Answering the how much people spend, I can't say what the average person does, but I can tell you I've personaly spent right around $350 there. In fact it's where I won my S-12. I've also won a FN 5.7 and a few accessories. I bid under the name Trigerhppy and you can see me listed under the closed auctions section. I've been bidding there since October I believe. Granted, I have done much much better than the average person, but it's not a scam.
Thanx for the sharing your experience, I wouldn't call it a scam either, would you agree to a gambling aspect to it?? And did you pay $350 total for the S12?? And if you dont mind me asking, if you had lost the auction, would you have been out the entire amount??
I'd definitely say it has a gambling aspect to it. The ~$350 I've spent is the total for everything I've won, although probably closer to $400 when I factor in shipping. That's for a Magpul stock, surefire light, and 2 different types of Magpul foregrips, the S12 and FN 5.7 . I've been able to get a fair amount because I also won several bids packages. For the S12, I think I had to bid around 60 times and then $25.19 for the actual gun when I won. If I had lost the auction, and I have lost many others, I would be out the amount I'd already bid.
Most of my wins were back when it cost $1 per bid, but now they have different packages anywhere from $0.97 a bid down to $0.70 depending on how many you buy.
I love it, it's exciting and entertaining as long as you control yourself. Even when I'm not bidding I watch the site just for the fun of it.
I edited this to make one more note. I won that shotgun back when they were using GPal. Many of you who've heard of GPal know that that means guns4pennies didn't get paid for that, because GPal is a scam and keeps peoples money as any internet search of their name will tell you. But despite getting stiffed, guns4pennies still sent out the gun and other auctions I won. I know penny auction sites get a bad rap, and there are some out there that are pure scams, using bid bots, or not sending out won items, but these guys are as far from that category as possible. Really nice dealing with an honorable company.
Edited by Trigerhppy, 14 February 2011 - 09:55 PM.