DealDash - How it works and Tips on this Online Auction
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- čas přidán 4. 06. 2024
- After much debate, I decided to check out and review @DealDashOfficial - the online auction where you pay to bid for items. I go through the DealDash page and show you what to look for when bidding. I am not getting paid for this review. Use your own judgement in using this online auction site geni.us/Q8pfj1
00:00 Introduction
00:42 What is DealDash?
01:33 Looking at the DealDash Page
04:49 The Stats Page of DealDash
06:46 The Psychology Behind Bidding
07:41 Thoughts on DealDash
07:53 How to Subscribe to Geekazine
#review #auction #dealdash .
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I just subscribed to deal dash. Bidding on a camera . The only thing I notice that seems like a scam is how much you have to spend on bids just to win. Auctions take forever and you can end up spending 50-100 on bids and cone away empty handed . I saw 2000-7000 bids for a winners of the same camera Not a fan upfront here on my first try. Just throwing away money and got burned . I like Ebay style better and bids are free
The math shows out of 100 bidders one bidder wins.
Meaning, overtime the bidder pays more for an item through lost bids. The gambler's fallacy is hard at work here.
Can you share where you show the math? Would love to see it.
Are you serious MickMalkmus has no idea about the math!.. he just is assuming that there's math backing up his theory! Mick probably has no idea what he's talking about! Mick seems like a moron!... I have one tens of thousands of dollars on this website! $21,750 to be exact! Worth a products all for a low low price of $287.92! So don't give me this math bullshit! Haha! 🖕🖕🖕
Of course. They do show a profit. Bids are cumulative. You can get lucky
The main issue with DealDash is that people gang up in groups and take over items. It’s very obvious they are communicating via some other format. 3 people will eventually take over an item. They will put so many bids into it to cover the item and then click “buy it now”. When you do this, you get all your bids back, plus the item. I have won some great things, but I think they just throw you a bone here and there to keep u coming back.
It’s bots
Hmmm i just can't understand the lingo... is this a Canadian thing?
I remember bidding on eBay. And then selling on eBay, and finding out there are ways you can set a hidden limit that keep knocking out peoples bids until it’s gets to a limit you wanted. But the bidders don’t know
You too can sell your soul and get fantastic prices.
The devil works in mysterious ways...
4esddr4443iui9 i.p.o oe8e2
I won one of these knives, they're good quality but not the retail price they claim to be. Kamikoto is not a real company from Japan, it's actually DealDash exclusive where they created a sharp website for the company to make it look legit but when you actually try finding the company in Japan you will have no luck. Also, the plastic bag the knife box comes in says Made in China.
In reality the knife would retail around $50-$90 if it truly is Damascus steel as it claims to be.
You will notice other 'dealdash' brands that have the same thing. Like 'Bolvaint' brand, Schultz, The barrel Shack etc....
wow
yea they are all "brands" owned by Galton Voysey and - William Wolfram claiming to be authentic and local brands.
So hold up you have to buy bids then use those bids to bid then if you win you have to pay for the price of the item?
I’m trying it out and I have found that high end items are not going for $30 they are being bid up so high they are close to the price the site says they are worth. People will win crappy gift cards or items no one wants like a gravy spoon. I wouldn’t say it’s a scam but I have yet to find it worth my precious time. Only reason why I tried it is because I There’s a money back guarantee on your first bid pack. I’m sure I’ll be refunding cuz I doubt I’ll win anything I actually want.
Question. So when you buy the bids does it cost any extra to use them after you buy them? Is it just the cost to buy them per bid?
No extra cost
I have a question and I honestly I'm just curious about it how is that is $0.60 per bid when purchasing but when you're bidding on something it says your 1 bid is worth $0.01 so how much are you really spending and receiving
if it’s $0.60you buy something for $100 it would be $160 or $0.60X + how much it ended up being= how much you actually spent to buy that. And then you would subtract that outcome for the items price and you will see either your income or loss of money
@@mrcheesepuffs9102 hello if you are still alive in,2021 want to ask u sumthin on your comment 2 yrs back
Daily Challenge 01/30/2024
Place 60 bids in Electronics & Computers category auctions to get +1X Time As Highest Bidder Multiplier for 1 hour. What does this mean? Do I have to accept this?
Why do you not combine shipping?
So, it costs you per bid, plus the cost of the item? Are there taxes and/or fees on the items, too?
Depends on where you live.
