Reserve price not met.

Hi Donnieitaly,

If your snipe is enough to meet the reserve, and there are no other bidders, then you will win.

If your snipe is not enough to meet the reserve, then you will not win.

Good luck, and let us know how things turn out!

Thanks for the good news.

In the words of the poet "I'll be back" to tell you how it went :-)

How would the computer know how much to bid? The reserve price is not normally shown.

I am not a doctor, nor do I play one on TV, but...

It works just like any manual bid on eBay. (Remember, a snipe is just a proxy bid placed at the last minute.)

If the maximum bid you place is equal to or greater than the reserve price, your bid will automatically be raised to meet the reserve price. This enables you to win. If your bid doesn't meet or exceed the reserve price, you don't win the auction.

I'm not sure why sellers use reserve prices anyway, as opposed to just starting their auctions at the minimum they're willing to sell the item for... but I'm told that it encourages some people to bid early, hoping they'll be able to guess the reserve price.

I hope I answered that right... I'm still just a Junior Sniper...

Gordo, you did fine! And, I have stated the same thing about reserve price. To me it is like saying I'll take this reserve price, but if you want to pay me more that's ok too. As a seller, I do not use reserve..as a buyer, I seldom bid on a reserve auction.