Quote:
Originally Posted by travrosty
its a psychological balm only, this sniping, there is no sniping, you put in the most you are willing to pay, he puts in the most he is willing to pay
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I think this where your assumption is incorrect. Under your assumption, you would only see one bid on an item from each user id. Look at bid histories of some of the items that you've bid on. It's not uncommon to see the same user id place several bids on the same item. If he put in the most he was willing to pay, he wouldn't have to bid again. He is chipping (trying to find the lowest bid that will put them in the lead) or he is undisciplined and thinks maybe if I just go $X more, I'll win (and repeats this several times). In the end, it's my belief that I win more items (and pay less for them) by sniping.