The Worst Deal Ever

Someone please help me understand this.  I looked at gift cards on ebay, and a lot of them are selling for more than the value of the gift cards.

There was one gift card for Amazon that was worth $100, but 9 people had pushed the bidding on it up to $191.50 with three and a half hours still to go.  I’ve tried to come up with some explanation, but with no success.

Are sellers just taking advantage of people who are really bad at math, or what?

Published in: on January 3, 2011 at 3:19 pm  Leave a Comment  

The URI to TrackBack this entry is:

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: