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How do maximum bids in ebay get executed?

 

How do maximum bids in ebay get executed?

Let's say Tom bids $10 for an item, and Dick enters a maximum bid of $15, but it only displays as $11 to best $10. Then let's say without being necessarily accurate about the time intervals that with 2 seconds remaining before auction end Harry enters a max bid of $20. Would he surely win the bid barring any manual intervention by Dick? Or would something to the effect of the following play out on eBay's computer?

  • Harry's bid proxy enters $12, taking 1 second, and a second later Dick's proxy bids $13, winning the auction as it then subsequently ends with no time for any more bids to take place.
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Re: How do maximum bids in ebay get executed?

That is pretty much it.

I would place my highest bid in the last 30 - 60  seconds of an auction ending, and would bid an odd increment, such as $20.11c rather than a whole number.

There is a very slight lag, so someone physically clicking in the last seconds can be outbid by a proxy

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Re: How do maximum bids in ebay get executed?


@sakh7905 wrote:
  • Harry's bid proxy enters $12, taking 1 second, and a second later Dick's proxy bids $13, winning the auction as it then subsequently ends with no time for any more bids to take place.

No, they don't go back and forth like that. When Harry's bid comes in, his maximum ($20) is simply compared to the current leader's maximum ($15) in one operation, without regard to where the current price is. Assuming no other snipes at the end, Harry wins at $15.50, (Bidding increments in that price range are in 50¢ steps.)

 

Hmmm. I wonder wny the OP has been NARUd already...?

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