I was bidding on a watch on ebay, it housed a used 2824 movment.
Now the past two days I noticed this one person was interested in the watch and he had two bids listed above mine and was the current leader. I knew he has set a onetime bid limit and I was curious to know where was at. The price was at 260 dollars and I meant to go to 275 dollars but made a mistake and place 2,7500.
Now it showed me that I was the current leader and the other person maxed out at 510 dollars.
I quickly jumped online and started reading about how to retract a bid. I was about to retract my bid but it had me wondering how many people might do this as common practice.