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#3
06-15-2012, 11:56 AM
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Smart Way to Bid
What is also happening is that most people bid in round dollar increments. IMO it is smart to bid the way that you are bidding (this is how I bid) because for maybe as little as .13 cents you won the auction. For example the underbidder entered $83.50...your bid of $83.63 was higher so you won. One negative thing about bidding this way is that an experienced bidder will know your max because of the odd dollar amount, and know that their next bid will be enough to outbid you.
Jeff 
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