Online auction strategies

[Aquarian Sports Cards]

Originally Posted by Casey2296

1 bid is enough to get you to extended, even if it is not high bid. That's why you see a lot of placeholder bids at the auction open and then a flat period until the auction close gets closer.

Caveat there are two methods even in the "prelim bid to qualify" model.

1. You have to have a bid in on EACH LOT that you want to bid on in extended bidding.

2. One bid on any item makes you eligible to bid on the entire auction in extended bidding.

Not sure I see the point in model #2 but it exists.

[sbfinley]

Originally Posted by Aquarian Sports Cards

Caveat there are two methods even in the "prelim bid to qualify" model.

1. You have to have a bid in on EACH LOT that you want to bid on in extended bidding.

2. One bid on any item makes you eligible to bid on the entire auction in extended bidding.

Not sure I see the point in model #2 but it exists.

I don't love model #2, but there I have been several instances where I've been shut out of my main watched items and I've noticed the entire auction is still open to me and then picked up items I'd previously passed over and would never have bid on in extended under model #1.

[jayshum]

Originally Posted by Aquarian Sports Cards

Caveat there are two methods even in the "prelim bid to qualify" model.

1. You have to have a bid in on EACH LOT that you want to bid on in extended bidding.

2. One bid on any item makes you eligible to bid on the entire auction in extended bidding.

Not sure I see the point in model #2 but it exists.

I thought Clean Sweep let you bid on anything in extended bidding if you bid on at least 10 lots in the auction.

[ValKehl]

Originally Posted by Aquarian Sports Cards

Caveat there are two methods even in the "prelim bid to qualify" model.

1. You have to have a bid in on EACH LOT that you want to bid on in extended bidding.

2. One bid on any item makes you eligible to bid on the entire auction in extended bidding.

Not sure I see the point in model #2 but it exists.

Sterling Sports Auctions uses Method #2.

[RCMcKenzie]

eBay is the only format where you can catch people off guard with a top all bid at the buzzer. For the legit AH's auctions, you have to outbid the experts on here with the deep pockets. You will never pull the wool over their eyes with a strategy other than bid more than them early and often.

[Republicaninmass]

Originally Posted by RCMcKenzie

eBay is the only format where you can catch people off guard with a top all bid at the buzzer. For the legit AH's auctions, you have to outbid the experts on here with the deep pockets. You will never pull the wool over their eyes with a strategy other than bid more than them early and often.

And there are so many eyes in stuff these days, even the most remote auction house with a questionable reputation will get "over retail" bids

[Vintagedeputy]

Originally Posted by RCMcKenzie

eBay is the only format where you can catch people off guard with a top all bid at the buzzer. For the legit AH's auctions, you have to outbid the experts on here with the deep pockets. You will never pull the wool over their eyes with a strategy other than bid more than them early and often.

They’re actually a number of others that are like eBay. eBay is just the most well-known one.