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Are There Any Pitfalls To Increasing A Maximum Bid On Ebay?

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Mental-Judge | 17:23 Tue 20th Mar 2012 | ChatterBank
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Sorry if this is the wrong section for this type of question but I didn't know where else to put it.

Yesterday I placed a bid on an item on eBay, the starting bid is £9.99 so I made my maximum bid £25.00. I'm currently the only bidder so obviously the price at this moment in time is still £9.99. The auction is due to end this weekend and I've just realised I won't be home so I've decided I want to play it safe and increase my maximum bid to £50.00. The thing I'm worried about is will I, in effect, be bidding against myself? i.e. will the current bid increase? I don't mind if it increases by 50p or even £1 but my concern is that it will increase to a pound above my original maximum bid of £25.00, making it £26.00. I'm pretty sure something like this has happened to me before although it was about six years ago and the details are a little sketchy. If I remember rightly, on that occasion it only involved a couple of quid where I'd increased my maximum bid from £3 to £5 for an item with a starting bid of 99p. Again I was the only bidder but as I recall, I shot myself in the foot by increasing my maximum bid and ended up paying over 3 quid for the item. I don't know whether it was a system glitch on eBay's part or if it's supposed to do that, but I don't want to take the chance and end up paying 25 quid for an item I may be able to get for a tenner.

Alternatively I'm thinking I might be best just to retract my bid, and bid again with my renewed maximum bid.

TIA
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