Ads
related to: lowest unique bid auction software llc reviews californiaget.trimble.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
In a lowest unique bid auction, the bidder who submitted the single bid of $0.06 would win the auction, and would be eligible to purchase the product or service for $0.06, because their bid was the lowest unique bid. In a highest unique bid auction, the bidder who submitted a bid of $0.09 would win the auction.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, f How You Can Score Random ...
The winner selection in most auctions selects the best bid. Unique bid auctions offer a special winner selection: [78] the winner is the bidder with the lowest unique bid. The Chinese auction selects a winner partially based on randomness. [68] The final price for the selected winner is not always conducted according to their final bid.
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...
Need help? Call us! 800-290-4726 Login / Join. Mail
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
Ad
related to: lowest unique bid auction software llc reviews california