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What does the ‘Auto Bid’ column mean?

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What does the ‘Auto Bid’ column mean?

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As a live bidder, you can enter a maximum dollar amount that you would like to bid for the current lot or any future lot. You can simply enter the maximum dollar amount that you would like to bid into that column and the Stack’s at Home™ system will automatically place your bid at each increment where you are not the high bidder until the dollar amount you entered is reached. If you change your mind and would like to bid more on the current lot, you may then use your bid button after the Auto Bid amount is reached.

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