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Old 04-19-2010, 06:23 AM   #6
demick
Registered User
 
Join Date: Jan 2009
Location: Pleasanton, CA
Posts: 114
It's not difficult. Be the highest bidder, and you win. If someone else is willing to pay more - it really doesn't matter if they bid early, or at the last minute - they still win.

The reason people like to bid last minute is because people DON'T enter the maximum they are willing to pay for an item. If you are willing to pay $100, they why are you entering an initial bid of $25, and waiting to get outbid before upping it to $35, etc.?

Also keep in mind, that if an auction has more than one bidder, the winning bid will ALWAYS be for a minimal amount over the 2nd place bid. An example: your 2nd place bid was for $30, and someone else wins the auction for $30.50, so naturally you are frustrated, because you would have happily paid 50 cents more for the item. But what you don't know is what the maximum bid the other person entered is. Perhaps it was $40 or $45? So they would have won anyway even if you had bid slightly more than your max of $30.

Once again, it's simple. Figure out the maximum you are willing to pay, and bid that amount. If you win, great! If not, someone else was willing to pay more.
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Demick
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