[Archive]

Posted By: barrysloate

I find that even if you manually put a bid in with 20-30 seconds to go there still isn't enough time for another bidder to see your bid, recalculate his maximum, and get it in under the gun. The bottom line is not when you snipe but how high your bid is. If I put in a $1000 ceiling on a $100 lot the day before and you bid $500 with 5 seconds left, you still lose.