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Re: [OM] Wish to entry large format field

Subject: Re: [OM] Wish to entry large format field
From: Paul Braun <cygnus@xxxxxxxxxxxxx>
Date: Mon, 07 Dec 2009 08:40:54 -0600
Michael Wong wrote:
> Chuck,
> Why? What benefit will you get to bid on eBay by using esnipe?
> 

It's psychology.  It's a game of poker - never show your hand too early.

If you put your max bid into the proxy system, you give the guys bidding 
against you time to bid, get outbid, and then think about whether or not 
they're just going to keep outbidding you just to irritate you.

By not putting your max bid in until 10 seconds to go, the other bidders 
don't have time to re-think their max bid.

Ultimately, they may be doing the same thing, and they may have a higher 
max bid right off the top.  In that case, you lose simply because 
someone else outplayed you and was willing to spend more.

It still boils down to who is willing to pay more, but by not bidding 
until the end you eliminate a variable.  I use esnipe all the time.

-- 



Paul Braun
Valparaiso, IN

"It's such a fine line between stupid, and clever." - David St. Hubbins

"Enjoy every sandwich." - Warren Zevon

"The Fountain of Youth is a state of mind." - The Ides of March

"Music washes from the soul the dust of everyday life" - Harlan Howard
-- 
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