Found 13th Aug 2008
Has anybody used this website ?is it any good ?
flookle.co.uk/

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11 Comments

Just another money filtching auction site

HOW IT WORKS OVERVIEW
A quick and simple guide to the flookle auction system. 1) A user buys flookle bid credits which cost 50p each.
2) A user finds an item to bid on.

3) A bid is placed. Each bid costs one flookle credit.
4) For each bid placed, 30 seconds are added to the items countdown timer.
5) For each bid placed 0.08p is added to the items Current Bid Price

6) Each item has a reserve price.
7) When the Current Bid Price is equal or greater to the Reserve Price the item will be won by the user who has placed the last bid when the countdown timer reaches 0.
When an item reaches its reserve price, everyone who has placed a bid previously will receive an email to let them know the item has hit reserve.

9) Once a winner has been established, the auction closes.
10) Once an auction has closed no further bids may be placed.
11) The auction winner will be notified both via the website and by email of their win.
12) The auction winner will be required to visit their "Items Won" member area in order to complete the delivery address that they would like the item to be shipped to.

Original Poster

there is a lot thing going really cheap like samsung u 700 for £1.30

88.208.251.110

Digital Publishing Innovation Ltd
Unit D3
Arena Business Centre
Ferndown
Dorset
BH21 7SH
GB

dns0.easily.co.uk
dns1.easily.co.uk

Created: 17-Apr-2008
Expires: 17-Apr-2010
Source: whois.nic.uk

1 bid = 50p
that 1 bid = 0.08p on the auction price.

so an 80p item actually costs £50?

munir;2742360

there is a lot thing going really cheap like samsung u 700 for £1.30



they get your money.....and maybe 10 others, then inform everyone that a bogus bid won.....free money

I'm not suspicious at all but have seen so many of these scam sites set up recently and don't know of one person who's successfully bid ;-)

Looks dodgy as hell for customers, money raker for the owners though its win win all the way, it cant fail for them, the trick for them is that to get a bargain, you need to meet the
reserve price. Each bid only adds 8p to the auction, so in essence, you need to have a lot of people bidding on the item for it to sell. For example a console game has a reserve on it of £8, now each bid adds 8p to the price so to reach the reserve thats already 100 bids at 50p each so they have in effect sold a £30 game for £50 or more, if it doesnt reach the reserve then they have money for nothing, NICE!!!

ps.....reserve price could be £130

choc1969;2742416

they get your money.....and maybe 10 others, then inform everyone that a … they get your money.....and maybe 10 others, then inform everyone that a bogus bid won.....free moneyI'm not suspicious at all but have seen so many of these scam sites set up recently and don't know of one person who's successfully bid ;-)



and the winners on there dont know where their item is chat.freeola.com/Gen…tml

harlzter;2742418

Looks dodgy as hell for customers, money raker for the owners though its … Looks dodgy as hell for customers, money raker for the owners though its win win all the way, it cant fail for them, the trick for them is that to get a bargain, you need to meet thereserve price. Each bid only adds 8p to the auction, so in essence, you need to have a lot of people bidding on the item for it to sell. For example a console game has a reserve on it of £8, now each bid adds 8p to the price so to reach the reserve thats already 100 bids at 50p each so they have in effect sold a £30 game for £50 or more, if it doesnt reach the reserve then they have money for nothing, NICE!!!



Exactly :x

I said this before but i'll say it again:
all these type of auction sites feed on greed - which is essentially gambling. Don't do it, avoid and stick to ebay and such.

Out of 20 people, one wins, but the rest lost out big time. It is probably more profitable than a gambling company... with obscene odds.

Banned

Hi Guys,

Thanks for voicing you concerns about our site, let me assure you it is genuine and all items are winnable , on occasion some products are difficult to get hold of immediately, in which case we offer Gift vouchers to the value of.

Obviously we are in business so we are not going to give anything away, we aim to make money on each item as you would expect. Divide the reserve by 0.08 and times the result by 0.50 that is the total generated at reserve (The item is purchased out of that pot)

To win on a Reserve item people need to commit to the auction in order to reach the reserve, and then any single bid could win it.

We have just introduced sealed bids on the site for a more traditional and lower risk way of winning, spend credits to submit a "Unique Highest bid" when all the places on the auction are filled the item goes to the highest unique bidder who also pays their submitted amount. So you could win a item for £1 + your bid of £1.78 (for example). It’s likely that placing a bid for 0.01 will not be the winner so you need to be realistic on the bid you submit.

To answer directly queries on this post:

matt3454;2742414

1 bid = 50pthat 1 bid = 0.08p on the auction price.so an 80p item … 1 bid = 50pthat 1 bid = 0.08p on the auction price.so an 80p item actually costs £50?



0.80 = 10 x 0.08
1 bid = 0.50
10 x 0.50 = 5.00 (not 50.00)

choc1969;2742416

they get your money.....and maybe 10 others, then inform everyone that a … they get your money.....and maybe 10 others, then inform everyone that a bogus bid won.....free moneyI'm not suspicious at all but have seen so many of these scam sites set up recently and don't know of one person who's successfully bid ;-)



On the odd occasion we have had a problem with the winning bidder, we cancel the auction and refund everyone’s credits back to their account.

Unfortunately the problem with winners is they don’t tend to find forums to say how great we are.
This week we have shipped, Ipod's, GHD's and Wii's and related products, In fact one bid ninja has so far won a 2 x NDS, 1x Apple Ipod classic, W880i phone and a load of free credits to rebid, we now have his address saved on our couriers list. It can be done.

harlzter;2742418

.................................if it doesnt reach the reserve then they … .................................if it doesnt reach the reserve then they have money for nothing, NICE!!!



If an item reaches 0 and the reserve has not been met 30 minutes are added to the countdown. So an item will never end until won, so any bids are safe, we now also pause auctions over night to stop people logging it at 5am and bidding a near reserve item past reserve whilst sensible people are tucked up in their paisley pyjamas.

harlzter;2742424

and the winners on there dont know where their item is … and the winners on there dont know where their item is http://chat.freeola.com/General-Chat-2-chat/Flookle-anyone-else-had-a-problem-5234.html



If you check that post Mike got back to them and advised of the delay, all those orders have been met, but of course there has been no feedback confirming that, as people now have their goods so don’t need to complain.

Artonox;2742447

I said this before but i'll say it again:all these type of auction sites … I said this before but i'll say it again:all these type of auction sites feed on greed - which is essentially gambling. Don't do it, avoid and stick to ebay and such.Out of 20 people, one wins, but the rest lost out big time. It is probably more profitable than a gambling company... with obscene odds.



It is entirely feasible to win a PS3 for for 50p but you would have to be the winning bidder, it is more likely that someone who has helped get the reserve price (Which is listed under each item) met would win, in which case they could have put £20 or even £100 into the reserve pot to win it, put a PS3 for £100 still isn’t bad.

Hope this helps.

Rob
Flookle
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