Why is it good at all to place bids late?

Anything about Schnapper programs and bidding on eBay.
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Friederike
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Joined: 09.10.2007 15:03

Why is it good at all to place bids late?

Post by Friederike » 30.10.2007 17:12

The basic advantage is that nobody but yourself knows your maximum biduntil the end of the auction. Placing your bid early may encourage other bidders to bid more than originally intended. This can't happen if you place your bid shortly before end.
Also, placing your bid late keeps yourself from bidding more than you actually wanted to.

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