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Isn't 6 second of offset too much?

 
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hjpinheiro
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PostPosted: Mon Feb 13, 2023 5:18 am    Post subject: Isn't 6 second of offset too much? Reply with quote

Hey

Just wondering if the 6 second default of offset isn't too much time before the end of the auction.
Anyone has had luck with 2 seconds or 4 seconds offset? Is the bid actually placed in ebay using so few seconds?
Tell me your experience please.


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Cupid



Joined: 09 Aug 2007
Posts: 7300
Location: Bristol, UK

PostPosted: Mon Feb 13, 2023 5:39 am    Post subject: Reply with quote

With a Mirror subscription I use a default offset of 8 seconds, because that provides better outcomes for me, due to not getting caught by the bid increment rule so often.

Anything under about 20 seconds doesn't provide enough tome for another bidder to see your bid, decide that they do actually want to pay more than they have already scheduled to bid, and then place that higher bid.

Of course, that doesn't mean you can't win with later bids, you just have to decide that you want to place that bid at least a few minutes before the end of an auction.
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Last edited by Cupid on Mon Feb 13, 2023 8:25 am; edited 1 time in total
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hjpinheiro
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PostPosted: Mon Feb 13, 2023 6:44 am    Post subject: Reply with quote

Cupid wrote:
With a Mirror subscription I use a default offset of 8 seconds, because that provides better outcomes for me, due to not getting caught by the bid increment rule so often.

Anything under about 20 seconds doesn't provide enough tome for another bidder to see your bid, decide that they do actually want to pay more than they have already scheduled to bid, and then place that higher bid.

Of course, that doesn't mean you can't win with later bids, you just have to decide that you want to place that bid at least a few minutes before the end of an auction.


Sorry, I am not understanding... The less seconds the offset is (for example 2,3,4 seconds of offset), the later the bid will be submitted in eBay, right?

So, we want the bid to be submitted as late as possible, close to 0 seconds before the auction ends.
That was my question, if an offset of 2,3 seconds is enough for the bid to go through the server and be submitted on eBay.

(sorry for my bad english)
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Cupid



Joined: 09 Aug 2007
Posts: 7300
Location: Bristol, UK

PostPosted: Mon Feb 13, 2023 8:20 am    Post subject: Reply with quote

I don't want my bid rejected because it is less than one bid increment more than the auction price, so I want my bid to go in before other snipers get a chance to raise the price to that level.

Since I bid on auctions that are likely to have other snipers placing bids, I find that I win more often with a higher offset than them because of this Ebay rule.

Scheduling snipes with two or three second offsets is reliable, I just find I win less auctions if I use those offsets since my bids get rejected more often, even though I was prepared to pay a bit more than the end price.
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PostPosted: Mon Feb 13, 2023 8:20 am    Post subject:

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