on 06-12-2013 09:17 AM
No, your bid is a binding contract, and if you win you are required to pay. You can contact the seller and ask if they will cancel your bid, but they aren't required to do so. Don't get started out on the wrong foot here. Read the rules and policies before you get yourself in trouble.
on 06-12-2013 10:07 AM
AND to 'piggyback' all the savvy above responders, may I add that you aughta put items of interest in your 'watch list' till you decide whether or not you really want something.......You certainly don't want any UPI strikes.