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@iamanark wrote:
Second chance offer is simple … it is used when the seller shills the bidding and forces up your bids … but when you don’t outbid them and the seller is left with the winning bid … they cancel their own bid and then offer you the “second chance” ... it is a great system

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Second chance offers are a legitimate tool, used by sellers who more than one identical item, or for sellers who have a difficult buyer who refuses to pay. ( often with no contact. ) While your little description is rather amusing, it does highlight why there is distrust of the system by buyers. This results in very poor uptake ( around 25% in my experience ) of legitimate offers from genuine sellers.