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I do not knoiw how this is happening

Discussion in 'Ebay' started by TheMatrix, Apr 19, 2009.

  1. TheMatrix

    TheMatrix BANNED BANNED

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    Hello

    I am absolutely new to ebay. I am continuously placing bids on a mobile phone. I have placed 7 bids but always I get Outbid. When I see the bids, all my bids are there but someones bid is always above me.
    He has made just a single bid and the single bid always comes above me with .50 margin.

    Eg. If I place a bid of $20, he jumps over me to 20.50. How is this happening?

    Thanks
     
  2. Erik

    Erik Regular Member

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    O.K. Here's how it works...

    Say that guy's original bid was $50.00

    If no one else was bidding, his bid would show up as whatever the starting bid was. Let's say $10.00

    So you come along and see this guy has a bid in for $10.00 so you bid $15.00.

    Since His bid was already higher, his will auto rebid taking it to $15.50.

    To beat him you will need to enter THE MOST you are willing to pay for it. Let's say you're willing to pay $100.00 Bid that.

    What will happen is, you'll take over, but it won't make the bid amount $100.00 but it will take it one 'tick' higher than his MAX Bid of $50.00 leaving you the High Bidder at $50.50

    Then let's say at the last minute some other guy comes by and sees that you're winning at $50.50 he might bid $75.00. But you had already bid higher so you will jump back to the top with a bid of $75.50.

    This is done so that you won't have to sit there right when auctions end trying to get a last bid in if someone outbids you.
    Hope that helped.
     
    • Thanks Thanks x 1
    Last edited: Apr 19, 2009
  3. TheMatrix

    TheMatrix BANNED BANNED

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    Ok!
    Thanks Erik Zapsa