So I thought every time you bid you owe the bid weather you win or not? Right or wrong is that why the price is so low because everyone that bids pays their bid
😊
😊😊😊😊😊
here is my main question did you get any of the products
This game is rigged and it’s in favor of the VIPs who get tons of free bids from James and his cohorts. How does that help Dealdash you ask? The VIPs have won all this stuff many times over and are likely playing for fun and taking the bid exchange option instead of the products. If a player takes the bid exchange option, in most cases, Dealdash makes a lot more money. For instance, if Dealdash takes in 30,000 total bids on an auction and has to return 5,000 bids to the winner, they profited 25,000 bids and had to spend zero on shipping and lose zero on product cost. So long as the auction goes long enough, which is most of the time, they will take more total bids then they give back. But even in those cases where the auction ends quickly and they have a net loss on bids, they still don’t lose because giving bids away entails zero cost to Dealdash. If those bids are given to a VIP, they will very often be used in a subsequent auction where the same dynamic will repeat. The bottom line is that if you are a new player or a non VIP, you are buying most of your bids and likely going against players who spend far less because they are funneled free bids. The problem is that it’s very hard to prove. It’s my experience as a former VIP with James that allowed me to gain this information first hand. Dealdash funneled me hundreds of thousands of free bids, and that’s why I won over 50% of my auctions at your expense (or people just like you). You can find me as dgrand6470 on the Top 10 Winners List on Bidtracker. Just remember that if you are in an auction against a VIP, the deck is likely stacked against you.
I just want to know if it is realistic to buy things and then turn around and sell them for a profit online to a local store. just to earn a little extra money. is that realistic are is their more to it than that.
People do that all the time. It's called "flipping". Houses, cars, cameras, computers, etc. I used to flip computers by buying in bulk through surplus stores.
What about autobids? I've seen on alot of sites people using software to put the limit their willing to bid and just get messages if they won..
I am not sure.
Question why did dealdash take 30 dollars off my card without even bidding
Never played and would not play, too many people say it is a scam, it is more than likely a scam.
Obviously a bullshit scam!!!
That is the only way they could let a iMac go for$30 if the had 50 bids for $30 and everyone had to pay their bid there would be one winner and many out what they bid and a happy seller
Wait when it passes the ten seconds someone else pops up
That's how it works...
So it costs you money even if you don't get the item.
I won a $20 DealDash gift card playing a trivia game app, and I won a $255 fancy name brand pottery set for $0.97 and it was half off weekend so my total was $0.48 with free shipping. I won it in like 5min, using no techniques, and just by playin around! So it worked awesomely for me at least!💁🙌
Good for you!
Geekazine I was f****** shocked!! LOL I didnt lose a damn penny either, being I won a $20 gift card code on a Trivia app, got i think 155 bids or around there, and won! I was bidding all over the damn place and had ZERO clue what I was even doing 😆
Hey I play the trivia app also and was thinking about cashing out on an 20 deal dash gift card . how do you use it and do deal dash ask for credit card info or bank info?
Good for you I just can't get ripped off.thank you for telling your side merry Christmas
Been bidding on something here and there since 8:30 am. Same people on here since that bidding back to back. That has to be robos.
Looking for refrigerator with window on the door. It seems too complicated!
Haven't seen many appliance like that on it.
So what happens if you need help? I don't see anyway to contact them if you need help with something.
A simple search came up with (855) 455-3325
So say you have bids that you use on a object. Do you get those back if you lose?
no
***** eek, well that sure is away to lose money.
But if you work the bids right, you can get some cool stuff.
That was my question also---so, if you win, you need to factor in all the money you've lost on bids you made that you lost--in the end it's gambling as much as bidding---cause every time you bid, you are gambling that you'll win, and there will always be only one winner--and many losers. Whoever came up with this is pretty smart and I am sure--exceedingly rich ;-) It sounds like the only way to ensure you win is to get lucky---and have little competition--or just stay in there and outbid everyone else--and just hope no one else is doing the same thing! Cause you could lose a lot of money doing that, since you're paying on every single bid. I don't like it at all--I think I'll stick to eBay. But I do appreciate this video. But I'd like to know how much money you spent---altogether, using DealDash--on all your bids. That's the price you paid for those knives.
So do you still lose the money you bid with if someone else win?
Yes.
Definitely a scam. One person may get a good deal, but everyone else is screwed out of money and the company makes way more money than the item is worth.
