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PERPETUAL AUCTIONS
The "perpetual" icon
represents Auctions
that reset after each winning bid. ie. meant for popular
Auction Items & Services
Tip: The more you bid on the same Auction, the more your
Bidpower will increase, which improves your chances for
eventually winning Auctions you bid on as either an Instant
Reward or Instant Offer.
RESERVE PRICE / NEXT ADV
The Reserve Price is the total amount of bids that have to
be placed for the next winning bid to be selected - which
means another bidder will receive the auctioned item, good
or service.
To help create more Auction Winners faster, some Auctions may
have "combo bids" on (ie. enabled), which combines the bids of
similarly valued Auctions (into "buckets") to reach
reserve prices faster.
Example: If Auction A has a reserve of $1,500 and
Auction B has a reserve of $1,750 - then, if "combo bids" is enabled
the bids of both will be combined.
Auction Buckets
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Every time the Total Bids (of all
Bidders for this Auction) reaches the Bids Goal (ie. Reserve), the Bidder
with the most "cumulative" bids
(across all cycles for this Auction) "wins".
The Auction and Bids Goal then automatically reset - and it re-starts again
and again - generating new winners each time.
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time - even 1 at a time; Learn more