#Madbids.com is more off a "betting" site and less "bidding" site. I was influenced by the article, signed up and started bidding. It didn't take me long to realise its close to a betting site. I stopped immediately and asked for refund.
They refunded my "unused purchased" points while i had much more bonus points. So this proved the point that i LOST money without actually getting anything in return.
HIGHLY NOT RECOMMENDED and TIME WASTING