Next time this happens to you, immediately put in the correct maximum bid. That should overwrite the previous one. According to eBay, you can't retract or cancel your bid as a general rule. Unless there's a significant change in the item description, or you've made an honest mistake in typing in the max bid.
Two avenues open to you:
- fill up a Bid Retraction form
- if you're lazy, contact the seller and get him to cancel the bid
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