Quote:
Originally Posted by 4MuscleMachines
I'm stumped as well, what do you mean by "real money" and "pretended they had bids"?
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It's called PHANTOM BIDDING.....
The "house" just tosses in numbers like someone was/is bidding. Real bidders are called "real money"...
What you don't know - and it happens all the time - is that the "pros" have guys that will bid to "bump" a bid along, but they know what the reserve is. And sometimes a seller will buy their own car back in a no reserve auction rather than lose money.