Posted By:
Cobby33I, too, don't see anything unethical or sneaky, per se, about snipe bidding. Personally, I just think it kind of takes the fun/competition out of the bidding process.
I would only consider using it if I knew I was going to be away at the close of the auction (which is most of the time) and I didn't want my max. bid to be run up. But still, I'm not sure how much running up actually takes place if you put in a max bid a couple of hours before auction's end, that a snipe would prevent.