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Paid too much ? Thu Apr 12, 2012 05:48 AM Quote
Guest Dazza
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I won an item with my maximum bid of $30.99.
The second guy only went to $30.
Some how it didn`t go up by 50c.
Item number: 260994474385

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 Thu Apr 12, 2012 03:55 PM Quote
Sashka
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Why do you think it should go up by 50 cents? The bid increment is $1.00 for this price range.

The AU bid increment table is the same as US:
http://www.myibidder.com/login/faq/4/#q14

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 Fri Apr 13, 2012 04:02 AM Quote
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Thanks for that.
Good to see ebay`s definition can change at anytime.
Most of the time I win by 50c on higher amounts.

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 Fri Apr 13, 2012 02:47 PM Quote
Sashka
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This bid increment rules were on eBay for many years.
If you were mostly winning at $0.50 increments, you were bidding at $5-$25 range most of the time.

P.S.: why do you bid 30.99 instead of 31.00? Anyone who bids even amounts (most people do) will snatch your auction at just one penny more.
I would even do 31.02 or something like that. A few pennies won't break your budget, but will increase a chance to win the item in situations when others bid almost the same amount as you do.




Last edited on Fri Apr 13, 2012 02:48 PM.
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 Tue Apr 17, 2012 09:35 AM Quote
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P.S.: why do you bid 30.99 instead of 31.00?
$30 would have been my limit, but sometimes I do it for the sake of it.

My bids in general are all over the place.
Sometimes $5.01, $5.19,$5.59, $5.99

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 Tue Apr 17, 2012 01:06 PM Quote
Sashka
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I see.
Setting it to X.99 or X.10 is almost the same thing on the "winning chance" scale. You just pay more without really increasing your chance of winning.

Let's say , If you are ready to pay 30.99, then you better add a few cents more to round it and add few pennies more making it 31.02 or so. That will improve your chance much more compared to 30.99 vs 30.10.
Most bidders use even amounts (like 30, 31, 32, etc), so anything in between will do the same.

Just a suggestion, of course.

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