Second Life Forums Archive - Incremental Proxy Bidding?

Paolo Portocarrero

Puritanical Hedonist

Join date: 28 Apr 2004

Posts: 2,393

05-19-2004 15:02

This may belong in feature suggestions, but here's my question.

I notice that, after submitting a "maximum bid," the Place a Bid box at bottom says that the next bid = my maximum bid + 1. Then, when the auction is won, it's at the maximum bid price, not a fixed increment above the previous high bid.

Is this truly proxy bidding, or is the maximum bid a hard number? I can't imagine that the previous bidder's maximum bid was one dollar less than mine... I guess I was expecting that the winning bid would not = my maximum, but instead, something like $1 above the next highest max bid. Am I missing something? I don't want to pay the maximum unless it's required to win the auction.

Signed,

Dazed and Confused

Essence Lumin

.

Join date: 24 Oct 2003

Posts: 806

05-19-2004 17:27

I don't know what the reality is. I certainly hope you are incorrect about it not being true proxy bidding. I haven't been in any auctions for a while. You should be able to see the bid history to see if someone bid a dollar less than you. The auction faq says -

From: someone

How does "Maximum Bid" work?
When you enter a bid significantly higher than the current high bid, then the system will automatically bid for you up to the point of your maximum bid. This makes it less necessary to be online at the time the auction ends. The amount of the bid will be the minimum needed to outbid competing bidders. For example, if the current high bid is US$50, and you bid US$100, then a bid of $51will be automatically placed for you. If someone else bids US$75, then a bid of $US76 will be placed for you - and so on. If someone bids $101, then an email will be generated to you that you have been outbid.

Moleculor Satyr

Fireflies!

Join date: 5 Jan 2004

Posts: 2,650

05-19-2004 20:23

It -should- be one dollar over the next highest bid. Contact support.

_____________________

</sarcasm>

Charlton Pendragon

Senior Member

Join date: 7 Jan 2004

Posts: 85

05-20-2004 08:20

Since the introduction of proxy bidding I have been watching some of the auctions, and have had doubts about the way it has been working....contact support and let us know the outcome.

_____________________

Noyo Moorings & Tower / Rua Island

Paolo Portocarrero

Puritanical Hedonist

Join date: 28 Apr 2004

Posts: 2,393

05-20-2004 09:14

Good feedback. I'll try support, as well, but I haven't received replies to a few other support requests.

Anyway, here are the last few entries from the auction I actually won. I have seen similar statistics on auctions I didn't win. Based on this, I expected to pay $32, not $35. I just checked my account online, and my account was in fact debited $35.

Quote from http://secondlife.com/auctions/auction-detail.php?id=0026191909:

Bid History

Resident Bid Amount Bid Date
Paolo Portocarrero US$35.00 May-08-04 17:06:56 PDT
Rocket Roentgen US$31.00 May-08-04 17:05:14 PDT
sydney Blair US$26.00 May-08-04 16:06:37 PDT
Paolo Portocarrero US$25.00 May-08-04 16:05:45 PDT
Paolo Portocarrero US$20.00 May-08-04 16:02:04 PDT
sydney Blair US$19.00 May-08-04 16:02:04 PDT
...

Loki Pico

Registered User

Join date: 20 Jun 2003

Posts: 1,938

05-20-2004 12:48

I noticed that a couple of auctions were won by the top bidder out bidding themselves. One auction had the bid winner as the last four bids on the list. I could not tell if it was automated bids or just unusual manual bidding. Something might be up, or this post would not exist.

Jim Linden

Reverse SCP Master

Join date: 26 Feb 2003

Posts: 31

Winning bids are correct.

06-04-2004 15:46

Okay, I've had a chance to check out the values in the database and here's what I found.

A user came and placed a bid at 17:05:14 in the amount of $34.95. Paolo places a bid a little over a minute later at 17:06:56 in the amount of $35.00, thus making Paolo the high bidder with a current bid of $35.00.

So the source of the confusion comes from the way we presented the bid history. Obviously leaving out the $34.95 bid was not the right way to present bids. We have, since the close this auction, deployed a fix and now present bid history in a much clearer fashion.

