Originally Posted by
carlosdca
IME, they don't lower the bar.
Also, one thing you don't know is how many people have already bid for the upgrade (at the minimum of $500 or more).
$500 is peanuts for business in such a long flight, so I would guess there are lots of bidders already?
I have no idea on how the "bidding culture" is on LATAM, but it's correct that you don't know have many who already bid.