[janyce16]

Searching the web for penny sites i came across this site, don't know if is a penny site, anyways this is what horneto is: "Horteno is a people to people money auction site, where people increase the auction amount and the final bidders will get the auctioned money. Usually the auction will be divided between the last 5 bidders but we provide special auctions as well!"

what do you guys think?

[PennyAuctionWatch]

Remember HasteNo.com? Well it looks like the same people are behind this one. Posting more info to the front page soon.

[suzyq]

Originally Posted by PennyAuctionWatch

Remember HasteNo.com? Well it looks like the same people are behind this one. Posting more info to the front page soon.

Does that mean good or bad?

[PennyAuctionWatch]

Originally Posted by suzyq

Does that mean good or bad?

Not quite sure.

[sixtoes]

looks like i would have to be mighty drunk on vodka before i try that site

[Ryan]

Originally Posted by sixtoes

looks like i would have to be mighty drunk on vodka before i try that site

Why is that

[sixtoes]

for one thing
According to their terms horneto.com is subject to the laws of the Republic of Estonia.

also if i want to try win money against other people i will play a lottery :biggriny:

[suzyq]

Their instructions say it costs $1 to place a bid but when you go to purchase your bids it's actually $1.20 per bid. So if you're the only bidder and it closes at $1, you lose 20 cents. Crazy!!!

[Ryan]

Originally Posted by suzyq

Their instructions say it costs $1 to place a bid but when you go to purchase your bids it's actually $1.20 per bid. So if you're the only bidder and it closes at $1, you lose 20 cents. Crazy!!!

I think the prize pool should consist of 95-97% of the prize pool. They could even put in guarantees, so the auction starts at $20 or more.

[PennyAuctionWatch]

An item valued at $11 was actually received from hasteno, however the bidding patterns & usernames/volume per auction on all auctions afterwards seemed suspicious.

[PennyInvestigator]

This will be considered gambling in the US. Risking money to win money is as clear as it gets. Don't expect a refund when the site is shut down.

[suzyq]

Originally Posted by PennyInvestigator

This will be considered gambling in the US. Risking money to win money is as clear as it gets. Don't expect a refund when the site is shut down.

Would that include the cash prizes that some sites offer?

[tanyalove]

Yep pretty sure they look the same too, good job PAW!

[Horneto]

Hi,

I`m the owner of Horneto.com P2P money auction site. Nice to see you are interested in our site. You are all welcome there
Just to clarify similarities with Hasteno.com - I bought their auction platform and transformed it to "P2P money" auction site. I did not change Hasteno design and overall system much because it looked quite good.
If You have more questions then please feel free to ask!

PS! From Wednesday(12th of november) all auctions start from $10. Hopefully it makes our auctions more fun for You.


Best regards,
Hove
Horneto.com

[lunasol]

Spending money to get money, gambling?

[janyce16]

auction site horneto.com is out of the league, the site close down or they just took it down for good.

[eshopper]

Just curious...how is the bidoncash site different than this horneto site where everyone said it was illegal to bid and win cash? I never went to this horneto site and of course its gone now but it sounds like it was the same kind of site...no?