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| Vintage Lures At the request of many members, a new S-B forum for the discussion of Vintage Lures |
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11-24-2006, 12:29 PM
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#1
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Retired Surfer
Join Date: Dec 2000
Location: Sunset Grill
Posts: 9,511
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So sniping is
just bidding in at the last moment without bidding at any other time? Yes/No.
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Swimmer a.k.a. YO YO MA
Serial Mailbox Killer/Seal Fisherman
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11-24-2006, 12:48 PM
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#2
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Registered User
Join Date: Sep 2001
Posts: 7,649
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Sniping is bidding in the last seconds and not giving the others enough time to rebid.
There is a minor advantage if you had bid early in the auction. Should there be a tie, the person who bid first would be the winner.
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11-24-2006, 12:50 PM
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#3
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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I snipe! Its the way to go...otherwise you lose out!  |
Almost time to get our fish on!!! 
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11-24-2006, 12:59 PM
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#4
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Hydro Orientated Lures
Join Date: Oct 2002
Location: Brockton,Ma
Posts: 8,484
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Snipe last moment... bidding before just drives prices up and up .. I swear sometimes its a personal ego thing .. win at all cost .. I'll be in my tree stand ,,,sniping
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Belcher Goonfoock (retired)
(dob 4-21-07)
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11-24-2006, 12:59 PM
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#5
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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See you there Ed!  |
Almost time to get our fish on!!!
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11-24-2006, 03:48 PM
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#6
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Registered User
Join Date: Sep 2001
Posts: 7,649
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Originally they use to keep auctions open until the action stopped after the last auction for something like 15 min. This would allow others to always get their bid in. As a seller I liked it. You always got a great price, now it stops at a specific time no matter what. As a buyer I didn't care. Then then instituded this close at a specific time deal which has driven everyone to sniping at the last seconds. It does not get the best price for the seller as the most people hold back to the last minute and when the time is up there seems to always be someone who is willing to bid more.
Frankly IMO auctions are suppose to stay open until no one bids anymore, not until a given time.
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