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Your high bid generally adds a single increment, although there are exceptions. If the current high bidder (ie, the person you're bidding against) also has entered a high bid, you will be outbidding each other 'by proxy' and whichever of you made the highest bid will then show as the new current high bidder. Should you both have made the same high bid, the person who made that bid first will show as the current high bidder. If you are bidding on an item with a reserve and your high bid hits (or surpasses) that reserve, your bid will show as the reserve amount.

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