Difference between revisions of "Auto-Bid"

Revision as of 05:54, 12 May 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.