Bid Increments

The bid increment is the amount by which a bid will be raised each time the current bid is beaten. It is a predetermined amount based on the value of the current highest bid.

Bid increments are determined according to the following regular amounts:

  • Current bid between 0-9 - 1 Minimum bid required
  • Current bid between 10-49 - 2 Minimum bid required
  • Current bid between 50-99 - 5 Minimum bid required
  • Current bid between 100-199 - 10 Minimum bid required
  • Current bid between 200-499 - 20 Minimum bid required
  • Current bid between 500-999 - 50 Minimum bid required
  • Current bid 1,000 & Above - 100 Minimum bid required