There are two ways to place a bid.
- 'Static': This means you place the next bid or enter a specific amount as your bid. It is a one-time action. If someone places a higher bid, you can manually place a new bid in the same way to become the highest bidder again.
- 'Auto bid': An auto bid is a way to automatically participate in the bidding process. You enter a maximum amount you are willing to pay for an item, and bids are placed automatically on your behalf up to your maximum bid, but only if necessary. Your maximum bid is hidden from other bidders during the auction. Placed automatic bids are indicated with an “A” next to the bid in the bidding history.
If you choose to bid manually, you must update your bid manually each time someone outbids you. Keep in mind that an automatic bid that is equal to a manual bid will always lead the auction because the automatic bid was placed earlier. Choosing auto bid therefore increases your chances of winning.
You can cancel an 'Auto bid' yourself by placing a static bid that is one bid increment higher than the current bid. You can also lower the 'Auto bid' by placing a lower 'Auto bid.' When lowering an 'Auto bid,' you place a static bid again.