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Exactly, I NEVER bid on ANY auction until the final 10 seconds......that's my rule. If my highest and best snipe doesn't take it down, oh well, I tried. It actually really annoys the living f*ck out of me when I see two jack asses bidding back and forth litterally for days.......silliness.
Last edited by Shoele$$; 03-27-2013 at 07:32 PM. |
#2
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#3
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What is a snipe?
__________________
Tackling the Monster T206 = 213/524 HOFs = 13/76 SLers = 33/48 Horizontals = 6/6 ALWAYS looking for T206 with back damage. |
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A snipe is when you wait until the last few seconds, then jump in with one large bid. That way no one else has a chance to answer with a higher bid of their own.
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When two snipes collide it usuall ends in disaster for one of the parties involved, lol. |
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So you have to sit there and do it? Can you set it up to snipe?
__________________
Tackling the Monster T206 = 213/524 HOFs = 13/76 SLers = 33/48 Horizontals = 6/6 ALWAYS looking for T206 with back damage. |
#7
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One reason for increasing your maximum bid is to simply add more bids to the tally. This could make people who stumble upon the auction react, "Geez, a lot of people are bidding on this one. Maybe I'll sit it out." In other words, it could be an attempt to scare potential bidders away, especially those who only see the number of bids and don't investigate further.
__________________
All the cool kids love my YouTube Channel:
Elm's Adventures in Cardboard Land https://www.youtube.com/@TheJollyElm Looking to trade? Here's my bucket: https://www.flickr.com/photos/152396...57685904801706 “I was such a dangerous hitter I even got intentional walks during batting practice.” Casey Stengel Spelling "Yastrzemski" correctly without needing to look it up since the 1980s. Overpaying yesterday is simply underpaying tomorrow. |
#8
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I have to sit at the computer and make a bid with about 8 seconds to go in the auction. There are people here who are much more experienced than me, so maybe they know of some way to set up a program to snipe. I can't help with that.
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#9
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Alex, There's several good 3rd party software that does this. - Paul
Last edited by Paul S; 03-27-2013 at 08:53 PM. |
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#11
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There really is no such thing as sniping, if you put in the highest bid you are willing to pay the first day, you either win it or you dont. it doesnt matter if you wait until the final few seconds. someone is either willing to pay more for it with their highest bid or not regardless of when you bid.
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#12
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example- 99 cent starting auction I see one bid in place at 99 cents (but the person's actual bid is $20) I decide it is worth $25 and bid that the first day of the auction. This gives the person 6 days to think about that bid of $20 and maybe up their bid. They don't know if your bid is $20.50 or $200 and they might not want to lose due to a few cents. If i decide to place my $25 bid with 5 seconds left it doesn't give the other person the time to second guess their bid. Using a snipe also gives you the option to back out of a purchase up until the last 5 seconds, in case you find something better or spend the money before it ends.
__________________
Br.ia.n Ho.rn.e |
#13
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From the 2 big sniping services I have used this is 100% incorrect. They don't let you change or add snipes with less than 5 minutes left.
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Leon Luckey |
#14
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Good to know, I must have read it wrong. I have never retracted using a snipe service, I normally just snipe manually.
__________________
Br.ia.n Ho.rn.e |
#15
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In those rare occasions where I bid before the final few seconds, I have many examples where a previous bidder has upped their bid, after I bid, to either beat me, or cost me money. Had I bid later, they would not have had time to do so. |
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When i see multiple bids, particularly from a bidder with low number of feedback or most bids with the seller, i always assume shill bidding.
I will still bid if i really want the card, but usually am not happy about it. I never play any of the other games myself.
__________________
Its so great to love all the New York teams in all sports, particularly the YANKEES. |
#17
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A Contrarian Approach
I have no problem with max bidding, whether an early max bid or or a single snipe bid, but............
athough I may an idea of my max bid in an auction, but that is also subject to change and frequently does. I approach an auction in terms of a "good buy", rather than simply how much I am willing to pay under any circumstances. Losing doesn't bother me as I try to avoid the "gottahaveit" approach to bidding. (Losing at the casino is a negative proposition whereas losing an auction is a neutral position.) Bidding patterns, with a limited number of bidders in the game, admittedly can be suggestive of shilling. They can also be quite transparent (ie the 50, 60, 70, 80, etc bidder). Or they can be entirely random and unpredictable. Knowing whether an item of interest is in fact a potential good buy cannot be determined until the waning moments of an auction. Looking at the bidding pattern I find useful. Obviously a high snipe is going to win every time, but the risk of two competing high snipes has already been mentioned. Absent the snipe bid(s) though, if I can predict what another active bidder's final bid will be, I feel that I have an edge. It becomes sort of a game. Beating a $70 snipe with a bid of $70.02 gives me visions of the other guy screaming at his laptop and a . Consistent with this "gaming" approach to auction bidding, if I do enter multiple bids on an item for any reason (not shilling), I try to avoid a predictable pattern in my bidding. "There are not only many reasons to skin a cat, but also many methods to skin it as well. Be well, my friend, bid well and may the best man win," attributed to the most interesting bidder in the World.
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed in 2012-24. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. Last edited by frankbmd; 05-05-2016 at 08:56 AM. |
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Frank. Please use your powers for good, not evil.
__________________
$co++ Forre$+ |
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I snipe things I want to go after, so I do not concern myself with other bidders' making max bids. Although I cannot prove it objectively, I think I pay less for auctions when I use a sniper than when I post a max bid and let people chip away at it. I believe one of the metrics Ebay uses to present items in its 'plugs' in closed listings and the like is bid activity, and if so, the more bids something draws, the more likely it is to be highlighted by Ebay as a 'popular' item.
I've gotten within a nickel of someone's max bid with a snipe. Definitely fun, but more from knowing I called the top rather than from a screw-the-opposition perspective. I mean, he doesn't know he was one increment from winning--for all he knows, my max bid was twice his.
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 03-28-2013 at 12:32 PM. |
#20
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Frank,
I don't know if it has any impact on how much I bid, given that I have seen the auction in either case, but I may be more likely to find it in the first place, as I occasionally sort by # of bids to find the good stuff. Also, I'd love to read your son's dissertation. I've been spending a lot of time on game theory with my students this semester. |
#21
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Shaking hands after an auction is preferable to firing a missile.
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed in 2012-24. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. |
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#23
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I'm with Shoele$$ except I do place an early, low bid . . .
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My strategy developed from having lost out on items due to waiting to place my initial bid (snipe) at the very end, and having the seller end the auction unexpectedly. I have always assumed the seller got an offer contingent on ending the auction early. My strategy is far from full-proof as a small number of auctions have still ended early (with me out of luck) but I have also benefitted from afew eBay messages from sellers requesting counteroffers to other offers made to them. And for those that ended early without my having had the opportunity to make an offer, I have always followed up with the seller to let him know how much I would have offered. Never resulted in gaining an item, but maybe helped the seller change how he considered outright offers, and may yet benefit me in the future. Last edited by HexsHeroes; 03-28-2013 at 07:46 AM. |
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