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Ebay Question

jmpellet

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I was just browsing some Wyndham points auctions (not ready to try just yet) and noticed that the same buyer had about six of the same bid amount ($1). So I decided to just enter a bid (1.25) to see what would happen. Immediately that same buyer showed up with 6 more bids at $1.50. Is there a sniping program that puts in multiple same amount bids to ensure greater success?

Thanks,
Jo-Ann
 

tlsbooks

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Ebay has an automatic bidding system where the buyer puts in their maximum amount and ebay raised the amount as other bids come in. Say I put my maximum bid at $100. All that will show up initially is the minimum bid on the auction (say $1). If you come in a bid $5.00, ebay will automatically raise my bid to $5.50. If you bid $50.00, ebay will automatically raise my bid to $51.00. This goes on until someone bids over my initial maximum. So, in this hypothetical auction where my max is $100, if you bid $100.05, you have the highest bid.
 

Talent312

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I was just browsing some Wyndham points auctions (not ready to try just yet) and noticed that the same buyer had about six of the same bid amount ($1). So I decided to just enter a bid (1.25) to see what would happen. Immediately that same buyer showed up with 6 more bids at $1.50. Is there a sniping program that puts in multiple same amount bids to ensure greater success?

Its quite possible that the bidder does not intend to buy or is not a real person. Instead, these bids could be the product of a "constructed personality" or a friend employed by the sellers to make you think there is genuine interest in the units and drive up the price.

They want you to think that you are in a bidding war with a real person, even after you go beyond the real value of of the TS. Even if the other "bidder" outbids you, after the auction ends, they'll know how high you will go and likely send you a "second chance" offer at your last bid. Don't bid against yourself and see what happens.
 
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jmpellet

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I understand the autobid feature but this seems to be different as there are about 5 bids for the same amount from the same bidder that come in right after I place a bid. I thought there could only be a single dollar amount for a single bid.

n***2( 8 ) US $2.00 Aug-05-08 19:02:53 PDT
n***2( 8 ) US $2.00 Aug-05-08 19:02:04 PDT
n***2( 8 ) US $2.00 Aug-05-08 19:01:49 PDT
n***2( 8 ) US $2.00 Aug-05-08 19:01:14 PDT
n***2( 8 ) US $2.00 Aug-05-08 19:00:58 PDT

This is the auction:
http://cgi.ebay.com/FAIRFIELD-POINTS-North-Carolina-WYNDHAM-Timeshare-DEED_W0QQitemZ190242282640QQihZ009QQcategoryZ15897QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

Jo-Ann
 

vacationhopeful

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be careful with your bidding - you could end up owning those weeks. Just trying to understand how the bidding works on eBay.:(
 

jmpellet

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Those actually are not my bids but someone elses. I was trying to figure out why there was more than 1 with the same amount.

Also, as I am still learning, this particular auction seems to be for points and not weeks. Am I missing something that is not clear to a newbie like me. This actually seemed to be a good auction for a reasonable amount of points to start with and a relatively low MF.

Thanks,
Jo-Ann
 

vacationhopeful

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Hi Jo-Ann-
Re-read these posts. Bidder A bids $1. Thinks about it and decides to go with a higher autobid and Bidder A increases his Max bid to $5. Bidder B comes along and bid $2.25 as his Max bid. EBay takes Bidder A up to $2.50. Bidder A notices and now raises his Max bid to first $7.50; rethinks again, raises with another bid to $10; gets cute, rebids again to $10.81 cents.

Now Bidder A has made 5 bids. Bidding on eBay is $2.50, with bids at $1, $2.25, and $2.50.

Okay?
 

CarolF

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I'm keen to understand this as well Jo-Ann.

Hi Jo-Ann-
Re-read these posts. Bidder A bids $1. Thinks about it and decides to go with a higher autobid and Bidder A increases his Max bid to $5. Bidder B comes along and bid $2.25 as his Max bid. EBay takes Bidder A up to $2.50. Bidder A notices and now raises his Max bid to first $7.50; rethinks again, raises with another bid to $10; gets cute, rebids again to $10.81 cents.

Now Bidder A has made 5 bids. Bidding on eBay is $2.50, with bids at $1, $2.25, and $2.50.

Okay?


Linda, I'm not sure I understand your example above and how it relates to the bidding on Jo-Anns item. Bidder 1 (e***t) went to a max of $1.75 and it took 2 bids to get there. Bidder 2 (ebay name of n***2) is listed as putting in 5 bids for the same amount of only $2.00. There is only a gap of 25 cents from $1.75 to $2.00 so why is n***2 listed with 5 x $2 bids? Here is a cut and paste of the entire bidding so far.

