Actually, Jo, it's not the timing of the bid so much as the amount. I counsel all snipers to put their max bid into their snipes. If it isn't enough you have the grim satisfaction of seeing someone buy that plate or whatever for more than you were willing to pay for it. The idea behind the last-second bid is to prevent other bids from being entered once your bid is in. Those $100-in-the-last-two-minutes jumps might still happen, but it won't be your bid that triggers them.