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Does Heavy Bidding Traffic Affect my Snipe Time?

I have used your service for the first time a couple of days ago and was successful on both auctions (Thank You!)!

If I am planning a bid on an item that I suspect will get a lot of last minute bidding, is it advisable to increase my snipe time from the standard 5 seconds - even though this auction is closing midafternoon midweek?

In other words, does the amount of bidding traffic for any one item affect my chances of winning the item, even if I am the high bidder?
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