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The Other OneIdeally, you should only have to bid twice: once to get a bid in, and once to win the item--right before the auction closes (of course, when IS that? Do Mastro auctions ever end, or are the early ones still really going?).
But "trying to stay ahead of the competition" is ridiculous! WHO CARES who finishes #1, 3 days before the auction closes? The only bids that count are the pre-first-bid-closing-bid, and--the winning bid.