$7,500 for an Xbox on eBay…..How?

Oh, yes, of course…..it’s in the Daily Mail!

Except that you can’t win an auction for $7,500 by bidding $7,500 because the auction format used on eBay only allows you to outbid the next highest bidder by a fixed increment and at $7,500 the bidding increment is $100…

…so the only way that you could have a bid accepted for $7,500 is if somebody else (you can’t bid against yourself) placed a bid for $7,400?

If the Xbox was $70 as the story says, and nobody else bid, a $7,500 bid would win the Xbox for $71!

http://www.dailymail.co.uk/news/article-3260725/That-s-paid-mom-s-car-Father-reprimands-son-bidding-7-500-Xbox-eBay-instead-75.html