Lost Pulsey by 1
This does not mean you were outbid by only 1. If I were to bid 10000 and you were to bid 10, I would win with a price of 11 since you max out at 10 and I would keep going in the auction. Think of it like an auctioneer, you put your paddle down at 10 but I kept mine up. I would be willing to go higher but I am the only one left and I am not going to bid against myself.