Oh man, p, where do I begin.
First off, Gb has it right. The one guy that had maybe planned to spend as much as you did may have seen your bid and decided to wait for the next one. How in the hell can you not see that?
Cbid does NOT REQUIRE you to enter 2 bids. You can either enter a single bid OR your max, auto bid. As far as other auctions go, yes they are a little more simple in the way of the max auto-bid, ala ebay. Personally, I like that you can see what the present bid is in the first window.
Next, a deal made with a BOTL is not even close to the same as an auction!!!
Finally, so you're saying that any time I "misrepresent" my bid price, I can get out of buying cigars from CBid? Well that's pretty cool. Now I can change my mind anytime I want. If you really think that's possible under your Biz Law 101, then get a lawer and fight it. Good luck.