BID TO WIN. IT SEEMS SIMPLE ENOUGH - Net54baseball.com Forums

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#10

10-10-2005, 11:40 AM

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BID TO WIN. IT SEEMS SIMPLE ENOUGH

Posted By: T206Collector

If you bid early on an ebay auction you are throwing your money away. There is essentially no good reason ever to do this on ebay. Only an ebay shareholder or power seller would encourage such behavior on a routine basis. Those auctions you win will be at higher prices than if you had decided to snipe because people will chip away at your early high bid, trying to estimate how high your proxy will go.

I do agree, however, that if you do not bid your maximum bid and lose the auction that you have no cause for complaint -- no matter when you place you bids. But, you have a better chance of winning with a low maximum bid if you snipe than if you place your low maximum minutes, hours, days, or weeks in advance.

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