AutoBid is an automated function that bids for you if you are outbid on an item. When you are outbid, AutoBid will automatically place the Next Minimum Bid for you. Your AutoBid maximum amount is kept secret from all other bidders.

However, AutoBid will not place a bid higher than your desired maximum amount; instead, AutoBid will notify you by email that you have been outbid. After that, you may bid again or set up a new AutoBid. There is no guarantee that you will not be outbid.

You may modify your AutoBid's maximum amount at any time prior to the end of the auction by navigating to that item's page, but you cannot decrease your maximum amount below the next minimum bid.