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(must register to bid)
No credit card needed |
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Find your item
and Click
To Auction #
(Auction detail will open)
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Click Bid Now
Remember your bid
cannot exceed Maximum
bid price or be less than
the Minimum bid price.
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Bid window opened,
place your bid.
Your Goal is
to be the person
with the highest
unique bidding .
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Your offer
has been received.
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PAYLESSBID.COM AUCTION STYLE IS A MULTI PARTICIPANT MIND CHALLENGE
How To become a winner?
1. Place a bid (the amount you want to offer for the item)
2. If your bid is the same amount as someone else’s bid you will be considered OUT BID
3. If you have the highest unique bid you will be in the #1 position (if someone else bids the same you will be OUT BID and the next highest unique offer will take the #1 position.)
4. After all the offers have been received the auction will then closed and you will be notified of your position.
The winning offer will be the highest unique offer in the bid, provided that it will be the only one, i.e. if two players or more submit the same offer, their offer will be considered as Out Bid and the next highest unique offer is next.
The winner will be the Customer who best calculate the offers |
For Example:
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Name
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Offer time
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Position
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Amount
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M. H.
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01/31/2007
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Out Bid
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$ 100
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T. B.
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02/02/2007
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Out Bid
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$ 100
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T. B.
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02/02/2007
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1 - winner
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$ 99.99
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I. A.
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12/16/2006
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Out Bid
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$ 99.98
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M. H.
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12/15/2006
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Out Bid
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$ 99.98
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I. A.
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01/30/2007
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2
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$ 97.85
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T. S.
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12/15/2006
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3
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$ 95.67
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T. B.
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03/02/2007
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4
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$ 95.02
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M. H.
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01/31/2007
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Out Bid
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$ 94.99
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T. B.
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02/02/2007
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Out Bid
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$ 94.99
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I. A.
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01/31/2007
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5
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$ 93.97
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Only one winner,the highest unique offer.
At any time during the auction you can see your Position. And whether you are located among the first places and calculate your next offer.
Please try our Practice Auction before bidding
