HOW MAX BIDDING WORKS - SIMPLE EXPLANATION:
EXAMPLE SCENARIO:
- Current bid on an item: $10
- You set a Max Bid of: $50
- The system automatically bids $15 for you (next increment)
WHAT HAPPENS NEXT:
- If someone else bids $20 → The system automatically bids $25 for you
- If someone else bids $35 → The system automatically bids $40 for you
- If NO ONE else bids → You win at $15 (not your full $50!)
- If someone bids over $50 → You're out, but you never overpaid
WHY THIS IS PERFECT FOR STAGGERED CLOSING: ✅ You don't have to watch every single lot closing every 20 seconds ✅ You can bid on multiple items without being glued to your screen ✅ The system fights for you automatically up to your limit ✅ You only pay ONE INCREMENT above the next highest bidder ✅ If you win unopposed, you get it cheap!
BOTTOM LINE: Set your max bid at the MOST you're willing to pay. The system will try to get it for you as cheaply as possible, and you can focus on other lots while it works for you!
Perfect for busy bidders who want multiple items but can't babysit every 20-second closing!

