Ebay bid increase

[watchcollector1]

Using a sniper app isn't pointless because it puts you at an advantage over anyone who doesn't use a sniper (and there are plenty who don't) and you are also therefore not at a disadvantage to other snipers.


If you were all to have snipers then it simply boils down to who had placed the highest bid, the same as a normal auction if everyone didn't have a sniper. Which reverts me back to my original statement of saying that they're pointless. If someone has a higher bid than you and doesn't use a sniper it's pointless. if someone has a higher bid than you and has a sniper it's pointless. I assume that if someone has the same bid as you and you both have snipers it boils down to whos sniper is the quickest which is again pointless. The only time it's worthwhile is that if you have a highest bid and use the sniper, in which case you might of just aswell done a stupid high bid if you really wanted the item. It seems it's got nothing to do with reaction times but moreover the value you place on the item?

I'm assuming you haven't followed many ebay auctions? It's very rare that an early bid ever wins unless it's over the odds or the only bid. To have a good chance of winning you need to bid at the end - most users know that. Auctions that finish at the wrong time (like the middle of the night) usually achieve a lower price.

If everyone uses a sniper it effectively becomes a sealed bid process and in those circumstances you'd be pretty silly to reveal your bid before you need to as you're telling everyone else what they need to bid to beat you.

You're assuming that no one will increase their maximum bid if they realised that someone else has bid higher. Like I said it's the psychology of auctions - in the heat of the moment some bidders will go above their original limit to win the item. After you reveal your bid someone may outdid you by a very small increment just to beat you and it may be too late for you to react.

If everyone used a sniper final auction prices may be lower in the long run. And it's much more convenient to use a sniper anyway as it does all the work for you.