Bidrape is the term used to describe what happens when a bunch of people are bidding on an item on ebay and you then come right at the last few seconds without placing a previous bid and then bidding more than everyone and winning the item.
dude 1: Hey dude did you end up winning that boat on ebay?
dude 2: Yeah dude! it was total bid rape!
dude 1: love your work hahaha