MADBID.COM. A REVIEW. AVOID LIKE THE PLAGUE - HIDDEN CHARGES ARE A RIP OFF AND COST YOU MORE THAN YOU GAIN.

The internet is awash with scamsters and MADBID is probably the best of them.

After signing in - you have to buy credits to bid - say £30 or £50 or more.

What this crafty penny bid system doesn't tell you is that EACH BID YOU MAKE COSTS CREDITS TO MAKE THE BID (bids on eBay are free) - and you can spend hours endlessly bidding on tasty items and getting nowhere. Soon the £30 or £50 you bought dwindles down to nothing and you wasted your time.

The counters keep going to zero but then keep popping back up to say an 8-second countdown because someone else has bid. They even have credits themselves on auction so you end up chasing your tail.

REMEMBER - you are not bidding a penny at a time - you are using credits you paid considerably more for - with a hugely unlikely chance that you'll win those tempting and expensive Apple products.

I closed the account immediately and LOST MY MONEY.