Reply to "Max bid = what you pay?"

turreboMember

Ok, let me get this straight:

* Price went up to $15
* I bid $51, causing the price to go up to $16
* If no one bids after that, I win and pay $16

* BUT... if the price still is $16 and someone bids $20 (not knowing I bade $51) I still win but I have to pay $21 (or whatever the first increment after $20 is), unless someone bids more than my $51.

Correct so far?

2/26/132:38 PM

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