Quote:
Originally Posted by E93
This does not keep me up at night (the way this auction will on May 1st  ), but in the given scenario, why could the auction software not accept the 11k bid with an "up to 12k" option. If someone bids 12k, then it registers my 12k bid and tells the latecomer to the 12k level that he has been beaten to punch by an autobid and the next bid is 13k. If he were smart, he would know that there were no more further autobids in place or the next option would have been 14k.
JimB |
I believe this is how ebay autobidding works -- if I place a max bid of $51 and someone comes along and places a $51 bid, I am still the high bidder at $51. But it indicates that the next possible bid is $52, so obviously the $51 is the highest max bid.