Article
Cascading and popcorn bidding are features used in some Arttoo auctions to ensure fair and competitive bidding.
Have additional questions? Contact the Arttoo Specialist team via specialist@arttoo.co or +1 (800) 718-4149 (Monday-Friday, 5am-5pm ET).
What Is Cascading Bidding?
Cascading bidding means that lots close sequentially, one after another, rather than all at the same time.
This staggered structure allows you to focus on individual lots without missing opportunities on others in the same auction.
Example:
If an auction begins closing at
6:00 PM:
- Lot 1 closes at 6:00 PM
- Lot 2 closes at 6:01 PM
- Lot 3 closes at 6:02 PM
Each lot has its own designated closing time.
What Is Popcorn Bidding?
Popcorn bidding automatically extends a lot’s closing time if a bid is placed shortly before it is scheduled to end.
If a bid is placed within the final moments (for example, the last two minutes), the closing time extends by a set increment (such as two additional minutes). This gives other bidders time to respond.
Example:
If a lot is scheduled to close at
6:01:00 PM and another bid is placed at 6:00:32 PM, the closing
time may extend to 6:02:32 PM.
Additional bids placed during the extension window will continue to extend the closing time.
When are Cascading and Popcorn Bidding Available?
Cascading and popcorn bidding are available on desktop and in the latest version of the Arttoo app (v7.3.8 or later).
Note: Not all auctions use cascading or popcorn bidding. Always review the auction and lot pages for details.