QUOTE (Christos @ Aug 20 2008, 07:43 AM)
![*](http://www.fishingozstyle.com.au/forums/style_images/1/post_snapback.gif)
I guess we do not have to put the maximum bid.
Sometimes when you see a product you want, and you know you won't be near the computer when the auction finishes, you place a price what you are prepared to pay for the item as your max bid.
Then if you get outbid you don't care cause it was the max you was prepared to pay for the product.
IF you don't place a max bid and only bid to be slightly higher then the current bid, and someone outbids you while you are away from the computer, and wins the item for LESS then you was prepared to pay for it.
YOU loose out on the item.
This is the idea of placing a max bid and letting ebay bid for you.
A good idea, UNTIL you get the arse who want to be greedy and withdraws the item cause your bid is the only bid and it is for a small starting price. And then relists the item at a much higher start price, once he has seen your max bid was heaps more then what he would have got for it if he let the auction run.
Hope I have explained this so you can see my point.