I have noticed some URL targets on PPV with ridiculously high opening bids. Like $2.20. And that only puts you in like 4th place
Since I cannot imagine that anyone would be able to make that profitable, my suspicion is that the PPV networks have a relationship with the advertiser, and they set the minimum price so high to discourage affiliates from bidding on them, but not so much that some people might not just give it try and see if they can make it profitable anyway
Is there any truth to my suspicions?
Well TBH with leadimpact it means that LI is bidding that high on the keywords but its completely different with Trafficvance, I'm bidding as high as 1.5 and in somedays 2 bucks on a list of urls but the CVR is 20% +
What's TBH?
To Be Honest
GTFO, IMO that CVR for your PPV URLs is rather good TBO. LMFAO 
Just had the same case again, This time a Revshare offer with commission up to $100. I'm bidding up to 1.5 Dollar and seeing up to 150 % ROI ...
It doesn't really matter how much you're bidding if I'm profitable I don't care how much I'm gonna bid to get more traffic 
9 out 10 times its a fake bid so do not go even bid close to bidding that high ...