Where in the World is MadBid? Madbid users around the globe have been wondering and asking themselves what happened to the longtime U.K.-based penny auction site Madbid?
The New “Gift Card” Site
We hear from many of our users that they wish penny auction websites auctioned more GIFT CARDS!
Well, this brand new penny auction site does just that. Currently (October 19, 2017 @ 12:15 PM EST), there are gift cards from Amazon, Gap, Nike, Panera, Burger King, up for auction. See for yourself below…
Since there are fewer competitors than the well-established sites, you’ll have chances to pick up some easy wins while there aren’t thousands of power bidders to compete against! Check out this new “gift-card friendly” site here: https://www.bid-ninja.com/brand-new-penny-auction-site/.
Beezid Shut Down?
Since about early October 2016, not a single auction on Beezid.com has actually allowed for bidders to place any bids, with all auctions being listed as on “standby”. This has left many people wondering if Beezid has shut down, gone out of business, claimed bankruptcy or a variety of other causes for not allowing anybody to place any bids or participate in contests of any kind.
Currently the Beezid website looks like this:
What Happened/is Happening to Beezid Now?
With no auctions running users with bids left in their accounts are unable to use them to place any bids.
You’d think that if a site as large and popular as Beezid was going to close it’s doors that it wouldn’t have happened so unceremoniously. If you visit the Beezid site now you won’t see a single message or blog post or anything else indicating what has happened, is happening or will happen.
A recent, and very strange, site update has left every link & menu item on the site just linking directly back to the homepage making it impossible to navigate to any other page, let alone log into your Beezid account.
One of the most unsettling things about this development with Beezid is that many users are left feeling that Beezid is a huge scam. The very popular penny auction forum for avid PA players “Penny Auctions Forum” has actually dedicated an entire section to the shut down of Beezid and the fallout here. One of the threads in that section entitled “Beezid Chargebacks” is up to 15 pages!
Looking for Help with Your Beezid Account?
The best resource we’ve been able to find to share with our loyal Bid-Ninja users is the previously linked to Penny Auction Forum, more specifically, the Beezid section. There users have been posting ways they’ve been able to successfully recover some of the funds from their accounts through various methods, along with sharing contact information and just generally being able to speak with others who have experienced the same negative experience.
What’s to Come
Sadly, we don’t know what is going to happen to the users who lost thousands or didn’t have merchandise delivered, or even the owners of Beezid themselves. What we can say is that we here at Bid-Ninja are very sorry for those who were affected by this and we hope that Beezid makes all of their customers whole. For a very long time Beezid was a favorite of the penny auction community and it’s very disappointing to see them handling this situation in this manner.
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