Odd Bid numbers on Ebay

[Lord Tyrion]

I am looking for a putter on ebay at the moment and one caught my eye so I am watching it. The odd thing is that the current price is 0.01p, plenty of days to go, but there are 3 bids logged. How can that happen?

 

[stokie_93]

I am looking for a putter on ebay at the moment and one caught my eye so I am watching it. The odd thing is that the current price is 0.01p, plenty of days to go, but there are 3 bids logged. How can that happen?

Not sure 100% sure but could be people that have put 'max bids' on it rather than a concrete number.

 

[Ethan]

Bids are listed at the lowest price needed to win the item, so presumably one person has made a bid of some value, then added higher bids just to be sure. So if you bid £10, then the winning bid will jump to whatever the minimum bid increment is within his maximum.

I tend to stick in my maximum bid at the start and don't go back again.

 

[pbrown7582]

as Ethan says the highest bidder has placed 3 separate bids all of differing amounts. if you really are keen chose your price and use snipper

 

[Lord Tyrion]

Must be a different way of doing it to how I bid. My point is how can it still be 0.01p when 3 people have bid. Normally the first person bids, second one does and it increases, so on and so on. On this the bidding is still at 0.01p.

What you are suggesting is that the same person has bid 3 times giving larger amounts but the amount has not increased as it is the same person? Is that correct? Must be a very indecisive person.

 

[Slab]

Must be a different way of doing it to how I bid. My point is how can it still be 0.01p when 3 people have bid. Normally the first person bids, second one does and it increases, so on and so on. On this the bidding is still at 0.01p.

What you are suggesting is that the same person has bid 3 times giving larger amounts but the amount has not increased as it is the same person? Is that correct? Must be a very indecisive person.

I don't use ebay but isn't this how auctions work if you're not going to be present at the end of bidding?

i.e A mailed or phone bidder will give a starting bid and a max bid, only when his opening bid is beaten will the next bid be applied, and so on until he either wins it or is outbid on his max bid

You effectively pre-book your bids

 

[One Planer]

Must be a different way of doing it to how I bid. My point is how can it still be 0.01p when 3 people have bid. Normally the first person bids, second one does and it increases, so on and so on. On this the bidding is still at 0.01p.

What you are suggesting is that the same person has bid 3 times giving larger amounts but the amount has not increased as it is the same person? Is that correct? Must be a very indecisive person.

The initial person has made 3 bids.

Each bid is an increase on his/her max bid.

As it's the same person and only bidding increasing their max bid, the auction price will remain unchanged until a different person bids.

Then you will see a significant jump.

 

[Hacker Khan]

I am looking for a putter on ebay at the moment and one caught my eye so I am watching it. The odd thing is that the current price is 0.01p, plenty of days to go, but there are 3 bids logged. How can that happen?

Just bid 5p, that will sort it out.

 

[Lord Tyrion]

Just bid 5p, that will sort it out.

I may just do that for silliness. Thanks for the explanations folks.

 

[garyinderry]

Standard practice.

First bid is a - I might bid properly on that on later. I am sort of interested.

2nd bid - you know what I will stick a cheeky bid in for that. Low bid.

3rd bid - well that won't win anyway. I better up it.


No one wants to leave a wee jem untouched. A few bids may scare off the odd interested party who is unsure and doesn't want a bidding war.

It's a bit of psychology and kidology.

Those bids may go in over a minute or course of a few days.

Funny old game. Sniping has ruined the fun.

 

[ManinBlack]

Bids are listed at the lowest price needed to win the item, so presumably one person has made a bid of some value, then added higher bids just to be sure. So if you bid £10, then the winning bid will jump to whatever the minimum bid increment is within his maximum.

I tend to stick in my maximum bid at the start and don't go back again.

Something we agree on! I've won a number of auctions doing this early on. The last minute sniper puts in his bid & when he's outbid he doesn't have time to bid gain.

 

[Lord Tyrion]

Just bid 5p, that will sort it out.

I cracked and went to 0.05. The bid is now at 0.06p. I'll come back to it properly in 3 days time when it is due up. The seller must wonder what daftness is happening.

 

[Hacker Khan]

Give us a link to this item and we'll bid it up for you if you want?

 

[Lord Tyrion]

Cheeky. I'm sure it will do okay on its own. Every so often I get lucky and a good club slips through at a low price but this is for a Ping Putter so I doubt I will get away with it this time.

 

[ruff-driver]

Give us a link to this item and we'll bid it up for you if you want?

I'm guessing

eBay item number:​

172218321945

 

[Lord Tyrion]

Well just broadcast it to the world. It's jumped to 0.13 now. :angry: . I'm out once it goes past 0.27.

 

[Hacker Khan]

Well just broadcast it to the world. It's jumped to 0.13 now. :angry: . I'm out once it goes past 0.27.

Well I've just bid it up to 23p so you'd better get in there quick.

 

[Lord Tyrion]

I used to like people on this forum.....:ears:

 

[Ethan]

The first rule of auctions is decide your maximum and don't go a penny more. eBay encourages you to get into a bidding contest and lose control. So I put my maximum in at the start and that is it. If I get it, great, if I don't, there will always be another one.