Page 1 of 1

Why is it good at all to place bids late?

Posted: 30.10.2007 17:12
by Friederike
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.