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My maximum bid was higher than the auctions winning bid, what happened?

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My maximum bid was higher than the auctions winning bid, what happened?

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* Most of the time this occurs, eBay’s minimum bid increment rule is the reason. Your maximum bid could be higher than another bidder’s, but the difference between your maximum bids could be smaller than the minimum bid increment for that auction. For example, the maximum bid for your snipe is $302, the other bidder’s maximum is $300. The minimum bid increment is $5. If the other bidder’s bid was registered first than they would win the auction. If yours was registered first, you would win. For this reason, we recommend that you set your snipe to execute with five seconds (up to 8 seconds for high internet traffic times) left before the end of the auction. Too late for a person trying to snipe manually to get another bid in, but sooner than many other potential snipers would set up their snipe to execute. You can learn more about bid increments by clicking on the currency that you are interested in listed below (the increments vary by currency): US dollars Great Britain pounds Euros Au

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