Hi,
can anyone explain how I was outbid by 1c??
I used AS, and the winner beat me by only 1c. I thought the minimum jump was 50c - $1
thanks,
(a newbie!!)
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quote:
In the example the current bid price was $15.00. Placing a $20.01 would reach the next increment and would then outbid the $20. One need not win by a full increment, one need only reach the next increment for the bid to be placed, and since $20.01 is the high bid, they would win. That's why so many people bid uneven amounts.