BIDS10 — Bidding

I am a regular user of BIDS1o and after spending the few thousands I have realised the following.
In auction mode everything goes smoothly and all of sudden the the site is hanged and u cannot put ur bid even if there is 8 to 9m seconds time and then after a minute or so the site is again ok displaying the message that the product is just sold.This has happened with me 3-4 times even though I was bidding and site was active. So there are certainly ghost bidders and after bidding of any of these bidders the bidding is tactically closed and the winner is declared.
If you look at the winners list of BID10auction, the winners win the items at about 1 to 2% of the cost. Take tha exaple of Pansonic 3 D Tv costing about Rs. 1..5 lakhs. The winner wined this product with less than Rs. 3000. Considering the fact that with each bid placed the bidding value is increased by Rs. 1. Thus for the winning bid of Rs. 3000, only 3000 bids are placed by the bidders. Considering the cost of bid packs in normal case 900 bids ( 600 bids + 50% refund of bids after consumption of 600 bids) can be purchased in Rs. 5000. The cost of each bid is only Rs. 5.5. Spo for placing the 3000 bids, organiser earns only Rs.15300 then how can they give away the item costing Rs.1.5 lakh in Rs 15300. If you calculate this for all the items winned in auction you will realised this. So there are surely ghost bidders who only wins the product and all this is only eye wash and cheating. One should give the thought on this and save yourself from getting cheated and wasting thousands of rupees on betting
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