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Following nearly a year and a half of development, Beezid launched in October 2009. [1] The company's name is a play on the word "bid," using a form of slang similar to izzle-speak. [1] On September 30, 2016 Beezid auction site was placed on standby. [2] Beezid confirmed the site is no longer functional on October 11, 2016 on their Facebook ...
If the winning bidder used 150 bids in the process, they would have paid 150 for the bids plus 60 for the final price, a total of 210 and a saving of 790. All the other, losing, bidders collectively paid 5,850 and received nothing. A 2010 TechCrunch article about penny auction site MadBid called this business model "a license to print money."
Negative free bid is a contract bridge treatment whereby a free bid by responder over an opponent's overcall shows a long suit in a weak hand and is not forcing. This is in contrast with standard treatment, where a free bid can show unlimited values and is unconditionally forcing.
The reserve has been set at $100,000, and this bidder is happy to buy it at $120,000. The bidding starts at $80,000. Without the auctioneer bidding on behalf of the vendor, it would never progress beyond that amount. However, because the auctioneer will take bids or generate bids of $85,000, the bidder then goes to $90,000 etc.
The simplest type of bid-ask spread is the quoted spread. This spread is taken directly from quotes, that is, posted prices. Using quotes, this spread is the difference between the lowest asking price (the lowest price at which someone will sell) and the highest bid price (the highest price at which someone will buy).
The total of all bids received is $19.5 billion, and the number of bids accepted would be $10 billion, therefore leading to a bid-to-cover ratio of 1.95 (calculated by the value method). Since the managers are interested in raising the cheapest debt possible, bids 1, 2, 3 will be covered in full ($7 billion).
2/1 game forcing (Two-over-one game forcing) is a bidding system in modern contract bridge structured around the following responses to a one-level opening bid: . a non-jump response in a new suit at the one-level is constructive and forcing for one round,
In natural systems, most bids (especially in the early phase of the bidding) denote length in the suit bid. In artificial systems, the bids are more highly codified, so that for example a bid of 1 ♣ may not be related to a holding in the club suit. Natural system(s) are the "lingua franca" of bridge players, with regional variations. Thus, a ...