What is an automatic bid? What is a robot?
To simplify bidding, you can set up a robot that will bid for you, following the parameters you give: maximum bid and maximum number of bids. Automatic bids are those done by a robot set up by one of the participants.
Once a robot has been set up, it will bid once every time another bid is placed, and its limits have not been reached. This means that:
- if you are not the highest bidder when the robot is created, the robot will not do anything until someone (you or someone else) bids. If you create a robot at the last minute, don't forget to bid manually once to ensure that the robots starts!
- the robot will bid as many times as you tell it to, adding $0.01 to the price, using one point, and adding 20 seconds to the countdown timer for each bid it does on your behalf.
- if there are multiple robots competing on the same auction, they will all bid in turn as soon as a new bid is recorded, until there is only one left (because the others reached one of their limits). This means that if two or more robots have a high limit in bids, they can use a lot of points very quickly, and add quite a lot of time to the countdown timer.
The values shown in the robot creation form are suggestions based on frequent patterns of use. You can and should modify them to suit your needs.
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