Thread: Marker bid wins
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Old 03-06-2015, 04:02 PM
Econteachert205 Econteachert205 is offline
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Quote:
Originally Posted by packs View Post
I don't quite get the difference. I place an opening bid thinking I'll get outbid later, but since I've already bid I can still bid in extended time. Isn't that a marker bid?

It sounds like a marker bid is a bid meant as a reminder to go back later and up if necessary, while single minimum bids sound more like straight bargain hunting.
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