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Some rookie questions

 
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Macy
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PostPosted: Wed Jan 04, 2012 11:30 am    Post subject: Some rookie questions Reply with quote

Hello, I'm a new user on eBay and Gixen, and I just had a question that is probably really dumb but I just wanted to make sure! Smile

When I add a new snipe, should my bid be what I am willing to pay as a MAXIMUM or just a regular bid close to the price?

Also, when I bid on ebay and I get outbid inmediately is that sill-bidding?

Thank you so much for your time!
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mario
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Joined: 03 Oct 2006
Posts: 7267

PostPosted: Wed Jan 04, 2012 11:38 am    Post subject: Reply with quote

Maximum.

No, that's not shill bidding. Shill bidding is when seller props up the price with another, fake account.
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macy
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PostPosted: Wed Jan 04, 2012 11:50 am    Post subject: Reply with quote

And if I win the auction, what will I be charged? The amount I wrote as my maximun?
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mario
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Joined: 03 Oct 2006
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PostPosted: Wed Jan 04, 2012 11:58 am    Post subject: Reply with quote

No, not necessarily, it's the same as when you bid manually with ebay - you submit your maximum bid, and then ebay proxy sorts it out.
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PostPosted: Wed Jan 04, 2012 11:58 am    Post subject:

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macy
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PostPosted: Wed Jan 04, 2012 12:00 pm    Post subject: Reply with quote

Thank you so much! That solves all my (probably really dumb) questions (:
thanks for having such a great website
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Sumflow
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PostPosted: Fri Jan 06, 2012 2:21 am    Post subject: Winning Reply with quote

It's like when dice in your car on the street. You do not go as fast as your car can go. You win by just keeping ahead of the first loser at the finish. You bid your maximum amount, but you only have to pay a little more than the next highest bidder, which can be a lot less than your maximum. If you want to win forget about bidding a little more than its worth. Bid a whole lot more. And you will probably win at the minimum increment above its actual value. Good luck!
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Cupid



Joined: 09 Aug 2007
Posts: 7970
Location: Bristol, UK

PostPosted: Fri Jan 06, 2012 4:04 am    Post subject: Re: Winning Reply with quote

Sumflow wrote:
If you want to win forget about bidding a little more than its worth. Bid a whole lot more. And you will probably win at the minimum increment above its actual value. Good luck!


That is fine until you get two bidders doing it at the same time (I've seen it happen), then one of them has to pay considerably more than it is worth... if you willing to accept that risk, not a problem, but otherwise a strategy to be considered with care.
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