Auction Ends: Mar 25, 2013 08:00 PM EDT

Health & Fitness

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Day Passes to MIT Recreational Sports

Item Number: 211

Estimated Value: 140 USD
Sold: 50 USD to stealyourface

Number of Bids: 1 - Bid History

Item Description

5 Day Passes to MIT Recreational Sports for you, family, and friends.

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The goal of proxy bidding is for you to win the auction at the lowest possible price. Your maximum bid is only placed when another bidder also bids up to that amount or when the reserve price is equal to or greater than your maximum bid.

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Example

An item’s current bid is $3.00, and the bid increment is $0.10. Jane chooses automatic bidding and enters a maximum bid of $6.00, so Jane becomes the high bidder and the current bid reads $3.10.

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Example

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