Difference between revisions of "Auto-Bid"
| Line 2: | Line 2: | ||
To place an auto-bid: | To place an auto-bid: | ||
| − | Enter the | + | Enter the max bid you are prepared to pay in the bid box |
Select 'Auto-bid' | Select 'Auto-bid' | ||
Click 'Place Bid' | Click 'Place Bid' | ||
Revision as of 00:23, 31 March 2017
Auto-bids keep you in the lead by placing a bid for you whenever you’re outbid. When you’re outbid BuddyBid will place the minimum allowable bid until you win the auction or your auto-bid is exceeded.
To place an auto-bid: Enter the max bid you are prepared to pay in the bid box Select 'Auto-bid' Click 'Place Bid' Confirm your bid You're done. BuddyBid will keep you in the lead until you win or your autobid is exceeded You can increase an existing auto-bid by placing a higher value auto-bid. No additional bid will be placed if you lead the bidding. You cannot decrease the value of your auto-bid.
How it Works
If your auto-bid is below or equal to the reserve, your maximum auto-bid will be placed. If an existing auto-bid is greater than yours, your auto-bid may also jump to it's maximum, and be immediately outbid.
If your auto-bid exceeds the reserve, a bid will be placed equal to the reserve. You will then lead the bidding until your auto-bid is exceeded.
If another member places a bid equal to your auto-bid, your maximum auto-bid will be placed. It will appear as two consecutive bids from you.
Auto-bids have priority over normal bids of the same value as they were placed earlier.
