But Corey, you could have just as easily gotten outbid with 15 seconds to go before all of the lots ended and you would have gotten nothing. It just happened to be in your case that you were outbid with plenty of time to place other bids.
Quote:
Originally Posted by benjulmag
Here's how (and this what actually happened). I have a budget of X. There are 7 lots I have qualifying bids in on. One of them is literally a unique item which perfectly fits my collection and, by definition, being unique this is my one shot to get it. So I save my entire budget of X for that item. At 3:45 AM I got outbid once again, and this time I was at my budget. So I went back to those other 6 lots that I had qualifying bids in on and THAT WERE STILL OPEN BECAUSE ALL THE LOTS CLOSED AT THE SAME TIME, and started bidding on them. I ended up winning I think 4 of them, none of which I would have won had they had individual closing times.
Had the extended bidding period begun at an early enough hour and the bidding interval as midnight approached been steadily reduced to one minute, this entire scenario would have played out hours earlier.
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