What are tied bid options and how do I set these up?

What are tied bid options and how do I set these up?

What is the issue you're facing?

I need to setup tied bid options. What are these?

Solution

This option is used to create different outcomes for the rank if two or more participants submit the same bid. There are 3 options to choose from. They are: 

Equal worst position
The participants will be placed into the equal worst position on submission of the same bid. For example, if the two leading participants both submit the same bid, they will each be given a position of 2, so they will both know that they need to improve.

Equal best position
The participants will be placed into the equal best position on submission of the same bid. For example, if the two leading participants both submit the same bid, they will each be given a position of 1. This is technically correct although it might not encourage further bidding.

Separated by timestamp
The participants will be given different ranks on submission of the same bid based on the time their bid was received by the Market Dojo server. For example if Participant A submits a leading bid at 10:40 am and Participant B submits the same leading bid at 10:41 am then Participant A will be given the rank of 1 and Participant B the rank of 2.

How to set these options
At the verry bottom of the Settings page you will see a drop down where you can select the appropriate option for your event.