[GreenKeys] eBay

[Ken Schwieker]

I agree with some of your points.
If you bit a high amount (too high?) then you will win the auction 
most of the time no matter when you bid.

Line c) is why someone else might win an auction you are interested 
in by doing the same thing. They can see you are interested and test 
your high bid.  It takes two non-snipers to drive the bid up stair step wise.
Snipers don't drive the bid up before the end of the auction but they 
do have to have the discipline to evaluate the item, decide on the 
absolute highest they would want to pay and not one cent more.

Ken S


At 07:42 AM 12/10/2011, you wrote:
>Yes, an early bid can increase your chances marginally -
>a) I win if I enter an early bid that is high enough - then it really
>doesn't matter what you and other snipers do.
>b) I win if a sniper bids the same amount as my early bid. Early bids
>beat late bids.
>c) I can lose early and win later. If I bid early and underestimate
>the value of something to me, I may get extra time to enter a winning
>bid. For example, if you make a $100 snipe bid, and the early bidding
>stalls at $60 (but the highest early bidder actually has a $105 max)
>then you lose. But if I make a $100 early bid and that gets topped
>early, then I get to re-think this - is it actually worth more to me?
>is there something nifty here that I didn't see at first? is there
>another nutcase like me who would buy some pieces of this thing that I
>don't need? Should I make a snipe bid of $120?
>d) If nobody bids early, we might all lose - the seller might get a
>reasonable side offer, decide nobody is bidding anyway, and pull the
>auction. It happens.
>e) If I don't bid early and forget to bid late, I lose. I often see an
>item and plan to make a bid in the last seconds, and then get involved
>in something else and don't do it. I've kicked myself half a dozen
>times for missing the final bidding. Yes I know signing up for an
>auto-snipe service would fix this.
>
>These secrets of eBay bidding are worth exactly what you paid for
>them.....Enough of this, I'm going back down in the basement and try
>to figure out how to align the printer ribbon with the type box on my
>28ASR.
>
>cheers,
>Nick K4NYW
>www,navy-radio.com
>
>
>On Sat, Dec 10, 2011 at 7:25 AM, Ken Schwieker <ksweek at mindspring.com> wrote:
> > I have to ask the question. Do any bidders really think that placing
> > their bid earlier than the end of the auction increases their chances
> > of winning the item?  Actually I like stair step bidders, their
> > pretty easy to outbid, it's just those other snipers I have to 
> worry about :)
> >
> > Ken S
> >
> > ______________________________________________________________
> > GreenKeys mailing list
> > Home: http://mailman.qth.net/mailman/listinfo/greenkeys
> > Help: http://mailman.qth.net/mmfaq.htm
> > Post: mailto:GreenKeys at mailman.qth.net
> >
> > This list hosted by: http://www.qsl.net
> > Please help support this email list: http://www.qsl.net/donate.html
>______________________________________________________________
>GreenKeys mailing list
>Home: http://mailman.qth.net/mailman/listinfo/greenkeys
>Help: http://mailman.qth.net/mmfaq.htm
>Post: mailto:GreenKeys at mailman.qth.net
>
>This list hosted by: http://www.qsl.net
>Please help support this email list: http://www.qsl.net/donate.html