This new feature was added to make bidding more convenient and less time
consuming for our users. Now, whenever you place a bid on an item, you can
enter the maximum amount you are willing to pay for it- and forget about it
until the auction ends ... well almost.
Once you click the "confirm bid" button, our system will compare your bid with
other bids for the same item, then the system places a bid for you using only
as much of your "Max Bid Amount" necessary to make your bid the highest bid. Of
course, if someone else has already bid a higher amount, you will not be the
highest bidder.
We will notify you of this via email, and if you decide that you might be
willing to spend a bit more, you can increase your "MaxBid Amount" simply by
bidding again.
Once you are the highest bidder, our system will keep bidding for you (in
increments of 25 cents) up to your "Max Bid Amount,"every time someone else
bids on that item. This means you don't have to keep coming back to re-bid
every time another bid is placed.