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What is proxy bidding / auto bidding?

There is an auto bidder implemented in our auction script. All you do is post the most you’re willing to pay for a page or an account, and the system will bid for you.

For example:

1. Current bid is $100.
2. You place a $1000 bid.
3. The current bid will now jump to $101.
4. The system will now auto-bid for you until it reaches the $1000 max bid.

Please remember that other people may have hidden bids, so when you place a bid, it may not increase by one, but by the amount set by the previous highest bidder.

For example:

1. Current bid is $100.
2. You place a $1000 USD.
3. The current bid jumps to $451. Why? Because there was a hidden max bid of $450, and by placing a $1000 bid you have beaten it by one.
4. The system will now auto-bid for you until it reaches that $1000 max bid.

You enter your max bid in the window where you normally place bids. It is all automatic, and this whole process is called “proxy bidding,” as explained in our guidelines section. This feature was implemented so you don’t have to watch over the auction, thus saving you time. The best way to secure an item is to place a high max bid at the end, but make sure it is an amount you’re capable of paying, as many other users might do the same.

Tags: how do i auto bid, auto bid, proxy bidding

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Updated on November 28, 2016

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