question about namejet

[gafadi]

hi , i am trying to get started into bidding for domains now because i have collected some cash.

Here is the question like i enter the auction , i bid and the highest bid is mine and do i get the domain ? because it in auction it says "Backorder details" , so it is like sedo auction , i participate i have highest bidding and i win the domain or first you bid in backorder and it goes to second auction and highest bidder wins ?

please bear me and explain how name jet works

thanks

[exxe]

When backordering, if there are more bidders, the domain go to a 3-day auction after the domain is grabbed. If you're the single bidder, you've won the domain.

[gafadi]

ok yeah thanks

[Theo]

Bid the minimum just to get in.