Is DealDash a SCAM?
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- Опубликовано: 25 июн 2024
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Chapter Titles:
0:00 What is DealDash?
2:59 How to Bid
4:55 The "Easy" Auctions
6:24 Getting Serious
8:33 The Nintendo Switch Mistake
10:57 Did I Win?
13:30 The Problem with DealDash Наука
Short version - absolutely a SCAM
W
This
It's really not, I got a 10 Walmart gift card for $0.01
Spoilers why
Long version - absolutely a SCAAAAAAAAAAAAAAAAAAAM
Who's to say those other bidders are even real or bots designed to bid higher
That’s the first thing came to my mind, I positive at least 98% of those are bots
He kinda covers that towards the end of the vid. I guarantee that is happening more than people know.
It’s actually been tested and proven before that it is absolutely a scam and you are in fact bidding against bots and the sight itself and it will constantly reset at one second or two and they actually never end they always stay running
Who says 98% lf people arent bots.
this is exactly my thought.. there really cant be this many people using dealdash....
The worst part of deal dash is that most if not all of the bidders are actually bots programmed to bid a cent every time the timer hits 0
thats on top of the existing ebay issue, when everyone is using a bidding buddy that bids for you, whats the point of even doing the auction then? Like i recently bought a brand new coleman 4 person tent recently on ebay. It was like a 160 dollar tent for like 60 bucks buy it now. Why would i risk engaging in an auction for it, where i know everyone is just picking an arbitrary number cheaper than the shelf price by like 20, 30 bucks or whatever and auto bidding? it defeats the whole idea of an auction.
"I won this laptop for ONLY $16."
How much did you spend on bids?
"...........$12,000."
This is basically just gambling with extra steps
Nope just straight gambling
Ooo la la, someone's gonna get laid in college.
I would say worse. No regulation. House always wins no matter what.
You have a higher chance of winning at gambling.
Rick and Morty
"i won this ipad for 43 cents!"
not pictured: 7,000 people who lost 42 cents
It costs $5-$8.60 to bid 43 cents when you use this... they all lost up to $9 so even 7 people the company would make bank
Each 20 cent bid counts towards 1 cent added to the price but I have to spend hundreds for the bids themselves
Now multiply 7000x42 and see how much money they made 💀
This should be illegal. 😮
@@16driver16whaaaaaat no way
What really wouldn't surprise me, is if DealDash only exists on a server - as in whoever set it up likely doesn't even have an office (probably just a PO Box for business purposes) and absolutely definitely doesn't have a warehouse or ANY stock whatsoever. Nobody has actually won a damn thing except MAYBE those gift cards which they probably just buy from their local supermarket.
They just order it and ship it to the winners house. DealDash makes atleast 10x the rrp profit on every item so there is no need to not ship the product.
Dealdash is what you get when eBay, Ubisoft, and EA have a baby
This scam has long been known in Europe. In some countries, it is banned by law. In such auctions, seller bots win.
I have won over 300$ in items for 20$ total lol I saved a lot
@@lilb808 NFT icon, this dude is a pro at falling for scams
@@lilb808cap. Prove it.
Liar!!!! You work for Deal Dash
@@yc6683 bro has a nft profile picture, he isn't fooling anyone😂😂😂
What you're doing is walking into a shop, giving them $100 for the opportunity to buy an item. SCAM SCAM SCAM
yup its absolutely a scam since there isnt transparency
They’re selling the experience/sale not the product.
Nope, more like you're giving them $100 for the opportunity to walk into the shop, let alone the opportunity to "buy" a item.
That's just Costco!!
@@ArsonRabootnot Costco, shoe conventions
Insane scam, I really don't understand how it's even legal. There should be a law to cap the amount someone pays for something above retail value.
ever been to rent a center ?
