? on auto-bid. If you already have the winning bid on an item and it is the same amount as the auto-bid, can you just raise the auto-bid leaving the current bid alone or do you have to raise the current bid to also increase the auto-bid. I tried to keep this short and simple so sorry if it's a little confusing.

---Auto-Bid---

By selecting the Auto-Bid feature, your bid is automatically updated to increase your chances of winning the item. Each time you are outbid by another user, Auto-Bid submits an increased bid automatically up to a maximum amount determined by you.

To use this feature, enter the maximum bid you are willing to make on this lot. The maximum bid must be at least one bid increment greater than your initial bid. When each new bid is submitted, the system will ensure you still have a winning bid. If you do not, it will raise your bid to maintain your winning status.

Please note that if auto-bid is activated, the bid will be raised for your entire bid quantity. However, once you have reached your maximum bid, you may win a partial quantity. You will not lose the lot until your entire quantity selected has been outbid.

---Editing Bids---

A bid can be modified within 15 minutes of your original bid.

This grace period does not apply during the last hour of an auction.

Bid modifications can be made to current bid, quantity, and auto-bid.

Bids cannot be deleted. See Order Cancellation Policy for further details.

Thanks for responding slim. I understand how auto-bid works but maybe I didn't explain it well enough. I'll give an example. I have a bid of $20 and my Auto-bid has also reached the limit of $20. Can I then go in and keep the current bid at $20 but raise the auto-bid to a higher amount so I don't lose the item. I know I can change it within 15 min. but can I do this let's say next day? Hope this makes more sense and I appreciate the help.

Don't know....when I have gone back and decided I would give more than my original auto-bid, I just waited til I got outbid...then just entered a new bid.

Tried that. Unless you lose, you can't edit a bid that's over 15 minutes past.

What they both said ...

... just wait until you are outbid, then try again. Unfortnatly, you have to hope that the person who outbid you doesn't have his autobid on ... or you will be out of luck getting it for anything less than he has autobid.

Or ... just wait unitl they come up again for bid again (they will), and put the highest bid you are willing to pay in the autobid then ...

Thanks guys. Frank

...seconding Slim. I was looking to win some Kuba Kuba's, but the first box I bid on went for just $2 under what I found I could buy them for. So, I waited, and bid on 5ers and 10's and ended up paying, on average, about $30 less than what a box would have cost.

It took me a few auctions, but I learned that the bus comes by regularly.

Russ

Like fbpaternostro, I wish I could raise my autobid BERORE I lose the auction.

For example:

My autobid is for $19. The current high bid is me at $19. The auction increment is $2. I would like to raise my autobid to $21 WITHOUT affecting my current bid.

Someone recommended that we simply wait to get outbid and bid again. That's fine if the bid increment is only $1. Some auctions have a $2 or even $3 increment. Waiting to be outbid and then topping someone else might mean spending another $6 for the lot while adding another $3 might be enough.

That is why you put the MOST you are willing to pay in the autobid ... and then wait to see what happens. That way, if you loose it ... that was the highest you were going to go on it anyway.

How fair (and what kind of auction) would that be to everyone else ... if you could just keep uping your bid when you saw you were getting close to loosing?

My own tactic is generally not to autobid on more than one lot. That way I am less afraid to have a higher maximum autobid and I am more likely to win that one lot for as low a price as possible. If you autobid on two lots or more one high bid could force up your autobid on all lots when multiple lots are available.

Slimboli,

The most successful auction website in the world allows bidders to raise their maximum bid during the auction.

People may want to raise their bid for any number of reasons, but the most likely is that they change their minds based on new information, like a similar lot closing for slightly more money than their maximum bid.