| Question : |
The gun was selling for $900. I made an EZ Bid for $1000. Someone else later made a bid for $1000 too and took my winning bid! Why didn't I get the winning bid at $1000? I placed my bid first?! |
| Answer : |
In the example above, this is what happened: The gun was at $900
(and has $50 bid increments) when the EZ Bid of $1000 was placed, it
automatically placed a bid for the $50 increment above $900, which is a bid for
$950. Another bidder then placed a regular bid for $1000, to counter the
previous bid of $950. The other bidder's $1000 bid is valid because the EZ
Bid responds to other bids in minimum increments and does not block other
bids that are at its maximum. |
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