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Overbid (Verb)

To bid for more tricks than one can expect to win,.

Verbs of buying, selling, owning.

She overbid and ended up going down two tricks in the bridge tournament.
His opponents started to distrust him due to his tendency to overbid whenever he held a strong hand.
Inexperienced players often overbid and may pay the price in the long run.
It was clear she had overbid as soon as she started to take tricks that didn't belong to her.
His aggressive style eventually backfired when he overbid and lost the entire game.

Bid more than the object is worth.

Verbs of buying, selling, owning.

He overbid on the vase, which ended up being a costly error in judgment at the auction.
In his excitement, she overbid on the house and now they struggle to make the mortgage payments.
After overbidding on the art piece, they discovered it was a fake and lost a significant amount of money.
The amateur bidder overbid on the rare collectible thinking it was more valuable than it actually was.
His emotional attachment to the property led him to overbid, which now strains his finances.