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Old 05-12-2004, 11:17 AM
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Default Reserve Price Auctions

Posted By: Aaron M.

You can easily get around E-Bay's reserve price auction. All you have to do is place a very high bid that you believe will be above the reserve and then retract your bid (entered wrong amount). Then you place a small bid that you know will fall below the reserve (or even below the high-bidder if you like). Then you can follow the auction to its end and bid appropriately if you believe the reserve is fair.

The whole thing takes about a minute and adheres to all of E-Bay's bidding rules.

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