Good thing you aren't in charge of fiscal policy.
but, even if there was, Deal dash would be skirting that. You are paying for bids. Only so much is being paid for the product. Also, if you win, you are getting those bids back, so technically you can't even add that in. Getting the bids back also makes the numbers look a lot better "I bought a new car for $20k...I got all of my bids back that I paid for, so technically that's all I paid" If they didn't give the bids back to the winner then the claim would be false.
Surprise, it's not! There's a reason they dont' have actual offices and servers in places where they can be arrested!
Wait so if u bid $80 and if you lose, u don’t get the item and you are out of $80?
yep. and you actually dropped $120 on bids, so you still have nods left to lose, so dealdash got $120 out of you no matter what.
@@kittyanyathat is HILARIOUS. And you’re probably not even bidding against actual other people.
Basically, you buy auto bids. Those bids increase the price of the item by 1 cent. Other people put in their bids. When the auction ends, that's the items price. If you didn't win, you lose those bids, deal dash has made it's money, and fuck you buddy. If you win, you've got your bids back only to lose it on something else. They're banking on you buying bids to win an item, if you lose, they win. If you win, you now spent like 100 dollars to pay the final price of the item. They won on everyone and may have taken a very slight loss on you. Implying the item stayed below msrp that it.
Yes lmao
I had a friend that was super into this years ago. Telling me he had bought stuff for super cheap, then the more I asked I realized he had WAY overpaid for everything he got even though the “final price” was an AMaZiNG DeAL! Then realizing that the company not only sold the item for over MSRP to one person but also had a bunch of other people pay close to MSRP and get nothing. It’s really gross. When you crunch the numbers these companies make thousands of dollars off selling a single item worth hundreds.
since they are charging everyone, its amazing they dont get smart and make sure the winner really does pay less. Of course, most of "everyone" is just a bot, so thats why - they dont nee to get smart, the scam is what it is.
crazy that everyone is paying for the item but only one person gets to own it.
crazy that people fall for it
It’s like reverse group buy
even as a kid... I saw the bids on eBay and I thought... no way I rather make sure I'm gonna have it. I never! gamble like this. it's soo stupid... stay away from scams guys... gambling is very bad for your health
@@unkown34x33scams and gambling are two different things. And gambling isn’t bad for you necessarily, you just need to have the correct mind set: don’t go in expecting to make money. If you go in expecting to walk out with statistically 20% less than you came in with then you’re pretty much just paying to play some games… which is a pretty normal thing to do.
Every now and then you’ll win a lot and every now and then you’ll lose a lot… assuming you’re playing games of chance at least. Games of skill you shouldn’t play unless you either really know what you’re doing or you have some cash burning a hole in your pocket… in the latter case; find a nice charity or something.
Nope, everyone is paying for a chance to buy the item.
I've heard that some of the deal dash employees have it set it for them to win so none of the actual customers win the high priced items. Sorta like record company employees buying up all the cds of an album at the music store and then saying "WOW people love our artist, all their albums sold out!"
It's even deeper than this video shows. They would have made tens of thousands of dollars off that one Switch. Even if we know for sure, they shipped it to a real person. Austin spent 400$, meaning every other bidder except one, which also spent between 0 and 400$, didn't win a Switch and the auction wasn't even over yet. It's a complete scam.
I agree it's a scam, but can't you start bidding super late into it? Like to snipe it, or do you have to have a certain amount of bids to win?
@@jsteezy80 Of course you can snipe it. You can snipe it 1000 times and not win it, though. Let's do the math here: Just for this let's say the Switch finally ended at $300.00, which means that there were 30,000 bids placed on it. Every bid is 12-13 cents (that's what Austin said, let's go with 12 cents here). The overall bids placed on that Switch therefore cost $3,600. The winning bidder gets their bids back, so let's say they get bids worth around $400 back. So the net ammount DealDash made from that one Switch is $3,200 in bids, that's also the ammount of money the bidders that didn't win the auction lost. Then of course the winner also has to pay the $300 for the Switch, which is $55 over what it's worth and I'm pretty sure DealDash also buys these products wholesale, so they're not paying MSRP. So they also make money with the Switch.
