The Successful Bid is the lowest unique one

You have the opportunity of buying products at below street price through an auction organised along the lines of a blind lowest unique bid auction. The Successful Bidder is the one who places the lowest unique bid and he can purchase the product at the price offered.

The lowest unique bid is the lowest bid in pounds and pence for a specific product which is closest to 1 penny (£ 0.01) and which has not been bid by any other member.

The illustration explains the purchase mechanism based on a blind low bid auction.

The illustration shows that the successful bidder, who has the right to purchase the product, is the member who bid 3 pence. In fact, three pence is the lowest unique bid (for example £ 0.05 is also a unique bid but it is not the lowest), in other words only one person offered this amount (for example £ 0.01 is the lowest offer but it is not unique as other members made the same bid). The bids are blind, in other words secret, until the end of the Bid Period. As soon as your purchase offer is accepted by Bid4Golf you will receive the ranking of your bid compared to other bids placed by the other members but not the values. Create your own strategy to purchase the product at the price you want!

Credits required for each bid

For a bid to be accepted by Bid4Golf you need to register and have Credits available in your account. The number of credits required to place a bid varies depending on the item being auctioned. Credits can be purchased or free. If you have any doubts or questions see "FAQ".

For anything not expressly mentioned, please read the Rules contained in the Terms and Conditions of Use.