reduced time frame for bidding

[JOJO]

Good afternoon,

I have been using GIXEN for several months now and I’m very happy with the results.

However yesterday I have been outsniped, as a bid came :
- 1s after mine,
- with a higher price.
- from a new bidder (who had not yet bid on the targeted book in the previous days).

I’m not very familiar with EBAY and GIXEN, but my feeling, due to the indicated time, is that he has overbided just after me.

Is it possible to reduce the time fame between a bid through GIXEN and the EBAY dead line ?

item ID warning 141741257967

[Cupid]

A snipe/bid that someone else set at a higher price than yours would have won whenever it was placed... so, in this case, the only way you could have won was with a higher bid... wasn't it?.. The timing was not significant and the other bid was not a reaction to yours, if, as you say, it was placed only one second later.

Having said that you can choose from offsets varying from two to fifteen seconds before the auction end... if you have a Mirror subscription for your account... it costs $6 per year.

After the added reliability given by using a Mirrored account I find the ability to set that offset to a larger number (not a lower one) one of he most useful features of a Mirror account... that is what works better for me since it still wins when the bid increment rule would have prevented my bid even being registered on Ebay at a time closer to the end of the auction.
_________________
Mark

[cammylind1]

Mark said
"After the added reliability given by using a Mirrored account I find the ability to set that offset to a larger number (not a lower one) one of he most useful features of a Mirror account... that is what works better for me since it still wins when the bid increment rule would have prevented my bid even being registered on Ebay at a time closer to the end of the auction."
I DONT UNDERSTAND THE OFFSET/BID INCREMENT RULE ISSUE. CAN YOU EXPLAIN WHY A LARGER NUMBER IS BETTER AND WHAT THE OPTIMAL SETTING IS? THANKS

[Cupid]

The auction price rises as more bids are placed... when there are other snipers on an auction the price can rise rapidly in the last few seconds of an auction.

Ebay only allows bids that are at least one bid increment above the current auction price, otherwise they are rejected, whether or not they are higher than the current highest bid.

So, when the auction price is already 100 USD a bid of 100.02 USD is rejected... suppose my bid is that 100.02 USD and someone else has a snipe scheduled with a six second offset... then, if I schedule my bid later than six seconds and the price has already reached their highest bid of 100 USD, at that later time my bid will be rejected and the 100 USD one will win... If however my bid is already placed before theirs is due to be placed then it may work the other way round and my bid of 100.02 wins (perhaps at a lower actual cost than the amount of the bid) while the later bid is more likely to be rejected by Ebay.

That is why I always schedule my snipes with a higher offset, to be the first of the last.

There is no optimal setting though, different offsets work best in different scenarios, and that is why the setting is an option for each snipe you schedule... you don't know for sure what scenario you are working with until after the auction has completed and maybe not even then if Ebay rejects some bids, those are never registered in the bid history... I know that, most often, other snipers are interested in the same things as I am, so I find a higher offset works best for me, for the reason I have laid out above.
_________________
Mark

[Gixen]