 Posted: Fri Nov 12, 2010 2:32 am Post subject: |
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| Which is why it is often the sniper that bids earlier (by setting a larger offset) that wins the auction, not the one that bids last. | |
| Posted: Thu Nov 11, 2010 7:53 pm Post subject: |
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| TS,
Quite the opposite. Your bid is the last one, as you are the one sniping. Hence bid increment rule works against you. |
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| Posted: Thu Nov 11, 2010 6:30 pm Post subject: Confused |
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| I Gixened this:- 270658857811 at $15.57 as I wasn't that enthusiastic about it and I didn't think anyone else would be either.
The winning bid was $15.53. Now there was a link explaining bid increments as being why I lost it but it doesn't seem to make sense. Surely as my bid was $15.57 the winning bid should be $16.07. If he only bid $15.53 then I should have won. |
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