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Jan 10, 2015
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Comment Topic: JBidwatcher Tips and Tricks / How to bid lowest necessary bid

So, no matter what amount I bid, if I am the winning bid I will pay from 1 cent up to and including the amount of the incremental bid over the amount of the second highest bid, but never any more.

 
Jan 6, 2015
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Comment Topic: JBidwatcher Tips and Tricks / How to bid lowest necessary bid

I have not used a sniping program in years, but my recollection is that I had program that bid only the amount necessary to win, up to my maximum bid. Thus if the high bid was $20 and I was willing to pay $30, I would submit a bid of $30 to my program but if the high bid just before close was $24, the program would bid me at $25 and I would win.

Is there a term for this kind of bidding? Is it available with jbidwatcher? If not what programs do have it available?

Thanks for your answers.