Quote:
Originally Posted by LukeLyon
Because if the leading bidder entered an odd amount like $1475.85, the string bidder might find that out $1 at a time.
He bids $1471, the high bid goes to $1472
He then bids $1473, and the high bid goes to $1474
He then bids $1475 and the high bid goes to $1475.85.
Now he knows to stop.
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I saw that time and again just randomly looking at bidding histories in certain types of auctions.
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