why did I lose?

I thnk because the .02 over the proxy bid of 65.00, which won was not enough to bid over this person.

rsmiller40

Winning bid $65. To reach ebay's bid increment, you needed $66 just to get on the boards.

Remember also that you don't know how high the winner's bid actually was. All that eBay shows you is the amount needed to win.

It might be another reason for longer lead times so as to "block" other snipers by using the "Power of the Bid Increment".

"1 lead" - I assume that means lead time?

I think the "1" refers to "quantity," just above it. The lead was 5, I think.

Well, bottom line is, you got to bid enough to outbid to win!

rsmiller40

Hello -- !!

I have had several wins in the past that have sucked every last cent out of my maximum bid because it was below the next increment, but I won anyway so I'm not complaining. (I won one 100 dollar item by something like 37 cents) Maybe it did not work in this case because it was dutch??

Thank you and best wishes,
BDS

Big Steve, yes, it is possible to win 1.00 items by .37 because we are talking about much smaller bid increments.

rsmiller40

Hello RSM -- !!

I'm saying that I won a -*$100.00*- item by $0.37 irrespective of the bid increments.

I've had several of this type of win where my winning bid was below the increment.

Thank you and best wishes,
BDS

big Steve,

This gets a little complicated. If you can provide the auction # it would help in explaining. Or, if you post the bid history (last 4 bids will do), with fake user id's, bid amounts and bid times, that would also work.

P.S. Probably best not to get into big Steve's initials.

Rick, if big Steve's bid was placed prior to the one that drove him to his max minus 37 cents, that would explain things. The increment below $100.00 is one dollar, and he didn't say his bid was a snipe, either.

quote:

---

Originally posted by Steve:
Rick, if big Steve's bid was placed prior to the one that drove him to his max minus 37 cents, that would explain things.

---

That's what it's been in the past. It seems that without the bid history it's hard to explain it (even with bid history it's hard to explain - maybe HAVING the bid history makes it hard to explain). If big Steve gets it, no need to get bid history.

Well, guys, I'm at a total loss as to whether big Steve won the auction or lost it. <--clueless

rsmiller40

He says he won it, but only by 37 cents.

Did you check the auction, Steve? It appeared not to me.

rsmiller40

quote:

---

Originally posted by rsmiller40:
Did you check the auction, Steve? It appeared not to me.

---

Mrs. M,

If you don't mind, I could use your help. I see no mention of the auction #. Are you clairvoyant, or do I need to report this to my doctor?

Uhhh, Rick...read first post and itemand then go to it.

rsmiller40

Sorry, item number

rsmiller40

BTW, Rick, my daughter is a doctor. Should I ask for a referal? LOL!

rsmiller40

I was thinking of another auction he mentioned: "(I won one 100 dollar item by something like 37 cents) Maybe it did not work in this case because it was dutch??"

Dutch auctions are problematic for snipers. We've had someone spell out his strategy for them fairly recently, as a matter of fact, and it didn't include any snipes. Yes, here 'tis; this was posted by RhinoBoy on June 12, 2003:

"I don't usually snipe dutch auctions because the timing of the bid is so important. Dutch auctions are more like those who get in line first win. The people who bid early get to place lower bids because of the bid increment requirements.

"Here is what I mean:
* There are 10 items for sale.
* Current bid is 1.00
* I figure the value of the product to me is 10.00
* I want 6
* There currently are 8 bids for 1.00 each.
* I bid 10.01 for 6

"Now why would I do that? Everyone keeps bidding at the lower level with the bid increment increasing at minimum increment. Now two things can happen:

* Bidding stops way lower than my 10.01. This is great for me because I get all 6 for the winning lowest bid. If the lowest bid is $2.00, I get 6 for 2.00 each. I have the highest bid so I get my 6 even if the 2.00 bidder wanted all 10.

* Bidding gets to the 10.00 range. I have an advantage because my bid was at that range 1st. If someone else bids 10.01 and wants all 10, I still get my 6 because I bid first. The other advantage is the bid increment thing. One time I didn’t bid early and the bid increment stopped me from bidding. Say in this case, the next available bid would be 11.00 and it wasn’t worth it to me. Everyone got theirs for 10.00 and I would have been one of them if I had bid earlier.


Rick, do you have a take on this? Could the fact that big Steve is talking about a dutch auction have made a difference?

If you go to big Steve's auction, it is not a dutch auction.

rsmiller40

quote:

---

Originally posted by rsmiller40:
Uhhh, Rick...read first post and itemand then go to it.

---

But that's not big Steve's auction?

quote:

---

Originally posted by rsmiller40:
my daughter is a doctor. Should I ask for a referal?

---

Does she have a LOT of openings in her appointment schedule?

No, she booked me in solid ..sooo quit trying to confuse me by talking about another auction on the same page. I confuse very easily at my age.

rsmiller40

quote:

---

Originally posted by Steve:
Rick, do you have a take on this?

---

I'm not sure any more. I'm not even sure which member we're discussing.

I THINK you have it Steve, but at this point you better hope I'm not your best collaborator.

Maybe amh will see this.

I'd really like to see the actual bid history. Something about a picture versus 1,000 words.

"I confuse very easily at my age." - You seem pretty bright to me.

LOL, sorry to have confused you guys...retreating to my corner.

rsmiller40

quote:

---

Originally posted by rsmiller40:
you guys

---

I'm OK with "you boys".

Uhhh does guys infer something? <---very out of it!

rsmiller40

So far as I know, only masculinity, and sometimes not even that...when a waitress takes my order, and my lady friend's order, she often calls both of us "you guys." This appears to be pandemic among young waitresses especially, and to be honest it's irksome to me.

You being a great granny, I thought you'd be use to "you boys".

Well, then it will be you gentlemen... two men, boys..hmm not sure about that.

rsmiller40

What's wrong with just "you," or "you both?"

LOl, Steve, the next time I will address you two as "you both" and see how many answers I get. Well, "boys" is not for me. It sounds like I am calling in the "cow hands", so , since I know you are older, but only suspect Rick is much younger than either of us,I will stick with your individual names or "gentelmen".

rsmiller40

<--- gulping down another cup of coffee...I really won't call you gentelmen, gentlemen!

rsmiller40

G'morning, Mrs. M. It's all pretty much the same to me, so long as you don't forget to call me for dinner.

Good morning Mrs. M and Mr. Steve. I hope someone with the ID of "baiter" doesn't decide to join our morning socials

Good morning gentelemen. I did say this on another post, but you are moving so fast this AM!

rsmiller40

Good grief!!!! I cannot spell gentlemen this AM!!!!!!

rsmiller40

Your tongue trips over your eyeteeth so you can't see what you're saying.

LOL, or something like that!

rsmiller40