For example, if the current bid on an item is $60, and my max. bid is $150 , will I only pay one increment above $60? ($61)? and will my chances of winning be greater if my max. bid is really high?

quote:

will I only pay one increment

AS places only one snipe/bid, which is your max amount. Ebay sorts out the rest.

quote:

will my chances of winning be greater if my max. bid is really high?

Yes.

Ummmm?? so I would end up paying all that money....?? I'm new to all of this, so I'm really comfused. If someone can help,please let me know because the auction ends tomorrow at 10:00am.

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so I would end up paying all that money....??

You would end up paying "all that money" that it takes to win, unless you weren't the highest bid.

ok, so that would be like the example I put, I would only pay one increment above $60 if that was somebody's highest bid at the time the auction closed?

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I would only pay one increment above $60 if that was somebody's highest bid at the time the auction closed?

Yes.

Thank you

Well... I WON! I paid more than I expected, but I really wanted the item. I will never go back to being a normal bidder again!!

Another happy ending.

Welcome to the wonderful world of snipers

thanks! i love it, i won my second auction today! i could get used to this....