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Increase maximun bid
I am winning an auction by $1 if I increase my bid will it jump up without anyone bidding again?
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Discussions in this board are limited to the original poster and Community Mentors
I am winning an auction by $1 if I increase my bid will it jump up without anyone bidding again?
woodland_gnome
·2 years agoNo. Not unless it is "Reserve not met" in which case you are not "winning" and cannot win unless you do rebid in an amount that meets the Reserve at the time of the bid (the current bid will go up to the exact amount of the Reserve Price).
Or possibly (but unlikely) if you are leading by less than a full increment (which would be a current bid over $100 for $1 to be less than a full increment) the current bid might (but probably won't) go up to the full increment, but then if nobody else bids after that the final price would go back down to the full amount of your present highest bid.
You cannot bid against yourself. Only 1 bid of yours counts towards calculating the price, which is determined by either the next highest bidder's highest bid (plus up to 1 increment) or the seller's minimum (Starting or Reserve Price).