I almost always snipe on things I really want to add to the collection. For me I find that it prevents me from making emotional decisions at the last minute and overspending. I just enter the highest amount I am willing to pay and that is that.
Also, I have been in a few auctions where it was pretty clear there was some shills going down.
That said, I have lost a few bids with sniper, and then again, but I have gotten a few steals too.
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