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Although it looks like too good to be true, it is very real. The bidding sites actually get a additional money than they devote to the new items. Right after customers want to buy the legal right to bid, on Quibids, a package of 100 bids is worth $60, with this increasing 60 cents per place a bet. So if you placed one bid and won the iPad at $20, you’ll then actually spend $20.60 around the item.
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