diff --git a/lbrynet/lbrynet_daemon/Daemon.py b/lbrynet/lbrynet_daemon/Daemon.py
index d579f62c3..cefe25aa3 100644
--- a/lbrynet/lbrynet_daemon/Daemon.py
+++ b/lbrynet/lbrynet_daemon/Daemon.py
@@ -1804,7 +1804,7 @@ class Daemon(AuthJSONRPCServer):
         if bid <= 0.0:
             raise Exception("Invalid bid")
 
-        if bid > self.session.wallet.get_balance():
+        if bid >= self.session.wallet.get_balance():
             raise InsufficientFundsError()
 
         metadata = metadata or {}