They're bidding and if they win they retract. When they retract, their bid is deleted then they bid again, a dollar less then what the highest bidder has put in.
This makes the highest bidder pay the most.
That's just wrong, anyway you look at it. Here's an example.
Tick-Tock, you put in $370 dollars as your maximum bid. The current bid is $300, but nobody can see that you put in $370.
I come in and bid with only a minute to go. I bid $400 dollars. I'm currently winning, you're losing. I can now see that you put in $370 as your maximum bid.
With 30 seconds to go, I quickly retract my bid. Now you are winning again. Your bid is $370 and the current bid is $300.
NOW, I've just retracted and I bid again, this time $368 or $369 for good measure.
I just made you pay $370 dollars because I KNEW that's what you put in. Had I not interfered, you would have gotten it for $300.
That. Is. Wrong.
What makes it WORSE is that the person doing this could be a friend of the seller, or THE SELLER with another account. It seems very likely considering a good bulk of these auctions have this problem occurring.
