B*stard on ebay outbid me in THE LAST SECOND!
B*stard on ebay outbid me in THE LAST SECOND!
Author
Discussion

m1spw

Original Poster:

5,999 posts

255 months

Wednesday 23rd November 2005
quotequote all
This is so annoying! I was bidding on an item on ebay as a Christmas present for someone, and the auction ended at 19:42:20 tonight. This other guys bid was at 19:42:20!!!!

How come? How am I supposed to be able to react within less than a second?

FK!

john_p

7,073 posts

280 months

Wednesday 23rd November 2005
quotequote all
Welcome to 1997

puggit

49,820 posts

278 months

Wednesday 23rd November 2005
quotequote all
You can't - that's the whole point, it's all automated.

Learn how to play the game, or you'll loseall the time

Another harsh lesson in life for you

hugoagogo

23,437 posts

263 months

Wednesday 23rd November 2005
quotequote all
bid as much as you are prepared to pay, if someone pays more, that's their business

ZR1cliff

17,999 posts

279 months

Wednesday 23rd November 2005
quotequote all

sadako

7,080 posts

268 months

Wednesday 23rd November 2005
quotequote all
hugoagogo said:
bid as much as you are prepared to pay, if someone pays more, that's their business


A nice idea but if you bid at the last minute you can save money. The problem is people are wise to this and have created sniping programs. The only way to compete with one is to use one yourself.

ZR1cliff

17,999 posts

279 months

Wednesday 23rd November 2005
quotequote all
m1spw said:
This is so annoying! I was bidding on an item on ebay as a Christmas present for someone, and the auction ended at 19:42:20 tonight. This other guys bid was at 19:42:20!!!!

How come? How am I supposed to be able to react within less than a second?

FK!



Sorry just spotted this

m1spw said:
You waited only till the last minute? I've put winning bids in within the last 14 seconds of an auction mate! You wait till it says 20 seconds, then by the time you click bid, put the amount in and then click confirm the other guy doesn't have a chance!


>> Edited by ZR1cliff on Wednesday 23 November 19:59

rolyrat

3,383 posts

253 months

Wednesday 23rd November 2005
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Or the guy knows to the second how long it takes him to place a bid?

_VTEC_

2,459 posts

275 months

Wednesday 23rd November 2005
quotequote all
Dry yer eyes mate.

RoadRailer

599 posts

258 months

Wednesday 23rd November 2005
quotequote all
hugoagogo said:
bid as much as you are prepared to pay, if someone pays more, that's their business




Too many snipers for good bargains these days.

Mikey G

4,895 posts

270 months

Wednesday 23rd November 2005
quotequote all
Look, i'm really sorry, i didnt know how much it meant to you, you can have it for your highest bid if it makes that much of a difference to your life. I was just looking for a popular gift at the time....







JonRB

80,081 posts

302 months

Wednesday 23rd November 2005
quotequote all
If you want something that badly then bid over the odds for it or else accept the fact that someone may pip you at the post.
If you were prepared to bid more than you did then it is your loss.
If that was the most you were prepared to pay and someone was prepared to pay more then more fool them.

It really is that simple.

hugoagogo

23,437 posts

263 months

Wednesday 23rd November 2005
quotequote all
sadako said:
hugoagogo said:
bid as much as you are prepared to pay, if someone pays more, that's their business


A nice idea but if you bid at the last minute you can save money. The problem is people are wise to this and have created sniping programs. The only way to compete with one is to use one yourself.


you don't want to pay as much as the other guy. that's all there is to it.
say you bid max 9.50 to outbid a 9.00 highest bid and it appears as current bid 9.50. if the guys 'sniping programme' puts a last minute bid in of 10 quid he wins
but if you bid 12 quid and it appears as current bid 9.50, that sniping with a late bid of 10 doesn't work, you get it for 10.50

I know what you mean about trying to get a bargain, but if you bid lower, who's to blame if it gets outbid?

JonRB

80,081 posts

302 months

Wednesday 23rd November 2005
quotequote all
hugoagogo is right. Sniping is nothing more than a way of trying to stop a bidding war from developing and also to lull other bidders into not bidding high enough. It's not sneaky and underhand, it's just different.

At the end of the day, if you bid £1000 for something that is worth £10, you will get it regardless of how many sniping programs are sitting there primed with bids around the £10 mark. However, if your maximum bid is £9 because the maximum bid was £5 right up to 14 seconds before the auction closed then that's your own stupid fault for not bidding high enough.

>> Edited by JonRB on Wednesday 23 November 22:43

Zad

13,020 posts

266 months

Thursday 24th November 2005
quotequote all
Of course, if someone bids in the last minute, they could just extend the deadline for 1 more minute, more like the way real auctions work. This seems to be beyond the capability of Ebay's programmers. I wouldn't want to suggest that they are just sitting back and raking in huge amounts of cash for old rope because they have a massive monopoly...




DinkyToy-Boy

176 posts

275 months

Thursday 24th November 2005
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m1spw said:
Somefink or uvver, evry now and then........innit


Are you still here????

speedy_thrills

7,961 posts

273 months

Thursday 24th November 2005
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Zad said:
Of course, if someone bids in the last minute, they could just extend the deadline for 1 more minute
This is exactly what the one I used (www.trademe.co.nz) does, can you set up auctions on e-bay to extend the period?

308GTB

15,169 posts

264 months

Thursday 24th November 2005
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hugoagogo said:
bid as much as you are prepared to pay, if someone pays more, that's their business


That's right.

So if it is at £3 but you'd be prepared to pay £15, bid £15 as your maximum bid.

If there's a bidding frenzy at last knockings you'll still win if the other bidders are less than your max.

That's what I always do and I nearly always win, unless someone else is prepared to pay over the odds.

neil.b

6,546 posts

277 months

Thursday 24th November 2005
quotequote all
308GTB said:
hugoagogo said:
bid as much as you are prepared to pay, if someone pays more, that's their business


That's right.

So if it is at £3 but you'd be prepared to pay £15, bid £15 as your maximum bid.

If there's a bidding frenzy at last knockings you'll still win if the other bidders are less than your max.

That's what I always do and I nearly always win, unless someone else is prepared to pay over the odds.


I do the same but always reserve my proper maximum until 1-2 minutes before the end of the auction. Stops the price going too far towards that maximum by irrative bidding e.g.

Item = £10 and my max bid would be, say, £40.
If I put in a bid of £40 too early, a few people could try bidding which would then push the current price up but make me still the highest bidder, therefore making me pay a higher price for the item.
Now, if the price stays at £10 until a minute before the end, then I bid £40, I might be winning the auction with £11 but as there's not much time left for more bidding, it won't push my auto bid up to the £40 but I still win.
I've still bid the same maximum amount, but i decrease the chances of having to pay that maximum.


catretriever

2,090 posts

272 months

Thursday 24th November 2005
quotequote all
There is absolutely no point in placing bids on an item until the closing moments of an auction unless there is a reserve that needs to be achieved.
Do yourself a favour and use a sniper like everyone else does.