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How Is the Winning Bidder Determined?
Posted by bidorbuy Marketing, Last modified by bidorbuy Marketing on 29 July 2014 09:50 AM

Bidders are ranked according to the following ranking algorithm: amount, quantity and then time. So for two competing bidders, if one bidder bids higher than the other then the bidder with the higher bid amount will rank first.

If two bidders bid the same amount and there is more than one quantity available then the bidder that bids for the higher quantity will rank first. If two bidders both bid the same amount and quantity then the bidder that bid first will rank higher (note that with automatic bids the original time stamp at which time the automatic bid was placed is used). In the case of an automatic bid, preference is given to the bidder who had the highest auto bid limit set, meaning, they were willing to pay more for the item.