Bidder Bid Amount Bid Time

n***2( 8 ) US $2.00 Aug-05-08 19:02:53 PDT



n***2( 8 ) US $2.00 Aug-05-08 19:02:04 PDT



n***2( 8 ) US $2.00 Aug-05-08 19:01:49 PDT



n***2( 8 ) US $2.00 Aug-05-08 19:01:14 PDT



n***2( 8 ) US $2.00 Aug-05-08 19:00:58 PDT



e***t( 0 ) US $1.75 Aug-06-08 11:12:33 PDT



e***t( 0 ) US $1.25 Aug-06-08 11:11:52 PDT
 
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vacationhopeful

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The 5 bids are just Bidder A increasing his autobid ... note the date stamp. The newest date stamp on Bidder A (n***2)(8) is older than Bidder B. Bidder B's bid forced the eBay computer to increase BidderA's bid up to the next step ($.25) at this dollar level. Bidder A just kept upping his "hidden" max which might me no more than .01 each time ... eBay doesn't have a min on the upping of your bid, until there is another bidder "pushing" your bid.
 

jmpellet

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But if s/he increased his/her autobid why did it show the same amount ($2). This is how it went: I saw the 5 bids from the same bidder (n***2( 8 )) at $1. So I (e***t( 0 )) threw in a bid for $1.25. Nearly immediately (within seconds) another 5 showed up for $1.50 from the same bidder and the same amount. So I then re-bid at $1.75 and again in less than a minute another 5 showed up at $2 for the same bidder. An now if you look at the bid history for this auction you will see that same bidder with 5 again for $455.

n***2( 8 ) US $455.00 Aug-05-08 19:02:53 PDT
n***2( 8 ) US $455.00 Aug-05-08 19:02:04 PDT
n***2( 8 ) US $455.00 Aug-05-08 19:01:49 PDT
n***2( 8 ) US $455.00 Aug-05-08 19:01:14 PDT
n***2( 8 ) US $455.00 Aug-05-08 19:00:58 PDT

7***e( 0 ) US $450.00 Aug-07-08 05:56:58 PDT
7***e( 0 ) US $400.00 Aug-07-08 05:56:46 PDT
7***e( 0 ) US $375.00 Aug-07-08 05:56:35 PDT
7***e( 0 ) US $325.00 Aug-07-08 05:56:17 PDT
7***e( 0 ) US $300.00 Aug-07-08 05:55:56 PDT
e***t( 0 ) US $1.75 Aug-06-08 11:12:33 PDT
e***t( 0 ) US $1.25 Aug-06-08 11:11:52 PDT
 

jmpellet

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I was thinking along those lines too, but probably on Ebay's side since I would assume they wouldn't allow for the same bid to be displayed multiple times.
 

CarolF

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Bidder A just kept upping his "hidden" max which might me no more than .01 each time ... eBay doesn't have a min on the upping of your bid, until there is another bidder "pushing" your bid.

:eek:
That buyer seems crazy to me. I guess I can't understand why one bidder would spend so much time increasing their bids by only a few cents. With their potential saving being a grand total of .25 they must have a lot more time than money.
 

vacationhopeful

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Bidder A is nervous; "A" figured on his first bid that $1 is what he should bid. A couple of minutes later, "A" wants to be sure he wins, so he increases his bid to $5. Then "A" has a brain vision saying a $5 is not going to win it in the last seconds; so "A" increases with a new bid of $5.75. AH, "A" has seen the light - someone else might be $5.75; "A" decides a bid of $5.76 will win it.

Meanwhile, there has been NO OTHER bidders, just "A". "A" is not bidding against self; "A" is just positioning, ending with, his humble opinion, the winning bid og $5.76. The eBay bid is still showing $1.00 to everyone; "A"'s max bid, shown only to userid "A" is $5.76.

NOW, Bidder "B" arrivals. "B" decides his first and max cheap bid will be $1.75 and enters it. eBay registers and shows another date stamp and $1.75 bid and autobids "A" to $2.00. There is two new bids: "B"'s and a older "A" bid.

Still, ten minutes later, Bidder "C" decides to enter this auction by using a "snipe" bid. "C" decides to program to enter an eBay bid 3 seconds before the eBay's bidding ends. "C"'s bid, 3 seconds before, is his max bid of $55.89.

No other bids are placed. A & B are reflecting; C is on a hot date. At 3 seconds before the end of bidding the snipe programs does its thing and enters "C"s bid of $55.89. A & B are hitting the refresh button every second, see the new bid come in $.25 higher than "A" max bid of $5.76 which is shown first, then "C" bid of $6.01.

Before, A and B can even say "WHAT THE..." the auction ends and C is proclaimed "WINNER". At $6.01 ... no one sees on the auction pages that "C" would have been willing to pay as much as $55.89. A and B learned they couldn't type fast to enter their true max bid of $100.

If A and B had each entered $100 to try and WIN the auction after "C"'s bid, with "B" fingers and DSL reaching the eBay computer at WINNER-2 seconds vs "A" on dialup who is recorded at WINNER-1, "B" is WINNER, because his was the first tying bid.

Hopefully, all have learned a helpful lesson ... eBay is addicting like a pingball machine, is a rush, a thrill to win and MAINTENANCE FEES ARE FOREVER! :hysterical:

Look for info on another post about T/S addiction, the Twelve Step prorgam, and why some TUGGERS do not sign on to eBAY.:D
 
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