Record MadBid iPad Price

Yesterday MadBid sold an iPad 3 for a record high of £302.60. Just for fun, let’s calculate how much profit MadBid made from this one auction, shall we? Assume that all credits used were bought in yesterday’s BOGOF at 5p each. It’s 8 credits per bid on an iPad. So that’s 40p a pop. £302.60 […]