Overture Autobid charging highest amount.

Charges showing up do not reflect actual bid.

[Tropical Island]

Zamboni posted in another thread about being charged the full autobid amount instead of 1 cent above the bid below you. I posted this answer:

I also just came in to see if anyone else had noticed. I thought I was going crazy. For the last three days I've noticed that I'm being charged the autobid amount when in fact the actual bid was much lower. This must have something to do with the automatch system. We should probably start a seperate thread on this.

What I've just done is change all my bids to "fixed" and lowered them to the amount that is just above the one below me. This will not only reduce my billing but also the billing for the bidder above me. I just hate being taken advantage of and Over is getting to the end of my patience. Yes I want to be there but I don't want to look like a fool. What is the point of autobid if they are just going to charge you the higher amount anyway. Also, if they are going to charge a higher amount because of automatch then show us what the term was and allow us to opt out if we don't agree with the match.

Rant over...

[jeremy goodrich]

Hm. Sounds like their pricing these days is a little less than clear. Unfortunately, if the ROI is working for you, they (overture) get you places you can't get, otherwise - so you are sort of out of options.

You might consider some bid management software -> there are plenty of packages out there these days, it seems, with more software name dropping going on all the time. :)

Hope that helps...

[mansterfred]

I have noticed the same thing. Has anyone contacted OV?

[Zamboni]

Looks like they switched it back to the way it was before for me. (for now)

[hannamyluv]

I got an email stating there had been some billing mistakes and that I was getting a refund. I am guessing it is in regards to those clicks that were charged the max bid amount instead of the .01 higher than amount.