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| What is Autobidder? How does it work?
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One of Eurobids functionalities is an Autobidder tool. It bids automatically for you when you are unavailable to observe the Eurobids auctions in person. All registered users can use the Autobidder tool.
Autobidder is very simple to use. Just follow these steps:
· Login to your account
· Check that you have enough bids on your account
· Click on the auction you are interested in
· Under the auction you will find the Autobidder section
· Specify the product price range within which the Autobidder will make bids for you
· Specify the maximum number of bids that you are willing to make
· Click Start Autobidder button
The system will now bid for you during this auction and will help you win the product
You can always enter your account and either stop or change Autobidder criteria that you have set |
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| Is the warranty on the goods that I bid for an win in the auctions? |
| All products come with relevant warranties where applicable. |
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| What happens if at a new auction only one bid is being submitted and nobody else raises the bid?
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| The auction closes once the countdown timer reaches 0 (zero) and the product is sold for €0,01 to that single bidder. |
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| Can I undo already submitted bids? |
| No. Already submitted bids cannot be undone. |
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| Can I bid for the same product more than once? |
| Of course. There is no limit to how many bids can be placed on an auction. If you are bidding via text messages then note that there might be limitations on the number of text messages operators allow per month. Please refer to information your mobile operator regarding such limits. |
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| Are the products being sold all new? |
| Yes. All products sold are brand new and come from respected manufacturers. All products come with relevant warranties whereever applicable |
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| Why does the countdown timer length vary for some auctions? |
| For every new auction, the countdown timer (during which users can place a new bid) starts at 2 minutes and usually stays so until the auction ends. In some cases, however, there are auctions of very high user interest and many bids are placed by users within a short interval, always resetting the timer at 2 minutes. Our auction system is built to analyse such user behaviour and in these cases we will shorten the countdown timer length so that our users have a chance to win the item faster. It is not in ours nor our customers’ interest to keep the same auction running for a long time. On the contrary, we want to have more winners and more variety within our auction list so that we can best service the needs of our different customer profiles. |
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| There is an auction that ended today and now I see it re-listed. Why?
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| True, there is a possibility that it might happen. This is when the auction winner turns out to be a fraud – for example someone who has registered multiple accounts in our system without entering any personal data and automatically received 5 free bids for each username created. All bids by such fraud users will be considered void and the auction will be re-listed from the same point when it ended so that real users can have a possibility to win it.
Our support team is doing its best on a daily basis to identify and delete such false users.
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| What does 50% price guarantee means? |
| We GUARANTEE that the current price at each auction end will never go higher than 50% of retail price. In case Current price will be higher, Eurobids will compensate the balance. This not include money spent on bids. |
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| How can I start using Eurobids?
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You need to register as a user at eurobids.net. It will take you 1 minute. After a successful completion you can buy bids on our site and participate in any auctions you wish.
**Note. You must be at least 18 years old to use Eurobids.
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| How do I participate in the auction?
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| In order to participate you need to place a bid in an auction by bidding through a Eurobids online account. Creating a Eurobids account is easy, simply click on „Register“ and follow the instructions. Once registered, you can upload bids on your account through all packages that are available. |
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| What is Eurobids? |
| Eurobids is a unique auction concept in Cyprus. The fundamental idea is to offer brand new products for auction and to give users an oppportunity to buy them at very attractive prices. |
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| How does Eurobids work?
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1.All auctions start at €0.00 and items on auction are brand new
2.You can place bids using your Eurobids account and clicking on Bid now
3.Every bid placed will increase the price of the item €0.01 at a time
4.There is a countdown timer for each auction (30 sec – 5 minutes, depending on the auction), which resets every time a new bid has been made.
5. If the countdown timer reaches zero (i.e. no new bids are made during the last countdown), the last bidder wins the right to buy the product at the current price.
6.Bids for each auction can already be made after each auction start. The current price of the item will be visible on the website under each auction during all times ..
7.The opening times of different auction may vary. The opening time for each auction is specified on our website. .
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