On 7/30/2012 2:19 PM, Mark Thorson wrote:
> Sqwertz wrote:
>>
>> I don't Ebay, but what's to keep people from bidding $1 higher just
>> seconds before the end of the bidding? Does each bid within the last
>> 5 minutes extend the deadline 3-5 minutes?
>
> If eBay were like a traditional auction, it would,
> but it doesn't. An auction ends precisely when it's
> scheduled to end. In this respect, I think eBay
> auctions favor buyers over sellers.
>

You might be right about that. The only strategy that makes any sense to
me is to bid once at the final seconds of the auction. The first thing
you have to do is know what is the highest amount you're willing to pay
and use that figure - do that and you won't face any disappointments.