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.
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This is exactly right, that's why there is really no such thing as sniping.
You don't know what his max bid was, and if it is larger than your max bid, it doesnt matter whether you snipe or bid your max bid right away, as long as you max bid the largest amount you would possibly ever consider paying if your life was on the line and you wouldnt pay one penny more, then you have bid your max bid and if someone bids more, they get it, if they don't, they don't.