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How to lose an auction with the highest GIXEN bid...

 
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gregmamishian
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PostPosted: Tue Apr 26, 2011 9:16 pm    Post subject: How to lose an auction with the highest GIXEN bid... Reply with quote

Hi support person,

The current bid was .99.

I entered $1.52 with an hour left in the auction.

The auction closed with a high bid of $1.36, but it was not my bid.

How did I lose when my bid was higher than the closing bid?

I am using the paid version of GIXEN with both the main and mirror site bidding at 6 and 3 seconds.

Very perplexing...

I'm at least thankful that I didn't lose a more exclusive one of a kind item,
but now how can I trust that GIXEN is going to bid on my behalf when it clearly failed to bid on this auction?
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Cupid



Joined: 09 Aug 2007
Posts: 7959
Location: Bristol, UK

PostPosted: Tue Apr 26, 2011 11:19 pm    Post subject: Reply with quote

The bid increment in that range is 0.25:

http://pages.ebay.com/help/buy/bid-increments.html

so eBay will have rejected your bid.

On eBay it is not enough to have a higher bid it must be at least one increment above the current price otherwise it is rejected.

I suggest setting a higher offset, that way you will more often have your bid registered before other snipers push up the price.

This is not a Gixen failure.
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