My Bid greater than winning bid, but I didn't win..?

[townsend555]

My bid: 387.73
Winning bid: 385.01
Status: BID UNDER ASKING PRICE
item # 220194456252

Huh? I read the link at the "Why did I lose this auction?" link about bid increments, but it clearly says: "A bidder may be outbid by less than a full increment." so the fact that my increment wasn't enough doesn't appear to be germaine. Or is it? I don't see anything in ebay's docs about minimum increments.

Just seeking clarification, I'm not mad or anything. There's plenty of other items. Thanks for a great product!

[nochkin]

The bid increment for this price range is 5.00. So in order to win you had to bid 390.01 at least.
pages.ebay.com/help/buy/bid-increments.html

[Cupid]

Yes nochkin is absolutely correct.

Just to address your quote that "A bidder may be outbid by less than a full increment." ... yes that is also correct BUT only if the current auction price is below the maximum that a bidder has placed as a proxy bid.

In this case steelieslayers' actual maximum bid may have been $390, and if that was the case a bid of $390.01 would have been accepted (as nochkin pointed out) and then you would have won by less than one increment... Of course thats all purely hypothetical now, we will never know what their actual bid was.
_________________
Mark

[townsend555]

[Gixen]

[vprayv0n7d]

I'm still confused about this winning bid stuff. On the item I was bidding on
the high bid was 7.99. I increment was .50 I bid $8.50 but the winning bid
was $8.49 how come I didn't win?

[mario]

At the moment when your snipe was sent to ebay the current bid was already 8.49. This is what counts - not the time when you scheduled your snipe at Gixen, this is irrelevant.

[vprayv0n7d]

Mario;
Ok, I think I understand it somewhat. Although my bid was higher($8.50) than the current bid of $8.49 I still didn't win because I needed to make my bid increase by at least .50 correct? Any suggestions of what to do the next time?

[mario]

That's correct. All you can do is to bid higher, or instead of sniping place your bid early if you feel bid increment advantage is more important than the advantage given by sniping. This depends on the kind of item you are bidding on. If the fair price is well known, sniping is generally less beneficial than for e.g. rare items.

[supporting_member]

[Cupid]