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When I looked at the site, most of the items required about twice the amount of tickets that they're worth. If I put a $500 camera on the site and ask for 1000 tickets, I could just ask a friend to buy 501 tickets and then have 499 tickets sold to other people. If my friend won the camera (he would obviously have the best chance), we would have the camera, his $501, and an additional $499. If he happened to lose, we would have his $501 plus the $499 the other people gambled. Even if we put the camera up for $500 and bid $250, we would still lose nothing. Since the site only takes 17% of the money, and we would statistically win 50% of the time, wouldn't this website be easy to cheat?
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