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  #1  
Old 04-13-2018, 03:20 PM
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Dave_Berg
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Originally Posted by Peter_Spaeth View Post
I genuinely don't understand the reason for multiple early bids/battles on a lot. Unless you have a very good idea where a lot will go and want to lock up a bid level because it's going to get there anyhow, which makes some sense to me. But "tangling" with someone on opening day -- why?
I was thinking the same thing. Get my bids in and save the push for the final night. Instantly being outbid on day 1 is the norm, I'll pick my battles on the 6th.
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  #2  
Old 04-13-2018, 03:25 PM
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Peter Spaeth
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Originally Posted by Stonepony View Post
I was thinking the same thing. Get my bids in and save the push for the final night. Instantly being outbid on day 1 is the norm, I'll pick my battles on the 6th.
Right. Who cares if you aren't ahead?
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  #3  
Old 04-13-2018, 04:03 PM
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Jeffrey Lichtman
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Originally Posted by Peter_Spaeth View Post
Right. Who cares if you aren't ahead?
Now you know why you never win anything in REA.
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  #4  
Old 04-13-2018, 04:54 PM
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Now you know why you never win anything in REA.
I don't necessarily agree, but this is funny.
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  #5  
Old 04-13-2018, 05:06 PM
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I don't necessarily agree, but this is funny.
I just don't understand the pissing contest right out of the block. How is that calculated to help you (not you Sean, just in general) win at the best price?
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Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
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  #6  
Old 04-13-2018, 05:11 PM
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Originally Posted by Peter_Spaeth View Post
I just don't understand the pissing contest right out of the block. How is that calculated to help you (not you Sean, just in general) win at the best price?
I understand it in theory: getting the price up quickly to discourage people from bothering to bid. Also, perhaps to put a max bid in first at the price the card is worth I suppose. For me, I put in placeholders just so I don't forget. I don't even go back to REA until the auction is well into extended bidding. If the cards I'm after are still within a range I'm willing to pay, I bid; if not, I don't.
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  #7  
Old 04-13-2018, 05:15 PM
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As I said, I get the max bid, if the price is fairly predictable, you want to lock up a bid level and make someone really overpay to beat you (which in my case they doubtless will anyhow). I don't see how driving up the price early is going to scare someone who really wants the card off it. It's just going to make it more expensive.
__________________
Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.

Last edited by Peter_Spaeth; 04-13-2018 at 05:21 PM.
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  #8  
Old 04-13-2018, 06:06 PM
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Originally Posted by calvindog View Post
I understand it in theory: getting the price up quickly to discourage people from bothering to bid. Also, perhaps to put a max bid in first at the price the card is worth I suppose. For me, I put in placeholders just so I don't forget. I don't even go back to REA until the auction is well into extended bidding. If the cards I'm after are still within a range I'm willing to pay, I bid; if not, I don't.
This is what I do as well. I've been outbid on half of my bids so far, but none of it matters until about midnight May 6th.
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  #9  
Old 04-13-2018, 09:01 PM
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Quote:
Originally Posted by calvindog View Post
I understand it in theory: getting the price up quickly to discourage people from bothering to bid. Also, perhaps to put a max bid in first at the price the card is worth I suppose. For me, I put in placeholders just so I don't forget. I don't even go back to REA until the auction is well into extended bidding. If the cards I'm after are still within a range I'm willing to pay, I bid; if not, I don't.
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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