Bid Increment
The Bid Increment value is used to set the value for the next valid bid on an auction.
For example, if the current bid for an item in a standard auction is $10.00 and the bid increment is $1.00, then
the next acceptable bid will be $11.00.
This site has a table that is used to set graduated bid increments depending on the current
bid value; however, you can override the default bid increments and set your own custom bid increment that will be used for your auction by entering a value in this field.
If you want to use the standard bid increments, then just leave this field blank.
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