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mario Site Admin
Joined: 03 Oct 2006 Posts: 7182
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Posted: Tue Feb 08, 2022 11:11 am Post subject: How does eBay bidding work? |
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If you ever wondered why you lost when your maximum bid was equal or above the winning bid, please read the latest Gixen blog that explains how the eBay bidding process works, including some border cases, what exactly is done by Gixen, and what are eBay's own features.
https://www.gixen.com/blog/how-does-ebay-bidding-work/ |
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manzaberry Guest
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Posted: Wed Feb 09, 2022 6:51 am Post subject: Outbid by less than bid increment |
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An interesting option for automatic bidding would be - in auctions where one is outbid by less than the bid increment, another automatic bid is placed, to give a second chance of winning the auction.
I have lost a few auctions by less than the bid increment and would have chosen the option of having a 2nd bid placed to win the auction.
An example of this option is for an item where my maximum (automatic) bid is $10. If it becomes the 2nd highest bid and the current price is between $10 and $10.49, another automatic bid is placed for the bid increment amount over the current price. |
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Guest
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Posted: Wed Feb 09, 2022 12:35 pm Post subject: |
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Agreed, this would be a most welcome addition! |
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Cupid
Joined: 09 Aug 2007 Posts: 7756 Location: Bristol, UK
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Posted: Thu Feb 10, 2022 5:56 am Post subject: |
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Another argument that has been discussed many times before.
My take on this has always been, and remains, if you want that option you are not currently entering snipes at the true maximum you are prepared to pay. _________________ Mark
Last edited by Cupid on Mon Apr 03, 2023 4:40 am; edited 1 time in total |
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Posted: Thu Feb 10, 2022 5:56 am Post subject: |
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