday August 17, 2011

I would like to refer some friends, how do I do this??

katiehern@QuiBids Says:

All you would need to do is send your friend the referral link. You can access this link in your account on the lower left hand side of your My QuiBids page.

10

sonjalor Says:

Wednesday September 7, 2011

Some bidders are typed "single" while others are "Bid-O-Matic", what is the difference between the two types of bidders? Does one bitter pay a higher price? Is one bidder a guarantee winner if she/he wins an item?

eklyons@QuiBids Says:

Whenever it says "single" or "BOM" it is indicating the way the bidder is placing their bids. "Single" means that the bidder is manually placing bids one at a time at their discretion. When it states "BOM" it means that the user has set up the BOM feature to place bids for them.

11

Binabob Says:

Wednesday September 14, 2011

How do I search for what I am interested in?

katiehern@QuiBids Says:

If you would like to refine your search on our website you can click on the drop down box that is labeled " QuiBids Live Auctions." This box is located on the dark grey bar at the top of the page. Once you click on this box it will display all of our auctions in categories. Once you click on the category of your choice pages of auctions will appear pertaining to that category.

12

lilleyr1 Says:

Saturday October 15, 2011

It looks like all the bids go up by $0.01 , is this true or do some bids go up by larger amounts? I can see how QuiBids makes their money if this is the case!

katiehern@QuiBids Says:

No, every auction price only goes up by one cent.

13

TRYING11 Says:

Saturday October 15, 2011

Can you choose to use real bids or voucher bids?

lstuckemeyer@QuiBids Says:

Yes, we have that option available to you in the "Bid Credit History" section.

14

Mc789789 Says:

Sunday October 23, 2011

when does an auction end what determines the last bid?

katiehern@QuiBids Says:

An auction ends when the timer reaches zero. The last person to place a bid when the timer reaches zero is the winner of that auction.

15

phiphamxuan Says:

Sunday October 30, 2011

I have lost an auction. There is an automatic email said that "You spent a total of $15.00, and you can apply it to Buy Now!" This means my bank account has been deducted $15.00 right?

katiehern@QuiBids Says:

That email was explaining that you have spent $15 worth of bids into that auction. So that money was taken out of you bid account. The email was offering you the Buy Now for that item and we would deduct the monetary value of bids you placed into that auction (in this case $15) from the retail value of the item.

16

norkasimalta Says:

Sunday October 30, 2011

can i bid from the England?

katiehern@QuiBids Says:

Yes! QuiBids is now in the UK!

17

Jeanie4123 Says:

Sunday February 26, 2012

What is the meaning of the green and orange symbols next to an item?

eklyons@QuiBids Says:

The symbols indicate a Hybrid auction. The symbol will either read '1xGP' or '+20 bids'. The 1xGP means that if you win that auction you get a game added to your account! The '+20 bids' means that when you win the auction you also get that amount of bids credited to your account.

18

Lomccabe Says:

Saturday April 28, 2012

I was noticing that when people are bidding on a certain item there is a flash that says 1 bid +3 or 2 bids +5. I thought every time someone bid it was 1 bid and added 20 seconds to the clock. What am I misunderstanding? Oh, and what happens to the extra bids left on Bid-o-Matic once the auction has ended?

eklyons@QuiBids Says:

Each time a bid is placed time will be added to the clock. Lets say the auction time is at 17 seconds when a bid is placed, instead of adding 20 additional seconds to the current 17 seconds, only 3 seconds will be added so that the time will equal 20. You are seeing that 17(+3) = 20.

19

nikkys Says:

Wednesday July 25, 2012

if i loose a bid and i want to use the buy now option, how long do i have to do that and am i only limited to items/products i placed bid on?

eklyons@QuiBids Says:

You can use the 'Buy Now' option at anytime during an auction and for two hours after the auction has ended. The 'Buy Now' option is only available to you on auctions where you have placed at least one bid.

20

jmarvelous Says:

Monday July 30, 2012

Is there a way to look back at completed auctions and see a trend of how much an item sells for? without putting those items on your watchlist?

eklyons@QuiBids Says:

Directly on the auction page, towards the bottom of the screen, there is a tab titled, "Statistics." The Statistics tab will provide valuable information for ended auctions similar to the one you are viewing.

21

lasu1 Says:

Monday December 3, 2012

Why do I see three or or items on the screen, like 3 cameras, and the bid price is identical and the no. of bidders is identical. Would I be bidding on 3 cameras at one time?

eklyons@QuiBids Says:

QuiBids offers You Choose It Auctions. There are now multiple items available for each auction ID. Just like our old auction model, you’re still just bidding on one auction, one product. But now that one product is left up to you! You can scroll through the items available and select which item you would like to bid on. When you win the auction, you will have the chance to select any of the items available. Here is a link to a blog that explains You Choose It auctions in more detail: http://blog.quibids.com/quibids-new-auction-forma/

You must be logged in to post a comment.

 

Contact Support

Got a question? We’ve got answers. For simple solutions, check out our easy-to-access Help section. For stickier situations, connect to Live Chat or submit a support request below.

Contact Support