diff --git a/lbrynet/lbrynet_daemon/Daemon.py b/lbrynet/lbrynet_daemon/Daemon.py
index 58188b70d..36398f227 100644
--- a/lbrynet/lbrynet_daemon/Daemon.py
+++ b/lbrynet/lbrynet_daemon/Daemon.py
@@ -1842,7 +1842,7 @@ 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 {}