DEAL DASH, HOW MANY BID-BUDDYS YOU GUYS HAVE? I'M SURE U GUYS ARE USING A FEW BID-BUDDYS TO JACK UP THE PRICE..
How mush is thé bid pack
i read between the Lines..Something Your Avoiding SAYING,,,=That These Bids =You Are Being CHARGED For Everytime RIGHT??? YESSSSS ...
THEY All Add Up,.. Thus You Could Easily Wind Up Spending $3 hundred Dollars Walking Away Paying $300.00 & Not Getting a Dam Thing to Show for IT 😕
Where as Ebay if Your bid Doesn't WIN ==You Don't Lose One Red CENT,
=Example if you bid something Expensive upto $500.00 Or $700.00 ..$1,000 But someone else out bids you By Even just $1,100 You Don't get Charged even a DIME 🙂
So price setters?
Be very care on your bids
I wish they would also include Canada to be able to bid.
Sorry.
Me too, I would love to see Canada get scammed
Do you get your money back if someone outbid you?
no
Geekazine thank you
I need a car how do it work
Thanks CZcams for showing this scam video on my subscription feed. Great job, Keep it up!
The video is no scam. How is informing the public a scam?
@@geekazine Nah. He means that the scam is with the DealDash. And you have showed to us how it works. So it's better to just avoid this bid war. 😂 So many catches. 😔 Ty for this video!
Deal Dash uses bots with fake user names to run up the bids. TOTAL SCAM
If they used bots to drive up the price, the service would be shut down. That is illegal. However, you can use a bidder bot to place bids - which a lot of people do.
Don;t be a DICK! You can't prove they use bots. All a scam. I used to work for the parent company 8 years ago. They have what is known as "shill" bidders or "BOTS". Which are bogus accounts that change name every day. They have UNLIMITED bids so they ALWAYS WIN! Each bid also costs you 0.60 cents and NOT 1 cent. Once in a rare time they let some poor sucker win at the expense of others. So that lady that claims she won a $1200 computer for $100 , give or take, is not true. $100 dollars is 10,000 pennies, but remember each PENNY bid cost you 0.60 cents. So the company made $6,000 from suckers making 0.60 bids. Do the math! My twelve year figured it out.
+Darth Mal yea your right, just not bots(computer account), but "shills" as u said, or meat-puppets(people w/ multiple accounts) SCAM!
All. Bullshiter??
stick to ebay
P.T. Barnum : " A suckers born..." well you get the idea....
If you lose the bid do you still have to pay
Pay for what?
One of the biggest rip off going today with fake advertisement on TV the 10 Second clock is ridiculous, total scam outrageous retail prices time-consuming , The bots never sleep even on the cheap items. The TV commercial is a total scam and should be investigated.
I’m still a bit confused on how this app works. So to win do you have to be the highest bidder or just the last person to place a bid in 10 seconds?
highest bidder
Geekazine Thanks for replying and fuck that app lol I wanted a new console from it but it may not be worth it I’m better off getting it legit
You actually have to be both. The highest bidder and the user that placed the final bid but if you place the final bid you will obviously be the highest bidder because no one else has bid after your final bid.
That’s the same thing.. the highest bidder IS the person to place a bid in the last 1 seconds.
It told me to claim my free 300 bids when I signed up earlier and it charged me $36 dollars if I knew that I’d have said screw it
thanks for convincing me not to join.
Sounds good.
@@geekazine u moron
I will never pay to bid. I go to many live auctions.
It's just a very stupid thing to do. I always see these ads, so I just looked it up. And I have to say that maybe it's not a scam because you actually get the product if you win it. But it's definitely not a good way to try to win an auction. It certainly feels like a scam. Do you really think that you' re the one who's going to win? Do you really think that your last bid out of over 6,000 bids, and sometimes even more, is going to be the last one and you're going to win the auction? No, this may not legally be a scam, but it is a scam regardless.
If you think for one second that I believe somebody won a PlayStation 5 for less than a dollar you're all insane
Right!!!!!
A lot of people calling it a scam most likely don't understand the whole concept how it works.. deal dash is basically a gambling site, bid cost doesn't equal the final cost. 1 bid maybe .50 cents but pumps the price .01.
You cannot say it's a gambling site - that would imply the house could win the deal. All DD does is charge for getting rid of overstocked items.
@@geekazine lol you're funny. overstocked?!
