Posted By:
Jim VBMike,
From the gavelsnipe FAQ-
Q-Will GavelSnipe keep bidding until a reserve is met or just until it outbids the current high bidder?
A-GavelSnipe will keep bidding until the bid meets the reserve amount. From there it will win the auction at the lowest price possible below your maximum bid.
From me-
They say they do, but I don't see how they can. You can preset your timing from 20 seconds before close (default) all the way down to as little as 5 seconds before. At the shorter durations, there would be no time for them to get notified that you were under reserve and then rebid. At 20 seconds, maybe then.
For the record, I have had two times where they did not execute my snipe. Once they said "Ebay member name or password error" and once they said "Ebay network error." Both times they were in a string of 4-6 bids in a couple of minutes and the bid they missed was in the middle. They executed snipes a minute before and a minute after each failed snipe. They are looking into it, but have not yet explained what happened.