# Maximum Bidding (new)

INFORMATION

Maximum Bidding is a feature available for Online Type single winner items ONLY and allows the system to manage a bidder's Maximum Bid to ensure that they remain as the high bidder for as long as possible.

Maximum Bidding provides a mechanism to keep the actual bid as low as possible yet provide a path to remain the winning bidder. With maximum bidding, you become the winner if you are the highest bidder at the auction's close. As the winner, with maximum bidding, you will only pay the lowest possible winning bid, which may not be the maximum bid you placed for the item.

IMPORTANT
Maximum Bidding does not function with items using the Multiple Winners option. The Maximum Bid placed on a Multiple Winners item will be considered the actual bid!

Many people are familiar with a form of "maximum bidding" (or "proxy" bidding) from websites such as eBay, which use it in their auctions. Please see our Proxy Bidding Rules to learn more about how it is handled on the Auctria platform.


# Enable Maximum/Proxy Bidding

To Enable Maximum/Proxy Bidding, go to Website > Online Bidding from the main Auction Dashboard. Then, you can set your preference in the Bidding Behavior section.

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Opening the "Bidding Behavior" section for editing and then clicking on the Enable maximum/proxy bidding option will display the available options you can choose from.

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  • If set to Yes, on by default, then maximum/proxy bidding is available for online items.
    • This is checked by default.
  • If set to Yes, off by default, then proxy bidding is available for online items.
  • If set to No, then proxy bidding is unavailable.

# Enable Maximum Bidding Interface

If you are using the Maximum Bidding feature set, you may also need to enable the Maximum Bid UI if it has not been enabled by default for your event.

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IMPORTANT
If Maximum Bidding is turned off after a "Maximum Bid" has been made; it will only affect future bids that are placed. The original Maximum Bids will remain active unless manually removed.
See Remove A Proxy Bid for more details.

Learn More


Added: July 2022
Last Updated: 7/12/2022, 8:42:48 PM