beyondthebreach wrote:Something I have been curious about for awhile is the use of what I refer to as "token" bidding. That is, placing a ridiculously low bid on an item that has absolutely no chance of winning -- I see it done all the time (and by many members of the forums) . . . and I just am wondering why?
Aneoth wrote:I have no idea if this is even possible for a seller to arrange a situation like this, or if I am somehow imagining things, but I have the strangest feeling that if I bid high on some items in some auctions that my highest entered bid amount automatically becomes the new current bid amount. In other words, when the opening bid of some auction is one penny and I know the item is worth a couple of hundred dollars. So, I place my highest offer (Say $179.93) and that exact amount becomes the new current bid. To the exact penny! And yes, I have seen this happen on MANY occasions. At the very least it is totally freaky, but is it possible for a seller to arrange an auction so that any given bidders highest bid amount is automatically generated to be the new current highest bid amount?
Jupp wrote:Aneoth wrote:I have no idea if this is even possible for a seller to arrange a situation like this, or if I am somehow imagining things, but I have the strangest feeling that if I bid high on some items in some auctions that my highest entered bid amount automatically becomes the new current bid amount. In other words, when the opening bid of some auction is one penny and I know the item is worth a couple of hundred dollars. So, I place my highest offer (Say $179.93) and that exact amount becomes the new current bid. To the exact penny! And yes, I have seen this happen on MANY occasions. At the very least it is totally freaky, but is it possible for a seller to arrange an auction so that any given bidders highest bid amount is automatically generated to be the new current highest bid amount?
subroc wrote:I have seen this before but they were all on auctions with reserves. Maybe Ebay is messed up and no matter what the reserve price is, if your max bid is above that price it becomes the current bid?
beyondthebreach wrote:There is a logical explanation - trust me there is no "flaw" in ebay's systemLet's take an example:A seller sets up an auction with a $200.00 reserve and a $1.00 opening bid.The first bidder places a bid maximum of $175.00. Since this amount does not equal the reserve, ebay makes it the minimum bid amount of $1.00 (thus encouraging others to bid). His max bid of $175.00 still stands.The second bidder (you) comes and places a bid for 176.83. This bid goes against the max bid of the previous user - since their max bid is $175.00 your bid beats them out. However, since the bid increment is $2.50 and you beat them by less than $2.50, eBay takes your max bid of $176.83.Some bidding situations may seem odd, but I have never seen or heard of an example that didn't have a some explanation.
draco76 wrote:ya sometimes I max 100 ....