Quote:
Originally Posted by alvin
What's the meaning of those "Plus 1", "Plus 2", I saw that on bid form, but don't know the meaning so I always leave that blank...
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Ah! There's another controversy! I had thought it meant a second (or third) incremented bid, from
your last bid...But another member told me it was a second (or third) bid from the last bid, no matter who from...
There is a big difference...If it's from the last bid, and say there were 3 bids above yours, in increments of $100, your Plus 1 bid could be $400 higher than your last bid...And your Plus 2 could be $400 more than that...But if it's just a Plus 1 from
your last bid, then you'd stop at $200 over your maximum...
It's very confusing...