Reply to "Being beaten using 7 seconds"

quote:

I am probably making this over complicated

I don't think so. I think you’re right on. I don't see how knowing the bid increment helps. There can be other snipers jumping up the price to a different increment. The only sound advice is to decide what's the absolute most you are willing to pay for something, then use that as your max bid. There's the popular opinion that bidding odd amounts is a good idea – maybe yes, maybe no. If more people bid odd amounts, an even amount could take the auction.

It’s all a crap shoot – no science. Snipe your max amount, and hope nobody beats you.