Bidding to Win at Dutch Auctions - dummies

By Marsha Collier

In a Multiple Item (Dutch) auction, bidders can bid on one or more of the items up for sale — and at the end of the auction, all winners win their items for the lowest successful bid price. So your primary goal for winning Dutch-auction items is to place your bid just right — so you’re not the highest bidder (raising the final winning price to a ridiculous amount) — and not the lowest bidder (it’s way too easy to be shut out by another bidder at the very last minute).

Before bidding on a Dutch auction, be sure to click the link at the top of the page to see the Winning Bidders list. Check out how many possible winners are hovering around the low bid price and how many are in the high area. To get the best chance of winning, you’re usually safe if you place your bid around the high-middle price — unless a sniper swoops up the entire inventory in the last seconds of the auction.