BidMate – What it is
BidMate is the automated Bidding Assistant that follows your directions and lets you bid on an auction at times you have to be away from your computer or when you want to take charge of an auction. BidMate places bids at random intervals starting with a price at which you decide you want BidMate to start bidding for you. It will continue until it either uses up the bids allotted to it or the price exceeds the maximum spending limit you assign.
Bidmate – How it Bids
BidMate will start placing it’s allocated bids at the auction price you designate as the Mimimum Bid. After the current price on the auction has reached that number BidMate will start to bid for you by immediately placing 1 bid.
But Bidmate won’t spend your bids without a good reason – it will patiently wait and bid strategically and randomly for you. Your bids will be placed randomly between 18 and 1 second with an emphasis on random numbers below 12 seconds.
Battling BidMates - Fight to the Finish
What happens when 2 or more bidders are using Bidmate? The BidMates will square off and use all of their allocated bids until one is out of bids or the BidMate’s bidding parameters have been fulfilled. If the auction time is greater than 2 minutes then there is no effect on the auction time. However, if the auction time is between 1 second and 2 minutes when the BidMate’s clash – then the countdown clock is adjusted to add 1 minute to give all parties time to contenplate a strategy.
We don’t add per bid time increases when automatic bidding is activated because we want all active bidders out there to be able to get back in the game with out long delays. You shouldn’t have to wait to win!
How to Set Your BidMate
Programming Bidmate to Bid on an Auction is simple – just follow these steps!
- Select an auction by clicking on the image or the title.
- See the Bidmate box at the top of the right hand column – there are three boxes Min Bid, Max Bid, and Bid No
- What amount do you want BidMate to place the first bid for you? Enter that number in the MIN BID box.
- What is the Most you want to spend? Enter that amount in the MAX BID box. A minimum of 2 bids is required.
- How Many Bids can Bidmate make in that price span? (each increment must be $1) enter than number in the”BID NO. ” Box.
Now just click green “Activate” button and you are finished and ready to go! BidMate will place the first Bid for you when the auction’s current price equals the MIN BID number you entered.
Bidmate Tips
You’ll have to use at least two bids when programming BidMate so if you just want to place a single bid, simply click the bid button. This is handy to do before putting in a larger quantity of bids into an BidMate as you can identify if another Bidmate is active or not. Typically you don’t want to activate a BidMate when another is active as you don’t know how many bids are allocated. Then again, there are opportunities and situations where pushing a competitor’s autobid out of bids can be a strategic move and help you win.
You can change your BidMate if you need to at any time before it encounters another Bidmate and starts firing.
Caution:
Purposefully Disruptive Use of Bidmate (Autobidder) Strictly Prohibited – No user may use BidMate in any manner which disrupts the auction process or creates undue demands on system resources. For example, a user may not set numerous BidMates for a very small number of bids (i.e 1 or 2 bids) in order to set the clock to 1 minute time after time thus draining system resources and disrupting the auction for other members. Setting one or two low bid Bidmates to test the waters is perfectly acceptable. However, setting numerous Bidmates to purposefully disrupt the auction is strictly prohibited. Any member caught doing so will forfeit his or her membership and the value of any remaining bids on that member’s account shall be donated to the Jimmy Ruch Fund.