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Old 10-07-2004, 12:31 PM
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Default auction question

Posted By: Howie

I had a ceiling bid on the item which in turn beat that persons bid..They bid again,,,and win...

You don't know if the person who you outbid was the same person who outbid you. If it was only you and the bad bidder going at it then you should be the winner at one bump over the next highest good bidder. If the next highest good bidder was the guy you outbid then you'd be the winner at whatever your bid was before the bad bidder came along and topped you. If the bad bidder forced your final bid to increase to your max bid then your bid needs to be reduced to the normal increment it would've been over the next highest good bid.

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