This automated bidding system places bids for you when you have been outbid to the next bid increment until the bids exceed your maximum bid or you win the auction. The Proxy will only use as much of the maximum bid as necessary to maintain the high bid.
To submit a confidential maximum bid to an online auction service's automated bidding system. The system's electronic "proxy" will automatically increase the buyer's bid to maintain the high bid. The proxy bidding system will stop when it has won the auction or reached the maximum bid.
Proxy bidding is an automatic bidding system that ignore uses. A member enters in the maximum amount that they wish to pay for an item. The system will automatically enter a bid for the minimum amount possible on behalf of the member. As other bidders bid, the system will automatically bid for the member until minimum bid exceed's the member's proxy bid.
Submitting a maximum bid above the actual current bid price. Your bid will increase incrementally as other bids come in until it reaches your maximum price.
Some auctions allow you to enter a proxy bid, which is the highest you are willing to pay. They will then automatically increment your current bid by the minimum amount each time somebody outbids you, until your proxy bid is exceeded.
This is where you tell eBay the max your willing to spend on a particular item and ebay will then bid on your behalf every time you are out bid, and will do so until the price goes above your max.
The system will continue to place a bid automatically up to the maximum bid (the amount of the maximum bid will not be disclosed) preset by the bidder. The system will only increase the bidding that has been pre-determined by the system.
In proxy bidding, the bidder enters his maximum bid, and then the auction site's computer raises his bid automatically whenever necessary until the maximum bid is reached. For example, if a bidder enters a maximum bid of $10.00, and the starting bid is $1.00, the auction site shows his bid as $1.00. Then, if another bidder comes along and bids $2.00, the computer will raise the first bidder's bid to $3.00 (assuming the bid increments in the auction are $1.00) and so on up to $10.00.
All bids placed on Online-Auto-Auction are proxy bidding wherein you place the maximum amount that you are willing to pay and the system automatically bids up to that amount.
You enter the maximum amount you're willing to spend on an item, and eBay will automatically continue to bid--incrementally--for you until either you're the high bidder or your maximum is reached.
a service that allows you to enter the maximum amount you're willing to pay for an item; the eBay system automatically places bids on your behalf, increasing your bid as necessary by standard increments to maintain your high-bid position
If you cannot attend the auction you can ask the auctioneer to bid on your behalf by telephone or in writing. In each case this needs to be arranged in advance of the auction and you will need to provide a cheque to cover your deposit in full. (These cheques are not cashed unless you are successful). (A proxy bidding form, with instructions, is printed in the back of each catalogue to help you register your bid).
Placing a maximum bid that is held in confidence by the system. The Morrell May 6 2006 (235) system will use only as much of the maximum bid as is necessary to maintain your high bid position.
Placing a maximum bid, which is held in confidence by Ebanned. Ebanned will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position.
