Swoopo is on the face of it, a great place for a bargain, they advertise sales such as Nintendo Wii’s for only £20-50. Sound’s great. However, as always, there’s a catch, but perhaps not one that will deter you from joining in.
Basically, Swoopo is an auction site where you buy an amount of bids before you are entitled to place any. Quite different to the likes of eBay. Bids bought directly from the site cost 50p each and can only be bought in great numbers. So that is how they make their money. So it appears a win-win situation.
However, some users have reported spending more than £70 on bids before they were successful on any items. Some claim it is impossible to win just one auction, but users are advised to monitor some auctions to see just how the site works before jumping in placing bid after bid, literally throwing money away.