Maximum Bids

The Rotary Clubs of Niagara TV Auction uses an automatic bidding system to make bidding on auctions more convenient and less time-consuming for buyers. There is nothing you have to set up in order to bid in this way. When you bid on an item you will be placing bids using this method.

Here's how bidding works:

  • When you place a bid, you enter the maximum amount you are willing to pay for the item. Your maximum amount is kept confidential from other bidders.
  • The system compares your bid to those of other bidders.
  • The system places bids on your behalf, using only as much of your bid as is necessary to maintain your high bid position. The system will bid up to your maximum amount.

  • If another bidder has a higher maximum, you'll be outbid. BUT, if no other bidder has a higher maximum, you win the item. And, you could pay significantly less than your maximum price! This means you don't have to keep coming back to re-bid every time another bid is placed by a competing buyer.

    Bid Increments

    The bid increment is the amount by which a bid will be raised each time the current bid is outdone. It is predetermined based on the current high bid.

    Here is how increments are determined:

    Current PriceBid Increment
    $ 0.01 - $ 49.99$1.00
    $ 50.00 - $ 149.99$2.00
    $ 150.00 - $ 249.99$4.00
    $ 250.00 - $ 449.99$5.00
    $ 500.00 - $ 999.99$10.00
    $ 1,000.00 - $ 2,499.99$25.00
    $ 2,500.00 - $ 4,999.99$50.00
    $ 5,000.00 - $ 9,999.99$100.00
    $ 10,000.00 and up$200.00

    Note: A bidder may be outbid by less than a full increment. This would happen if the winning bidder's maximum bid beats the second highest maximum by an amount less than the full increment.

    The bids shown for an item will only list a bidder's highest bid, even if the bidder has submitted a second bid to increase their maximum bid amount.