how did I loose this?

[daysoftheweek]

Could you experts help me please.
I bid 1.79 max bid for something in 19th April at 1 pm. SOmeone bid 1.80 on 21 April at 9PM.

How did I loose it? I thought they would have to bid 1.99 to win.

tia

If the bids are accepted in penny increments then 1p more would beat your bid.

Is this what you mean?

But doesn't it always tell you to bid in certain increments ie from 99p to 1.04 then 1.20 1.40 etc then as the amount goes up the increment does too.

(I'm quite new to this....)
thanks

It does, but if for example the bid was up to 99p when the winner placed their bid then they would have to bid 1.04 or more, so they could bid 1.80 as their maximum, which would beat your maximum of 1.79 which had already been placed.

Sorry that's not very clear - does it make sense?

oh yes thanks but the time of their bid is about 9pm on 21 April so surely since mine was placed first I win?

or thier max would have to be 1.99 (to trump my 1.79)?

No theirs was worth more than yours.

OK I get it but I don't get it sorry

why can't I then win anything by bidding 1p more why all this 1.04 1.20 stuff?

You could, depending on what the other persons max bid is. I thought you could choses your own max bid, can you not change the amount suggested?

OK. You are Bidder A. The person who won Bidder B. And a third person Bidder C.

Bidder C is currently winning item on say 18th April at a bid of 0.99.

You place a bid but set your max to be 1.79 on 19th April. The bid shown on the ebay screen would be that the item is currently selling at 1.04 (prob goes in 5p amounts so you don't get lots of to-ing and fro-ing with people upping the price by a penny)

Bidder B then sees item and decides she would like a max bid of 1.80. The item price jumps automatically to whoever has bid the most. It ignores all the increment business as you've taken away the to-ing and fro-ing.

It is therefore better to put in a random amount like 1.81 and not in a 5p multiple.

Does that help?

not sure if this explains it - if starting bid is 99p and you place your max bid of 1.79 it will show that you are the current highest bidder at 99p. When someone else comes along and they will see your 99p and be advised to place a bid of 1.04 or more or place their max bid. If they place their max bid at 1.80 it will jump straight to 1.80 as it overrides your max bid.

sorry x posts

thanks guys I get that

I bid a max of 1.79 and was winning at 99p as only bidder until 5 mins before finishing time when someone bid 1.80

my question is surely my 1.79 wins because it was placed before the 1.80 and so they would have to bid 1.99 to beat 1.79

if they go straight in with a max bid that beats your max bid then the bidding increments don't come into it

Yeah, basically ebay will charge the winner the lowest amount they could have won with.

The increments are what you have to put in above the current winning bid (the 99p), the the current theoretical maximum that someone has put forwards.

Or, more sensibly: of course you haven't won. They bid more than you.

No.

If you had been winning the auction at 1.79 then the new bidder would have had to bid 1.99 to bid at all.

But you weren't, you were winning it at 99p, so he or she only needed to bid 1.19 to bid at all.

In fact, he or she bid more than your winning bid, so he or she won the auction.

If he or she had bid less than 1.79 then you would have won because you bid more.

If you had both bid 1.79 then you would have won because your bid came first.

But if he or she bid more than you (and was bidding enough above the current selling price at the time of bidding for it to be a valid bid) then he or she wins because he or she bid more.

OK now I get it thanks