A maximum bid is a way of protecting yourself against another bid without being present.
All bids must be at least 10% increments.
There are no tie bids.
These are examples of proper maximum bids:
Initial Bid $100
Maximum Bid $178 (protects against $110, $134 and $163 bids from others)
For example, if you bid $1,000 with a maximum of $1,100, it is pointless as the next bid above $1,000 is $1,100, which would be the bid of the person bidding against you. One would then need to bid at least $1,210 to be the high bidder.