Does e-Bay not let you place "reserve bids" - or whatever the term is where you can set what you "high bid" will be, but you start off at the current "winning low". But if someone outbids you, then it goes up incrementally until your threshold is reached?
Just wondrin'?
Here's the deal:
If you bid ON eBay...there are some folks who will bid and bid and bid UNTIL "they" have the highest bid and run the price well above its value. This they will do many days before the auction ends.
However, if you place a bid with esnipe, and it doesn't get recorded until 6 seconds before closing of the auction, you stand a very good chance of winning it because the "high bidder" feels secure that he won't be outbid and, therefore, won't have an outstanding "reserve bid" to compensate.
If my highest bid on a much-wanted item would be $1,000, I'd consider myself a fool for bidding that amount at eBay. Someone who also wants it will keep bidding the price up until HE has the high bid. If he doesn't know I'm there, he may only bid half that much and think he's got it in the bag.
Does that help explain why I'd rather use a sniping service?
