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Is markerbids legit? how does it work?


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#1 Bonito-Colito

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Posted 27 February 2011 - 12:59 PM

hey guys so ive been seeing more and more people chatting about markerbids.com.

how does shit thats like $300 new and up, go for like $30?

who sells it, how is it that cheap?

and can you really save hundreds by using marker bids like is there a catch of some sort?
and lastly, how does it work? i noticed you gotta buy bids or something?



#2 5ozofpain

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Posted 27 February 2011 - 01:02 PM

mike makes his money when people buy bids. Someone could buy a 500 dollar gun for $10, but they have to buy bids. So if someone buys a gun for 500, they need to spend atleast $300 on bids.

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#3 AceComets

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Posted 27 February 2011 - 01:14 PM


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#4 usmercenary

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Posted 27 February 2011 - 01:38 PM

The gentleman who runs this site runs markerbids also.

#5 jabinx

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Posted 28 February 2011 - 05:01 AM

gambling?
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#6 Latsabb

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Posted 28 February 2011 - 05:02 AM

gambling?


Although similar to gamling, it is not gambling. Gambling implies that luck is the main factor.
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#7 CAN77

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Posted 28 February 2011 - 10:58 AM

because you can only bid by one cent at a time, its more of matter of how many bids are put on an item then for how much it gets sold for. Say a DP fx is being sold which is 500. it sells for 40. one cent per bid means that 4000 dollars is spent to make that many bids. so to meet the break even point on the marker the sale price only needs to reach 5 dollars.



#8 Kermit

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Posted 28 February 2011 - 01:14 PM


gambling?


Although similar to gamling, it is not gambling. Gambling implies that luck is the main factor.


Markerbids requires an unholy amount of luck.

#9 Latsabb

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Posted 28 February 2011 - 01:37 PM

Markerbids requires an unholy amount of luck.


To some extent, yes. But it is not needed. Brute force can win, as can tactical bidding. Gambling is all luck, with the exception of bluffing someone or counting cards.
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#10 PBSL Carmen

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Posted 28 February 2011 - 07:54 PM

It requires an unholy amount of luck if you want to get an NT with 20 bids. But, if you throw 300 autobids at a caddy, the odds are extremely in your favor that you will win it.
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#11 Bonito-Colito

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Posted 28 February 2011 - 08:11 PM

so how much does a bid cost? and how many bids would the hypothetical dp fx go for to one buyer? as in how many bids would i need to place (estimate) to win an item and how much would that many bids be?



#12 TROPICALPUMKIN

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Posted 28 February 2011 - 08:12 PM

Its a scam imo
Just a money pit. I wouldnt waste the time or money on it
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#13 xero

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Posted 28 February 2011 - 08:23 PM

It's not a scam at all. It is weighted heavily towards those with large amounts of money to spend.

Like said before, someone can win by brute force: I.e. the damage dye nt. 1300 bids to win it.

Or someone can win by tactical bidding, which some members are extremly good at.


About the only luck involved is someone coming in at just the right moment, placing just a few bids, and winning.

And anyone who says there are extreme amounts of luck involved doesn't have the money to be bidding on marker bids. If you have the money to buy large amounts of bids, and you have the time to create your own strategy or to do some research, it's quite easy to figure out the patterns and trends. But you can't really use a strategy when you only have 20 bids.
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#14 PBSL Carmen

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Posted 28 February 2011 - 08:24 PM

so how much does a bid cost? and how many bids would the hypothetical dp fx go for to one buyer? as in how many bids would i need to place (estimate) to win an item and how much would that many bids be?


A bid technically costs $1, but there are bulk deals where you pay $300 and get 300 bids plus 100 or so extra for free; then you effectively paid less than $1 for each.

As for how many you need to win, that depends on who you're up against. On a small item, you can usually be good with about 40 bids (Caddy, barrel sock, stuff like that). On mid-range items like masks and tanks, you'll want 60-100. For large items like superguns, there's really no way to tell. Sometimes you can get one with 50 bids, other times you're fighting off waves of ten people with 300 bids each.

Most of the time you can throw about retail value at it to get it, but high-demand items are unpredictable.
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#15 PBSL Carmen

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Posted 28 February 2011 - 08:27 PM

Oh, and a note: with these estimates, that's usually enough to give you a good chance and tilt the odds in your favor. It may go for a lot less, or more.
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#16 Bonito-Colito

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Posted 28 February 2011 - 08:34 PM

so say theres the ninja tank thats up right now, i could win it at 1 bid when its the 100th bid, which is one dollar plus the actual price it rose to with those 100 bids which makes it a dollar since each bid represents one cent?

sorry if im coming off slow, i just wanna get a good grip for what this is about



#17 PBSL Carmen

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Posted 28 February 2011 - 08:37 PM

Yes, but you have to purchase bids in advance and the odds of another bidder coming along and bidding after you are quite high. Theoretically it can work that way, but it is really rare to win with one bid.
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#18 Bonito-Colito

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Posted 28 February 2011 - 08:41 PM

Yes, but you have to purchase bids in advance and the odds of another bidder coming along and bidding after you are quite high. Theoretically it can work that way, but it is really rare to win with one bid.


so does everyone wait til the last 15 seconds and a billion people blast away their bids at the last minute kinda like how ebay operates?



#19 PBSL Carmen

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Posted 28 February 2011 - 08:42 PM

Yep, and that adds more time to the clock so it can happen all over again in another minute.
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#20 Bonito-Colito

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Posted 28 February 2011 - 08:46 PM

oh ok cool yeah i now know basically all of it i appreciate you helping me out man :tup:



#21 PBSL Carmen

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Posted 28 February 2011 - 08:48 PM

Glad to help.
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#22 bobd314

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Posted 01 March 2011 - 01:21 PM

I'd say it's more gambling than bidding for one reason:

When you lose an auction, you don't get your money back, it's gone forever.





In a traditional auction you bid and if you lose, don't pay anything.
In traditional gambling you gamble and if you lose, you lose your money.


Which one sounds more like MarkerBids?

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#23 cockerpunk

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Posted 01 March 2011 - 01:35 PM

to answer your question, yes, it is legit. mike has made a serious and concerted effort to make sure that everyone knows that when you win something on markerbids, you actually get your merchendise.

call it gambling, call it a bid site, call it what you want. i'd recomend cuation and a steady set of wits if you plan to use the site.
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#24 Baux18

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Posted 01 March 2011 - 02:34 PM

a mod should make a stickied thread explaining this..
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#25 JLPac

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Posted 01 March 2011 - 02:45 PM

So has anyone in this post actually won something? Still skeptical

#26 Baux18

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Posted 01 March 2011 - 02:51 PM

So has anyone in this post actually won something? Still skeptical


http://markerbids.com/index.php

look at " Closed Auctions"

i have actually won a pair of Sly Profits For 5 Bucks
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#27 YellowMochi

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Posted 05 June 2013 - 01:43 AM

I feel like this is a scam, i looked at it and someone spent 405 bids on something that's only worth 225 retail price. It's retarded, if someone was willing to pay 405$ on a tank why not just buy it. I bet Mike has one that ups the bids by having an autobid set up.

#28 Billy Badass-RPF

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Posted 05 June 2013 - 01:56 AM

I'm going to lose my shit if I ever hear "Tactical bidding",or "Pro tip" one more fucking time.

Markerbids is legit, but is an operation set up to be extremely lucrative to the owner, not to give poor folks expensive stuff for cheap.
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