Auction Bidiots

The Verizon Smart Rewards Auctions are a total joke, if not an outright scam. I've tried a number of times and the same thing keeps happening whether it's something I'm bidding on or just keeping an eye on. Nor does it matter if it's the cheapest garbage that no one in their right mind would want, something really nice, or if there's 100's of one particular item. In the last few minutes of an auction it 's like all of a sudden people show up to bid going from under 50 to as many as 200-300 bidders, bidding goes insane, points go from under 10,000 up to 80k-90k, and often over 100,000 points for such ridiculous items like the never ending supply of the $25 Verizon wireless gift card. Never mind that the bid button goes dead in the last few seconds. What is the point of an auction where it's impossible to compete fairly? If by some miracle you win an item, who gets the points? Where or who do they go to? They must be of some value to someone if verizon has to resort to allow such nonsense just to let someone win something like a lousy $25 under gift card for 80k-90k points that has very limited use in one specific place.
This is the exact same thing that happened on E-bay in their first couple of years. Often a seller would have friends bid on an item to artificially drive the price up and create false interest. Other times people would bid on an item with no intention of completing the deal. All too often people would wait until the last few seconds and do a berserker bid. Then there were always the jerks that used bot-ware to make sure no matter what they won at any cost. They were called 'Bidiots'. E-bay pretty much put a stop to those kinds of scummy practices. Verizon wireless needs to do the same and stop this deceptive, unethical, and unfair practice and give everyone a fair and level playing field.

For what it's worth, I was starting to think the same thing after losing a handful of auctions today, the first I've tried by the way. Just a few minutes ago I won a restaurants.com gift card. So....while it seems like ********, it apparently is not.

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