Bid incentives

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kevinkelly
Member of DD Central

Posts: 96

Likes: 37

Bid incentives Mar 29, 2017 20:07:54 GMT

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Post by kevinkelly on Mar 29, 2017 20:07:54 GMT

The bid incentive system is broken.

Take a look at the Cleaners that ended tonight.

£150 bid gets an incentive payment for being twice the average bid. As do a handful of £100 bids.

My bid of £1,000 doesn't get the incentive.

Is it 'cos my bid is MORE THAN twice the average bid? Or is it that the system is broken, again?

kevinkelly
Member of DD Central

Posts: 96

Likes: 37

Bid incentives Mar 30, 2017 11:00:58 GMT

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Post by kevinkelly on Mar 30, 2017 11:00:58 GMT

The text on the pop-up panel says - Bid is double the average bid

And I just found this on the website - Growing lender – Double your average bids on previous loans (if your average bid size is £20 and you make a single bid of £40, you get cashback on the £40 bid)

So you are right, however I still think the text is at best misleading as it appears to be offering an incentive which doesn't actually exist in the form the pop-up suggests.

On the same auction, Cleaners, there are NO bids awarded the incentive Quick Lender, which appears to mean that no bids were among the first 10 bids placed. Not quite sure how that works!

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