Yes, online we call this a PROXY BID. In the AMOUNT box simply enter a LARGER AMOUNT and the system will bid for you in 2.00 increments. Your bid amount will not jump up to the large amount unless someone already has a larger proxy on that item before you.
EXAMPLE OF HOW A PROXY BID WORKS
IN THIS EXAMPLE BIDDER “A” IS THE FIRST BIDDER ON AN ITEM AND PLACES A PROXY BID OF 25.00.
Bidder “A” will be shown as the current high bid at 5.00 as all auctions start at 5.00 (excluding currency and vehicle auctions) Bidder a will have a hidden proxy of 25.00.
if BIDDER “B” comes and places a bid of 7.00 the system will automatically give BIDDER “B” a outbid notice and instantly place a 9.00 bid for BIDDER “A” (Using the proxy to place a 2.00 bid) and BIDDER “A” will still be winning the auction not at 9.00.
If anyone paces a bid of 25.01 or higher BIDDER “A” will no longer be the winning bidder.
If the auction ends and the current bid is still 9.00 then BIDDER “A” will be awarded the auction lot for 9.00.