A bid on an online auction site, such as ebay, made by the person who's auctioning an item on an alternate auctioning account. This is used as opposed to a reserve limit, and/or when the owner of the item doesn't feel that the highest bid on their item is enough. That way, it either gets an even higher bid or it isn't sold then.
The man put his car up for auction on ebay with a starting price of $1 because he thought it might have a bid war. He was sadly mistaken, and with only a few hours left, the highest bid was only $1000. But luckily he had another ebay account and made a phantom bid for $5000 so that he would either get what he wanted or not lose his car.
by -Cataclysm- of Newgrounds.com April 7, 2006
Get the phantom bidmug. by anonymous1866 June 28, 2007
Get the bid niggermug. A girl's lacrosse stick. Bid refers to a woman (biddy) and the stick refers to the lacrosse stick she uses that is noticeably different from men's lacrosse sticks.
Guy 1: Yo you see that hot girl over there?
Guy 2: You mean the one carrying the bid stick?
Guy 1: Yeah man. The pocket on that lacrosse stick is so small, how the hell do they cradle those things?
Guy 2: You mean the one carrying the bid stick?
Guy 1: Yeah man. The pocket on that lacrosse stick is so small, how the hell do they cradle those things?
by laxflowprestondawg June 13, 2011
Get the Bid Stickmug. by anthonyrumbaua December 28, 2022
Get the food bidnessmug. Using eBay or any other similar website, is when i person puts a item up for auction and want to get the highest possible price so uses a friend to place bids and up the overall sale price.
Greg: Hey, will you bid padder my Sony bravia on eBay, i want at least $600 for it, but im im only at $275
Tony: Yes sure,
Tony: Yes sure,
by Ben & Jerrys May 9, 2009
Get the bid paddermug. 
It is the type of bidding, usually for a house, where the first impressions are very good but it's not what you actually want or need. You then knee jerk bid on it before thinking it through. Magpie bidders usually go away and withdraw their bid rapidly after thinking about it in more detail.
"It 'twinkles' I want it, let's bid now!"
Then sometime in the future:
"Don't like it"
"It 'twinkles' I want it, let's bid now!"
Then sometime in the future:
"Don't like it"
It's ok love, don't cry there will be other bidders. They were clearly just Magpie bidding, can't believe they would mess with people's lives like that.
by Hillario July 3, 2016
Get the magpie biddingmug.