Outbid but Why?

First, WELCOME to the forum.

>Click Here< to learn about 'Proxy Bidding' on eBay. The bid showing was only the amount it took to stay in the lead, it was NOT the winners maximum bid.

A closer look at the above auction.

The following table has been reorganized and sorted into date order.  First
bid placed is line #1.  That should make it easier to follow the auction.
Two additional columns have been calculated and added.  They are the current 
bid and high bidder, as displayed on eBay after each bid is placed.        v2.2.08
* = Winning bid. 
 
                  Max                       Current Winning
 #    BIDDER      Bid      Day & Time        Bid  &  Bidder
                 (GBP)
  1   rogersteph   0.99   15-Mar  17:51:18    0.99   rogersteph 
  2   chatterbox   1.04   16-Mar  21:16:16    1.04   chatterbox 
  3   chatterbox   5.00   16-Mar  21:18:46    1.04   chatterbox 
  4   43409        8.00   18-Mar  13:03:02    5.20   43409      
  5   chatterbox   7.00   18-Mar  16:31:07    7.50   43409      
  6   chatterbox  10.00   18-Mar  16:31:29    8.50   chatterbox 
  7   andysw999   10.01   18-Mar  21:20:02   10.01   andysw999  
  8   andysw999   11.03   18-Mar  21:25:17   10.50   andysw999  
  9   27aurora   *15.01   19-Mar  19:02:53   11.53   27aurora   
 10   andysw999   12.53   19-Mar  21:56:23   13.03   27aurora   
 11   the5rs      15.00   19-Mar  21:59:50   15.01   27aurora   
        End               19-Mar  22:00:00             

Hey Puppy Raiser,

In this grid:

# BIDDER Bid Day & Time Bid & Bidder
(GBP)

7 andysw999 10.01 18-Mar 21:20:02 10.01 andysw999
8 andysw999 11.03 18-Mar 21:25:17 10.50 andysw999

I don't understand why the winning amount went from 10.01 to 10.50, when it was the same person doing the bidding. I didn't think you could outbid yourself on ebay. ??? -Janie

One moral of this auction is that the pennies can be decisive. If the5rs' snipe had been £15.02 it would have been the winning bid!

(I know this because £15.01 is less than a full bid increment above £15.00.)

quote:

---

I don't understand why the winning amount went from 10.01 to 10.50

---

eBay will always try for a full bid increment above the next to highest bid. In line 6 the max bid was 10.00 The next bid increment above that is 10.50. (This is one of the few times the price will increase when you are already the high bidder)



[This message was edited by Puppy Raiser on March 24, 2004 at 04:26 AM.]

Finally found it.

eBay help page --> http://pages.ebay.com/help/buy/bidding_change_bid.html
Paragraph 4

thanks Puppy Raiser. I never knew that one!