Quote:
Originally Posted by Gary Dunaier
Thank you!
If somebody is willing to pay more for an item than you are, it doesn't matter if they place their bid at the start of the auction or with one second left to go. I understand it's a strategy thing - I do it myself sometimes - and if the item is a rare one, losing out on it can be very frustrating. But the fact of the matter is that even if you wind up losing by one increment over your top bid, you have absolutely no idea what the guy's max bid was.
|
I know virtually everyone here snipes, but I am of the camp that prefers to put in the max bid right from the start and make someone knock me off. I have not done the statistics, but for me when I've sniped the results has been mixed. Often I did not win and if I did, got it at a price much higher than comparable BINs. I just make sure that if I'm going to lose, the other guy will not get a deal. With scarce cards that you don't see too often and is up auction style you don't have much of a choice; you will see sniping in the end, but with more common cards, I don't get too upset getting knocked off with a snipe. Just saying.
Craig