Swoopo.com Complaint - Bid on swoopo.com at your own risk of losing your money - with no disclosure

Review by bidder on 2010-01-05
MOUNTAIN VIEW, CALIFORNIA -- This website demands you fund your account with them, before bidding, so that they can confiscate $0.60 for each bid you place on an item. The bidding is rigged to end at a certain time, measured in seconds at the end, to make you think the end of bidding on an item is near and that you will win, but then they reverse the bidding time, and more time is allowed for bidding stealing from you the potential Win for an item. Then you and maybe hundreds others will begin the process of bidding again at $0.60 per bid, depleting everyone's funded accounts. This could go on for hours, depleting your account, and everyone else's account, hoping that you will Win something. But then even if you Win an item, you would have lost hundreds of $$ to Win a $20 trinket. This is the most fraudulent website I have ever visited on the web. My advice to you DO NOT BID AT THIS webSITE. IT IS RIGGED FOR YOU TO LOSE ALL OF YOUR MONEY. Go to Las Vegas if you want to gamble, at least there, there is transparency, and you would know in advance that you might lose your money. At Swoopo.com you are never warned that you would lose your money, and they do not publish how much money they confiscate from all bidders on any item. They are laughing all of the way to the bank. Stay away from this website for it is nothing more than a gambling thievery that they have concocted.
Comments:27 Replies - Latest reply on 2010-01-11
Posted by Anonymous on 2010-01-05:
Directly from swoopo.com's "What is Swoopo?" page:

"Every day we sell brand new top-name products at incredibly low prices in auctions that start at just $0.12 with no reserve. Take a look at the items we're currently auctioning, and if one takes your fancy, why not buy some bids? They're only $0.60 each.

When you bid, we also reset the counter back up to a maximum of 20 seconds - to give someone else the chance to bid too if they're interested. If no-one else bids and the counter reaches zero, congratulations: you've won yourself a bargain on Swoopo!"

You are complaining about Swoopo.com doing EXACTLY what they advertise their service to be.
Posted by bidder on 2010-01-06:
That is a joke. If you want to have legitimacy, why don't you publish how much you raked in $$ in the so called auction. I bet your profit level is at least 1000% on each item you sell under your auction time controlled environment. Your website is nothing less than a total fraud. Anyone who puts his money on your website is just throwing his/her money away, worst than throwing their money in the wind. It is better to give your money to the needy before you throw it away at this site. You will never win anything, and all you will do is lose your money period. It is even better to go down to Best Buy and pay for your items twice as much as the regular price, and you would still pay less than you would pay at this fraudulent website.
Posted by Anonymous on 2010-01-06:
bidder, what makes you think jabooty owns Swoop? All he did was cut and paste from the website. You need to learn to READ and COMPREHEND.

And before you accuse me, I work at Walmart.
Posted by Anonymous on 2010-01-06:
Yeah, I am not affiliated in any way with Swoopo. I've never even used the site.

All I'm saying is that your complaint that the company is fraudulent is completely off-base.

If you lost an auction, don't get upset at the site. They carried out their auction EXACTLY as they indicated they would on their website. They have no obligation to show their profit margin to you. Is eBay not legitimate because the sellers don't tell how much they spent on the item they are selling? I don't see you complaining about eBay because the sellers aren't disclosing their profit margin.

Sounds to me like you lost some money and didn't win an auction, so you're bitter because you were apparently unable to show some restraint and were dumb enough to lose "hundreds of $$ on a $20 trinket."
Posted by bidder on 2010-01-06:
Their website is the biggest lie there is. You will never make a penny bidding on their site. This site is nothing more than a big black hole for your money, with their bank account catching all of what you lose. Dont take my word for it, go ahead and plunk your money down on their gambling table, remember they control the game and the gamble, and you will learn the hard way. You are nothing more than a puppet to them, and their goal is to keep your money, and send you home to your Momma crying
Posted by Anonymous on 2010-01-06:
"and send you home to your Momma crying" Your Momma's not here!
Posted by MRM on 2010-01-06:
Haggle.com is similar to Swoopo, and while it can be addictive bidding, I think its a waste of time.
Posted by Pepper on 2010-01-06:
OMG... you mean a web page for bidding is trying to make a profit?

But seriously if they're upfront about the charges how is it a scam?

