Originally Posted by
adbuett
If you know your maximum bid, say I was willing to pay $50 for something, and not a cent more, you just put in $50 as your initial bid. Lets say the set increments of bidding on this item are $1, the current price of the item is $10, and you're max amount willing to pay is $50. You put in your bid of $50, the current price of the item goes up to $11. If somebody bids $20, Ebay automatically will increase your bid to $21. This will continue until the bidding stops, or your $50 limit is reached. I think I remember reading somewhere, somebody correct me if I am wrong, that even if a person puts in a bid a second before the auction ends, ebay will still slip in the higher limit-bid of an opponent.