- May 30, 2001
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This will be my first time at this and I wanted to know what you all use for auction sniping. I really want this DVD for a decent price so I want to make sure I get it 
Originally posted by: glenn1
Why don't you just enter a proxy bid? It serves the same purpose as a sniping program...
Originally posted by: Lithium381
Originally posted by: glenn1
Why don't you just enter a proxy bid? It serves the same purpose as a sniping program...
select a price you're willing to pay and never look at it again......if you had the high bid, you win, if not, someone was willing to pay more than you........all this "sniper" junk....pcha
Everything on eBay is so cheap compared to suggested retail price that say if something that goes for $500 at Best Buy, on eBay it'll end around $300.
You make the bold and often fatal assumption that the current leader is at his maximum already. If you wait until the last second and put $270 and the high bidder's bid is $450, you will still have lost. Wear it with pride.With 1 minute to go, if you put down $450 and the going price is $200, then by the time somebody else comes around and bids on it, the price will go, and that person will probably bid up to about $350-400 before he stops.
If you don't bid $450, and wait for somebody to put down $250.. wait until the last minute, put in $270 and you'll get it.
Originally posted by: chadeades
Will someone explain to me what the hell sniping on eBay is
Originally posted by: Jzero
Originally posted by: chadeades
Will someone explain to me what the hell sniping on eBay is
Bidding at the last possible second in an attempt to preclude other bidders from doing the same. There's all sorts of superstitions about it, but at the end of the day, if everybody just relied on proxy bidding as they were supposed to, then there would be no benefits to it at all.
As it is, it only screws other idiots. The high bidder still wins, regardless of WHEN the bid was placed.
Originally posted by: chadeades
Well, why in the world would you need a sniping service? I always bid at the last second if I find something I really want. The only time I do proxy bidding is if it's something I would like, but only want to pay a certain price.
Originally posted by: glenn1
Everything on eBay is so cheap compared to suggested retail price that say if something that goes for $500 at Best Buy, on eBay it'll end around $300.
Are you sure you're using the same Ebay as me ? 'Cause half the time, the id10ts on Fleabay end up bidding prices above retail, sometimes considerably above. And i'm not talking Newegg retail prices, i'm talking about CompUSA type B&M ripoff chain retail prices.
The rub is that the high bidder wins regardless of when the bid is placed, regardless of how many bids are on the item. One of the superstitions surrounding sniping is that bidding early means more people will bid and draw attention to the auction, but at the end of the day, if on Monday if you place a higher bid than anyone else will place on Friday, then you still win. Doesn't matter how many people bid and when.people who want to buy things cheaper on eBay don't want to have a bidding war. When there's 5 minutes left to go, if 2 n00bs at eBay come on and start trying to outbid each other, the price goes up like crazy (can double easily in a few bids). As a buyer, you don't want to raise the price of the item any more than it is, so you want to win with the least amount of bids possible on the item. Therefore, you wait until the last few seconds to snipe in a bid and win it all before somebody can drive up the price again and you'd have to outbid it.
However, had you bid $275 outright, you still would have won. If jeff87421 edged you at the last second, and you were mad, then the fault would still be with you for not bidding less than you wanted to pay.Here's an example:
Bid History on Denon 1802
Bidding war starts around 8:50pm, i snipe it at 8:53:50 with 8 seconds to go.
Originally posted by: NewSc2
Originally posted by: chadeades
Well, why in the world would you need a sniping service? I always bid at the last second if I find something I really want. The only time I do proxy bidding is if it's something I would like, but only want to pay a certain price.
sometimes you find something very rare but you'll be out at class or something and the price is low, so you'd use a sniping service. Also, if another bidder uses a sniping service it's hard to manually beat it out with 5 seconds to go.
