This petition was submitted during the 2010 to 2015 Parliament
Closed petition Ban Madbid.Com Advertising Rights
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Madbid.com falsely advertises by conning users into thinking they can win an item for just £10. Firstly to bid the user has to buy tokens and spend around £50 - £100 on the item to win the bid. Most users lose a lot of money and leave empty handed, this site should be registered as a gambling site and not an auction. Madbid earn around 300% of the price the item would have cost to buy, an example is tokens cost on average 10p to bid for iPhone 4 16 GB prices at £499 its 6 tokens a bid there were 5,142 bids and they giving them £3,702 for an item worth ony £499. Make a stand stop people being conned into losing money.
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This petition will stay open until 23 August 2012.