Automated BOTs in domain name auctions

[johnpham]

Yesterday I went in and auctioned four expired domains on Godaddy, and this is my first time bidding.
All four domains make me very satisfied, but the price is perfect.
But as soon as I place a bid, there is always someone else bidding immediately higher, I did about 7-8 times in a row, but there is always a new price after I click.
And therefore, I cannot win at a fair price.
Are BOTs always involved in these auctions?

 

[J0E]

It is called proxy bid.

When you are bidding on a domain, you can just enter the maximum amount you are willing to spend on that domain. The system will automatically bid on your behalf until the maximum set amount is reached.

Only then you can get outbid.

 

[johnpham]

It is called proxy bid. Not bots.

So when won't it automatically outbid me?

 

[J0E]

So when won't it automatically outbid me?

I edited my above reply with additional explanation. You can also google "Proxy Bid Godaddy" to know more.

 

[johnpham]

I edited my above reply with additional explanation. You can also google "Proxy Bid Godaddy" to know more.

So are these all my prices? No one else bid? And if when the auction ends, will I win?

 

[DDubers]

If you are highest bidder, you will win. You can also expect some bits minutes before end of bidding time