Help Topic



AUCTION TYPES

What TYPE Auctions are on LazyBids site?



Timed Reserve Auctions : once the Reserve is met the LOCK OUT feature will lock out any new bidders.


 


    Lock Out Auction : with the LOCK OUT feature, once the lock out level is met per our posted scale this will lock out any new bidders.


 


This is a Regular Penny Auction with NO RESERVE and NO LOCK OUT feature attached, when the timer runs out and there are no additional bidders the highest bidder WINS.