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Re: [OM] Wish to entry large format field

Subject: Re: [OM] Wish to entry large format field
From: Russ Butler <rbinnj@xxxxxxxxxxx>
Date: Mon, 07 Dec 2009 10:14:00 -0500
Another big advantage of using a sniper is that you can cancel the snipe 
bid. Can't easily do that with an oboy max bid.

Paul Braun wrote:
> Michael Wong wrote:
>> Chuck,
>> Why? What benefit will you get to bid on eBay by using esnipe?
>>
> 
> It's psychology.  It's a game of poker - never show your hand too early.
> 
> If you put your max bid into the proxy system, you give the guys bidding 
> against you time to bid, get outbid, and then think about whether or not 
> they're just going to keep outbidding you just to irritate you.
> 
> By not putting your max bid in until 10 seconds to go, the other bidders 
> don't have time to re-think their max bid.
> 
> Ultimately, they may be doing the same thing, and they may have a higher 
> max bid right off the top.  In that case, you lose simply because 
> someone else outplayed you and was willing to spend more.
> 
> It still boils down to who is willing to pay more, but by not bidding 
> until the end you eliminate a variable.  I use esnipe all the time.
> 


-- 
Russ Butler (NJ USA)


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