Its absolutely a gambling site since house wins every single time. The total price paid for the item is more than retail. It's not an actual auction either, and that's the scam.
I saw this commercial when a guy says he got a mountain boike, whats a boike?
Here is what I don't understand. if me and Bob and 90 others are bidding on a toaster and I have bid $15.00 but Bob out bids and wins the toaster does this mean I get my $15.00 in bands back because I did not win?
You do not get anything back. You have to determine what your limits are for loss.
Its gambling.
No they get your money too,and all the money from the other 90 people
It's basically you and 90 friends all put your money together for a toaster. You get 5 times the money that the toaster is worth, and you give it all to dealdash, and they give just one of you the toaster. So it seems like a deal to the guy who got the toaster because he paid a fraction of the total amount, but the other 89 people got ripped off because they also paid a fraction of the amount, but they got nothing.
Then I want to try to win as the PS5 I seen it on a ad on CZcams and a person win the PS5 for $0.40
So like gambling if you include all your loss you pay way too much
this video is a joke.. this site is a major scam.. I'm pretty sure this dude is a paid spokesman.
Then you are pretty wrong.
I, too, am pretty sure you're wrong. For instance, at 4:08 he thinks 100 X .12 = $1.20 when, of course, it's $12. If he were a spokesman, he'd know that in advance. || What I truly don't get is why anyone would sell a (as is mentioned in the commercial) $799 (or what I call 800 dollars) Schultz VividEdge 4K Smart 55" LED TV (2017 Edition) for $1.44. || If it sounds too good to be true it is (too good to be true). || I think they pretty much admit it's a scam at 5:30 where they suggest you use a BidBuddy. If you can do it, they can too. || That said, I think the idea is intriguing. If someone scrupulous were to buy items in bulk - like the guy who owns the Dollar Store chain - and then let people bid on the items (beginning at the cost paid for them), you could get some nice deals.
@Geekazine If he's wrong, then why are you using a genius link that you literally have to pay for instead of using a regular link to the site? Wheras your own site uses a full link, rendering the "It's shorter" excuse invalid. I hate non-disclosure of advertising.
Let us talk about the 🚗
How about a car
how did deal dash come to be for the guy who ays it is a scam he is crazy I have won a bunch and it was always good stuff and the one time I had a problem they took care of it
Deal Dash finally came out with a new commercial after the bullshit meter went off the hook....
12 cents times 100 is 12.00 dollars Einstein :)
Deal dash is a scam when you can by bids that should tell you it's a scam.
Is this a scam?
Complicated!
The only way to win auctions is to use a bidding robbot called BidFellow
I think that's against TOS. #Thanks for the comment!
So in essence, these websites operate based on very scummy principles. The cost of all the bids placed on an item by all bidders will easily bring dealdash more money than the item would retail for. And if you choose to "buy it now", then you're going to pay well over retail price anyway because their prices are ridiculous. Dealdash is not some "cool" website with "neat" features. It's a system designed to separate fools from their money. Not to mention, many of the bids being made on items are being done by fake accounts using an algorithm to ensure they pump as much money out of dumb consumers as possible. Their flimsy explanations that they have "relationships" directly with manufacturers is laughable.
All bid like deal dash use AI to bid.
Can you prove that?
Is anyone else more confused after watching this video, he was jumping from point to another without explaining anything properly.
Deal dash is playing games with those robotic accounts.
They will let u win once ur new bidder then they will push u to buy bidds.
They're full of shit.
they are thieves total scam really i have account and i know they took my money registration without my consent
Sorry to hear. #Thanks for the comment.
Geekazine why the heck are you replying to all the negative comments saying like idc or something
Syphun for the algorithm..
same they didn’t even tell me and i lost 30 dollars
You keep thinking it's a scam and I will keep winning all the awesome items. Take your time and learn how to bid propper and you will win as well. Been on here for two months and won over $10,000 worth so far so stay away with your false fears and the rest of us will reap the rewards. Simple question. Are the items won shipped from a full filment center or does each item come from the items manufacturer? AKA waterman3004
u win any iphones do they come in the origonal boxes ?
You said in your review that it's a "service." No it's not.
T ukkonen
Trying to buy a car
They charge for bids, no bueno
This video should be 10 seconds long as say "this is a scam "
.12 cents times 100 bids isn't $1.20 lol it's $12
Their employees bid. It’s a scam
Do you have proof to make an accusation like that?
