There are two types of bids during TBR:
The Entry Bid
Placing an entry bid from the WHC Domains Backorder page
(sometimes referred to as placing a backorder
) shows your interest in a particular domain and allows you to participate in its Drop. All entry bids must be placed before the weekly Drop time.
Entry bids represent the price you will pay for the domain if no one else places an entry bid for the same domain. You should consider placing an entry bid for each domain you are interested in securing.
Entry bids start at 20$ and include the cost of the domain registration, if you win the domain. While this amount is not charged when the order is placed, a valid credit card must be provided and will automatically be charged if you are the winner of this domain.
Every time someone places an entry bid for a domain, its cost increases for the next interested client. For example, if someone places an entry bid for somedomain.ca at 20$, the next interested person would pay 35$ for the same entry bid, the following interested client would pay 50$, and so on. Increasing your entry bid (also called minimum bid
) before the auction can sometimes send a signal to other bidders that there is strong interest in this domain and potentially sway others from participating in this domain’s auction.
Domains with multiple entry bids go to auction after the Drop.
Entry bids are one of the indicators WHC uses to gage the interest for a particular domain and to prioritize this domain in its internal algorithm when competing against other providers during the Drop.
If WHC secures a domain during the Drop, anybody who placed a backorder for a domain that has received multiple entry bids will automatically participate in its auction.
The auction begins shortly after the Drop has completed, and lasts until 2PM EST the following day (Thursday). You will receive an email if you are part of an auction and can view and update bids through your Client Area’s Backorder Center
When participating in auctions, you will see the following information for each domain auction:
- Domain: this is the domain in auction.
- Time remaining: this is the time left before the auction ends. Any bid placed in the last 3 minutes of the auction will extend the time remaining by another 3 minutes.
- Current bid: this is the current winning bid for this domain.
- My Max bid: This is the highest amount you’re willing to pay for this domain (sometimes referred to as a proxy bid). The system will automatically bid the lowest amount on your behalf as other people bid in the auction, up to your max bid. If someone outbids your max bid, you’ll need to enter a higher max bid for a chance to win the auction.
Keep in mind that popular domains are likely to receive a lot of attention (and bids) in the final minutes before the auction closes. We strongly recommend you set a high enough maximum bid to avoid losing the auction right at the end, and monitor your auction closely in its final minutes. Popular domains often close at auction for amounts greater than C$3,000.
If you are outbid during the auction, you will receive an email letting you know.
The auction results for auctions in which you participate in will be available at the end of the auction in your Client Area’s Backorder Center
. This is also where you’ll be able to claim any domains you win.