The higher value the item is and the longer the auction goes, the more money DealDash makes. So I am pretty sure they'd be happy if you go in last minute and try to snipe it, starting a bidding war with another bidder.
This also does not include them using bots to reach break-even prices or something like that (having a bot bid until they break even or make x ammount of money on an item, I'm not saying that's what they're doing, but it's not like anybody could prove that).
@@jsteezy80 I would assume you have to jump in when the auction starts. Either way though, once the bid gets near msrp, the people that weren't there from the beginning aren't out much and have no reason to keep bidding. If you lost $10 in bids, why pay more than msrp to try to get those bids back
@jsteezy80 sorry for the late reply. Yes, you can, but everyone will try to do that. They use a 10-second timer to greatly limit the snipping as there will always be less than 10 seconds to bid each bid. So odds off sniping with 1 bid is near 0.
When I saw the website I knew this has to be a scam
I eat crayons 🖍️
When I seen I got a ps5 for 50 cents I knew this was a scam
The "commercial" at the end 🤣
🗣️ USA! USA!!
Lmao fr that was the best part
I remember seeing their ads YEARS ago I’m honestly surprised they’re actually still in business
Same I remember seeing these commercials as kid back in like 2011
It's because they are hooking people into auction gambling and making money hand over fist! Imagine a $250 retail item that 100 people spend $100 bidding on, and it sells for $101. Dealdash just made $10,101 on an item that cost them $200 or less. Can't beat that margin.
What a scam. It's crazy. I had seen the commercials but always felt weird about them.
We already know its a scam they used to own another site called qid bids. Some shit like that 😕 😪
Back during the penny auction craze. lol. I remember some of the owners used to use the sock puppets to a large degree to reply to bad press of how they won some great deals and the site was awesome. The name was QuiBids and you can find all sorts of legal things going on with that...😄
Can't remember the name either, but I'm 100% sure they used the same logo font.. edit, was it mad bid?
Happy bid day i believe. I remember falling for this as a dumb 13 year old. Crazy how easy it was to create an account, load money, and start bidding as a 13 YEAR OLD!
It's very suspicious that most "people" on the site have a default profile picture. Either they're bots, or the user base doesn't know how to upload a profile picture.
I never upload a profile pic on any website don't need it
Also who would put a bio on a site like that
Some people don't upload picture because they want to stay anonymous online, not everyone are into this sort of personal profile pic thing
@@xXVibrantSnowXx then use a random picture? I am anonymous and I also have a profile picture. It just seems weird majority of people don't have a profile picture.
they are soo ashamed that want to stay anonymous. also possibly illegal
OMG! That commercial was phenomenal! Austin's got some acting talents.
The old saying 'If it sounds too good to be true', it isn't true!'
I always remembered seeing these ads. One of them showed a PS5 that was won for only like $10. This was peak scalp too.
Good point with EBay bidding, I’ve done a few auctions and it’s fun, but at least your not losing money when you lose the auction
that end ad was amazing, Austin must have watched the shopping channel way too much to be so spot on
I remember these commercials as a kid and even then i knew it was scam
Back in the early 2010s, these websites weren't really a scam. My dad did very well on these sites(beezid, bid cactus, etc) there was like 20 different sites my dad used and for like 2 years it was basically like he had a 2nd job winning then selling on ebay. He legit got a starwars edition xbox 360 for a penny ( a bid was like .10 cents). Those were definitely some of my best childhood memories. He had a cobinet in his office filled with ipods, iphones, beats, gaming consoles, gold, basically if it was something he could bid on he would try to win it. The reason he ended up quiting was the sites started putting bots on items to raise the price until they could make money on it.
or he had crippling credit card debt he didn't tell you about lol
@@austin_boosthis is what actually happened, dudes dad had a gambling addiction
@@austin_boos it could be. Like the amount of people that are gullible or blind for MLM, shows me that he just told himself he got it for cheap, as the amount he lost is unknown. I mean even the amount won is unknown to us.
