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I have just lost a bid, my first snipe ever. My maximum was 300 and the winner got it for 295.23. The sniper status is now INCREMENT

I got a link to ebay regarding increments.


which says:
Can I be outbid by less than a full increment?

You can be outbid by less than a full increment. A winning bidder's maximum bid needs only to exceed the next highest maximum bid by one cent.

So if i had used ebays own automatic bidder, i would win this auction.
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You would have had to bid at least $300.23 just to have your bid “recorded” by ebay. No way to determine how much would have been required to “win” the auction unless the winning bidder won by less than an increment. Only difference between ebay and AS is that ebay probably would have done a better job telling you that you needed to bid more.
But, you’re assuming that the winning bid amount is the maximum amount the winning bidder bid. Had you placed a bid through ebay, the winning bidder’s maximum bid would need only to have been $300.23+ to outbid your $300 bid.

But, then if you had of placed your bid through ebay, that may have caused a bidding war, and who knows what top bidder #1 and #2 would have done, and we still don't know what the maximum bid was.
Seems you were outsniped - your 300 went in between the snipe by p***r and the end of the auction - a gap of about 7 seconds. Ebay correctly rejected it as not being at least one increment above the highest bid.

Now, if your snipe had arrived sooner AND p***r had only bid 300 then you would have won. If he'd bid 300.01 then you would have lost!

Next time bid higher and add a few pence/cents so that you might win in a draw...

R2
quote:
Originally posted by debo:
I have a question about increments. If a current bid is $50.00 will AS bid just enought to win or does my max bid get put in?

If AS were to bid only the next increment, the odds are more likely that you would lose, for the simple fact that you do not know what the high bidder's max is, and the odds are that the high bidder has bid more, possibly much more, than what you see listed.

There is a tendency, particularly among newbies, to look at the current high bid as the high bidder's max. No, no, no--one has no way of knowing the high bidder's max until that person is outbid. That is why it is important to always bid your max when sniping--you will only get one shot, so make it count. Hopefully, you will get the item for far less than your max, but since you don't know what the other bidder's max is, go for yours in full.

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