Reply to "Snipe not happening"

shirleyMember

quote:
Originally posted by luedsthegreat:
I never evewn thought of the bid increment as I have won by 1c more than once.

That's because your winning bid wasn't your FIRST bid placed, but was the top of your proxy.

example: Starting bid is 5.00, you bid 6.00, so you're winning for $5.00. Then I bid 6.01. Ebay accepts my bid because the current "minimum bid" is $5.50, then it raises our proxies, alternating between us, until both are used up. Your bid will hit 6.00 and be used up, but my bid still has a penny left, so I win.

2/9/046:13 PM

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