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Bids in the last few seconds

 
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gixer
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PostPosted: Fri Dec 25, 2009 8:46 pm    Post subject: Bids in the last few seconds Reply with quote

Item 160389283658.

The winning bid not a increment more than 58.55. Ebay takes all the bids in the last N seconds and picks the highest. I thought N will be about 10. But looking at this case it seems like atleast 15.
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juangrande



Joined: 09 Aug 2007
Posts: 889
Location: San Diego, California, USA

PostPosted: Fri Dec 25, 2009 9:22 pm    Post subject: Reply with quote

Here is the relevant part of the bid history.

Code:

   Bidder      Bid Amount      Bid Time
   ------      ----------      --------
   t***e      US $59.00      Dec-25-09 14:06:12 PST   
   n***a      US $58.55      Dec-25-09 14:06:23 PST   
   i***o      US $56.00      Dec-25-09 07:18:57 PST
   r***a      US $55.99      Dec-25-09 14:05:58 PST
   r***a      US $52.99      Dec-25-09 14:05:43 PST
   i***o      US $51.00      Dec-24-09 23:32:57 PST
   s***g      US $50.00      Dec-25-09 14:00:08 PST
   e***d      US $45.00      Dec-24-09 11:39:53 PST
   i***o      US $41.00      Dec-24-09 22:13:46 PST


Notice that the winning bid was placed earlier (14:06:12) than the 2nd-highest bid (14:06:23). Before n***a bid, t***e was winning with the showing bid at $57.00. When n***a bid $58.55, t***e's bid of $59.00 became the winning bid: we know it is the exact bid since it is less than an increment ($1.00) more than $58.55.

There is no limit to the number of bids eBay will accept, and valid bids are accepted right up until the auction ends (including the last second).
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