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Saturday, April 30th, 2005

ebay sniping HOWTO

Following is an illustration of the only way to win an Ebay auction any more: wait until the absolute last second, and bid 29¢ more than than the next guy.

This auction closed at 12:16:50, one second after my bid was received. I nearly missed the window because I decided 3 seconds before close to revise my bid. I wasted 25¢, as it turns out.

Bidding in the last moment of an auction is called “sniping” and it is annoying as hell, unless you happen to be the winner. I’ve lost numerous auctions by $1.00 or less, in the last 10 seconds of action. And I’ve won numerous auctions the same way. In fact, most everything I’ve bought on Ebay in the past year — or failed to buy — has come down to a last-moment bidding war. I’ve saved a bit of money this way, and, probably, shaved 18 months off my life due to sniping-induced stress.

posted to channel: Web
updated: 2005-10-04 06:07:03

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