TheObscureGamer

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TheObscureGamer

I was bidding on a comic book on Ebay some minutes ago and during the last 1 minute of the auction there was 1 bidder and the price was currently $1. In the last 10 seconds of the auction I bidded $1.04 and the auction ended it said I lost and when I went to see the winning price it was the exact price that I bidded. How is this possible?
- July 11, 2015
1. Show previous comments 6 more
2. billysastard
  
  thats not always true the first bid could be $1.04, it would show as 99 cents then when you entered $1.04 his auto bid would match yours and he placed it first when he originally bid.
  
  July 11, 2015
3. TheObscureGamer
  
  ah that makes more sense not thanks!
  
  July 11, 2015
4. Philflound
  
  Here's a better explanation. Pretend I bid $5 for the comic you wanted. Since I was the first bidder, the bid goes in at $1. If you bid $2, the current bid would be like $2.25 or whatever increment Ebay would place on it and it would still be mine since my bid of $5 is still higher than yours. If you then bid $5 exactly as your bid with the 10 seconds left, the winning bid will go to me, since I bid $5 before you did. If you had bid $5.01, the winni...
  
  July 11, 2015