Every time I make a bid, it says I was outbid immediately. Whats wrong?
A. Actually, there is nothing wrong. Being immediately outbid means that an earlier bidder specified a maximum bid higher than the maximum you just specified. When you confirmed your bid, the other bidder’s “proxy” immediately placed a bid on his behalf, just enough to outbid your maximum, to ensure his position as high bidder. When you place a bid with a maximum high enough to outbid all other bidders, your proxy will protect your position in the same way. For more information please visit our Proxy Bidding Example page.
Related Questions
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