I observed several penny auction sites (bigdeal, quibid, etc) before I decided to take the "leap of faith" on Wavee.com. The features that I thought made wavee different were the win limits (which I like), and the reasonable bid to buy prices (unlike some bigdeal.com who had a Kinect for Xbox360 with a bid to buy prices of $200 (the retail is $149).

I bought 3 items using the bid to buy feature on 12/5/10. One of them, I wanted for Christmas, but when I found out it wouldn't ship until 1/6 at the earliest, I cancelled the order. Here it is 1/19/11, and still no sign of my other two items 6 weeks later.

Customer service is terrible. The first ticket I submitted was to ask a question about something I wanted to buy. Their customer service called me back to help ensure I'd buy it. However, when I try to call about cancellations, or to check on the status, it is nearly impossible to reach anyone. I did reach someone today, and they said that even though the order is still "processing" and it's past the estimated ship date that has been revised three times, it might be on its way to me, so "call back in a few days if you still don't have it."

Also, beware of the hidden fees that pop up after you win an item. Don't get too excited about winning that 30 bid package for 25 cents because there's a $1.99 fee right around the corner before you can collect.

Here's another problem...the bid to buy seems like a safety net, right? It makes you think, "I'll bid on that $200 item, and if I lose the auction after spending $150 in bids, I can spend the other $50 and get the item." The problem is, if you cancel the order due to them taking an unreasonable amount of time to ship it to you, all you get a refund for is the $50 extra cash, so be careful.

In addition, my complaints about penny auctions, which may or may not be specific to wavee. Although there are win limits on auctions for products, there aren't on the bid packages (though there should be). It's just not fun to be on a site like that trying to win bids when the same two bidders overbid to win every single bid package auction for a period of time. How can I compete with somebody that is willing or able to spend 25 bids to win 10?

So I don't know if I'd call it a scam, but it's definitely a shady business that makes its money by taking advantage of its customers. Much more of a gambling site than an auction in my opinion. And, unless you're one of the 1% that can devote countless hours to bidding, don't expect any fantastic deals.

I payed the &75 to this misleading site. After bidding up the credits not understanding that the auction was for multiple items. Once i lost i had the option to use the credits and purchase one of the items for the amount minus the credits. Since i knew i had already lost the initial $75 i went ahead thinking atleast get an item. So all together this dehydrator cost me about $130. They charged my card that day...2 months ago.I have never recieve the item nor can i find a contact number for the company anywhere on the internet. I have taken this as a loss basically but just wanted to let you know it is definatley a RIP OFF!!!

Have won about 6 item from Nov 2010 and haven't received one yet. They say it is due to the holidays. Other companies can ship and you get your items why can't they? They get your money but yet don't deliver the products! Also I have lost alot of bids on winning items due to their counters freezing up. They say it will be taken care of however nothing has been resolved. I keep writing them but no responses.

This web site is a scam!! I joined and was immediately charged $75 which I never authorized! Then when they wouldn't refund my money I decided to try and use the credits to purchase an item and I got timed out and kicked off their site at the end of the auction 4 times. By the time I logged back in the auction was over. I wasted countless hours and dollars trying this site and when I called and wrote to customer support, all they said was I should not have been timed out and they're sorry for the inconvenience. They then charged my credit card twice when I bought a few more credits to give it one last chance. Foolish me!!!

I paid $75 to have credits to participate in their auction and now they have blocked me from signing on stating they do not recognise my password and have me reset it each time by sending me and email.Each time I reset it it fails again. So I am still unable to even see if I have the purchased credits. I do think this is a total scam.