Wait so your best childhood memories was about your dad hunched over a computer bidding on penny sites for hours a day?
@@greenboots5823no, you are saying that, are you ok?
I’ve only seen these ads during late night hours 😂
Lmao when Ken straight up like “I can’t stop whenever I want” that exactly what I say when watching this channel. Getting sucked in to each video, love the channel and content
Bid for more bids.... What the actual hell? Site is 99% botted..
What a guy this Austin is. Getting scammed so we don't have to.
My head hurts from just hearing bids bids bids
Bro I was watching this and got an AliExpress ad 💀
Well that’s at least definitely an upgrade.
I trust Aliexpress more than Deal Dash!
AliExpress is better than wish. i have ordered a few things there, it just takes forever to ship.
I can't remember which site I looked into years ago, but the moment i saw both the price of bids and the number of bids on just any random items. These immediately skyrocketed past any "spend 50 dollars to get an entry, only 1000 entries, win a car" in my eyes as gambling with extra steps.
Keying into just how much this appeals to the older crowd is how similar it is to buying entries into a bingo hall. It's a dollar a board for three rounds. As many boards as you can keep up with. Sure you may get lucky with your one board in the first round but more often than not you're 30 rounds in fighting off Carla clacking off 8 boards like she used to do pro starcraft.
As long as everyone is above board, these kind of operations can work just fine. Charity church penny auctions and what not where you can see everyone and you know that only so much can be spent. But we all should know that there's too many places to hide and the website holds all the cards.
The reaction to the misleading winning/Level 15 Gains LOL I cam crying laughing.
This is HANDS DOWN a gambling version of Ebay
No, it's literally just gambling. Every item is its own lottery. Every bid is a lottery ticket. Once you buy a ticket, the money is gone and you just hope that you win.
Thanks for doing this Austin, people need to see this stuff for what it is!
i could absolutely tell just by those tv commercials at 2AM, that dealdash is bullshit.
remember the golden rule kids, if it seems too good to be true, it is. unless its a micro center deal. but thats the one exception.
That whole site “press X for doubt”
Loved the "ad" at the end. Id rather grandma go to the bingo hall once every couple of weeks then get sucked into a site like this.
You could go to bingo every day. And you have a chance of winning.
Another intentional side-effect of how DealDash does pricing is tricking your price tracker browser extensions into thinking it's a good deal ("You have the best price" @ 3:02)
Ken's barber needs to be locked up lol
Bro fr he could look so much better with a fresh cut
There was one like this in the UK a while back and it didn't last long. It's SCARY how many people are using that site.
I'm glad I didn't imagine it.
@@kieronparr3403can't remember what it was called, but it always seemed Skeevy
This is frightening!!! Thanks for this Video. People need to be aware of this SCAM.
The intro to the “commercial” at the end is freaking hilarious! 😂 😂😂
When Austin growled in frustration there... That's the money shot.
having some Austin time this week i see great to see creators not consumed with work, i enjoy these videos as does my husband from Scotland with love
If it is on an obscure channel, or shit at this point just an ad on cable, its probably a scam lmao.
that was true 30 years ago too, its just even worse now.
Except these were advertising on cable like 15 years ago too. They've been scams since then too
The commercial at the end…. That was worth it all 😂😂😂 I’m dying 😂😂
Great vid, I feel like it's less of a scam and definitely more predatory. It takes just 2 people to get into a "bidding war"...where someone will lose by pennies and the winner over pays. You know that fella Darwi.... never mind. Stay fit!🥂
I was curious if the boat had sold yet.... NOPE
*Thank You Austin* for this Eye-Opener! I've always wondered how it worked & have never even gone to the website. Won't be visiting now for sure!
