Quote:
Originally Posted by Rhotchkiss
There are several reasons I will “tangle” day 1 - First, as Jeff suggested, if it’s something I really want, I put in a large max bid so that 50% of the bids getting there are mine, thus potentially limiting the number of competitors in extended bidding. Second, sometimes I want a certain spot, or want the last bid before a bid-increment cliff (like when bids go from $500 to $1000), so I put in my max bid to ensure I get that spot if it gets there. That said, I only do this with cards I really really want, otherwise I may have too many large bids on too many large items (large being a relative term)
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With that strategy you will be able to limit the number of competitors. The problem is you will be limiting the wrong ones.
The guys you knock out probably weren't going to win the lot anyway. The ones who are likely to win it are still there. So you are only creating the illusion of less competition.