Quote:
Originally Posted by T206Collector
I always wondered who was placing ebay bids before 20 seconds were left in the auction -- I guess now I know. Half the respondents! WOW! 
As a bidder, why would you let your competitors know your high bid? This just encourages people to bid you up early and often.
Stated another way, the only person who benefits from early bidding is the seller.
If you bid with enough time to let competitors or shillers see your bid and respond then you are just asking to pay more to win, and you undoubtedly will lose more.
Instead, try sniping. Take the ebay item number to Gavelsnipe. Put the number into the system and how much your top bid is. Then leave it alone. It will place the bid for you with 8 or so seconds left. Nobody can respond. You just get your bid in at your max. Set it, and forget it!  |
True, but if the price is artificially low it also encourages more bidders in the final few seconds thereby potentially hurting your odds. I realize this effect is less than that gained by just sniping but just adding a potential reason people might bid earlier.