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Just Missed Out with 1 Sec to Spare
Options
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on 27-10-2014 02:00 PM
I have just missed out on buying a very important book. I was the highest bidder for some time, with a generous maximum bid posted. At 1 sec left, someone came in over the top of me and won the book by $2.50 over my maximum bid. However, there was no record of this bidder having an early bid, only their final bid. Is this sniping? Why does ebay allow valid long term customers, who play by the rules to be cheated by this practice? Thanks for the advice. OAB.
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27-10-2014
02:09 PM
Yes, that is sniping and it is perfectly legal. Many ebayers use the practice.
I am a long term, high volume buyer and I always snipe, particularly if it is a rare and expensive item. There is no point in signalling your interest ahead of time as it gives your competition time to keep inflating the price.
The reason the other bidder won by $2.50 is because that would be the bid increment on items over $100...you have no way of knowing what his highest bid was. You were not cheated....someone was prepared to pay more for the item than you were.
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