Bid Increment

Guest · Posted: Fri Mar 04, 2011 12:14 pm Post subject: Bid Increment

I read in the FAQ's & now I have again in the forum where it's been said that Gixen will not bid or win an auction even when a person places a bid for a higher amount then the amount that actually wins because of it not being above the bid increment.

The bid increment only applies to an active auction & not the final bid at the end of the auction unless there is enough bid at the end to cover the bid increment.

If two different people place a maximum bid at the end for say $100 & $101 then the greater amount always wins which is $101.

Now if $105 was bid instead of $101 then $102.50 would win. The maximum high bid always wins though.

Is this just a matter of your system not placing bids then since this has nothing to do with eBay?

Robert

mario · Site Admin Joined: 03 Oct 2006 Posts: 7254

Robert - absolutely not - Gixen does not play smart when it's about increments. It will try to submit every bid that's equal or higher than the current bid.

When it's about user interface, it will try to warn users that the bid is too low (with different color) if bid increment is not met, but it will still submit every bid that's equal or higher than the current bid. eBay may reject that bid then, but this is ebay's doing, not Gixen's.

Guest · Posted: Fri Mar 04, 2011 1:15 pm Post subject:

If the bid is submitted then it there wouldn't be an issue & it would win.
You could be outbid whether it was by .01 cent, .50 cents or $2 over the other persons bid. The highest bid wins regardless no matter how you look at it.

I know this for a fact because I have seen & won items for under the bid increment as long as the bid placed was higher.

If you don't believe me then you can read eBay's website & see for yourself.

mario · Site Admin Joined: 03 Oct 2006 Posts: 7254

It's not that simple - you can beat high bidder's *maximum* bid for less than a bid increment, but you can't beat *current* bid for less than a bid increment.

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Guest · Posted: Fri Mar 04, 2011 1:27 pm Post subject:

I think I see what you are saying though. The bids you are talking about have already been placed so that is why Gixen needs the bid increment.

Sorry for some reason I was just thinking of the winning bid.

So is then the bid is placed without any trouble & you can still win this way as long as the bid can be placed before someone else has put there bid in?

Guest · Posted: Fri Mar 04, 2011 1:32 pm Post subject:

On a different note:

How many seconds before the end of the auction does Gixen place the bid?

I saw different times listed on the main page then the FAQ page.

Thanks

mario · Site Admin Joined: 03 Oct 2006 Posts: 7254

mario · Site Admin Joined: 03 Oct 2006 Posts: 7254