MadBid reviews, scam or not

So guys I joined Madbid in 2011 but never thought it's a scam. So last week I saw an advert on television and I thought lets try to win something so i added credits for £49.99 which actually did not last long so i added below

I know you all must me thinking what a fool but bear with me i just wanted to win Dyson fan well that did not happen on last 2 transactions you see they are like few min apart, I was low on credit so added more credits which never appeared in my account so i quickly gone for other one but auction ended  and i was pissed so i had 2000 credits and 2000 credits where no where to found. So i decided to google Madbid reviews their was mixed reviews so i decided to check for Madbid scam and I was shocked to see many people are pissed so was I! 

I decided to write to customer service and recieved below reply from them

Well, now I have 2365 credits to waste on the website so i put an experiment to check the legitimacy of this website. I have start bidding on below product 

So i had credit for over £50 and when i started bid the item was on around £17 and 5sec bid was on in place you would think that it was about to end so i placed auto bid on the item i thought if people winning iPhone for £40 to £60 this would be about to end, well guess what i was wrong i item sold for 

Which make me laugh  this is a scam and should be looked into, who in right mind will pay to bid and buy it on the almost same price, I think these people think we all are stupid. I also have recoded the bidding you can see how many times my screen froze on checking but never won. I will upload the video later to the blog.What make me more crazy is when you see below and i can't even get a stupid dash cam for £70 lol and someone won mac for £12.09.

So my conclusion is bidding system is a scam but the money you guys putting to buy credit that you can get back through earned tab at the bottom of the screen so i have spend £180 on the website and i got that in earned so i purchased 

VAX Dual Power Pro Carpet Cleane

Cost me £28 more but at least I am not out of pocket.

My advice to all I might be unlucky but if you want to join the website please have a look of the item  you would like to bid on, even if you don't win be ready to buy something els even if you have to buy more credits but don't let your earned credit go expired!!!

Hope this will help many people who want to join Madbid.