Better yet... build your own auction site. BUT you're not allowed to profit from it.
Posted by bidder on 2010-01-07:
This website takes the win away from you just the last few seconds, so you can bid again, and hundreds of bidder may bid again, and all lose $0.60 per bid. If this site would publish all the bucks they are raking from the bidders on each trinket they put up for bidding. Also, publish how much the winner pays for the win. This would legitimize the website. Otherwise it is nothing more than a fraud perpetrated on the innocent bidders.
Posted by Anonymous on 2010-01-07:
Kind of like Ebay in the reverse huh?
Posted by bidder on 2010-01-08:
Not even close to eBay. I have bid on eBay for years, but all of your costs are clear to you BEFORE you bid. When you take a bid, that is all you pay plus shipping. At Swoopo, when you take a bid on a trinket, you lose $0.60 instantly. If an item is worth $50.00 and it goes on the auction block, do you have the slightest idea how many hundreds or even thousands of bids go against the trinket, and each bid puts $0.60 in Soopos pockets. Swoopo more than likely gets $300 to $1000 in their pocket for something they paid $25.00, and the final bidder more than likely had just plucked down over $100 for an item he could buy from the store for $50 or less. Swoopo is a fraudulent site sucking out your money and you probably have a less than 1% chance to win, even after you paid $10, $30 or much more from your pocket and you have no chance to win. Stay away from Swoopo and keep your money. If want to bid go to eBay. Swoopo is what you call white collar thievery.
Posted by Anonymous on 2010-01-08:
Bidder, you are simply refusing to understand the site and all the fees are disclosed up front. Just as with Ebay or hell even at a gambling table, you don't bet more than you can lose. You are an adult. You do not need a babysitter.
Posted by Slimjim on 2010-01-08:
I fail to see how what the site makes on an auction is relevant, nor the continual comparison to casino gambling. What I'm trying to decipher is, is the site a good vehicle for consumers to use? I'm getting a no from this review and the whole pay-per-bid concept in general.
While I think the OP is going off a bit in directions not pertinent to the end users experience, I am hearing enough to feel this is not the best auction site format out there for bidders.
Posted by Pepper on 2010-01-08:
personally i think the OP should consider my idea of creating his own bidding site

all ya need is a web hosting site, some php & mysql skills.
Posted by Anonymous on 2010-01-08:
Slim, the way it works, is it cost $.60 per bid. A consumer has to decide how much he is willing to spend on buying bids. If an item is $50, and you can spend $1.80 for 3 bids and win, then you got a great deal. To make it fair, though, every time someone buys and places a bid, the clock is reset 20 seconds so that someone else can bid.

You might get lucky, you might not.
Posted by Slimjim on 2010-01-08:
I guess that is a little like gambling. The stuff would have to be a steal though to pay to bid on top of the price itself.
Posted by bidder on 2010-01-09:
Ladyscot, i fully understand the scheme that Swoopo is perpetrating on the bidders. Here is an example for you. If YOU decided to dedicate so many bucks, say $5.00, to bid on items. Your expectations of course is to win. So you put down a bid, and someone bids over your bid, so you begin to lose, but you bid again, now you think you going to win, but another bid over takes you bid, so you lose more, but now you are determined to win even more, so you continue the process, until there are only a few seconds left in the bidding process, and so you think you got it made and so you bid your last $0.60 of the $5.00 you dedicated, and guess what, Swoopo reverses the time and they add more seconds to the perpetrated auction scheme, so now you just lost all of the money you dedicated to this so called auction. It is like being in a bicycle race, and you are winning and you get close to the finish line, then the referee stops the race and pushes you back say 50 feet until other racers (bidders) catch up with you. So now your $5.00 are gone and now you think the race (bidding) is almost finished, so you get more money out and begin the bidding process again, and the scheme starts all over again. You have to remember if you the bidder/racer dont know when or where the race ends, you have no chance in hell of winning, you just throw away your money because the end may not be in site for another either 10 bids or even another 1000 bids by others, so where and when do you stop. Can't you see that this is the worst gambling of any gambling situation. What is worse than that is it could be that thousands of bidders could be pissing their money away over a trinket that didnt cost Swoopo even $50, while they rake in literally thousands of bucks from you and me and everyone esle. You have to remember that they control finish line of each race/auction, and as long as they do you have no prayer in winning without losing a fortune. So if you choose to bid on their site, do so and be ready to lose your every penny that you might dedicate to winning which you will never win.
Posted by Anonymous on 2010-01-09:
It is called responsibility. No matter how badly I want something on Ebay, I NEVER spend more, not even a nickel, than I am willing to pay. I would do the same on this one. This is like buying a raffle. You might win, you might not.

