Auction Ends: Sep 25, 2011 08:00 PM EDT

Tickets-Sports

Entry into Rails 2 Riches (12/10/11)

Item Number: 109

Estimated Value: Priceless
Sold: 162 USD to Wade2u

Number of Bids: 16 - Bid History

Item Description

This is it, the rail jam that fills up in minutes each year, the rail jam that competitors travel from all over the country, the rail jam that has a $20,000 cash purse! No, that isn’t a typo- new this year; we are giving up $20,000 in cold, hard cash!

Each year, the 100 coveted spots fill up online in less than 5 minutes. It’s a frenzy to even get a spot but here is your chance!

Entry into Rails 2 Riches on December 10, 2011 which includes competition jersey and lunch

Donated By:

Killington Resort

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Proxy Bid

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The goal of proxy bidding is for you to win the auction at the lowest possible price. Your maximum bid is only placed when another bidder also bids up to that amount or when the reserve price is equal to or greater than your maximum bid.

Bids will increase based on the bid increment set for the auction. Therefore, the current bid will equal the former bid plus the bid increment.

Example

An item’s current bid is $3.00, and the bid increment is $0.10. Jane chooses automatic bidding and enters a maximum bid of $6.00, so Jane becomes the high bidder and the current bid reads $3.10.

Straight Bid

Enter an amount higher than the current winning bid (displayed on the auction page as "Leading Bid"), and click on the "Bid this exact amount" radio button below the bid you just entered. Then click the "Place Bid" button. The system will immediately place your bid at the exact amount you entered.

Example

If the current high bid is $1.00, and you entered a straight bid of $15.00, you’re now the current high bidder at $15.00.

Reserve Price

The Reserve is the minimum amount the organization is willing to sell the item. If the reserve isn't met by the end of the auction, then this item will not be sold.

Bid Extension

The auction closing time on an item will be extended by 5 minutes each time a new bid is placed during the last 5 minutes of an auction. The item's closing time will continue to extend in 5 minute increments as long as there is continued bidding. The item will automatically close when there is a 5 minute extension period with no new bids.

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Further bidding will take place for this item during a live auction after online bidding is closed.

Absentee Bids

You can win items at the live event even if you can’t attend! When you are the leader at the close of online bidding and your Maximum Bid has not been met, your Maximum Bid will be used as an Absentee Bid in the live event. The organization running the auction will bid on your behalf up to your Absentee Bid (Maximum Bid).