• 2012 September 01

Company Description

Edibid offers online food ordering service that resembles a game wherein users name their own price and restaurants set the odds.

Edibid turns online food ordering into a game; users name their own price and restaurants set the odds. The service works by taking small discounts, such as those that restaurants typically offer through punchcards or coupons, and converting them into a probability-based game. When users name their price for a meal, their odds of winning depend on the discount that restaurants offer. If they win, they pay their price; lose and they pay retail.