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New to Sniping? > Do you bid the absolute minimum amount possible?

eBay's "Minimum Bid Increment"

For a bid to register on eBay, the "minimum bid increment" must be added to the current price.

The MBI (minimum bid increment) is forgotten in times of heated competition, but it factors in big time into everything. To avoid misses due to bid increment, make sure to "pad" your bid by as much as two or three bid increments, using the chart below. In most cases the amount to pad is at least $10, sometimes over $100, depending on the Current Price.


EXAMPLE:

Case 1 - Mary's High bid Wins


The auction begins.

Fred bids $100.

Mary bids $105.

Mary wins the auction since $105 beats $100.

Case 2 - Mary's High Bid Loses!


The auction begins.

Fred bids $100.

Mary bids $102.

Mary loses!   Her higher bid of $102 does NOT win this item. She didn't meet the minimum bid increment of $ 2.50. Her bid will not even show up in the bidding history.


The incremental amount is predetermined based on the current high bid on the item. The following table shows the amount of bid increments.


Current Price

Bid Increment

$ 0.01 - $ 0.99

$ 0.05

$ 1.00 - $ 4.99

$ 0.25

$ 5.00 - $ 24.99

$ 0.50

$ 25.00 - $ 99.99

$ 1.00

$ 100.00 - $ 249.99

$ 2.50

$ 250.00 - $ 499.99

$ 5.00

$ 500.00 - $ 999.99

$ 10.00

$ 1000.00 - $ 2499.99

$ 25.00

$ 2500.00 - $ 4999.99

$ 50.00

$ 5000.00 and up

$ 100.00

For other currencies, please consult eBay's "minimum bid increment" index for your site's language.