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Author Topic: Beating the Snipe Tool  (Read 3696 times)

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Davy R

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Re: Beating the Snipe Tool
« Reply #20 on: March 16, 2016, 11:03:07 AM »

Putting in an early bid is like showing everyone your hand in a poker game. The only way to get bargains is by sniping.

It isn't at all like showing everyone your hand, because nobody watching has any idea how high you have set your maximum bid. In such a specialised area of interest as ours, watched by lots of knowledgeable people on a regular basis, getting a bargain is highly unlikely as most bidders have an accurate idea about the true market value of what's on offer.

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Tone Dumb Greg

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Re: Beating the Snipe Tool
« Reply #21 on: March 16, 2016, 02:33:41 PM »

I'm starting to feel a bit sorry for the poor sellers, hoping to get a fair price for the prized possesion they have to sell to pay the rent.
« Last Edit: March 16, 2016, 06:12:55 PM by Tone Dumb Greg »
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Re: Beating the Snipe Tool
« Reply #22 on: March 16, 2016, 02:49:18 PM »

So how does one go about this sniping then?  ???

(Singed) A Recently Sniped One
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BJG

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Re: Beating the Snipe Tool
« Reply #23 on: March 16, 2016, 03:05:12 PM »

Putting in an early bid is like showing everyone your hand in a poker game. The only way to get bargains is by sniping.

It isn't at all like showing everyone your hand, because nobody watching has any idea how high you have set your maximum bid.

But they soon will, because other people will bid early too.

Say you bid £50, current price shows as £10. Then Bidder B comes along and thinks, I'd pay £60 for that, so they make some bids; £30, £40, £50, £55, voila.

Current price now shows as £55. The original bidder, or another new bidder, thinks, well, I'd pay £70 for that. And so it continues.

With a snipe, Bidder B might be willing to pay £60 max, but they might only bid £40, see they're the highest bidder, and leave it at that. Until someone else wins with a snipe for £45.

That's the theory anyway. Sniping keeps your intentions hidden and prevents early price hikes. As has been said, these bidding wars tend to encourage people to bid more than they originally intended, or more than the thing is actually worth.

To get started, Google auction snipers and take your pick...

http://www.techradar.com/news/internet/the-best-free-and-paid-ebay-sniper-software-667696
« Last Edit: March 16, 2016, 03:07:09 PM by BJG »
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Clive Williams

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Re: Beating the Snipe Tool
« Reply #24 on: March 16, 2016, 03:16:22 PM »

So how does one go about this sniping then?  ???

(Singed) A Recently Sniped One

Sign up with justsnipe.com ; used them for years with no problems.

squeezy

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Re: Beating the Snipe Tool
« Reply #25 on: March 16, 2016, 10:29:22 PM »

Another thing in favour of snipers is that if you bid early or fairly early, there are a significant proportion of eBay sellers who use other accounts to bid against you if they think there's a chance of getting the price up.  I've had it multiple times and it's very frustrating to lose an auction to a higher bidder only to see it re-listed at a higher starting price within a day.  That doesn't happen with a snipe.
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Winston Smith

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Re: Beating the Snipe Tool
« Reply #26 on: March 17, 2016, 12:40:11 AM »

We've just been sorting through a shedload of stuff which my wife has been buying on eBay whilst we were in Egypt, and had it delivered to our Number One Daughter. Bless her, she wins almost 90% of all the eBay auctions she bids in. She's a sniper herself, but nearly all the ones she's lost have been (we think) because our Internet connection has slowed down at the crucial moment.
It's great fun being "in at the kill", a pleasure which would be forfeited by using a third party sniper, IMHO.
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