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Does the auction keep all of your money if you lose the item?

As in...if you bid $10, then $12, then $14, are you actually spending $36 + bidding fees?

Because if you're only paying for the item once you win it, that is NOT a gamble.

Yes, there are fees involved. This is customary for EVERY auction. (I don't know about ebay, but visit a real-world auction sometime).



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