20-09-2020 3:26 AM
You get outbid by the same amount because it goes up in increments.
Say you were the highest bidder at £50. 50p, another bidder bids £100, they will win it for £60. The increment of 50p.
People bid in the dying seconds of an auction, last highest bid placed, wins.
look at the date/time the bids were placed
your bid shows first in the list because you were outbid, the winning bid shows at the top