ANOTHER WAY TO WIN
It is not possible to predict how many bids will occur and at which discount level bidding will stop. An auction may end when the discount reaches 27 percent of the product's price while another auction may generate a discount of 82 percent. If bidding progresses beyond a predetermined number of bids without a winner, Kyrano makes available an INSTANT WINNER discount. This is best explained by an example.
We assume that bidding has started on a $500 product with a discount of $100. As bidding progresses, the discount increases, and by the time the discount reaches $240 there is still no winner. Now Kyrano announces that a bidder can become an instant winner by accepting a discount of $170. The instant winner discount is visible to all bidders, but it is available to the current bidder only when the timer counts down to some number, 6 or 4 seconds, for example. If your timer is not stopped before then, you can select the instant winner discount and the auction ends. Alternatively, you can wait for the $240 discount available if the timer reaches zero. Bidders don't know at which point in your timer the Instant Winner button will become active. Kyrano varies that point with each bid.
To become an instant winner, you must give up some of the normal auction discount.
The Instant Winner discount is always below the normal auction discount. The Instant Winner discount increases faster than the normal discount, so that it approaches closer to the normal discount with each bid. Therefore, if the instant winner discount becomes available to you, you must decide if you want to win the auction by accepting it, wait for the larger normal discount, or wait for the instant winner discount to become larger. You must always keep in mind that other bidders are competing with you. However, when you place your bid and your timer starts running, other bidders don't know at what point on your timer the instant winner discount will become available to you.