Originally posted by: Jzero
The rub is that the high bidder wins regardless of when the bid is placed, regardless of how many bids are on the item. One of the superstitions surrounding sniping is that bidding early means more people will bid and draw attention to the auction, but at the end of the day, if on Monday if you place a higher bid than anyone else will place on Friday, then you still win. Doesn't matter how many people bid and when.people who want to buy things cheaper on eBay don't want to have a bidding war. When there's 5 minutes left to go, if 2 n00bs at eBay come on and start trying to outbid each other, the price goes up like crazy (can double easily in a few bids). As a buyer, you don't want to raise the price of the item any more than it is, so you want to win with the least amount of bids possible on the item. Therefore, you wait until the last few seconds to snipe in a bid and win it all before somebody can drive up the price again and you'd have to outbid it.
However, had you bid $275 outright, you still would have won. If jeff87421 edged you at the last second, and you were mad, then the fault would still be with you for not bidding less than you wanted to pay.Here's an example:
Bid History on Denon 1802
Bidding war starts around 8:50pm, i snipe it at 8:53:50 with 8 seconds to go.
See my sig. Ebay is not complex nor magical.
The catch is that Jeff doesn't know that you bid $275. He STILL would have bid $270 with 10 seconds left, proxy would have made you the leader with $275, and you'd have won regardless.no, i'm sure jeff wouldn't have minded paying $276 and winning it if I had bid $275 a few days back. These receivers go on eBay all the time for $310+, so I got lucky here because not many people bid up on it.
Good example. Once again, you luck out in being able to probe Peter's bid. Since he didn't bother competing with you, it's safe to assume that had you bid $8.50 from the start, you'd have won.EDIT: Look up my history if you really care so much, I do this thing my way, and I usually end up purchasing items for a few dollars cheaper than everybody else does on completed items. The thing with eBay is that each bid drives up the price, so obviously if you want to win the item at a low rate, bid on items that not many people bid on. If you really care, here's another auction that somebody bid, willing to pay $8 for an air filter, but I outbid him and won it for $8.50 with a minute or two to go. I'm sure either one of us wouldn't have minded paying $10 for the filter.
Bid History for Kenmore HEPA Air Filter
Originally posted by: Jzero
The catch is that Jeff doesn't know that you bid $275. He STILL would have bid $270 with 10 seconds left, proxy would have made you the leader with $275, and you'd have won regardless.no, i'm sure jeff wouldn't have minded paying $276 and winning it if I had bid $275 a few days back. These receivers go on eBay all the time for $310+, so I got lucky here because not many people bid up on it.
Had you bid $275 on day 1 of the auction, the high bid would have appeared to be $222.50 all the way up until the last few hours of the auction instead of $220. Your one extra bid does not make a bit of difference. As a matter of fact, you completely lucked out in this case when Ungy didn't take advantage of the 8 second window you left open for him to try and peg you if he wanted to.
Good example. Once again, you luck out in being able to probe Peter's bid. Since he didn't bother competing with you, it's safe to assume that had you bid $8.50 from the start, you'd have won.EDIT: Look up my history if you really care so much, I do this thing my way, and I usually end up purchasing items for a few dollars cheaper than everybody else does on completed items. The thing with eBay is that each bid drives up the price, so obviously if you want to win the item at a low rate, bid on items that not many people bid on. If you really care, here's another auction that somebody bid, willing to pay $8 for an air filter, but I outbid him and won it for $8.50 with a minute or two to go. I'm sure either one of us wouldn't have minded paying $10 for the filter.
Bid History for Kenmore HEPA Air Filter
In all honesty, you are a prime example of the person that thinks sniping is the magic bullet, yet I set my sniper always to go at 1 second. If it's something I REALLY REALLY want and don't want to risk a lag killing me (which has never happened), I'll do maybe 3 seconds.
You would have lost both auctions if I had participated and decided the item was worth enough.
The high bidder still wins. You have yourself deluded in believing that bidding late screws anyone other than people who bid later.
Originally posted by: NewSc2
jeez, so many people support proxy bidding their max early - i'm gonna start selling on eBay again
personally, if i find something on eBay, usually it's something rare or something i like and want. I'll pay anything to get it, so I snipe it at the end. There's really no "max price" for me, it can be tilted this way or that way. With the post above me, if the guy's max is $50, if it ended at $51 then i'm sure he wouldn't have minded paying $52, and that's what snipers live on - they like barely going over somebody's limit.