This is a sealed-bid system, so that means that no one else can see your offer. There are two types of auction:
High Bid where, from the last 1,000 wins: 1 in 4 people have won... the average discount was 52% Low Bid where, from the last 1,000 wins: 1 in 58 people have won the average discount was 98%
High Bid where, from the last 1,000 wins:
Low Bid where, from the last 1,000 wins: