If you’re new and keep getting beat on Rigly auctions by higher bidders, you’re probably wondering, “How did that guy do that?!?” And, “WTF is a proxy bid?”

✨A proxy bid simply allows you to set a max bid, while only placing the minimum amount required to outbid any bids others place that is below your max bid.

✨ A proxy bid allows you to figure out a point up to which you’re willing to bid, set it and leave it knowing that it will outbid others up to your max bid threshold.

https://blog.rigly.io/how-to-bid-on-rigly-auctions-20250127/