quote:
Originally posted by Chatter:
I was SHOCKED
to see that a $30 "max" would be upped to the $83 to win! Like him, I had understood
three increments to mean
three bid increments above my max. But apparently
three increments REALLY means
three increments above the current high bidder's max, going into the last few seconds? Wow! With that in mind, then there would seem to be no limit to what one might be obligated to spend, in case of a win. This is especially true when there is a nuclear bidder involved in the auction.
Chatter, you need to read Cara’s post more carefully.
quote:
Originally posted by Auction Sniper Cara:
Bid Enhancement places a second bid if your first bid was too low. The number of bid increments is based on your maximum bid, not on the current high bid.
. . .
Instead we base the Bid Enhancement on your max bid.
I summarized it for you Chatter incase you’re too busy.