Don't bid if you don't agree.
Posted by bidder on 2010-01-09:
Go ahead and bid on swoopo, and you will find out this website is no ebay. Have you ever won anything on swoopo at a cost below the true cost of the item. Be truthful
Posted by Anonymous on 2010-01-09:
Bidder, I have never used swoop. But I do take responsibility for my own actions and don't cry about it later.
Posted by bidder on 2010-01-10:
LScot, you obviously know nothing about this site, and so go ahead and do whatever your heart desires and go ahead and lose your money, I dont care. I am here only to alert those who are not familiar with this fraudulent website, Swoopo.com, to avoid it at all costs. Anyone would be better off to buy what ever they want from the store than to bid on this site. Remember I dont have a feud with you, and I am not crying about it. I am shouting from the roof tops to avoid this fraudulent site. The after math of this warning is up to the reader, or only to those who can read. Lscot read between my lines OK? LScot I can tell that you have a fighting spirit, and therefore, I dont need to communicate with a fighting spirit, and I wont return any further comments to you. I have done what I came here to do, and that is only to alert those who are not familiar with this site, and the rest is up to them.
Posted by jktshff1 on 2010-01-10:
And we thank you for letting us know.
Posted by Anonymous on 2010-01-10:
I am still trying to figure out how this site is fraudulent when the terms are spelled out in plain English.

OP, I don't have a problem with you either. You are complaining about a site who's terms are plain as day. You do not have to use it. If you don't like the set up, simply do not bid on there. It doesn't matter if this site is like Ebay or not. And if I wanted to take the risk, I would. And if I did not win the item, I wouldn't come here crying because I accepted the risk and lost.

And the answer is yes. On Ebay, I have several times won bids on items for less than they were worth. i have also paid MORE for an item than it was worth simply because I wanted it. To me, an item is only worth the amount someone is willing to spend for it. An item can be priced a million bucks, but if no one is willing to pay that, it ain't worth that amount.

Don't agree, don't bid.
Posted by bidder on 2010-01-11:
LScot you just dont get it do you. OK I am responding again to your comment even against my own word, which I dont normally go against myself. Here is another way for you to think about it in reference to this fraudulent website. If you were in a race and your efforts, in this case your spend your money, to get to the finish line, i.e. end of the so called auction. And now you think you will win the race or the auction in this case, but the race is stopped intentionally by Swoopo.com, so that others can catch with you and your are forced to go back 50 feet or 50 seconds or more, and for all to start all over again, at a cost to you and to all, would you be in the race if you knew what swoopo.com will be doing to you. If you would then please have some professional examine your own logic, and whether you have any to this obvious fraud. I will only respond if another person sends a question.
Posted by Anonymous on 2010-01-11:
If the race terms were spelled out BEFORE the race began, and I jumped in there after reading them, then I and I alone am responsible for my actions. What you fail to understand is that some people are actually adults who do not have to have their hands held in the real world. We make choices and live with the consequences.

Then there are the people like you. People who make choices after reading the consequences and STILL insist on blaming the other guy for YOUR choice. Again, it is simple. If you do not agree with the way the site is ran, don't use it. But don't think that you can take it away from someone who might actually LIKE the setup. Just because YOU don't like it, doesn't mean no one does.
Posted by Anonymous on 2010-01-11:
The thing is, bidder, that Swoopo.com is very up-front with the whole "resetting the time" thing. You got into the race knowing that the timer would be reset if someone else made a bid before it hit 0:00. If you didn't know that this would happen, then it is completely your fault.

Blaming the site because you didn't read the rules of the game is your fault, not theirs. They didn't change the race. They're playing by the rules that they plainly advertise on the site. You're complaining because you entered a race without understanding how it would be run.

I'm glad this review is here, however. Because now it will hopefully teach a few people to do what you obviously didn't: read the terms and rules of a service before you use it.
Posted by Anonymous on 2010-01-11:

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