Confused on How I won the Auction At My Exact Maximum Bid

[tropicalseaglass]

I had a max bid for $655.85. I won with that exact bid.

What exactly are the odds of that happening? I don't know how that happens exactly.

[Cupid]

It's not as unlikely as you might at first think.

The Ebay bidding system dictates that you pay no more than one bid increment more than the next highest accepted bid, however that also means that if there is a bid accepted that is within one bid increment of your maximum bid, that's exactly what you pay.

The bid increment in that range is $10.00, so any accepted bid from another bidder above $645.84 will cause you to have to pay $655.85. $650 is one such bid and quite a likely one on an item that is worth that sort of money.
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Mark