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<p>[QUOTE="satootoko, post: 219353, member: 669"]Not necessarily. All you actually know is that you were outbid by <u>at least</u> $1, the standard EBay bidding increment for bids between $25 and $99.99.</p><p><br /></p><p>The way automatic bidding works, even if the winner had bid $500, the final price would have been exactly one bid increment higher than your next best bid.</p><p><br /></p><p>The only exception to that rule occurs when someone else's maximum bid is above the current price, and you enter a bid sufficiently above the current price, but less than one increment above that hidden bid. In that situation it is possible to lose by 1¢. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p><br /></p><p>A couple of years ago my snipe - $355.17 - was placed 2 seconds earlier than someone else's $355 snipe. I won. <img src="http://bestsmileys.com/cheering/1.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>If the timing had been reversed, my bid would have been rejected for being less than $5 above the current bid, and I would have lost.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 219353, member: 669"]Not necessarily. All you actually know is that you were outbid by [u]at least[/u] $1, the standard EBay bidding increment for bids between $25 and $99.99. The way automatic bidding works, even if the winner had bid $500, the final price would have been exactly one bid increment higher than your next best bid. The only exception to that rule occurs when someone else's maximum bid is above the current price, and you enter a bid sufficiently above the current price, but less than one increment above that hidden bid. In that situation it is possible to lose by 1¢. :eek: A couple of years ago my snipe - $355.17 - was placed 2 seconds earlier than someone else's $355 snipe. I won. [img]http://bestsmileys.com/cheering/1.gif[/img] If the timing had been reversed, my bid would have been rejected for being less than $5 above the current bid, and I would have lost.[/QUOTE]
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