BYC Buy Sell Auction (BSA) Bidding Updates - Auto Bid Increment System  

We've made a few changes to the BSA system based on some of the feedback we've received over the last few months.

1)  Auto Bid Increases (the system will remember your max bid and automatically increase your bid as other peeps place their bids
2)  Bid increments:  In general the bids must be raised in $0.25 increments

This new system works very similarly to other big auction websites.

Remember, your max bid has nothing to do with the minimum bid increment. That only applies to the current high bid.

Example:

    * Your maximum bid is $30.00
    * The minimum increment bid is $0.25
    * The current high bid is $16.00
    * To beat the current bid another bidder would have to bid at least $16.25

Now here is where it gets tricky. Let's say that bidder decided to put his maximum bid $30.01.What happens? You lose the auction by a penny!
That is why it is a good idea not to put your maximum bid in at a predictable amount. If your maximum bid is $30 you would want to put it in as $30.63 or some off number. Many online auctions have been lost by a dime, nickle or penny.

If 2 separate bidders place the same maximum bid, the one who placed it first is the winner (given that they are the equal top bid at the end of auction).

As always, this is a brand new feature / system so please let us know if you experience any problem.   Remember, just replying "I don't like this" or "It didn't work" doesn't help us.  If you do have any problems please reply with as much detail as possible including a link to the listing, messages, errors, steps taken, browser version, etc.   

We hope this makes the BSA system even easier to use!