Sniping Programs?
MrSpud
Posts: 4,499 ✭✭✭
I've heard that some people use sniping programs for auctions. How exactly do they work? Thanks, in advance, for any replies.
MrSpud
MrSpud
0
Comments
Loan Shark
I personally don't see a problem with these services. If you bid what you believe the item is worth, you'll either win or lose. If you win, it means you were willing to bid more. If you lose, someone else wanted it more and was willing to pay more. If you utilize the robobid feature and bid the most you are willing to pay, what does it matter if you are outbid an hour before the close or 5 secs before?
To me, someone complaining about being "ripped off" by a sniper is really just complaining that he lost the opportunity to get an item for less than he believed it was really worth.
Just my humble opinion...
Gary
I can just see him... sitting at the computer... mouse in hand...
beads of sweat around his eye brows......
watching the seconds tick... then POW!!!!
SNIPOLA!!!!!
RUSSEL STRIKES AGAIN!
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
jom
Maybe not, but it's sure fun.
Russ, NCNE
I don't trust strangers much.
www.auctionsniper.com
Costs 1% of the hammer price with a $.25 minimum and $5 maximum per winning bid.
David
I don't use it very much. Mostly when there is something that ends during a weekday since they have eBay blocked at work
When I signed up they had a free trial if you wanted to give it a try.
Ron
That has been my experience as well. Which is why I usually wait till the last minute to bid.
Loan Shark
<< <i>Last second bids are irrelevant as far as winning vs. losing. If you bid your maximum it doesn't matter whether you bid at the last second or the last hour. What a last second bid DOES do is keep people from running your bid up to your maximum before the auction is over. It does NOT help you win the auction. The ONLY thing that "helps" you win is bidding higher than you competition.
jom >>
While this is certainly true, it doesn't take one psychological aspect into account. All too frequently, there is somebody out there who does not understand about proxy bidding, and he just keeps bidding up, up, up, by tiny increments, each and every time he is outbid. Programs like esnipe (or putting in a manual snipe the old-fashioned way) help prevent bidding wars by closing in for the kill in the last few seconds, before that overzealous jackrabbit bidder has a chance to react. You won't even be on his radar, since your bid will not show at all until it's over.
Of course, as jom mentioned, you STILL have to be the highest bidder. If somebody else has entered a higher proxy bid, no amount of sniping software or anything is gonna help you. However, I have found esnipe to be useful at times. I started using it when I was finishing up my old Irish coin collection, and trying to fill some of the last holes that were tough to come by, though not necessarily expensive coins (in other words, coins with only a moderate book value but dates that didn't appear on the market too often). All too often, I would get sniped or outbid by somebody who was willing to go waaaaay over book price for the coins. After using esnipe a few times, I was a little more successful.
In summary, as others have said, sniping software might not always help you win, but it CAN save you money by protecting you from bidding wars.
If hand sniping, it helps to have two browser windows open - one for watching, and the other for "the snipe" ....... and yes, it's true - your bid still has to be the highest - and sniping does often keep the price down - ie. bidding wars. I would prefer a snipe to a bidding war any day of week - much easier on the wallet. One sure thing for hand snipers, is to be SURE to sync your computer clock with eBay time - that's a must! Ahhhhhhhh, yes the thrill of a good old fashioned hand snipe beats all!
Free, easy to use, clean interface.
I have won about 6 auctions with this and bid on about 10 total without problems.
-Tony
Looking for PCGS AU58 Washington's, 32-63.
<< <i>phantombidder.com works pretty well for me. >>
Seconded. I've been using PhantomBidder for years now, with great success. I only snipe now -- if you see me bidding early, I'm either BIN-stomping or not really interested.
"Exactly."
The key to sniping is to decide in advance the maximum amount you are willing to pay for an item. Then place your esnipe bid and forget about it until the auction ends. I win some and I lose some, but I never get upset at the outcome.
All in all, I figure I have saved thousands by using sniping software. No active bidding against me and no obvious shills.
The only disadvantage I have found is that sometimes an auction is ended early due to no bids - but this is easily solved by placing a minimum bid early in the auction and then placing a snipe bid.
Cameonut
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
that you REALLY need to have expires during that time?
Have you ever had to make a choice between family "quality" time and a HOT auction ending?
Or, been stuck in a traffic jam when something you need is ending?
Sometimes, sniping programs come in very handy!
Gandyjai
<< <i>Never used sniping software, never will. It takes the fun out of the auctions. >>
Generally, I agree. But I occasionally use auctionsniper.com if I'm going to be out of the shop when an auction closes. Also, I sometimes set up an automatic snipe so I can manually snipe against myself.
Russ, NCNE
<< <i>While this is certainly true, it doesn't take one psychological aspect into account. All too frequently, there is somebody out there who does not understand about proxy bidding, and he just keeps bidding up, up, up, by tiny increments, each and every time he is outbid. Programs like esnipe (or putting in a manual snipe the old-fashioned way) help prevent bidding wars by closing in for the kill in the last few seconds.... >>
Actually, that is exactly what I said.
Russ is right too. It can be exciting.
And, yes, I do use Esnipe. Usually because I'll forget and miss the end of the auction or I'm not home or something.
jom
Morgan Dollar Aficionado & Vammer
Current Set: Morgan Hit List 40 VAM Set