Been high bidder, others silent...

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Does this mean that they give up or are they going to snipe it?

Crystal ball is out of order.

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Should I set up a larger snipe to guarantee my winning?

The larger the better, but there are no guarantees. Someone else’s bid could be even larger. Pick a bid amount that’s right before it becomes painful.

My bid right now is $31. My eBay max is set to $40. Should I wait or should I set up a snipe?

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Should I wait

Wait for what?

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Originally posted by Rick:
Wait for what?

To see if they bid.

And if they do, then what? Will you bid more? If so, then why not bid that amount now? Your higher bid can either be through ebay or AS. If you wait, and if “they” snipe, you might not have time to increase your bid on ebay, and AS requires 5 minutes before the end of the auction. AND, if you do have AS snipe for you, and you end up winning the auction on your ebay manual bid, AS will still charge you.

SO, what are you going to do?

Just set a snipe for your max plus a few cents/pence and then let it all happen!

R2

If MY max is bigger than what THEIR snipe is, it doesn't matter. If my eBay max is the highest I'm willing/able to go, then is there really a need to try and snipe it?

And if I sniped when I am the high bidder, it would just reset my max to that.. So... I see no point in trying to snipe when you are/have been the high bidder.

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If my eBay max is the highest I'm willing/able to go, then is there really a need to try and snipe it?

No.

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Originally posted by Merx Back 91:
If MY max is bigger than what THEIR snipe is, it doesn't matter. If my eBay max is the highest I'm willing/able to go, then is there really a need to try and snipe it?

And if I sniped when I am the high bidder, it would just reset my max to that.. So... I see no point in trying to snipe when you are/have been the high bidder.

Why snipe? Because many people do not bid their max. Trying to get a good price, they tend to bid just enough to become or stay the high bidder. They do not bid what they are REALLY willing to pay until someone else comes along and outbids them; only then will they bid higher. Sometimes this cycle goes back and forth, with two or more bidders (called "nibblers") continually outbidding each other, in an expensive game of one up-manship. But these same nibblers tend to leave their bids alone if no one else outbids them.

That is where snipers come in. Bidder X may have bid $25 on an item, but will go higher if someone outbids him. He may go up to $100 if he feels he has to, in order to win, but leaves his bid at $25, thinking he is somehow getting a better deal. He overlooks the fact that if he bids the $100, he will not pay that amount, unless other bidders push the auction price up that high. So along comes bidder Y, a sniper, who bids $50 in the last seconds and wins for $26! There is no time for bidder X to come back and raise his bid. He is upset, because he knows that he would have been willing to go higher. Additionally, he does not know that bidder Y's max was $50--all he sees is that he lost the auction for one dollar. You see, there is a strong emotional component to bidding, and we snipers try to avoid that as much as possible, because it is not a positive aspect of the bidding process. It is the emotional component that causes people to bid much higher than they had planned.

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Originally posted by Chatter:
Why snipe?

It’s not a “Why snipe?” issue. It’s a “Why snipe if my eBay max is the highest I'm willing/able to go?” issue, although Merx’s original question was “Should I set up a larger snipe to guarantee my winning?”, which contradicts the “highest I’m willing/able to go” statement.