-Jim

Incremental Proxy Bidding?
Paolo Portocarrero Puritanical Hedonist Join date: 28 Apr 2004 Posts: 2,393	05-19-2004 15:02 This may belong in feature suggestions, but here's my question. I notice that, after submitting a "maximum bid," the Place a Bid box at bottom says that the next bid = my maximum bid + 1. Then, when the auction is won, it's at the maximum bid price, not a fixed increment above the previous high bid. Is this truly proxy bidding, or is the maximum bid a hard number? I can't imagine that the previous bidder's maximum bid was one dollar less than mine... I guess I was expecting that the winning bid would not = my maximum, but instead, something like $1 above the next highest max bid. Am I missing something? I don't want to pay the maximum unless it's required to win the auction. Signed, Dazed and Confused
Essence Lumin . Join date: 24 Oct 2003 Posts: 806	05-19-2004 17:27 I don't know what the reality is. I certainly hope you are incorrect about it not being true proxy bidding. I haven't been in any auctions for a while. You should be able to see the bid history to see if someone bid a dollar less than you. The auction faq says - From: someone How does "Maximum Bid" work? When you enter a bid significantly higher than the current high bid, then the system will automatically bid for you up to the point of your maximum bid. This makes it less necessary to be online at the time the auction ends. The amount of the bid will be the minimum needed to outbid competing bidders. For example, if the current high bid is US$50, and you bid US$100, then a bid of $51will be automatically placed for you. If someone else bids US$75, then a bid of $US76 will be placed for you - and so on. If someone bids $101, then an email will be generated to you that you have been outbid.
Moleculor Satyr Fireflies! Join date: 5 Jan 2004 Posts: 2,650	05-19-2004 20:23 It -should- be one dollar over the next highest bid. Contact support. _____________________ </sarcasm>
Charlton Pendragon Senior Member Join date: 7 Jan 2004 Posts: 85	05-20-2004 08:20 Since the introduction of proxy bidding I have been watching some of the auctions, and have had doubts about the way it has been working....contact support and let us know the outcome. _____________________ Noyo Moorings & Tower / Rua Island
Paolo Portocarrero Puritanical Hedonist Join date: 28 Apr 2004 Posts: 2,393	05-20-2004 09:14 Good feedback. I'll try support, as well, but I haven't received replies to a few other support requests. Anyway, here are the last few entries from the auction I actually won. I have seen similar statistics on auctions I didn't win. Based on this, I expected to pay $32, not $35. I just checked my account online, and my account was in fact debited $35. Quote from http://secondlife.com/auctions/auction-detail.php?id=0026191909: Bid History Resident Bid Amount Bid Date Paolo Portocarrero US$35.00 May-08-04 17:06:56 PDT Rocket Roentgen US$31.00 May-08-04 17:05:14 PDT sydney Blair US$26.00 May-08-04 16:06:37 PDT Paolo Portocarrero US$25.00 May-08-04 16:05:45 PDT Paolo Portocarrero US$20.00 May-08-04 16:02:04 PDT sydney Blair US$19.00 May-08-04 16:02:04 PDT ...
Loki Pico Registered User Join date: 20 Jun 2003 Posts: 1,938	05-20-2004 12:48 I noticed that a couple of auctions were won by the top bidder out bidding themselves. One auction had the bid winner as the last four bids on the list. I could not tell if it was automated bids or just unusual manual bidding. Something might be up, or this post would not exist.
Jim Linden Reverse SCP Master Join date: 26 Feb 2003 Posts: 31	Winning bids are correct. 06-04-2004 15:46 Okay, I've had a chance to check out the values in the database and here's what I found. A user came and placed a bid at 17:05:14 in the amount of $34.95. Paolo places a bid a little over a minute later at 17:06:56 in the amount of $35.00, thus making Paolo the high bidder with a current bid of $35.00. So the source of the confusion comes from the way we presented the bid history. Obviously leaving out the $34.95 bid was not the right way to present bids. We have, since the close this auction, deployed a fix and now present bid history in a much clearer fashion. -Jim

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Incremental Proxy Bidding?