If I put a Max bid in AS will it bid up graduall or use only what it needs to win.
Thanks
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...AS is what AS bids in your behalf. Ebay will "use only what it needs to win."
Jabbergah
Jabbergah
Yep! Except for the timing, bidding with AS is just like bidding at eBay. AS places only one bid for you, that's your max, and it's a 'proxy' bid.
So if my max is 150.00 and last bid was 100.00 AS will bid 150.00 to win
Yes, but you will win for $102.50 (only enough to win)
>> Click Here << to learn about 'proxy' bidding.
>> Click Here << to learn about 'proxy' bidding.
...the issue a little -- the proxy bidding that works for you works for everybody else too!
In your example, you said the winning bid is at $100 when AS places your $150 bid. Well the winning bidder holding the $100 bid may ACTUALLY have a proxy bid at $115. In THIS case, your winning bid would be $117.50.
It is AS's job to place your max bid near the end of the auction. It is Ebay's job to sort thru all the bids and award the item to the person submitting the MAXIMUM bid at the winning bid that is 1 bid increment higher than the 2nd highest bid.
Make sense?
Jabbergah
In your example, you said the winning bid is at $100 when AS places your $150 bid. Well the winning bidder holding the $100 bid may ACTUALLY have a proxy bid at $115. In THIS case, your winning bid would be $117.50.
It is AS's job to place your max bid near the end of the auction. It is Ebay's job to sort thru all the bids and award the item to the person submitting the MAXIMUM bid at the winning bid that is 1 bid increment higher than the 2nd highest bid.
Make sense?
Jabbergah
quote:YES! sorry, forgot about that.
$100 bid may ACTUALLY have a proxy bid at $115.
So your bid of 150.00 will be like have a proxy bid with ebay
A proxy bid, only a one time, last moment shot!
