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Gixen error?

 
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Kenn159
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PostPosted: Mon Mar 14, 2011 5:02 pm    Post subject: Gixen error? Reply with quote

Hi All
Just want to say "great program'.. i have used Gixen quite a few times over the last couple years or so, and have been very happy with it.
Although something happened today that confused me a bit..I put in a ebay bid with Gixen for $106.00 during the last few minutes of the auction..I lost the winning bid, and Gixen says I was outbid... the winning bid amount was $105.50.
I'm wondering if Gixen had a error glitch, or did i put in the bid to late?
Thanks, Ken
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mario
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PostPosted: Mon Mar 14, 2011 5:14 pm    Post subject: Reply with quote

Ken, what is the item number?
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PostPosted: Mon Mar 14, 2011 5:27 pm    Post subject: Reply with quote

Hi
the item number is
330539617301
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mario
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Posts: 7241

PostPosted: Mon Mar 14, 2011 5:35 pm    Post subject: Reply with quote

Ken, the status is "bid under asking price", not "outbid". It's not enough that your bid is higher, it has to be higher for a certain increment. Google for "ebay bid increments" and you will understand.
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PostPosted: Mon Mar 14, 2011 5:35 pm    Post subject:

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PostPosted: Mon Mar 14, 2011 7:52 pm    Post subject: Reply with quote

Ok, so the highest bidder doesn't always win?

In reading ebay bidding increment's, it states that items priced between $ 100.00 - $ 249.99 have bidding increments of $ 2.50.

So if I'm understanding this correctly, although my bid price of $106.00 was higher than the winning bidder's price of $105.50, I would have had to bid $108.00 for ebay to recognize mine as a higher bid?

And if i would have gotten my bid in first, ebay would have recognized mine and not his, because there was less that $2.50 separating the two bids?
Is this correct?
Thanks, Ken
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Cupid



Joined: 09 Aug 2007
Posts: 7928
Location: Bristol, UK

PostPosted: Tue Mar 15, 2011 3:05 am    Post subject: Reply with quote

Anonymous wrote:
Ok, so the highest bidder doesn't always win?

In reading ebay bidding increment's, it states that items priced between $ 100.00 - $ 249.99 have bidding increments of $ 2.50.

So if I'm understanding this correctly, although my bid price of $106.00 was higher than the winning bidder's price of $105.50, I would have had to bid $108.00 for ebay to recognize mine as a higher bid?

And if i would have gotten my bid in first, ebay would have recognized mine and not his, because there was less that $2.50 separating the two bids?
Is this correct?
Thanks, Ken


Ken,

You have the right idea if not quite the correct wording.

The highest ACCEPTED bid wins on eBay.

You would need to have scheduled a snipe of at least $108 for eBay to accept the bid when Gixen came to place it at 6 seconds before the auction ended. Yours was rejected because it was less than one bid increment above the auction price at that time.

Looking at the bidding on this auction the price rose to $105.5 at 15-Mar-11 00:23:16 GMT (6 seconds before the auction ended), before that it was US $102.51 since 15-Mar-11 00:23:13 GMT (9 seconds before the auction ended), so if your bid had been scheduled to be placed before it rose above $203.50 (6 seconds before the auction ended requiring an offset of more than 6 on Gixen) then eBay would have accepted your bid and you may have won with it. The end price would certainly have been higher than it was, however you do not know what the high bidders snipe bid actually was, it may have been even higher than your $106 and still won.

Yours is an excellent example of why it is an advantage to schedule a higher offset and NOT a lower one.
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PostPosted: Sat Mar 19, 2011 2:17 pm    Post subject: Reply with quote

Quote
Yours is an excellent example of why it is an advantage to schedule a higher offset and NOT a lower one.
End quote


Thanks for the info.
By offset you mean, increase the time to greater than 6 seconds before the end of the auction?

I wonder if it would be technically possible within Gixen, to set up 2 different snipes, with 2 different end times..... say, 6 seconds before, and 12 seconds before end of auction.
Snipe amounts could be the same, or more than likely would need to be slightly different, with the last being slightly higher.

Do you any benefit of this approach?
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PostPosted: Sat Mar 19, 2011 2:18 pm    Post subject: Reply with quote

[quote="Anonymous"]Quote
Yours is an excellent example of why it is an advantage to schedule a higher offset and NOT a lower one.
End quote


Thanks for the info.
By offset you mean, increase the time to greater than 6 seconds before the end of the auction?

I wonder if it would be technically possible within Gixen, to set up 2 different snipes, with 2 different end times..... say, 6 seconds before, and 12 seconds before end of auction.
Snipe amounts could be the same, or more than likely would need to be slightly different, with the last being slightly higher.

Do you see any benefit of this approach?
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Cupid



Joined: 09 Aug 2007
Posts: 7928
Location: Bristol, UK

PostPosted: Sun Mar 20, 2011 3:05 am    Post subject: Reply with quote

Anonymous wrote:

Thanks for the info.
By offset you mean, increase the time to greater than 6 seconds before the end of the auction?


Yes, that's right.

Anonymous wrote:

I wonder if it would be technically possible within Gixen, to set up 2 different snipes, with 2 different end times..... say, 6 seconds before, and 12 seconds before end of auction.
Snipe amounts could be the same, or more than likely would need to be slightly different, with the last being slightly higher.

Do you see any benefit of this approach?


eBay does not allow a bidder to place two bids for the same amount at different times, so you suggestion would require the second amount to be higher than the first.

No, I xan not see any advantage, actually I don't see any point at all, the best strategy in my opinion is to place a bid that represents the maximum amount that you are prepared to pay early enough to be before other automatic snipers and late enough as to not allow manual snipers to react to your bid.
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