Racket. 😉
Entire site is a scam. Says in the fine print you probly wont win. And they send you crap from the dollar store. 😂
12 cents times 100 is $12 not $1.20 lol. 😂😂😂
Great Review! I have seen a lot of reviews by people who have never even participated. They just assume its a scam. I have been on DealDash for about 4 years. Last week I won the Kamiko set of 3 Japanese knives. Winning price was $18.80 and I spent about $40ish in bids. So about $60ish total for knives worth over $1100 on Amazon ($750 on eBay).
The most important thing you pointed out is how much the item is worth and how much people spend in bids plus the price they have to pay for the item. I have seen $50 gift cards sell for $75. So it is important you keep track of how much you have spent in bids plus the price you pay if you win the auction.
I agree. I technically won back the money put into it, but as a novice I think I wasted a lot of good bids.
1100.00 for a set of 3 steak knives, LMAO. Shit man are those knives made of platinum or something, You wound up spending 60 dollars on 3 cheapo Japanese steak knives? I shake my head very fast over the stupidity of people that bid on this obvious scam Deal Dash.
You are Absolutely Correct.....$1100 for a set of 3 Steak Knives would be Absolutely Dumb! Good thing they were not steak knives. Actually I never referred to them as steak knives. I always look at prices at 2 or 3 other sites before I bid on something (Amazon, Wal-Mart, Best Buy, and Frys, just to name a few). Below are 2 links, 1st one is the auction I won, the second one is the price on Amazon. Amazon has dropped the price down to $799.99. They were $1100 on Amazon when I won the auction. If you want me to I will send you a link to every auction I won, I don't mind. Anyway, here are the links:
www.dealdash.com/battle.php?auction_id=4962109
www.amazon.com/Kamikoto-Kanpeki-Knife-Set/dp/B011LBF5H4/ref=sr_1_1?ie=UTF8&qid=1477269596&sr=8-1&keywords=Kamikoto+%E7%A5%9E%E7%AE%8F+Set+of+3+Japanese+Niigata+Steel+Kanpeki+Knives
If you do think its a scam, please do not waste your money on it. No matter what you win, it will never change your perception.
I have these knives, yes, i won them at DealDash, they are the best knives I've ever owned, they are superior quality to the "everyday" knife. I hope you win some soon!
I won one of these knives, they're good quality but not the retail price they claim to be. Kamikoto is not a real company from Japan, it's actually DealDash exclusive where they created a sharp website for the company to make it look legit but when you actually try finding the company in Japan you will have no luck. Also, the plastic bag the knife box comes in says Made in China.
In reality the knife would retail around $50-$90 if it truly is Damascus steel as it claims to be.
You will notice other 'dealdash' brands that have the same thing. Like 'Bolvaint' brand, Schultz, The barrel Shack etc....
XBox Games
Very confusing
They should call it rip dash I wouldn't get within 100 miles of this obvious scam outfit. They've been around for a long time because there's an endless supply of fools.
I. Think. It's. A. Scam
Enespañol
This type of auction is for suckers. Dealdash isn't going to make money by selling $600 items for $24. Don't bother with it. Save your money. Total money pit for bidders.
Sounds like B.S. to me
i was looking for a app to save money this sure is not it.....
way too complicated
Deal dash....the whole sistem is a scam.
TOTAL GARBAGE! EXPLAIN TO ME HOW A AUCTION FOR A DLSR CAMERA CAN GO OVER 12 HOURS? IT ONLY BENEFITS THOSE WHO CAN BUY AN ASSLOAD OF BIDS!
If people want something, they'll bid
@@geekazine Yeah, that's why some poor soul paid $2k for A $800 item!
scam
Scam don't waste your time
Do you have facts to go with that comment?
Sounds horrible. Not thanks
This guy cannot do basic math. Very poor explanation.
This is a TERRIBLE review. Long, rambling, no linear thought process to explain the process and rate the site. Writing out thoughts prior to getting in video and sticking with a script would have been better.
Scammmmmn
Normally, this is where I delete this post. The lack of exposition and the myopic gun-and-run comment is just not worth it. Then, you posted 6 more vulgar, disgusting comments - all of which I had to FLAG. So with that, I have to call you out. I don't want to do it, but you leave me with no choice. All I ever ask is an engaging conversation, which from your other posts I can only derive will never happen. Maybe you can do that - I encourage you to try.
Are you related to Osama
Biggest scam ever not real auction at all