JasXI
Club Captain
- Joined
- May 24, 2013
- Online Cricket Games Owned
Actually it's not as straight forward as it seems. The very fact Venk bid for a player he couldn't he jacked up the bid price for the said player and maybe didn't allow someone lke RIZZYX to get the player. Even if RIZZYX or someone gets the same player they might have to end up spending more money.
In nutshell, Venk did break the ground rules of the auction and impacted the auction process. He should be penalized accordingly irrespective of the fact he was outbid and will not get the player else you are penalizing the folks who played by the rules. Also, in the future you may get scenarios where folks will bid for players they can't afford to, just to jack up their bid prices.
P.S. - By the way it's a pretty interesting thread to follow and kudos to @SamP for making it happen.
It didn't matter as it was not the highest bid of that round.
And for the record, bidding just to jack up the price is also an auction strategy. High risk though, as we just saw!