Bidding on ebay how does it work 10 points for best answer?

If you are trying to bid on an item on eBay, you will want to bid higher than the last bidder. For example, if the item is at $5.00 right now, you'd want to bid $6.00. Then, if someone else comes along and bids $6.50, you'd want to bid $7.00 ... in other words, you'd have to keep bidding more than the last person to win the auction. You only have to pay the amount that YOU bid. Let's say you bid $7.00, and you won the auction. All you have to pay is the $7.00 - it doesn't matter what anyone else has bid. (Of course, you have to pay for the shipping to get the item sent to you, but that's the same thing with every item.) - Stuart ***EDIT*** RTFM makes a good point: if you're the one selling the item, you only collect from the successful bidder, not from all of the bidders. - Stuart

If you are bidding for 10.99, then someone else would have to bid higher than that in order to win it away from you. What do you mean, will you "get" 0.99? Is this something you are bidding on, or something you are selling? Your question doesn't make any sense.

eBay uses incremental bidding up to the maximum that you specify. If the item is at ten dollars and you bid twenty, then the new bid price will be ten and change (I don't know what percentage they increase bids at) and you will remain the high bidder until the incremental bidding exceeds your maximum bid of twenty dollars. The best strategy is to bid the maximum that you are willing to pay as it will only increase fractionally with each bid until it reaches your maximum and then you should walk away or risk overpaying by getting caught up in a bidding war.