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  #16  
Old 01-23-2005, 02:56 PM
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Quote:
Originally Posted by 300SDLTOM
Well I just got off the phone with my father, now he wants it. So I'm probably going to bid and hopefully if I don't get "Sniped", he'll drive up and get it in his truck.
Good luck! Remember, if someone "snipes" you, it means that he was willing to bid higher than you were, plain and simple. A sniper can't "steal" an auction from anyone who understands proxy bidding and acts accordingly, i.e., places his true maximum bid instead of "nibbling" at an auction.

Personally, if I can be there at the end of auction, I prefer to place my maximum bid within the last minute (maybe less, if the connection is reliable), and call it good. It doesn't help if one is bidding against someone who knows what he's doing, but it can make a difference when bidding against someone who doesn't.
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  #17  
Old 01-23-2005, 05:59 PM
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haha, undershot the price by a whopping $60....damn im good
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  #18  
Old 01-23-2005, 06:15 PM
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Quote:
Originally Posted by 85drtysthbenz
haha, undershot the price by a whopping $60....damn im good
Good call!

It's interesting to look at the bid history. The winning bidder threw in a couple of bids along the way, then showed up 4 minutes before the close and nibbled, nibbled, nibbled.
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  #19  
Old 01-23-2005, 06:21 PM
Jimmy Joe's Avatar
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Quote:
Originally Posted by eskimo
Good luck! Remember, if someone "snipes" you, it means that he was willing to bid higher than you were, plain and simple. A sniper can't "steal" an auction from anyone who understands proxy bidding and acts accordingly, i.e., places his true maximum bid instead of "nibbling" at an auction.
That is not quite right. Apparently Esnipe will beat even proxy bidding. It places the bid at that last moment, you decide how many seconds, and whatever bid is registering at that last second will win.
So you place a max bid. I set esnipe to a max too. When my bid counters yours, your auto proxy bid counters back. But not without a moment of time lag. My window to "steal" your auction.
If several folks have max bids set for esnipe, which is often the case lately, one gets lucky because the bid stops at a certain moment.
It is a whole new world out there on Ebay.
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  #20  
Old 01-23-2005, 08:19 PM
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617's are $285 for engine AND tranny with 30 day warrenty at the yards here, u-pull-it. See many often that look in good shape. One the other day had a new starter, new fuel return lines, a new alternator and NO built up oil sludge on the block- an obviously new replacement for the car. It was a w116 SD that was sandwiched in a wreck. Was going to pull it for my wagon but I'd have to change heads, and then also the valves... to much work for this family man.
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  #21  
Old 01-23-2005, 08:59 PM
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I wanted that engine
I even cleared out a spot for it in the never going to used engine section in my garage
Shame on you for telling everyone about it
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  #22  
Old 01-23-2005, 09:37 PM
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Quote:
Originally Posted by Jimmy Joe
That is not quite right. Apparently Esnipe will beat even proxy bidding. It places the bid at that last moment, you decide how many seconds, and whatever bid is registering at that last second will win.
So you place a max bid. I set esnipe to a max too. When my bid counters yours, your auto proxy bid counters back. But not without a moment of time lag. My window to "steal" your auction.
If several folks have max bids set for esnipe, which is often the case lately, one gets lucky because the bid stops at a certain moment.
It is a whole new world out there on Ebay.
For my own edification, would you please direct me to a reliable source where I can read more about this? I'm not looking for information on eSnipe in general (that's easily found), but I'm interested in the claim that getting a bid in at the last second will "beat" the proxy bidding system.

I didn't notice any such claims in the eSnipe FAQ. I did find this:

Quote:
What does eSnipe do?
eSnipe places bids on eBay just a few seconds before auction close. Instead of placing your bids directly with eBay, you place them through eSnipe. Our site stores the information you submit until a few seconds before the end of the auction you are interested in. At that point, Rovatron places a bid with eBay on your behalf. This final bidding process works exactly the same way as if you placed the bid manually, so all eBay bidding rules apply - including proxy bidding. The end result is your bids being placed with eBay at the last possible moment - this is called sniping, and eSnipe can do this better than any other website or utility.
(emphasis with red mine)

Quote:
What happens if two eSnipe users bid on the same item?
Remember that proxy bidding rules favor the highest bidder, which trumps bidding at whatever time, sniped or not. So what you're really asking is "what if multiple eSnipe users bid the exact same amount on the same item with the exact same buffer time"? (If it helps you, we've only observed this a couple times in the last million or so bids.)
(emphasis with red mine)

From their description, they're doing automatically what some snipers do manually - placing a bid close to the end of the auction. If the behavior you claim (that when the clock stops, the eBay system not only stops accepting new bids, but also stops honoring existing proxy bids) truly occurs, it seems that it would apply equally well to bids placed manually.

