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Outbidding - don't understand

Hi,
I've recently had two experiences using Auction Sniper where my bid (lower than final) has been displayed on ebay earlier than the final bid.
The latest is that my maximum bid was $356 and ebay showed it received at 15:45:59. The high bid of $361 (the exact overbid needed to win) is shown timed at 15:45:30 - nearly half a minute before mine. The bid below was from a different bidder at $320.
My question is a) why was my bid shown at all if a higher bid had been received 29 seconds earlier and b) is it really a coincidence that the higher bidder is the exact $5 needed to beat my bid? In other words is there a smarter system out there that is seeing my Auction Sniper bid before it is placed?
Regards
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