Guide: How to use max-bids
By utilizing the max-bidding feature, you can save time from checking the listing and being available to bid in the final moments of the auction.
When you place a max-bid, the auction system on ShareWine will automatically outbid all other users up to the maximum amount you have specified.
It is very easy to place max-bids. Here's a quick guide showcasing how it works.
EXAMPLE
Below is an example of a maximum bid: The current price is EUR 100, and a max bid of EUR 150 is placed. If your maximum bid is not exceeded, you will win the auction.
In line with standard auction practices, your max bid will always place the next possible highest bid. For example, if another user bids EUR 110, your max bid will automatically increase to EUR 120. If the other user bids again (in this case EUR 130), your max bid will increase to EUR 140, and so on.
Q&A
If there are two identical bids, it may be due to an automatic max-bid made by a previous bidder. The automatic max-bids can be the same amount as a manual bid from another bidder.
On the other hand, it may be because two automatic max-bids at the same amount have been placed. In both these cases, the max-bid that was first placed will be considered as the highest bid.
Your bid may reach its maximum immediately if:
Another bidder has placed an automatic bid with a limit just below your max bid.
ShareWine will immediately place your max bid if it is the next minimum bid above the other bidder's limit.Another bidder has set an automatic bid with the same maximum as yours.
In this case, both of you will go directly to your maximum bid limits. The bidder who placed their max bid first will become the highest bidder and lead the auction.Another bidder has placed an automatic bid with a maximum higher than yours.
Although you will be the highest bidder initially, the system will take you directly to your maximum bid to bring you as close as possible to their bid.
If there are two identical bids, it may be due to an automatic max-bid made by a previous bidder. The automatic max-bids can be the same amount as a manual bid from another bidder.
On the other hand, it may be because two automatic max-bids at the same amount have been placed. In both these cases, the max-bid that was first placed will be considered as the highest bid.
Your bid may reach its maximum immediately if:
Another bidder has placed an automatic bid with a limit just below your max bid.
ShareWine will immediately place your max bid if it is the next minimum bid above the other bidder's limit.Another bidder has set an automatic bid with the same maximum as yours.
In this case, both of you will go directly to your maximum bid limits. The bidder who placed their max bid first will become the highest bidder and lead the auction.Another bidder has placed an automatic bid with a maximum higher than yours.
Although you will be the highest bidder initially, the system will take you directly to your maximum bid to bring you as close as possible to their bid.