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<p>[QUOTE="cpm9ball, post: 897045, member: 24633"]I think you may be missing my point. The winning bidder obviously was not using a bidding service since he had already placed a previous bid and his final bid was placed 6-1/2 minutes after the losing bidder placed the bid of $276. The losing bidder had never placed a previous bid, so there was no way that the winning bidder was aware of his interest. Since the high bid was $108 just prior to the losing bidder inserting his bid, what makes you think that the winning bidder would have inserted a second bid of $281 if he had no knowledge of the bid of $276. Even if he had decided to hold off his final bid until the last few seconds, I doubt that he would have placed a bid that high. It would seem more reasonable that he would have felt confident that a bid of, say, $150 would probably win. So, let's say that he hovered over the "Commit" button with a bid of $150 until the final seconds. His bid is then entered. The sniper's bid of $276 is also entered, and the sniper would win at $152.50, saving himself $123.50.</p><p> </p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 897045, member: 24633"]I think you may be missing my point. The winning bidder obviously was not using a bidding service since he had already placed a previous bid and his final bid was placed 6-1/2 minutes after the losing bidder placed the bid of $276. The losing bidder had never placed a previous bid, so there was no way that the winning bidder was aware of his interest. Since the high bid was $108 just prior to the losing bidder inserting his bid, what makes you think that the winning bidder would have inserted a second bid of $281 if he had no knowledge of the bid of $276. Even if he had decided to hold off his final bid until the last few seconds, I doubt that he would have placed a bid that high. It would seem more reasonable that he would have felt confident that a bid of, say, $150 would probably win. So, let's say that he hovered over the "Commit" button with a bid of $150 until the final seconds. His bid is then entered. The sniper's bid of $276 is also entered, and the sniper would win at $152.50, saving himself $123.50. Chris[/QUOTE]
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