Here's what we found for "Automatic bidding"

In auction-style listings, our automatic bidding system increases your bid in increments so you’re the highest bidder until it reaches your maximum bid. It’s more convenient than manual bidding because you don't need to monitor the auction as closely. 

Here’s how it works:

  • When placing your bid, you enter the highest amount you’re willing to pay for an item. This is your maximum bid and isn’t visible to other bidders or the seller. You won't necessarily pay your maximum. If no one else bids as high as your maximum, you’ll pay less.
  • In some cases, the seller may set a hidden minimum price, known as a reserve, which has to be met for the item to be sold. When you bid on an item with a reserve price, if your maximum bid meets the reserve, it will automatically increase to meet that price. For example:

    A seller lists an item with a starting bid of £1.00 and a reserve of £100.00.

    Bidder A bids £1.50. The current bid increases to £1.50 but the reserve isn't met. If nobody else places a bid, Bidder A doesn't win the item.

    Bidder B places a maximum bid of £150.00. The current bid increases to £100.00 to meet the reserve. If nobody else places a bid, Bidder B wins the item at the price of £100.00.
  • If someone bids more than your maximum, we'll let you know in case you want to bid again

Only bid on items you intend to buy. In most cases, you can’t retract your bid. If you win, you must pay the seller. 

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