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Ebay max bid vs myibidder TIMING | Sun Feb 22, 2015 05:17 PM | |  |
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I am bidding on an auction where other buyers use ebay's max bid to bid on their behalf. I know this because I can see from the automatic bid history for that item. Here's my question:
Say the item is at $66 right before closing. I have Myibidder set to $120 to be placed 5 seconds prior to the auction closing.
If Myibidder bids $67 on my behalf at 5 seconds out, and others have the ebay max bid set at $70, will the ebay max bid have enough time in that 5 seconds to top my bid right before the auction closes? I guess i'm just wondering about the timing of the various bid systems.
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| Sun Feb 22, 2015 05:47 PM | |  |
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Sashka |
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Member Since: Feb 13, 2008 |
Location: www.myibidder.com |
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If your snipe is 120, then Myibidder will bid 120. There is no reason to bid less for the reason you described -- other bidders may have their maximum bid higher than the current bid.
Myibidder will bid 120, but you will win the item at 70 + 1 (bid increment) = 71.
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| Sun Feb 22, 2015 11:57 PM | |  |
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I see! So as long as my snipe is set higher than everyone else's max bid, then I should win.
Let me know if you have any other advice to maximize the chance of my winning this auction!
Thanks for the help. Much appreciated.
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| Mon Feb 23, 2015 02:00 AM | |  |
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Sashka |
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Posts: 3797 |
Member Since: Feb 13, 2008 |
Location: www.myibidder.com |
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The simplest advice is to set your absolute maximum when setting up the snipe. Most of the time, you will pay less anyway.
Also, it helps to add a few pennies extra to beat those who bid even amount. Meaning, setting up 20.02 instead of 20.00 will increase your chance.
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