Belt Auction

How do ebay bidding transactions work?

When I bid on a piece, does each bid cost me money. I ask that because those bidding sites do it like that. I wasn't sure if ebay did the same thing. If i bid 100 bucks for something but get outbid, do i lose any money at all?

Public Comments

1. No, the highest bidders win, they pay the price and all the bidders who bid that did not won will not have to pay anything at all, Its not like casino.