overbid
🇺🇸
/ˌoʊvə'bɪd/
🇬🇧
/ˌəʊvə'bɪd/
To bid more than what is needed or expected, especially in an auction.
He overbid on the painting, thinking it was a masterpiece.
그는 그림이 걸작이라고 생각해서 과다 입찰을 했다.
In card games, to bid higher than what is needed to win, which can cause you to lose points.
The players overbid their hand and ended up with a penalty.
선수들이 손을 과다 입찰해서 페널티를 받았다.