After you've placed your BID, your name should show up in the bid history. You will also receive an email informing you of the same. If your bid is the highest, your name will show up in the "Current Winning Bid". This however, does not indicate that you've won the auction, only that currently your bid is the highest bid. To actually win, the auction must close without any higher bids. If you are outbid during the life of the auction, you'll be informed of this by an email alert. If this happens, you'll need to increase your bid further to win the auction. How much do I bid? What is Auto Bidding? You may bid on an item by normal bidding or auto bidding. Normal Bidding: To bid you need to enter an amount higher than the displayed "Current Winning Bid". To place a bid, click on "Preview Bid" to bid on the actual amount or change the amount to bid higher. Auto bidding: Auto Bidding is a system in which bids are placed on your behalf at the lowest possible increments. Simply enter your maximum bid, or the highest amount you are willing to pay, and click the "Submit" button. You may however, be required to pay the maximum amount, subject to you being declared the Winner when the auction closes. Your maximum bid is only placed after another bidder also bids up to that amount. What are bid increments? Any new bid must be greater than the current high bid. How much more you're required to bid depends on the price of the item being auctioned. What's a reserve price? A normal price auction is that for which the starting price is the reserve price. A reserve price is the lowest price for which a seller is willing to sell their item at. The starting price is usually low to attract bidders who then drive up the price naturally, by placing bids. The seller can also opt to set a reserve price. This price is usually more than the starting price. If the reserve price is not met by the close of the auction, the item will not be sold. Neither the bidder nor the seller will be under obligation to complete the sale, and no contact information will be exchanged. A seller usually specifies a reserve price if he/she is unsure of the real value of an item and wants to reserve the right to not sell if the market value.
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