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<p>[QUOTE="lordmarcovan, post: 25920505, member: 10461"]Simple answer: to hopefully <i>win</i>.</p><p><br /></p><p>Rather than bidding a little bit at a time (and thereby tipping my hand to the competition), I'll bid my max and then let the chips fall where they may. Maybe I'll win. Often I won't.</p><p><br /></p><p>It's also good to bid as late as you can, to get in just under the deadline. Bidding at the very last minute is called <i>sniping</i>, as you likely know. It's a strategy to outbid the high bidder at the very last minute, before he has the chance to respond, raise his bid, and outbid you again. </p><p><br /></p><p>On eBay, I use the esnipe.com software, which will automatically execute my bid literally within the final seconds of an auction. I can enter my bids (snipes) ahead of time and then forget about them until the auction is over, knowing my bids will be executed at the very last second. Until the sniper software bids for me, my interest in the item is not revealed.</p><p><br /></p><p>But I don't know if esnipe works on other platforms. These days I'm bidding more on sites like Heritage or GreatCollections, or foreign auctions.[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 25920505, member: 10461"]Simple answer: to hopefully [I]win[/I]. Rather than bidding a little bit at a time (and thereby tipping my hand to the competition), I'll bid my max and then let the chips fall where they may. Maybe I'll win. Often I won't. It's also good to bid as late as you can, to get in just under the deadline. Bidding at the very last minute is called [I]sniping[/I], as you likely know. It's a strategy to outbid the high bidder at the very last minute, before he has the chance to respond, raise his bid, and outbid you again. On eBay, I use the esnipe.com software, which will automatically execute my bid literally within the final seconds of an auction. I can enter my bids (snipes) ahead of time and then forget about them until the auction is over, knowing my bids will be executed at the very last second. Until the sniper software bids for me, my interest in the item is not revealed. But I don't know if esnipe works on other platforms. These days I'm bidding more on sites like Heritage or GreatCollections, or foreign auctions.[/QUOTE]
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