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Its not an auction if bidding costs money regardless if you win or not. Its more of a raffle.
by utnick 18y ago
Its not an auction if bidding costs money regardless if you win or not. Its more of a raffle.
- run4yourlives 18y agoBut you are buying the right to bid. One could argue that it's a separate service altogether, like a costco membership that's graded on how much you buy.
- patio11 18y agoHave you seen their 100% Off auctions? You're buying the right to bid, to buy something for $0 regardless of the final price? Come on, this is going to get slapped down so hard it isn't even funny.
- helveticaman 18y agoBut it's no more stochastic than chess.
- owkaye 18y ago"Its not an auction if bidding costs money regardless if you win or not. Its more of a raffle." Show me the law that says this and I might begin to believe that you have a point here ... but right now I do not. I don't know much about auction laws, but I've never heard of it being illegal to charge for participation, and if it is in fact illegal then there must be someone online who has complained about it or files a case somewhere ...
- newsycaccount 18y agoDemonstrate how it is different from a raffle.