I hadn’t come across these pay for a bid / seat auctions. The way that MadBid resets the clock on a bid each time a bid is made is maddening. Not for me – all we need is for someone to create a sniping tool and then it will be relatively pointless. Also, it must take a lot of time to sit and watch the bidding, and at a pound a bid, you’ll mostly be losing, I think.
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