Overtime bidding occurs when a bid is placed on an item in the final ‘X’ minutes of the auction. For example, if a bid is placed in the final 10 minutes, the end time will extend by another 10 minutes.
Further bids will only extend the end time if they are also placed in the final 10 minutes.
Where to Set the Bidding Extension
You can set or edit the Bidding Extension for an auction in the General Settings tab when editing your auction:
⚠️ Please Note:
You can also turn off the bidding extension by selecting No Extension from the dropdown options.
Why Do Auctioneers Use Overtime Bidding?
The Bidlogix bidding software aims to replicate the experience of a live auction room.
With a fixed cut-off time, the item goes to the bidder who clicks the bid button last.
With Overtime Bidding, the item is won by the bidder willing to pay the highest amount.
On the Public Front End (Timed Auctions)
Here, a bidder can see that approximately 5 minutes remain on the item:
Once the bidder places and confirms a bid, an additional 5 minutes is added to the end time:
