Why Do Some Bidders Bid Against Themselves on eBay??

P

pod

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I'm new to eBay, but I've have seen a few auctions there where a bidder appears to bid against themself.

Here's a portion of a "bid history" in a recent auction; there were no bidders between these bids. All bids were placed by the same bidder (I've changed their bidding name).


bidder1 £47.00 25-Apr-05 08:36:48 BST
bidder1 £37.00 25-Apr-05 08:36:35 BST
bidder1 £31.00 25-Apr-05 08:36:24 BST
bidder1 £27.00 25-Apr-05 08:36:14 BST


If the person places a bid of £27.00 at 8:36:14, why would they place another higher bid of £31.00 ten seconds later, and then another higher bid eleven seconds later for £37.00, and then another higher bid thirteen seconds later for £47.00...?

There were still hours to go till the end of the auction, so why would someone bid against themself from £27.00 to £47.00 over the space of half a minute?
 
What happens is, you can bid a max amount you want to pay i.e. £10, say the item started off at £1, the next bid shows your at £1.50 (not the £10) but then someone else comes along and tries to bid £3, their amount is rejected and doesn't show up but ebay puts in your bid at £3.50, they try to bid £3.80 but then ebay then again puts your bid in for £4.50 (bidding on your behalf because you've said you're willing to pay £10 if necessary). Does that make sense?
 
Oh right, thanks Moneypit. That makes sense now!

I wasn't sure what was going on!
 
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