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39 replies

Am I bidding against myself?

W wolfpvMember
Hi, another new user here. I already had a bid going, and my bid was $100, but currently only bid up to $51.

Now I've put it on AuctionSniper, with a maximum bid of $400. If, for example, the next highest bidder bids $75, will I end up getting the item for $76, or will the sniper bid me against myself, resulting in a purchase at $101? (the ebay ID is the same on sniper and ebay).

In a more general sense, is there any benefit to placing a bid on ebay and through the sniper (the ebay bid for safety sake, in case the sniper fails) and what is the result of me "bidding against myself" in this manner?

Thanks for the help. This is going to be very interesting; I'm really looking forward to seeing how the sniper functions!

Regards,

Steve (ID Wolfpv)
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mrsmmrsmMember
No, only if it is needed to go the the next increment.
quote:
posted January 24, 2004 03:26 PM by rick
--------------------------------------------------------------------------------
This is from AS' faqs:
65. What happens if I am already the high bidder, and I snipe against myself?

This is one of the most common questions that we receive. Here is the answer straight from eBay:

"In most cases you, as a bidder, cannot bid against yourself. However, there are a few exceptions where this can occur, and I have listed these incidents for you below.

Let's say you are tied with another bidder and you hold the official high bid because you placed that bid amount first. If you place another bid, you will lost your favored "early bird" status. As a result of putting in another bid (causing you to become a later bidder), the system will increase your bid to one bid increment more than the previous bid just so that you can keep the position of high bidder.

Another instance where it would appear that you are bidding against yourself would be if your current high bid is between bid increments. If you were to place another bid, your bid will increase to the next round bid increment.

The high bid will always try to be a full bid increment over the next highest bid. If you are currently less than one bid increment over the next highest bid, then raising your maximum bid will increase the current high bid to a full bid increment above the next highest bid.

Also, in a reserve auction, if you are the current high bidder and the reserve still has not been met, your bid may be raised if you place another bid that meets the reserve amount. On reserve auctions, if your maximum proxy bid meets or exceeds the reserve amount set by the seller, the system will place a bid so that the reserve is met. This allows for an auction to be ended successfully."


puppyraiserpuppyraiserMember
AS will place the $400 snipe, but would not raise the price against your $100 bid. The only time the price would go up against your own bid, is to fill a bid increment against another bidder.

Example: If another bidder bids 99.50. You would still be the winner at $100. If you then bid $400 the price would go up to $100.50 (one full increment above the $99.50.

Another example: Another bidder bids $75. You would be winning for $76. Your $400 bid is entered by AS, and you would win the auction for $76.

Last edited {1}
W wolfpvMember
I did mention one thing in the original question which the FAQ didn't cover;

Is there some advantage in placing a proxy bid on e-bay as well as a snipe, just in case the snipe fails? If, for example, I leave my $100 bid on ebay and my $400 snipe, and somebody bids $150, and the snipe fails, I'm out of luck. If I placed a $200 bid on ebay, I'd be covered.

I suppose that somewhat defeats the purpose of a snipe, now that I think about it (as it would promote bidding wars). Makes me think that the approach would be to place an ebay bid for the "This would be a fabulous deal" price, and a snipe for the "I'm willing to pay" price.

Any comments?

-Steve
bartelbybartelbyMember
quote:
I suppose that somewhat defeats the purpose of a snipe, now that I think about it (as it would promote bidding wars). Makes me think that the approach would be to place an ebay bid for the "This would be a fabulous deal" price, and a snipe for the "I'm willing to pay" price


You will get mixed views here, but MOST will say decide what you are willing to pay and put that in your snipe and walk away. Just remember you only have one shoot - so make sure its the price you are happy to pay. No More No Less!! Smile

Lexie
S shirleyMember
quote:
Originally posted by Rick:
quote:
Originally posted by Shirley:
...and you can come out of the corner now!

Curious.
1. Who is the "you"?
2. "Can" meaning permission?
3. "Come" meaning what?
4. "Out" meaning "in"?
5. "Corner" meaning what?
6. "Now" meaning when?
Inquiry mind want to know.


Oh, please, Rick, get OVER it already!

For those "inquiring minds" who have nothing better to do than pick apart my posts word by word, please read back to the second post left by the OP. He said "I'll go stand in a corner now. Regards, Steve". Yes, that's a quote. I took out some of the spacing -- wanna make something of that?

My post was a joke, simply meant to make our new user feel a little more like one of the crowd. I know YOU don't appreciate my sense of humor, but others around here do. Lay off already. I'm tired of tip-toeing around you.

Steve, please ignore this silliness. Welcome to AS Forums.

rickrickMember
quote:
Originally posted by Shirley:
You didn't "ask". You dissected. If you would like to discuss this further, take it into a private topic. Otherwise, stop wasting my time and everyone else's with these petty attacks.

Fine. I'll take it to privates. I'm as tired you your petty attacks as you are of mine.
W wolfpvMember
Rick and Shirley,

Re: Your recent spat.

OK you can stop squabbling. Only married people would argue over such trivial things.

Yes, I've come out of the corner now, since I won my first auction using Auction Sniper. This is a dangerous tool, waaay too much fun.

Thanks to both of you, (and the others) for your responses

-Steve

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