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donny1539
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 Posted: Thu Aug 18, 2016 5:21 pm Post subject: Not sure if my bid is registered |
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Re Item ID 131906156261
I am new to this and am not sure if I have correctly registered for this bid, I was wondering how long it takes for my first bid to show on the current bids list, or does the bid only occur in the final moments. Does the final bid only exceed the highest bid to win or is the full amount suggested used as the final bid? In other words do I pay my nominated amount regardless. |
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Cupid
Joined: 09 Aug 2007
Posts: 8004
Location: Bristol, UK
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| Posted: Fri Aug 19, 2016 2:10 pm Post subject: Re: Not sure if my bid is registered |
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| donny1539 wrote: | | does the bid only occur in the final moments. |
Yes, that is what sniping is, and thus what Gixen does.
| donny1539 wrote: | | Does the final bid only exceed the highest bid to win or is the full amount suggested used as the final bid? |
Yes and No....The bid that is placed is the one that you specify... However, that does not mean that is the amount you necessarily have to pay... This is because the way that Ebay bidding always works is that you never have to pay more than one bid increment more than the next highest bidder. You should always be prepared to pay up to the amount of your snipe though, because it is not until after your bid is placed (no matter when that is) that you get to find out how much the second highest bidder is/was prepared to bid.
| donny1539 wrote: | | In other words do I pay my nominated amount regardless. |
No, not necessarily as explained in answer to the previous question.
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Rickajho
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| Posted: Sat Aug 20, 2016 3:08 am Post subject: |
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| donny, you see that FAQ tab at the top of the page? Click on it, read it - all the basics you have asked about and more have already been answered there. |
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