Marker bid wins

packs · #1 03-06-2015, 04:20 PM

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?

Leon · #2 03-06-2015, 04:51 PM

I have won a few marker, or very close to marker bids, before. Things I thought would go for a lot more and didn't.

Econteachert205 · #3 03-06-2015, 05:02 PM

Quote:

Originally Posted by packs

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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