Hi Jabbergah
Just read your post again and noticed something odd :
"30 minutes before the auction end, Andy Sniper checks the auction. He notes the winning bid is now up to $56 with Paul still the winning bidder. He decides his $75 is the MAX he is willing to pay and does not modify his bid.
11 secs before auction end, AS places Andy's snipe for $75. If you view the auction screen after Andy's sniped bid, it will show there were 5 bids and PAUL as STILL winning the auction with a $76 bid."
AS should snipe for $57 right ? as it would be the minimum needed bid for Andy to win over Paul´s $56 bid
If it wasn´t like that AS would allways go for your biding limit (baaaaaaaaad move )
Sorry for so many questions but I´m trying to get the grips of all this