I've been trying to understand how the whole thing works for the last two days. Very little I've improved, so bare with me.
There are 5 auctions I'm really interested in and I NEED to win them.
They're all items from the same seller and all of them, except one, have already 1 bid by the same guy. The auctions end tomorrow midday and in seven days there's still only one bid for 4 of 5 of these items, so that means there's only two of us interested in them -this guy who's already placed his bid and me, who hasn't.
Based on this, is it a good idea to set 5 snipes for every item with a very high max bid (around $35 or more), when the initial and current price is $9.99, to ensure that I'll outbid this guy and any other bidder who might place a bid on the last minutes of the auctions
?
I guess what I'm trying to do is to let the bidding war be between this guy and whoever may show up and bid in the last minutes, outbiding each other with possibly small bid increases (Bidder A bid 9.99, Bidder B outbids with 10.50, Bidder A outbids with 11.25 and so on) to just outbid them all at the last moment, via AS, with a much higher bid.
Or if at the end of the auctions no one else has bid, I could outbid the first guy in all 5 auctions and win them all.
It's been driving me bunkers not to be sure if it works this way!
So am I right? Is that how most people use AS? Will my whole 'plan' work? Is there anything I need to know?
Also, they're 5 auctions ending this Saturday at around 2pm Pacific time. Do I need to set more than 5 seconds as the lead time for every item due to internet traffic?
I WANT these items!!!
Any help will be very appreciated.