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No, truly, in this style of auction (sometimes called an entrapment auction), the loser does genuinely have to fork over whatever their last (losing) bid was.
by jat850 16y ago
No, truly, in this style of auction (sometimes called an entrapment auction), the loser does genuinely have to fork over whatever their last (losing) bid was.
- die_sekte 16y agoWhich, in my opinion, is even worse than the bidding fee auction (used by swoopo) model.