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it's ripping stupid people off left and right It's not ripping off if people clearly know what they are getting into.
by zaidf 17y ago
it's ripping stupid people off left and right
It's not ripping off if people clearly know what they are getting into.
- dasil003 17y agoThe thing is they don't. I think most people at HN have been introduced to Swoopo based on articles analyzing just how much of a ripoff it is by running some numbers. To the first-time visitor it is not clear at all that they are basically playing a lottery with a very low payout. Calling it an auction is misleading because in an auction you only pay if you place the winning bid. This is more like a raffle, but it's not labeled as such.