You are then given 135 BID credits and they charge you 60 cents for each bid!

Items look like a great deal, like a 100 dollar gift card to Walmart or a Big Screen TV for pennies. Auctions are in 1 or 2 cent increments. When in fact, penny bids are costing 60 cents per bid toward the pockets of the site owners. The Walmart gift card ended after a long wait (like waiting 15 minutes in a football game). The total was $4.78. They made about 167 dollars profit on that one. Now, after the news hype on this site - There is at this moment a Walmart 100 dollar gift card up to 30 dollars! This is a whopping $1800 profit to the site!

They have hundreds of auctions, and people are buying into this total scam. Ipads, big screen tvs, vacuum cleaners, all kinds of items.

If you really want to know more about it, you click on their links on the site. One takes you to a news channel 9 with actual reporter write ups! These are NOT REAL. They are fake reporters with the same names as CNN reporters and such. The links all take you back to XBIDS.com.

This site is a total scam. To cover themself, you bid on an auction and have the choice to purchase the items at their value price. Well, their value price is retail price, meaning for 100 gift card, you pay 100 dollars. Where is the deal here? Odds are you will lose the auctions as it is getting members at a very scary rate.

So, I bid 10 times on a 100 dollar walmart gift card, before I realized I was charged 6 dollars. I now had the choice of purchasing a Walmart gift card for 94 dollars.

Unless you are a heavy gambler and really rich, I wouldn't even attempt to go to this site. You can close your account, but you dont get a refund. That choice is not available. You are just out the 75 dollars. They literally instantly take your money.

You cannot contact them, it turns into a send you to a computer generated number 1 888 649 2437 -- but here is some crucial info I found in my research. I found this info:

"Almedin Skender and Azem Skender. These people are behind this xBids.com site somehow. People who are better researchers than me can find them .. and when you do, please post the information here so we can sue them and stop them. Thanks and happier Thanksgiving. Here are other names somehow related to these crooks .. Zekira Skender Elvis Skender Elvedina Skender Bahrudin Skender There's some connection to Kansas City and Vermont, too. Grifters and crooks. Please please nail them somehow."

The names are all suspicious, a HUGE SCAM here. You cannot get a refund. They are linked on news sites like ABC, and on Amazon. Please check before you use this site. Elvis, Elvedina, Bahrudin, Zekira, Azem, and Almedin are rich thanks to coming up with this idea.

More scam info was found here.

I have contacted my bank and cancelled the payment.