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Thread ID: 51613	2004-11-25 09:37:00	Loshings - Auto bid complaint	drb1 (4492)	PC World Chat

Post ID	Timestamp	Content	User
296359	2005-12-01 01:44:00	This is what happened on a real auction quite recently. It was a $1res which was in the title, the bidding had got to $6.50, and it was very near the end of the auction. I put in an auto-bid max $8.50 and a bid was put on at $7.00 all fine. Then another person bid so my maximum bid on $8.50 was put on so they were forced to bid $9.00. Now I would have expected that when they bid they would goto $7.50 and then my auto-bid would goto $8.00. So the effect is that the other person won the auction at $9.00 when I should have won it at $8.00. So the seller and TM got an extra $ and I failed to purchase. I'm never going to use auto-bid again!! I read this as: the other bidder also put in an autobid which was higher than yours. The two autobids immediately went up to your maximum then topped it with their bid of $9.00. Any bids below your maximum are not shown when two autobids clash like this. No mystery here. It only appears to jump to a high bid since the intermediate bids between the autobids are not shown. BTW, I'm happy with most of TradeMe practises.	user (1404)
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