Thread: eBay auction Reserve prices are evil!
View Single Post
Old 08-29-2016, 09:20 PM   #17
Wearever
Wizard
Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.Wearever ought to be getting tired of karma fortunes by now.
 
Posts: 1,063
Karma: 10944084
Join Date: Jun 2014
Location: New England
Device: Oasis 2,Voyage, Kindlle hdx 8.9, Ipad mini 4. Air 2
Quote:
Originally Posted by ApK View Post
No, that is not at all correct.
It is in the link you gave explaining how Reserve bidding works. If you click the Learn More link, it gives that example. Essentially the reserve is what needs to be met. You can over bid or under bid. But you'll be paying the reserve price even if you over bid. The over bidders win in this type of auction. The lower bids are discounted because they didn't reach the reserve set amount.

I personally don't bid on ebay, I just pay the amount shown at Buy it Now. But some do.
Wearever is offline   Reply With Quote