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Someone explain this

 
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crisleeloo
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PostPosted: Sat Aug 20, 2011 5:23 am    Post subject: Someone explain this Reply with quote

Look at this bid history:

hxxp://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&_trksid=p4340.l2565&item=190566218056

Now look at the last 2 bids.

Why did the winner won?
The bid increment for the GBP 150-GBP 300 range is GBP 5 and according to official time the bid was placed a second after.

I was not involved in this. I'm just curious.

Confused
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Joined: 09 Aug 2007
Posts: 7970
Location: Bristol, UK

PostPosted: Sat Aug 20, 2011 5:31 am    Post subject: Reply with quote

The bid increment rule for bidding applies to the current auction price when a bid is placed.

In this case the auction price was GBP 161.99 when the winning bid was placed so it met the rule... the actual bid of GBP 175.00 was not even visible until after the winning bid was placed.

To make it clearer eBay provides a 'Show automatic bids' link at the top of the bids once pressed it shows you how the auction price rose with the bids.
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crisleeloo
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PostPosted: Sat Aug 20, 2011 5:50 am    Post subject: Reply with quote

Of course!

Thanks.
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