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[quote="Sumflow"][color=#151B54]Dodgy Geezer came up with an important tip. The first bid not only has the advantage of time, but it must be beat out by the minimum bid increment in order to win. So when you place your snipe earlier they need your [/color][color=darkred]"price plus minimum,"[/color] to beat you out.[quote="Dodgy Geezer"]Your bid has to be higher than the current price by a set margin. If it is just a small bit higher it will be rejected.[/quote][color=#151D54]What this means is that you can have a higher price and still lose unless you get there first.[/color][/quote]
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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Sumflow</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu Nov 10, 2011 11:00 pm<span class="gen"> </span> Post subject: Incremental bids</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="color: #151B54">Yeah its like Cupid said:</span></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>Cupid wrote:</b></span></td> </tr> <tr> <td class="quote">..the bid increment is based on the current auction price..</td> </tr></table><span class="postbody"><span style="color: #151B54"> ..not on the hidden high bid. A winning bidders maximum bid must exceed the current auction price by a full increment, but it only needs to beat the first losers highest bid by one cent to win. <br /> <br />As far as a time advantage goes, as long as you have the maximum accepted bid, it does not matter when you place it. But when two bids are the same price, or the later bids fail to exceed the first bid by a full increment, the first bid wins.</span></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>Sumflow</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Thu Nov 10, 2011 11:00 pm<span class="gen"> </span> Post subject: Incremental bids</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="color: #151B54">Yeah its like Cupid said:</span></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>Cupid wrote:</b></span></td> </tr> <tr> <td class="quote">..the bid increment is based on the current auction price..</td> </tr></table><span class="postbody"><span style="color: #151B54"> ..not on the hidden high bid. A winning bidders maximum bid must exceed the current auction price by a full increment, but it only needs to beat the first losers highest bid by one cent to win. <br /> <br />As far as a time advantage goes, as long as you have the maximum accepted bid, it does not matter when you place it. But when two bids are the same price, or the later bids fail to exceed the first bid by a full increment, the first bid wins.</span></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>mario</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed Nov 09, 2011 8:59 pm<span class="gen"> </span> Post subject: </span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">But it has to exceed the current price (if there are some previous bids) by a full increment.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>Sumflow</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed Nov 09, 2011 8:14 pm<span class="gen"> </span> Post subject: Winning bid</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="color: #151B54">A winning bidders maximum bid needs only to exceed the next highest bid by <span style="font-weight: bold">one cent.</span></span></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Cupid</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue Nov 08, 2011 1:38 pm<span class="gen"> </span> Post subject: </span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Yes, biding first is an advantage. <br /> <br />Please note however that the bid increment is based on the current auction price, not on the current high bid. So, if the auction price is less than your maximum bid after that bid has been placed it is still possible for you to lose by less than one bid increment.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>Sumflow</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue Nov 08, 2011 12:31 pm<span class="gen"> </span> Post subject: First bid advantage</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="color: #151B54">Dodgy Geezer came up with an important tip. The first bid not only has the advantage of time, but it must be beat out by the minimum bid increment in order to win. So when you place your snipe earlier they need your </span><span style="color: darkred">"price plus minimum,"</span> to beat you out.</span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>Dodgy Geezer wrote:</b></span></td> </tr> <tr> <td class="quote">Your bid has to be higher than the current price by a set margin. If it is just a small bit higher it will be rejected.</td> </tr></table><span class="postbody"><span style="color: #151D54">What this means is that you can have a higher price and still lose unless you get there first.</span></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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