What is auction "SOLD" - lowest unique bid
auction "SOLD" - the lowest unique bid is reverse auction where the lowest unique bid wins.
Winner of the auction "SOLD" - the lowest unique bid is a bidder, who offer lowest unique bid. Seize your chance...buy an engine for € 2.66, a trip into a hot places to € 4.13, or buy a house for a whopping € 28.55. Do you think that this is impossible? It is possible! Auction of "SOLD" - the lowest unique bid is the reverse auction, where we are looking for minimum bid, offered by you and no one else from the others involved in the current auction. |
5 Free Bid's
| How to win the auction "SOLD" - the lowest unique bid |
it's simple…
All you need to do is send a bid. The computer system will check all the bids and give you the answer about status of your bid via e-mail. If your bid is the lowest and unique at the end of the auction, you are the winner of the auction. In other words, if your bid is the lowest, but other bidders which participate in the same auction have the same bid, you can't win, but if your bid is the lowest and no one of the bidders has the same bid, you are the winner of the auction. Example: If your bid for scooter is € 1.50 and this is the lowest bid, but someone places the same bid, you can't win the auction because your bid is not unique. The computer system will look for the next lowest bid and check if it's unique. If at this moment auction ends, a person who placed that bid can buy the scooter for the price of the bid. If your bid for scooter is € 1.50 and this is the lowest bid and no one places the same bid, your bid is lowest unique. If at this moment auction ends, you win the auction and you can buy the scooter for the price of 1.50 €. The winner of the auction is the bidder with the LOWEST UNIQUE bid. (The lowest bid that is not placed by anyone else) Each auction starts at € 1.00, which is the lowest possible bid. |
5 Free Bid's
What is the lowest unique bid;
if we have for example two bids for € 1.00, one bid of € 1.50 and two bids for € 2.00. Who is the winner of the auction?
The lowest bid is € 1.00 but we have two equal bids, so this bid is not unique. The bid € 1.50 is not lowest but is the lowest bid that is unique. (Other lower bids are not unique) The main rule is: if there are two or more bids of the same value, then the value of this bid can't be winning, because it is not unique. |
UnibidAuctions.com - 5 Free Bid's
