Max Bid Willing Submitting as Next Incremental . . . How's That?

I know the winner by chance and I can tell you she sniped her bid. Her snipe was higher than your's so it took your snipe to the max, actually increment by increment, but in a megasecond!

to our forum, BTW!

Bid your max you are willing to pay in your snipe, but keep in mind, you very well might pay it!

AS does not bid in increments. You told them the maximum you were willing to pay, so that's what they bid.

quote:

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luckily I still lost

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I'm confused. Never enter a maximum bid higher than what you want your maximum bid to be.

Thanks for the reply/note.

So what you are saying is that (assuming $1.00 increments) AS did make an incremental bid on my behalf of $10.95 and that several bids were made between myself and "dagnabbit7" back and forth (dollar a pop) up to my limit of $23.32.

Why are all these bids not recorded? I'm just curious to understand how this process works and make sure I do it as shrewdly/prudently as possible.

Thanks.

--Rich Knowles.

Puppy, not actually, but what I was saying is there were a lot of increments "enclosed" in those last two snipes. Is that clearer?

No, that is not exactly right. Your highest bid was placed against her's. The increments was just so you could see that she forced you up and out of the game. The person that snipes or bids the highest wins.

Thanks for the "Welcome"

OK "puppy-raiser" is confusing me.

If the current bid is $9.95 AS better be able to bid in appropriate increments or a lot of money is wasted. Why bid $23.32 if item can be had at the next increment of $10.95?

--Rich Knowles.

If it COULD be had, they would only snipe at the end what was needed, but in this case your max was not even enough. Remember, they place your snipe once, at the end.

Proxy bids can be released during the auction as the increment is needed, but a snipe is placed at the end. Only the amount you need to win is used. It was just in this case she outsniped you!

Mrs. M

I think I get it. Thank-you.

BTW - "Luckily I lost" meant I thought AS worked incorrectly and did not want to over pay. All predicated on an incorrect understanding that you have helped clear up.

--Rich Knowles.

quote:

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Originally posted by rknowles22:
If the current bid is $9.95 AS better be able to bid in appropriate increments or a lot of money is wasted.

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AS only places one bid - that's the bid you give it. ebay decides the closing price between proxy bids and increments.

A highest bid at eBay is not necessarly the selling price of an item. The winning bidder could have had a max bid of $100.00 or more. There is no way to know.

The selling price for an item is one bid increment above the second highest bid, NOT the highest bid amount.

WOW!

3 responses in 2 minutes. HIGH 5!

P.S. Counting Shop, make that FOUR with plus 1 min.!

The AS computer puts in the one bid. Your max. Then the eBay computer just applies as much as needed to win. The only way it goes up to your max is if someone else bids almost as high or higher than yours.

"Shop" and My Snipes

Hi Rick, Mrs. M, Shop,

Aw forget it.... Hi All

Hi puppy!

Hi Puppy,

Is "Mr. M" some Fruedian thing?

Probably been talking to Bob again! LOL! Bet that ws interesting!

Could have been, but I fixed it!

Puppy,

Your secret is safe with us, isn't in Mr. M (oops) Mrs. M.

Puppy, you have nooo idea! LOL!

Just can't keep my fingers and head working together. I've had that alot lately.

OK, here’s the blow by blow recap!

The auction is a 7-dayer, first minimum bid is $9.95

About 1 day & 7 hours before the end of the auction, weiy submits first bid for $9.95. If you view the auction screen at this point, it shows: 1 bid, winning bid = $9.95, winning bidder = weiy.

At 9 seconds before the auction end, AS submits your bid for $23.32. If you would view the auction screen at this point, it shows: 2 bids, winning bid amount = $10.45, winning bidder = YOU!

Here it gets a little squirrelly! I’m not sure I fully understand what’s going on here! At 5 seconds before the auction end, dag places 2(?!) snipe bids at the very same time! We can’t know exactly what the bids were. They can be $24, $50, $100! All we know for sure is that they are AT LEAST $23.82. For the sake of this explanation, let’s say the bid submitted by dag=$25. If you view the auction screen at this point, it shows: 4 bids, winning bid amount = $23.82 (which is 1 bid increment above YOUR top bid), and the winning bidder = dag. And that’s how the auction ends.

You seem a little unclear how the ebay proxy works. What ever bid amount you enter into AuctionSniper is the amount AS submits to eBay. eBay sorts out all the bids so that whoever submits the highest bid is the one that wins! And the winning bid amount will be 1 bid increment above the SECOND highest bid (In this case, that was YOUR bid).

The bid increment from $5 to $25 is $0.50. For a list of bid increments

>>>> Click Here <<<<

Hope this helps.

Snipe on!

Jabbergah

By the time I get my novel typed in, everybody else has answered the question 3 times over!

Oh well, I DID get to try out entering my first link! It WORKS! Thanks for the lesson, Rick!