Again, I've seen the claim made, but have yet to be presented with any evidence. Please enlighten me!
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  #23  
Old 01-24-2005, 02:06 AM
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Well, I read what you read.
I am not speaking of the way it is formally described, it seems, but of first hand experience. I signed up for esnipe, the first two weeks, I think, are free. And since I was in that free-zone period, I was compelled to bid alot. More than I should have.
Anyhow, I won every bid, save one. Like 12 items. No kidding. Kind of a drag when I had to pay for it all. And I hear the same story from freinds who have tried it-excellent success ratio.
I watched a couple of the bids transpire; you could see some last minute flailing; but I won each time.
I have no way of knowing what the others high mark was.
It is hard to believe that I just managed to squeak a price in higher than the competition.
Clearly, the info you found says proxy bidding will win.
I watch those last minute bid wars, and when the clock strikes 12, it is over. There is no recount.
Esnipe is "outside" Ebay. Those bids take a moment to register. In that last possible moment, my bid was entered. That moment is when I won.

So to make a long story short; when using the word "apparently" I was offering opinion based on results rather than documented info.
I don't care what they claim, really, as long as I win what I want.
Good Luck!
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  #24  
Old 01-24-2005, 10:20 AM
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The sort of scenario that would convince me that things are as you suggested in your first post:

1) Bidder A places a bid which puts him in the "high bidder" position at less than his maximum bid

2) Bidder B places a bid late in the auction, and for less than Bidder A's maximum bid

3) Bidder B wins the auction, and at a closing price that is lower then Bidder A's maximum bid.

I have never seen evidence of this. If you can ever find a place where such is reliably documented, then please let me know. If this were truly the case, it would seem to be a terribly important issue to eBay; any bug that keeps the closing price artificially low would be worth fixing.

Also, please consider that every bid is part of the proxy bidding system, including your "snipe bid". When your bid is placed, the system does not simply set the current high bid to the amount you bid. It has to compare your maximum bid to the maximum bid already placed by the current high bidder, see which one is higher, and then set the new high bid to the lower of the two plus the minimum bid increment (or to the maximum bid, if it's not high enough to cover the minimum bid increment).

I know it may be "hard to believe" that someone bid very close to your max bid amount, but it happens. I remember the feeling that something funny was going on once when I won an auction for exactly my maximum bid, and I had bid an oddball amount (like $73.77, for example). Looking at the bid history, it turned out that the next highest bid was less than mine by less than the minimum bid increment, and the proxy system had simply bid me up to my max. Seemed like voodoo, but it wasn't, just close bidding.

I also saw an auction a while ago (was watching it to decide how to price something similar that I was planning on selling) in which two bidders bid exactly the same amount ($800) just before close. Great news for the seller, as the next higest bid before that had been several hundred dollars less. Tough news for the guy who bid just a smidge later, as the earlier bid wins if they're exactly the same. Should have used that $0.77...

Last edited by Eskimo; 01-24-2005 at 11:42 AM.
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  #25  
Old 01-28-2005, 05:50 PM
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Proxy bidding in action.

Since there has been some discussion here recently about proxy bidding and sniping, here's the bid history from a recently closed auction:

arbor53 (1965)___US $152.50___Jan-28-05 13:19:30 PST
rick-rac (85)_____US $150.00____Jan-28-05 13:19:37 PST
cutter923 (138)___US $38.50___Jan-28-05 13:19:33 PST
absqdbuyer (237)__US $21.00___Jan-28-05 13:10:10 PST
rick-rac (85)_____US $13.77____Jan-28-05 13:18:12 PST
hemitragus (411)___US $12.77___Jan-27-05 14:20:50 PST



The auction ended at 13:19:38 PST

All of the real action took place in the last 8 seconds, starting with the winning bidder entering his maximum bid. Two later bids came in, one of them 5 seconds before the end, the other only one second before the end.

Bidding late is good (for a number of reasons), but bidding highest is even more important.
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  #26  
Old 01-28-2005, 06:44 PM
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I'm still trying to figure out why anyone would ever bid before the last minute on anything-all you do is drive up the price-if everyone waited until the last instant they'd get a whole lot better deal.
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  #27  
Old 01-28-2005, 09:14 PM
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Precisely.
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