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How does eBay bidding work?

 
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mario
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Joined: 03 Oct 2006
Posts: 6885

PostPosted: Tue Feb 08, 2022 11:11 am    Post subject: How does eBay bidding work? Reply with quote

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
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PostPosted: Wed Feb 09, 2022 6:51 am    Post subject: Outbid by less than bid increment Reply with quote

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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PostPosted: Wed Feb 09, 2022 12:35 pm    Post subject: Reply with quote

Agreed, this would be a most welcome addition!
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Cupid



Joined: 09 Aug 2007
Posts: 7074
Location: Bristol, UK

PostPosted: Thu Feb 10, 2022 5:56 am    Post subject: Reply with quote

Another argument that 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.
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PostPosted: Thu Feb 10, 2022 5:56 am    Post subject:

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