How does the bid-ladder work?
Updated
The bid-ladder calculates the lowest possible bid. It looks like this:
Current bid | Minimum bid |
1-19 SEK | 1 SEK |
20-99 SEK | 5 SEK |
100-199 SEK | 10 SEK |
200-399 SEK | 15 SEK |
400-999 SEK | 20 SEK |
1000-2499 SEK | 30 SEK |
2500-3999 SEK | 50 SEK |
4000-5999 SEK | 100 SEK |
6000-9999 SEK | 200 SEK |
10000+ SEK | 500 SEK |
For example: If a leading bid on an auction is 18 SEK you may raise it to 19 SEK. Should the leading bid be 50 SEK, the next possible bid is 55 SEK.
An auto-bid does not have to comply with the bid-ladder as long as it is higher than the current highest bid.