Auction Types
eBay has several different kinds of auctions, each with different rules, so it's important to know which type you're dealing with before you bid. This section explains the different types of auctions on eBay and how to spot them.
Timed Auctions
Most eBay auctions are timed auctions. Not only do you have to outbid other bidders, you also have to beat the clock. With timed auctions, one second after an auction closes is no different from a whole year—both are too late. The ticking clock adds to the excitement, because in many auctions, the real action begins in the closing minutes, as bidders vie with each other to make their best bid as near as they can to the auction's close. This practice of last-moment bidding is called sniping; you can learn about sniping in detail on Section 3.3.1.2.
Most eBay auctions last from three to seven days, although they may be as short as one day or as long as ten. (The seller determines the length of the auction at listing time.) eBay sets the end of the auction, right down to the second, based on the time the auction begins.
You can see how much time is left on an auction on either a search results list (check the rightmost column) or near the top of an auction page (Time Left is near the top of every page).
Note
eBay itself is in California, and all auctions run on Pacific Time. To see what the official time is according to eBay, click the eBay Official Time link at the bottom of any page.
Reserve Auctions
Sometimes a seller wants to start ...
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