Bid Timings

[mpdennett]

I have just been outbid on 303303022336 by 9 seconds. I have both settings at 2 seconds. How is this possible and should I change the two Timings?.

[Rickajho]

Did you place the bid or modify anything about your bid here on gixen in the last two minutes before the auction ended? That doesn't give gixen enough time to do what it needs to do to place a bid or modify a bid. That's why the 2 minute warning is there whenever you are on the bidding page on your account.

Rick

[mpdennett]

No. It was more than two minutes.

[Cupid]

I suspect there is some confusion here.

It isn't the last accepted bid that wins on Ebay it is the highest accepted bid that wins.

There was a bid of $60 placed with one second to go, it didn't win because someone else placed a higher bid than that (at least $61) nine seconds earlier. That is completely normal operation with the losing bidder getting an OUTBID status on Gixen.

The amount of your bid is always more significant than the timing; once someone has decided to place a bid that is at least one bid increment more than yours the only way to win that auction is to have decided yourself to bid more. Sniping only helps to win against other buyers that might reconsider what they are prepared to bid AFTER your bid has been placed.

I don't recommend such low offsets higher offsets are more than sufficient to counter other bidders actually changing their mind and placing another higher bid, which is the only scenario where sniping helps. That is my view, not because your bid is more likely to be late, but because you loose the advantage of the bid increment rule.
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Mark

[Gixen]

[mpdennett]

Thank you. I’m new to this what timings do you suggest?.

[Cupid]

Personally, I recommend offsets slightly higher than the default of 6 seconds for items that attract many snipers in order to gain the advantage of getting in before the other snipers and gain the advantage of the bid increment rule.

That is certainly not everyone's view, and that is both why it remains an option for you to choose the offsets for every snipe you set up and also why it has been, and continues to be, discussed so many times on this forum. The best way to find some of those discussions is to use the search facility here and perhaps search for something like 'offset'.
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Mark

[mpdennett]

Changed the offset settings to 8 seconds each and won with a fiver to spare. Thanks.