A domain name backorder is a uniform process across all registrars online. Minor steps may vary slightly amongst different registrars.
At the time of a domain backorder, your payment is applied towards the domain name registration once the domain expires. If your order is the only backorder for that domain, you don’t need to incur any additional cost. In case of a domain auction, the backorder payment you made is used to place a bid. The bidding continues till the domain name is yours, or you can move your backorder credit to another name.
The payment amount for the domain name backorder includes the domain name registration cost. In case you don’t get the particular domain name, you can reassign it to another domain you want. In this way, the payment you make does not go waste.
(The domain extensions included are .co, .com, .info, .org, .net.me. us or .biz)
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