Jabbergah

Hi Jabber.

quote:

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I’m not sure I fully understand what’s going on here! At 5 seconds before the auction end, dag places 2(?!) snipe bids at the very same time!

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Not Sure, but here is my guess.

AS transmits bids from four locations. I suspect the bids came so close together, eBay didn't have time to process the first bid before the second arived... So they ended up recording both to sort out after auction end.



[This message was edited by puppy_raiser on December 05, 2003 at 05:40 AM.]

quote:

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Originally posted by puppy_raiser:
AS transmits bids from four locations. I suspect the bids came so close together, eBay didn't have time to process the first bid before the second arived... So they ended up recording both

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You're correct. We once had someone tell us about an auction where the bid history had 3 snipes from the same person. The multiple snipes will always have the same timestamp, and probably the same nanosecond. The snipes are so close together that ebay doesn't have enough time to stop the duplicates. But I'd rather have duplicate snipes then none, and it usually causes the competition to scratch their heads.

Puppy & Rick,

Thanks for the explanation (or at least the credible theory!). I'm always trying to keep in mind that AS is really doing something that CAN conceivably be reproduced manually, and eBay will always behave as it would for manually placed bids.

I was aware of the multiple snipes placed by AS, but I THOUGHT eBay would eliminate the dups. The situation that 2 simultaneous arriving bids may circumvent that process is curious, though believable.

What I thought may possibly be the explanation was 2 completely separate snipes for different max bids. (We KNOW 2 different max bids by the same bidder WILL be recorded by eBay as 2 separate bids.). But since AS will not allow more than 1 snipe for the same item, that would mean the bidder would be using 2 separate sniping services (or manually sniping AND AS sniping) to present 2 separate snipes on the same item with different max bids with the same lead time! How anal is THAT?!! (Sounds like something >I< might do!!) In that case, the fact that the bids came in at the exact same lead time would be purely coincidental. That explanation may just be too complicated and "conspiracy theory"! However, if that bidder read the forum lately, and noticed some of the "problems" attributed to the AS service by some irate bidders, they may be inclined to place a manual snipe (with different max. bid) with the AS snipe as backup (or vice versa).

....or am I thinking too much?!

Jabbergah

Jabber,my doctor once told me,"You want an answer for everything and sometimes there are none." and I replied, "I paid for an answer and I want what I paid for!" I think that is kind of you!

Mrs.M!

I think you're RIGHT!

Jabbergah

Ok, let me try to get this straight...

If my snipe is below someone elses eBay bid then there's no way I can win since the eBay computer will always know that the other person has a higher bid already in there?

So really if I want to be sure of winning the auction then I should already have the highest eBay bid before the end of the auction, then have the snipe in there just to be sure that I win, in case someone bids higher than my eBay bid?

Am I correct?

Not quite. What most of us do.. I just put the very manimum you are willing to pay. As you max on AS only. If you keep nibbling on eBay, all that happens is you run the price up. Just decide on your max and use AS to try to get it for you at that price or less.

"Shop" and My Snipes

So if your snipe is lower than someone elses eBay proxy bid then the snipe will still lose correct?

Thanks.

Also, will Auction Sniper incrementally bid up to your max, or does it only bid once?

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Originally posted by T-Will:
So if your snipe is lower than someone elses eBay proxy bid then the snipe will still lose correct?

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Yes and No.

You won't "win" the auction. But you didn't "lose" too much money.

quote:

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Originally posted by T-Will:
Also, will Auction Sniper incrementally bid up to your max, or does it only bid once?

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One bid, and only one, and that's the amount you give it. AS doesn't do anything different then if you were to place a proxy bid or manual snipe in the last few seconds.

T-Will,

I think you're like me -- we THINK too much!

This online auction stuff REALLY is pretty SIMPLE! Whoever BIDS THE MOST WINS THE WIDGET. It doesn't matter whether that hi bid comes in at the beginning of the auction or in the final few seconds.

When you think about it, online auctions are very similar to sealed bid auctions -- the winning (i.e. highest) bid can be in the first envelope that is opened or the last one.

Sniping is a bidding strategy to 1) Hid your interest in an item, 2) Shield from competing bidders what your max bid is, and in the case of the AS service 3) Be able to place a snipe without having to BE at the computer at the time the auction ends to enter the bid manually.

A snipe bidder often doesn't need to bid on any auction except within the last minute. The only exception may be to bid the FIRST bid to eliminate the BIN (Buy It Now) option.

Hope this helps!

Jabbergah

T-Will, now that we have you on the right track, let me you to the forum!

Ahhh, I get it...thanks!

Hello,

I've been lurking here this afternoon, and I'll admit that I was a bit worried when a number of folks posted that their wins always seemed to come to their maximum snipe amount.

The comments of the veterans here reassured me enough to stick with it, and I won my item at substantially less than my maximum snipe.

In short, it works ! Thanks for the wisdom. This is definitely the way to go on Ebay.