Bidding question

Your win (if you win) will never be above the max amount you enter and could be significantly less.

>Click Here< to learn about 'proxy' bidding at eBay. AS sends your max to eBay, and it's eBay that does the proxy thing.

I your AS limit is topped during the auction AS will email you that you've been outbid, thus giving you the opportunity to increase your snipe, but it certainly won't increase it, with or without your consent. You have to do that yourself.

If it's another sniper I doubt you'll know till it's all over.

GG

Thank you
Then I guess the thing I have to do is to keep a close watch and increase my bid in AS.

Alhough I can't see how an item can be won with only seconds left.

Is this correct or am I missing something?

quote:

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Originally posted by jojo1940:
Thank you
Then I guess the thing I have to do is to keep a close watch and increase my bid in AS.

Alhough I can't see how an item can be won with only seconds left.

Is this correct or am I missing something?

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The whole point to sniping is to make one bid during the closing seconds of an auction. You will only get one shot, so be sure to bid the absolute max you are willing to pay.

Notice that I said what you are WILLING to pay, not what you HOPE to pay. Rather than readjusting your snipe amount as an auction increases, just decide on what your absolute max is, set it and walk away. (Otherwise, you may get caught up in the heat of bidding and end up spending more than you had planned--something that AS is supposed to prevent.) AS will take care of the rest. If your bid is high enough, you will win--hopefully for less than your max, depending on what others bid. But you certainly won't pay more than your max. If you lose, it will be because you were not willing to pay as much as the other guy.

Good luck and welcome.

You're missing something.

The idea is to enter the max (the real true absolute max, not your starting max or your medium max) you are willing to pay and only bid in the last seconds. The amount you win for may be less. The winning price is NOT the top persons max, it is one bid increment above the next to highest bidder. Also note that the price shown on eBay is NOT that persons max, it's only what it takes to stay in the lead.

Example, auction opening price is $1

• Bidder A enters a max of $10. eBay shows Bidder A in the lead, price $1 (opening price)
• Bidder B enters a max of $5. eBay now shows Bidder A still in the lead, price $5.50 (one increment above B's max)
• Bidder C enters a max of $12. eBay now shows Bidder C in the lead, price $10.50 (one increment above A's max)
• Bidder A really wants it, so comes back and raises his max to $15. eBay shows Bidder A retakes the lead, price $12.50. (one increment above C's max)

If Bidder C had placed a bid in the last seconds, Bidder A would not have had time to respond by bidding a second time, and C would have won for $10.50, even though his bid was $12 and A was willing to pay even more.

Note that you can not modify or cancel a snipe at AS in the last 2-3 minutes of an auction.