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$7,500 for an Xbox on eBay.....How?

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  • Creaking Door
    Rank 5 Registered User
    • Sep 2006
    • 9813

    $7,500 for an Xbox on eBay.....How?

    Oh, yes, of course.....it's in the Daily Mail!

    Except that you can't win an auction for $7,500 by bidding $7,500 because the auction format used on eBay only allows you to outbid the next highest bidder by a fixed increment and at $7,500 the bidding increment is $100...

    ...so the only way that you could have a bid accepted for $7,500 is if somebody else (you can't bid against yourself) placed a bid for $7,400?

    If the Xbox was $70 as the story says, and nobody else bid, a $7,500 bid would win the Xbox for $71!

    http://www.dailymail.co.uk/news/arti...nstead-75.html
    Last edited by Creaking Door; 6th October 2015, 09:06.
    WA$.

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