|
Lowest Unique Bid Auction:
In a low bids auction, it is the lowest bid received that is the only bid at that amount which becomes the successful bid.
What do I do?
1. Simply choose the lowest price that you think that no one else will offer and enter it as your bid.
2. Once the required number of bids have been received, the auction will then automatically close and be drawn, and if yours is the lowest unique bid, then you can purchase the item for the low price you have offered.
3. As soon as one auction is closed another will be opened. So if you don't win first time round, there will be lots more chances to bid again and choose that winning bid.
-
Buy products at a fraction of their retail price - Up to 99.99% OFF!!!
-
Minimal People to bid against (i.e. we have a limited number of competing bids).
-
All products are brand new, with manufacturer's guarantee.
What is a 'lowest unique bid'?
A 'lowest unique bid' is the lowest bid placed, that no one else bids!!
For example:
|
User name |
Bid amount |
Bid status |
|
John |
$0.01 |
Not unique |
|
Sally |
$0.01 |
Not unique |
|
Peter |
$0.02 |
Lowest unique bid |
|
Mark |
$0.03 |
Unique, but not the lowest |
|
Jessica |
$0.04 |
Not unique |
|
Andrew |
$0.04 |
Not unique |
If you would like to know more, please read the LUB User Guide.
|
