How was I outbid by less than a full increment?
Ian Russell on Wed, Mar 23, 2011 11:19:53 AM
Because someone may bid any amount on a lot providing it is at least the next incremental bid displayed on the lot information page, it's possible that a person can lose an item by less than a full increment.
For example, if Member A's secret maximum bid is $500 and the current bid is $200, Member B would be able to bid any amount of $205 or higher, as he would be meeting the minimum requirement of bidding the next increment. If Member B bids an amount above your maximum bid, even $501, he would then become the high bidder on the lot at $501.