Quote:
Originally Posted by Snowman
Bidding on the set only gives you the opportunity to win the set for less than you might otherwise have to pay were you to bid on all lots, but it also places you at risk of losing altogether since in this format, you get shut out without another set bidder to compete against. So it is optimal in the sense that it is the most likely route to the cheapest win, but it is non optimal if the goal is to guarantee a win, which it cannot do. The only way to guarantee a win is to bid on all lots on both sides like playing a game of Whack-a-Mole.
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Thats the part that confused me. Why didn't anyone think about that before hand? From my limited experience, it seems most auctions you need someone else to bid against you to raise your bid. Wasn't it obvious there was a huge risk that it wouldn't be possible to win the set if there was only one bidder? Therefore you would have to bid on every card to make sure you won