What is the Min Bid and Max Bid?
This is the set bid range for your campaign or your PGN rules.
Bid are calculated by your average CPC divided by 10 for your minimum bids. As for your Maximum Bid, it is calculated using your CPC and Default Bid, multiply each by 2 and get the average that would be your Max Bid.
We use your min bid and max bid to adjust your bids up and down by Automate 3.0. Our system does not bid anything higher your max bid and not anything lower than your min bid set.