Anyone participate in this Hunt Auction?

[daviddbreadman]

I mentioned that I expected I might win one lot which I did. It did not go to my ceiling BUT went close. Then again I kept my ceiling low enough so that I still thought I was paying a fair price so perhaps I just estimated the selling price pretty correctly. I find the format frustrating but also a bit inefficient, thus creating opportunities. I feel that they are accidentally leaving a lot of players on the sidelines. Their internet pre-bid is aggravating and probably dissuading a lot of people who'd otherwise be in there bidding. And the auction itself, limiting the ending prices to essentially those onsite?? I just can't understand the model. I feel the lot I won probably would have garnered 25% more had it been all internet auction.