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Originally Posted by GDW1975
Something that I often do when buying on ebay is to put my max bid at £ n plus a few pence... I often see people putting their max bid at a round figure, so a bid of just 1 penny more than theirs will be enough to secure you as the winner  ....if you're as tight-fisted as I am |
I don't think this will work.
Let's say in the last few moments of an auction you bid £50.01 and someone else bids £50. If you are first then, even if you had bid £50, you will win. But if you are second, your bid will not be accepted by eBay 'cos it doesn't exceed the previous bid by £1 (or whatever the increment is at that price level) - hence you lose.