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<p>[QUOTE=&quot;Conder101, post: 3043802, member: 66&quot;]That&#039;s why people use snipe programs. They don&#039;t HAVE to monitor them, the program does it.</p><p><br /></p><p><br /></p><p>Now let&#039;s say this guy who was bidding against you in bid the thing way up like that was a shill bidder, but you didn&#039;t have that maximum bid in there. So he bids the other people up to say $60 and no higher because your max bid wasn&#039;t there. Then your snipe bid comes in in the last three seconds with your $110 maximum bid. The shill bidder doesn&#039;t have a time to react and you win the coin for $62. You not only one and didn&#039;t get outbid, but you got it for $48 less than your maximum bid. That&#039;s the problem with putting a maximum bid in early, it gives others the chance to bid it up so that even if you do when you end up paying more than you had to. Sure you thought it was worth $110, but why pay that if you don&#039;t have to and can potentially get it for less? Sure it doesn&#039;t always work you may be up against somebody who is put in a maximum bit of $120, but in that case you are still not overpaying. Snipe bidding protects you from over bidding just as a max bid does, but improves your chances of paying less than you have to.[/QUOTE]</p><p><br /></p>

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