Sold Aces Casino & Sports Bar Arlington WA X 100 (1 Viewer)

[Tommy]

Rule 2 states bids at ×55 do not extend does not say not valid

Correct.

All the x:55 bids and the bid at closing time x:00 are not valid.

x:56 to x:59 bids would have extended the auction. I do not see any at those times.

 

[mannix]

But x55 is still within open auction time so should be a valid bid but not extend past auction close at least that's how I am reading it. I would think the 66 and 67 bids are valid as coming in before 12 but the 12 is not valid due to auction not being extended and at closing time

 

[ChipFinderSK]

Tommy has spoken - winning bid is the 45-minute warning

 

[Tommy]

But x55 is still within open auction time so should be a valid bid but not extend past auction close at least that's how I am reading it. I would think the 66 and 67 bids are valid as coming in before 12 but the 12 is not valid due to auction not being extended and at closing time

I know the 5 min rule can be confusing and not an ideal solution for having auctions in a forum setting. But we make the best of it. Based on the how the rules are currently written, the x:55 bids are not valid and do not extend the auction. #2

The x:00 bid is at the close time and also not a valid bid. #4

1. If the close time is 3:00pm, any bid at 2:56pm up to and including 2:59pm is valid and extends the auction for another 5 minutes from the last bid.
2. If the close time is 3:00pm, a bid at 2:55pm does not extend the auction.
3. If the close time is 3:00pm, and a bid is placed at 2:56pm, the auction now closes at 3:01pm.
4. Bids at the close time are not valid bids.

We won't have this issue in the near future.

Spoiler

 

[mannix]

I know the 5 min rule can be confusing and not an ideal solution for having auctions in a forum setting. But we make the best of it. Based on the how the rules are currently written, the x:55 bids are not valid and do not extend the auction. #2

The x:00 bid is at the close time and also not a valid bid. #4



We won't have this issue in the near future.

Spoiler

View attachment 1530114

Ya guess no 2 stating does not extend and not are not valid and does not extend made me think they would be valid still just not extend past initial close time

 

[BigSlick4523]

I know the 5 min rule can be confusing and not an ideal solution for having auctions in a forum setting. But we make the best of it. Based on the how the rules are currently written, the x:55 bids are not valid and do not extend the auction. #2

The x:00 bid is at the close time and also not a valid bid. #4



We won't have this issue in the near future.

Spoiler

View attachment 1530114

I think we should just do a 6min rule anything within 5mins is good but if it's 6mins or further it's no good

I think that would solve it it's the same thing as the 5mins rule it would just be bumped to 6mins lol sounds stupid but would prob workout better

It's the 5min mark thing people need to get the bid in within 4 mins basically cause once it hits the 5min mark the auction is down

 

[mannix]

I will say the fact that x55 bids are not valid but x56 bids are is super counter intuitive but if it's getting revamped won't matter soon enough

 

[Tommy]

Ya guess no 2 stating does not extend and not are not valid and does not extend made me think they would be valid still just not extend past initial close time

Actually, I think you may be right. I'm just not thinking clearly today. The x:55 bids are valid but do not extend.

 

[PokerSTLplayer]

So the @mannix bid for $67 @ 11:55 was the winning bid still?

 

[mannix]

So the @mannix bid for $67 @ 11:55 was the winning bid still?

Ya he was ruling it as 65 originally but it seemed wrong to me.

 

[PokerSTLplayer]

So we needed a bid at 10:56 to 10:59 to extend 5 more minutes from the last bid for a winner

 

[PokerSTLplayer]

So we needed a bid at 10:56 to 10:59 to extend 5 more minutes from the last bid for a winner

?

 

[Tommy]

So the @mannix bid for $67 @ 11:55 was the winning bid still?

I would say the last x:55 bid is the winner. The x:55 bids just did not extend the close time as per #2.

 

[PokerSTLplayer]

So the @mannix bid for $67 @ 11:55 was the winning bid still?

 

[Chipnut]

Congrats to @mannix and thanks to @PokerSTLplayer for a fun auction. Thanks to @Tommy for an explanation. Happy 4th everyone!

 

[PokerSTLplayer]

 

[BigSlick4523]

?

Yes that is correct

55 does not extend the auction time so it would still be closed at 00

56 it would close at 01

57 it would close at 02

58 it would close at 03

59 it would close at 04

And 00 the auction is over so a bid coming in at 00 is not valid

 

[PokerSTLplayer]

Sorry @Chipnut for two weeks in a row being involved in this same question. Lost both auctions due to my incorrect ruling last week and the corrected ruling this week. That’s for being a sport and sorry again for the confusion.