This happens rarely, but nevertheless, it happens. And yes, it can happen that your bid is submitted (too) late, or not submitted at all due to technical or other problems. How close are your snipes to the end of the auction?ĥ seconds or less. Sniping avoids all this - it is RATIONAL to use sniping whenever possible. And finally, emotions spike during auctions, and bids can go unreasonably high. Further, people start to appreciate goods more when they notice someone else is also interested in them. What's the point of sniping then?Įven though it is not rational, human nature is such that people often give as their maximum bid the amount with which they would like to win, NOT the maximum amount they are willing to pay. Gixen is a service that conducts automatic bidding for you.īut eBay is using proxy bidding, and all I have to do is to submit my maximum bid to eBay. This way other bidders have no time to raise their maximum bid. Sniping is submitting your bid to eBay just a few seconds before an auction ends.
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