This was the best episode because Austin's end reaction 😂 🤣 😆 loved it Austin loved it brother.
also the worst part of the site is you have to buy bids than if you win, you have to buy the product as well. its such a weird setup. bots will always bid you up until the company makes a profit on the item.
Alright the commercial at the end got my subscribe lolll
I always see their commercials on local TV. LOL!
90% of gamblers quit before they hit it big
Bro, your closing credits infomercial had me rolling and I instantly sub'd.
The final AD is the best representation of this site lmao 💀
18:15 This is like those ads John Oliver does that tell the truth about a specific topic.
I've known of DealDash since 1999. I live in Hawaii and they will not ship here. In the past year I've seen ads for DealDash again here in Hawaii thinking oh now they ship here, NOT. Waste of advertising dollars.
18:16 let’s make sure this is the next commercial that’s on national TV. 😂😂😂🤣🤣
I've heard of DealDash waay too many times on TV.
Deal Dash, where you get railed like a bit player in a Ron Jeremy movie
The advert at the end was gold!
These sites aren't new. There was one when I was in high school that was big. Bids increased the item by .1 but they make the money on people buying the bids. So scummy.
Deal dash is a gambling site without actually calling itself a gambling site to get around gambling laws and rules.
never been this already on any Austin's video! usually read comments while watching his vids, idk what to do now?!
Me too my man
So early
But the commercial says it's the only fair bidding site. The way I look at it, even if you only pay $19 for a PS5, someone's getting cheated, so it's inherently unfair in that example.
Thank you for making this video. I yell back at the commercials every time I see that the thing is a scam. I always knew it was bad, but damn, this is worse than I ever could have imagined.
Lmao ! I've waited so long for this.
These websites used to be a popular thing 15-20 years ago.
About half way thru the video. I think the best solution is buying bids and using the bid buddy when the product. Is at it over 100 bucks and then activate it.
I remember checking the website out a few yrs back and said this is a scam. You buy bids and then the countdown is reset whenever someone bids. Ridiculous for an auction
Your not getting it for cheap because it was cheap you got it for cheap because everyone paid for your items on the bids.
"There's a lot of things in life that feel really bad, but people do them anyway"
I looked at one of these when they first came out years ago, and the only person who gets a good deal is the winner. And the only reason they get that deal is because all the other bidders are also paying for the item in a pool, they just don't get a anything in return.
Austin, thank you for the letter. You made my son Sawyers day and most likely his week !
Never heard of this website, but yeah. This is a complete scam.
It’s a competition to see who is the “greater fool.”
Love the Austin spin on the commercial! XD
my grandmother was victim of this awhile back she paid 3 times the cost of if she had just ordered it on amazon
They used to do this in warehouses in the UK back in the 90s 🤷🏻♂️
This was thing like 20 years ago, who asked it to be back, it's definitely not scam when they are selling you $6 worth of bids for $78 🤣🤣
I remember pulling up the website myself because I was wondering if the commercials could be true, i immediately left the site as soon as they wanted my credit card info just to look at listings. Im glad I made that decision after watching this video
That end was a hilarious honest commercial skit
The fact that DealDash has been around since 2009 is wild
If it walks like a duck, talks like a duck, scams like a duck...
DealDash: QUACK.
watching Austin's slow descent into deal dash madness.
I didnt expect his ad at the end hahaha
What's Matts new show going to be called?? ❤
Ok so it’s basically an online gambling site
That ads in the end has George Carlin vibes, I love it lol
This sites with micro bidding have backend where you specify when the product can be won by house, and it bids in the background and most of the users are bots...
so Austin lied? he did not buy it
Guessing new content no longer happens on this channel now just rehashing the same ideas!
i remember a different site just like this and even when i was around 12 i could tell the entire process is a scam
Hahaha the ending was the funniest thing I've seen from you... Fucking amazing