OT: Ebay ? re: reserve auctions

[Carpe Diem]

Hi. I want an item on ebay but I don't want to pay the BIN price, say $150. There is a reserve. So, if I bid my max bid and it doesn't meet the reserve, but I am the highest bidder, can the seller decide to sell it to me anyway? Is that the second chance offer? Would I then have to pay my max bid or would it be what is the current highbidder price which may be quite a bit less than my max bid? Does that make sense?

Typically, how much below the BIN price do most people list their reserve?

Thanks.

[Brigitte]

The seller can decide to offer the item to the highest bidder in a second chance offer, but the bidder is not obligated to buy it.

HTHs.