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<p>[QUOTE=&quot;rlm&#039;s cents, post: 371936, member: 7957&quot;]You will find a couple threads here discussing these.&nbsp; They can be a boon if you know what you are doing or you can get burnt if you don&#039;t.&nbsp; As a for-instance, if someone is selling 10 items and the bidding is $1, $2, $3, $4, and $5 (opening bid = $1):</p><p>if you bid $1 for 1 item, 6 items will sell for $1.</p><p>If you bid $1 for 10 item, 10 items will sell for $1, but you only won 5 of them.</p><p>If you bid $100 for 1 item, 6 items will sell for $1.</p><p>If you bid $100 for 9 items, 10 items will sell for $5 and you get 9 of them.</p><p>However, if you bid $100 for 10 items, you win all 10 for $100.</p><p><br /></p><p>All items sell for the 10th highest bid.&nbsp; If you bid correctly, you can usually get a bargain because most people do not understand how to bid them and, therefore, don&#039;t bid.[/QUOTE]</p><p><br /></p>

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