I do think the implementation of extended bidding at emovieposter.com is too broad. I think in that case that if a bid comes in during the last 5 minutes the end time is extended by 5 minutes

correction. the max time it extends is actually 00:04:59

if you bid with 1 second left (I did last week) it goes to 5 minutes
if you bid with 00:04:25 left, it goes to 5 minutes

the maximum time left after your bid will be 5 minutes, not whatever time was left + 5 minutes

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