You should bid the maximum you are willing to pay for the item.
EPage will conduct
the auction on your behalf, giving you the lowest possible winning bid,
but never exceeding the maximum bid amount. Here is an example:
- Item starts
at $10, and you bid $20 (the maximum you want to pay). You will be
the winning bidder at $10, the lowest possible winning bid.
- Someone else
reads the auction and chooses a maximum of $15. Your bid will be increased
to $15.50, the lowest possible winning bid.
- This will
continue until the auction ends, or your maximum is reached.
You will have
a chance to increase your bid if you are beat out, but only while the
auction is running. If someone bids at the very last moment and
beats your bid, you will not have a chance to increase your bid.
That is why it is important to bid the most you will pay from the start.