A Simulcast Auction is a type of online auction where items are sold simultaneously by two or more auctioneers. In contrast, a live auction allows only one bidder at a time. The advantage of simulcast auctions is that they allow buyers to place bids on multiple items, in the knowledge that their bid will be executed even if their own item is not the winning bid. This helps to reduce the chance of bidding against yourself and increases the chances of securing a bargain. This allows buyers from all over the world to participate in the auction and also helps sellers reach a wider audience.

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