Poll: Auction House Closing Method - Net54baseball.com Forums

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Poll: Auction House Closing Method

View Poll Results: Which auction house closing method do you prefer:
All lots close after no bids for 15 minutes (a.k.a. the 15 minute rule or all-nighter rule).	9	6.52%
Lots close after 15 minutes of receiving no bids after extended bidding starts.	119	86.23%
Select option 3 if there is another preferred method and please post the method in the thread.	10	7.25%
Voters: 138. You may not vote on this poll

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#15

10-02-2024, 06:55 PM

BobbyStrawberry BobbyStrawberry is offline

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Join Date: Oct 2020

Location: USA

Posts: 2,906

Quote:

Originally Posted by Aquarian Sports Cards

The whole idea of extended bidding is to mimic a "real" auction. At a live auction I have never said "Hey guys I'm taking bids for 30 more seconds and wherever the bidding is at that time the lot is sold." Frankly Ebay style that allows sniping isn't a "real" auction to me.

If the idea is to mimic a "real" auction, why not have the extended bidding periods be something like 30 seconds, or a minute or two? 15 minutes has always seemed excessively long to me.

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