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10-27-2009, 05:11 PM
| #1 (permalink) |
| Exclusive Lifetime Member  Name: Mike C. Last Online: Today 04:19 AM iTrader: (13) Join Date: Jul 2007
Posts: 1,049
DNF$: 60 Location: Florida
Country:          | Question about bidding If I bid a high amount before the auction starts, does the auction start at the highest bid (my max bid, or my 'opponents') or does it start at $28, then proxy bidded up to the last price? Sorry if this may seem confusing, but I was just confused by the explanation of the "Absolute Bid" on bido.com Thank you in advanced, -Mike c. |
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10-27-2009, 05:38 PM
| #2 (permalink) |
| Platinum Lifetime Member  Last Online: Yesterday 01:40 PM iTrader: (13) Join Date: Jun 2009
Posts: 219
DNF$: 0 Location: Chennai
Country:   | it starts with the highest bid, not on $28 www.bido.com/Info/FAQ |
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10-27-2009, 05:55 PM
| #3 (permalink) |
| Former DNF Admin  Name: Jarred Last Online: 11-23-2009 09:56 AM iTrader: (83) Join Date: Feb 2004
Posts: 4,923
DNF$: 11,114 Location: Florida
Country: | ezhilraja is correct, Pre-Bids are placed as absolute bids. This means they are placed at the full amount and do not follow scales. Pre-Bids of $100 or more are also entitled to a 2% Cashback Bonus should the very Pre-Bid win the auction. Once an auction starts, bidding then follows Scales and proxy bids (max bids) may be placed.
__________________ Submit your domains here: www.Bido.com/SubmitDomains While you are on Bido please be sure to vote for the domains you want to see go to auction. Login and click the Vote tab. |
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