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[OM] Re: Now OT: sniping (was: Price of Zuiko 50 3.5 (macro))

Subject: [OM] Re: Now OT: sniping (was: Price of Zuiko 50 3.5 (macro))
From: Winsor Crosby <wincros@xxxxxxxxxxx>
Date: Thu, 23 Sep 2004 15:08:26 -0700
I was interested to see that some nonBay auctions extend the bidding if 
there is sniping. Seems fair to me.


Winsor
Long Beach, CA
USA
On Sep 23, 2004, at 2:32 PM, Wayne Culberson wrote:

>
>
>
>
>> My eSnipe setting is 4 seconds.
>> Walt, a sniper sniping
>>
>
> I think your 4 seconds is not necessary, and may even be detrimental.
> Actually, I set my snipes a bit more than the default settings. The 
> reason
> is, you have to have to bid in increments to meet the ebay settings.
> Apparently if two snipes come in at the same time, the highest one 
> wins even
> if it is only a cent or two higher. I've won a couple items that way 
> by only
> a cent or two, and also lost one by a couple cents. You can see this
> situation by looking at the bid history of course. So now I set my 
> snipes
> for the maximum time that I think a watcher will not have time to put 
> in a
> bid. That way, if another snipe is only a few cents higher than mine, 
> but is
> a few seconds later, he can't get in because it doesn't meet the bid
> increment. That's also why I set snipes for odd amounts above typical
> increments - sometimes you can win by a few cents.
>
> Wayne (who has about all he needs, and doesn't need to win any more 
> auctions
> either)
>
>
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