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<p>[QUOTE=&quot;Conder101, post: 1668846, member: 66&quot;]Sniping has no real advantage price wise over someone who places an early max bid, or against someone else who is sniping, but it has a decided advantage over the reactionary bidder (who simply bids whenever he is outbid and continues to do so until he is high bidder again) compared to the early max bidder.</p><p><br /></p><p>As an example say we have a coin currently sitting at $50 and to make it simple there are only two people interested in it and they are both willing to pay close to $200 for it.&nbsp; You are a max bidder so you put in your bid and you are high bidder at $55.&nbsp; So the reactionary bidder starts bidding and he keeps being out bid by your max bid.&nbsp; Now say he gives up at $190 you win for $195 , less than your max bid and you are happy.</p><p><br /></p><p>This time same situation but you are a sniper and you set your snipe for $200 and take your wife out to dinner and a movie.&nbsp; Meanwhile the reactionary bidder bids $55.&nbsp; He is high bidder and he is sitting happy until 5 seconds before the auction ends.&nbsp; Your snipe is executed and you are high bidder at $60.&nbsp; He panics, acts real fast and manages to get in a $65 bid.&nbsp; Thanks to your snipe you are still high bid at $70 and he is out of time.&nbsp; While you have been out enjoying yourself you have won the coin, this time for $70 instead of $195.[/QUOTE]</p><p><br /></p>

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