If your bidding on an item, it would be nice if you want to cancel your bid.
For Example, Lets say you bid on a gun that costs 20k. And you bid at 15k, within like 10 or so minutes, you can cancel and it would be refunded.
The Market
Just no.
If you place a bid, it's not fair to the seller if you suddenly cancel. Otherwise I could set up like 50 different bids on the same items, then when I get one within 10 mins, I cancel the rest.
I doubt there's ANY auction system that allows a bid-cancel.
-1
Taken straight from ebay. Ignore unbolded text:
"As a general rule, you can't retract or cancel a bid. Once you place a bid, you agree to pay for the item if you're the winning bidder. A bid or commitment to buy on eBay is considered a contract and you're obligated to purchase the item.
Please remember that every bid is binding, unless the item is listed in a category covered by the non-binding bid policy or the sale is prohibited by law or by our User Agreement. Bidding on multiple identical items should be done only if you intend to buy all of the items.
Your bids affect how other users bid for an item and the item's final selling price. We carefully investigate all bid retractions to determine whether they are appropriate and conform to the rules for buyers. Abuse of bid retractions can result in the suspension of your account.
Bids retracted within the last 24 hours of a listing can be viewed as an example of shill bidding, which is a serious violation of eBay policy."
They made it so you can't cancle a bidding for a reason. For example if there's like a night blade for 2k crowns bidding you can make it like 99k then it's so expensive no one buys it and just before it ends you cancel and change it as 1crown.
Btw didn't feel like reading so just typed this some of you prob said this already tho D:
The point of bidding is to commit to your bid. The auction house is not a grocery store where you can take back a cereal box because there is no prize inside.