I recently backordered a domain name@ godaddy, but I wasn't they only one. Godaddy captured it and put up for private auction for me and the other backorderer to bid against each other. Do I bid and I win when the time period expires, which is in 5 days or do I win if I have the highest bid for a couple of days and he doesn't bid? Would love to hear from people who have exp with the Godaddy backorder private auction!