![]() Intelligent rational people do so at the last minute. Rational bidders bid once and put in their (current) true maximum bid. Regarding the final price, sniping only works if there are non-rational bidders. Sniping only works if everyone else is sniping.Īu contraire. Sniping works against those who don't understand eBay. However the masses simply do not comprehend this and continue bidding by the rules from another system, which are simply wrong here. If you're outbid, then someone was willing to pay more than you were simple. You can be outbid by someone who was willing to pay more than you, and it doesn't actually matter whether that happens a second after you bid or a second before the auction closes. If you use the system as it is designed, then you cannot be "sniped". This is actually bad for the buyer, because it tends to draw people into bidding higher than they would originally peg as their maximum. The problem with eBay is that people treat it as a conventional bid, believing for some reason that you should bid over and over again, just above the opposition. It doesn't show anyone what your maximum amount is in fact the system is set up to the advantage of the buyer, because if I'm willing to pay $100 but the second bidder only bids $20, then the seller only gets $22 of what I was willing to pay and I keep the rest in my pocket. ![]() Why on earth do people bid over and over again, or wake up at a specific time? The eBay system is set up so you can put down the single bid you are willing to pay for an item. If someone snipes $102 in the last second, then they're paying more than I was willing to pay for the item anyway, and so should win the auction. If someone snipes in the last second at $50, I'll win the bid with $52 - without having had to pay any attention to the auction past my original bide. If someone bids $20, my $100 bid trumps them and becomes listed as $22. My bid will show as $12 or whatever minimum increment it is. If I will pay up to $100 for an item on eBay, but the current bid is $10, then I'll enter $100.
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