First of all I want say that I did't win anything from any site, I stopped playing & I don't encourage others, you too please...

Why ? see answer below

As per my understanding:

1. There will be thousands of people playing.

   
   




2. Means those who are playing have invested thousands of money.

   
   




3. Majority will be middle class people, youth & other trader are mostly attracted.(Rich people don't waste their Time, Energy & Risk loosing Money )

   
   




4. There is only one winner for each product & not more 30 products are hosted to bid in a day.

   
   

This applies to all online bidding sites...

Lets calculate online loser's: now

take for example jeetle.in which is very famous:-

1. net users: In India there are around 121 Million internet users,

Check here:- https://medianama.com/2012/06/223-india-has-121-million-internet-users-39-million-3g-JugalThakkarrs-report/

2. No of game players: lets think only .001% users are aware and playing on jeetle then it would be 1210 people per day,

( I can expect less then this. but remember web site is hosted all over india )

3. winners per day: It claim's 4500 winners on their website, since a product is hosted around 5 hrs to 7 days, its not possible to host 4500 products per day or monthly and it did't mention as annually,

And jeetle.in, is Created On 01-Apr-2008. i.e established since 4 yrs + 5 Months, as on today.

Check here---> https://networksolutions.com/whois-search/jeetle.in

So, we take this figure since last 3 yrs then 4500/365*3 days = 4.10, means only 4 winners per day.

To prove this go to https://bestpricebid.com --> Successful Bidders --> View All, which has only 342 Successful Bidders(winners) as on today. since 22 Nov, 2011 18:57:36. if we observe carefully there are 1, 2 or max 3 winners per day.

*Internet users = 121 Million,

Game players per day = 1210 people.

Winner per day = only 4 persons,*

OH! now we have all estimated near figures in hand. Lets calculate loser's.

Lets take only 1200 are playing @ average investment of 1000 Rs each = 12 lakhs.

Public Loss is (1200 players-4 winners)*1000 Rs = 11.96 Lakhs--->This hurts me lot.

I did't include winner's because they are very Happy now & let them happy, otherwise it is 100 % Public loss since they too invested.

This was only our nearly figures to calculate easily, but we have to just increase the playing % and average investment to see how much public are losing per day. because:

1. Really out of 121 Million users we can't expect only 1200 people will play.

   
   




2. Even if we take 4500 winners for annually then also only 12 are wining per day. so increase in winners will not make much difference.

   
   




3. As per reviews just in MouthShut_Official.com claims that some have lost 7500 rs, 10,000 Rs....even 20,000 Rs, also there are people who paid but not played at all due their AMT not credited to their accounts.

   
   




4. This 4 point is nasty to tell, but I have to...i.e Transparency, there are some people working background they are known as web administrator's-who are authorized to watch you, change settings, modifying figures etc etc, their supporting team & owner can disqualify you by saying various reasons which you can never understand.

   
   

Site Owner's Profit = ----- I'm not bothered about their Profit & expenses, because:

1. They will also sell products separately, If i'm not wrong this sites will have their own stores & buy products for whole sale, 40% lesser money as margin as other shopping malls do, Also they take money for hosting / advertising Products etc etc.

   
   




2. The total cost of products hosted will not more then 6 Lakhs. if you believe once I counted, it was only 4.12 lakhs but if big items like car, LED TV, laptop etc...then, there will be little expenses like I have to know their employees, current bills etc etc which they hide from me, So, I can't calculate please.

   
   

From all above figures I understood that if I win a product of worth 20,000 Rs after losing 8000 Rs, only I and site owner is happy , but what about middle class, youth & others about 1,196 people losing their hard earned money.

*So dudes just stay away, find ways in which you can motivate yourself and avoid distractions.

we are here to save each others, not to be selfish.*

I know some people started calculating how much the Site owner's profit would be & wanted to start their own business, yes you can start if you want to be called as sinful, illegal, illegitimate people & take curse of public. Because those who are already doing are being treated so.

*Best of Luck,

if you still don't change UR mind & wanted to play Online.*