FAO Ebay Boffins...

[Neil.]

can u explain proxy bidding for me, the thing where it bids 4 u, can u give me a step by step guide, im not to sure how it works.

[Ben (lurk75)]

basically.

if you are willing to pay ?100 for something currently only ?10 then the computer will store your maximum bid so when someone else bids to say ?11 then the computer will automatically go upto ?12 for you (or increase by the minnimum bid increase)

If you are going to do this then sometimes is an idea to put odd amnounts in as when people are bidding against you they think that your maximum might be ?100 so put somethinglike ?107, so when they bid upto ?100 then you still are wiinig they think forget it and walk away.

But if no one else bids against you, you will only pay ?10.

(go careful thought because some people like to push up bids by just bidding ?1-2 at a time when there is a very intrested buyer.)

I bet ive confused you even more now!