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Computer bidding on the Baaa?

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   Forums Archive -> The Vault: 2006Message format
 
Old Man Arthur
Posted 2006-12-11 9:43 PM (#227066)
Subject: Computer bidding on the Baaa?



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR
A little advice on shopping would be appreciated. I was trying for a cheap USO. How can these guy run-over my max bid, then run it up $72 and a weird amount of change. This was faster that any human typing 60 wpm! I came home, checked the Baaa, I was $1 down. I went to 200, and was winning until 30 seconds.
Advice?

http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=150067483500&s...

(This is the bid history. It will take you back if anyone wants to see what I was trying for)
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Jeff W.
Posted 2006-12-11 9:51 PM (#227067 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
November 2003
Posts: 11039

Location: Earth·SolarSystem·LocalInterstellarCloud·Local Bub
classic snipe
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stonebobbo
Posted 2006-12-11 9:58 PM (#227068 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
August 2002
Posts: 8307

Location: Tennessee
Yup. 5 seconds left.

BTW, I have that identical guitar ... I bought it in 1983 and have had it ever since. It's now a slide guitar as the urelite neck bowed over time. Still, it was a fine guitar and there are a lot of memories in those worn frets, fretboard scallops, dings, dents, and scuffs.
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Old Man Arthur
Posted 2006-12-11 10:08 PM (#227069 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR
What Human bids $272.67?!!
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cruster
Posted 2006-12-11 10:10 PM (#227070 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
May 2004
Posts: 2850

Location: Midland, MI
I place bizarre bids all the time. Sometimes ending in 7, sometimes in 3. It's a psychological gambit...most people are going to bid up to a round amount or something ending in 5 or, more frequently, 9. Sometimes I bid weird amounts just to make the numbers look more interesting when other people bid.

Weird, I know. But...
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Joyful Noise
Posted 2006-12-11 10:12 PM (#227071 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
March 2004
Posts: 629

Location: Houston, Texas
Someone thinking that someone elses top bid is likely to be $272.66. No one wants to lose because of an extra couple of pennies. You see this alot, maybe it's a little irrational.
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MWoody
Posted 2006-12-11 10:14 PM (#227072 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
December 2003
Posts: 13987

Location: Upper Left USA
I routinely bid $.01 over. Other favorite bottom feeding bids are $7.77 and $12.34.

I believe I have won some auctions because the other Bidder gave up on the even dollar.
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cruster
Posted 2006-12-11 10:17 PM (#227073 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
May 2004
Posts: 2850

Location: Midland, MI
Originally posted by Joyful Noise:
Someone thinking that someone elses top bid is likely to be $272.66. No one wants to lose because of an extra couple of pennies. You see this alot, maybe it's a little irrational.
Are you calling me irrational?

;)
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Jason_S
Posted 2006-12-11 10:19 PM (#227074 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
August 2006
Posts: 2804

Location: ranson,wva
i allways bid with odd numbers of change..shit thats way out there..i won something on one of my other usernames that went off at $77.77, another was $89.89...sometimes it is a plus to be a total whack00 lol..jason
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Joyful Noise
Posted 2006-12-11 10:28 PM (#227075 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
March 2004
Posts: 629

Location: Houston, Texas
Originally posted by cruster:
Are you calling me irrational?

;)
No more so than me, I do it all the time.
:D
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CrimsonLake
Posted 2006-12-11 11:03 PM (#227076 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
August 2006
Posts: 3145

Location: Marlton, NJ
I won the bidding on my house that way... beat the other guy by less than $100. Lesson learned from fantasy baseball way back when before ebay.
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Hillwalker
Posted 2006-12-12 4:45 AM (#227077 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
September 2006
Posts: 143

Location: Shotley Bridge, Northern England
I suspect by the timing of the bids that this bidder may also have been using sniping software or a sniping server. I use this all the time; avoids waiting up until weird times (especially on this side of the Atlantic), and also frees you up from any temptation to bid competatively :eek: as the auction winds down . My setup bids automatically with 5 seconds to go. You place your bid 2 or 3 hours/days beforehand, then check to see if you won after the auction is over. The server does the rest. You can also easily retract and alter your bid if you wish before the auction ends because the bid isn't registered with eBay until 5 seconds before the end. VERY handy if you change your mind (as we all can do... ;) )

I also intentionally bid using odd amounts of change too... Won more than a few auctions that way.

HW
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Paul Blanchard
Posted 2006-12-12 8:56 AM (#227078 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
February 2002
Posts: 1817

Location: Minden, Nebraska
I bid what I am willing to pay. If I win, great; if not, oh well. Sometimes it stings to lose by a few cents, but I made the decision on my limit. Getting emotional can result in spending more, so far better to not make it personal. I don't have to watch the end of the auction and I don't have to mess with a sniping program.

IMHO, the guy who paid that much for a used Ultra deserves what he got. :eek:
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Beal
Posted 2006-12-12 10:02 AM (#227079 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
January 2002
Posts: 14127

Location: 6 String Ranch
I do both, bid what I'm willing to pay and then throw on a few more odd dollars and cents.
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CrimsonLake
Posted 2006-12-12 10:17 AM (#227080 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?


Joined:
August 2006
Posts: 3145

Location: Marlton, NJ
I am always willing to go a little higher as well... it's a shame to lose the item for a few extra bucks. I must admit though, in the fever pitch of the final few minutes of bidding, it's easy to get caught up in the excitement and overbid.
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stephent28
Posted 2006-12-12 10:37 AM (#227081 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
April 2004
Posts: 13303

Location: Latitude 39.56819, Longitude -105.080066
What most bidders fail to realise is that even tho you lost "by a few cents", that is only a few cents more than you bid.

The winning bidder might have actually been willing to go hundreds of dollars higher....but the system "allows" him to win by the smallest allowable margin.

At least thats the logic I use to help take the sting away while wiping the tears out of my eyes!
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Paul Blanchard
Posted 2006-12-13 11:44 AM (#227082 - in reply to #227066)
Subject: Re: Computer bidding on the Baaa?



Joined:
February 2002
Posts: 1817

Location: Minden, Nebraska
Stephen, at least that's not teargas causing the pain....

What you mention works both ways. Sometimes you win something for less than you are willing to pay.
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