John S.

I heard this site advertised on the Howard Stern show, so I thought I'd check it out. My first impression was, "Wow, what a great idea, plus a chance to win items up to 95% off SRP... Great!
Once I learned the concept of the bidding system and how Snaglo makes $, I came to realize that it was no different than throwing away $ at a game of chance at a carnival. The bids are designed for suckers who fall into the trap that they can actually get something for nothing.
I purchased the lowest bid package ($37.50 - 50 bids) just to see if I was wrong, and began to bid on a DVD, a product that historically went to a bidder with only 3-4 bids max. As soon as the timer got down to 3 secs left someone began to get into a bidding war with me. This went back and forth with me till I dumped approx $8.00, until I eventually stopped to let the other person win.
I honestly believe this site is running fraudulent activities by planting their own people on the site with 100's of free bids to drive up the price and take people $.
Eventually a network like 20/20 or Dateline will cover a story on them, which will expose them for their illegal activities... watch.