Originally Posted by
dbakl
Anyway, I decide what I want to pay in the last minute. If at the last minute an item is at say, $140. and I know its worth 350., with 45 seconds to go I'll bid 365. Everyone else is bidding 150., 165., 200., 225. and they're all chasing my bid. Sure, they bid it up, but I end up winning at 325. or so, within my "worth" price.
With that method you're usually paying more, and often much more than if you just snipe within the last few seconds. There are certain types of bidders that get caught up in the competitiveness of the auction and will try to win no matter the costs, bumping the bids until he's the high bidder again. Great for sellers but not for you as a buyer.
As others have mentioned use a sniper service to bypass that type of bidder. Let him think he's the high bidder until it's too late for him to try to top your last second bid. Side benefits are you can be doing other things instead of parking on the auction, and if you happen to forget to watch an auction your bid will be submitted anyway. It also helps keep
you from getting caught up in the excitement and overbidding. Also helpful for those with slow or unreliable ISPs.
I've used
eSnipe.com for years. They've been flawless in getting my bid in with 4 seconds left every time, win or lose (unless already outbid).