bid timing

"Question: Who gets the item?"?

You do. Any portion of your $125 bid that is not needed to top the next highest bid by one bid increment is held in reserve ("proxy") for you by eBay, to be applied in case of other bids up to the maximum you bid. The bid increment at $100 goes to $2.50 so your $125 bid is higher than the $120 bid by not just one, but two increments. Assuming that's the way the auction ends, your final and winning bid would be shown as $122.50. There would be no indication of how high your maximum bid actually was.

Always remember: it's not who makes the last bid, it's who bids the highest amount subject to the increment rules. Your $120 bidding rival would have had to bid at least $127.50 to beat you.

Steve- Thanks for confirming what I thought. After reading a bunch of other posts about lead time, I was beginning to get worried.
tedbink

I need a new verification email from you.

Just because your $125 bid doesn't appear on the auction page doesn't mean it disappeared into thin air. The leftover part of it is still there, waiting in case of a time of need.

What do you mean, a "verification e-mail?" I don't work for AuctionSniper and I don't have your e-mail address.

Steve- You got caught in my attempt to get on the forum. Sorry. To get on, the forum has to verify my email. But I could not find a way to communicate with forum admin or tech. So every chance I had, I asked for a verification request to be re-sent to me. It finally got through (after 3 days) and I got on the forum and was able to post my question. But my request for verification keeps re-appearing. Maybe itwill go away next time.
tedbink

I need a new verification email from you.

I'm not sure I understand what you're saying. In order to post in this Forum, you must first register with your username and a password. You begin the process by clicking on "register" at the top of this page. What's with the e-mail and verification?

After registration they send me an email that

I need a new verification email from you.