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How do I snipe an ebay item?

pnj

Turbo Monkey till the fat lady sings
Aug 14, 2002
4,696
40
seattle
I hope that's the correct terminology (I hope I spelt that right...).

I want to bid on an item and I want to win.. Is there a way that I can make sure that my bid is the highest and the last at the same time?
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,154
13,321
Portland, OR
www.esnipe.com costs you a penny per buck only if you win. Set the max you want and let it ride. I use it and love it. It sends me an email alert if my bid is too low an hour before auction end.

You can still lose by proxy, but it keeps me from impulse over bidding.

<edit> There is a firefox plug-in for it, too. It's awesome.
 

buildyourown

Turbo Monkey
Feb 9, 2004
4,832
0
South Seattle
I use auctionsniper.com
Sometimes, there are certain items that you MUST win. It's also free if you lose and 25c if you win. Not a big deal money wise.
You can also batch items if there are a bunch of them ending around the same time and they all look identical. I bought a BB this way. Bid $25 on 5 different items and you will only win 1.
 

profro

Turbo Monkey
Feb 25, 2002
5,617
314
Walden Ridge
I personally don't like esniping. If you can't keep track of it, then let someone else deal with it.

It balances out those that have a lot of money and those that have a lot of time.
 

pnj

Turbo Monkey till the fat lady sings
Aug 14, 2002
4,696
40
seattle
So if I have time to watch the auction when it's at the end, does it make sense to use a sniper bot? cause I have WAY more time then anything else right now....:banghead:
 

pnj

Turbo Monkey till the fat lady sings
Aug 14, 2002
4,696
40
seattle
Ok, so I signed up for esnipe. But I have a question..

If the item I'm bidding on has a bid of say, $51.00 and I put in my max bid of $100.00 , will esnipe go up to my high bid amount slowly, like by $5.00 each time or will it instantly jump to the $100.00 amount?

Thanks.
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,154
13,321
Portland, OR
I personally hate snipers. Really defeats the purpose of the bidding wars.
A tradition auction has bidding wars, ebay is a timed event. Fast one wins. If you don't want to get snipped, follow jonKranked and bid some ridiculous amount.

I have a price I am willing to pay and I set my snipe at that amount. If I get it for that, then cool. If someone has a proxy bid higher than my snipe, then they obviously want it more than I do.

What I hate are the jackasses that bid 10x in a row at $1 a bid until they beat you.
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,154
13,321
Portland, OR
Ok, so I signed up for esnipe. But I have a question..

If the item I'm bidding on has a bid of say, $51.00 and I put in my max bid of $100.00 , will esnipe go up to my high bid amount slowly, like by $5.00 each time or will it instantly jump to the $100.00 amount?

Thanks.
If you set a snipe at $100, it will bid $100. If the high bid is $51.00, then your proxy bid of $52.00 will win.

Same proxy rules apply for sniping, that's why I like it. I can bid $1000 and win for $5 if that was the high bid.

I set my snipe for the max I am willing to pay. If I get it for less, then great.
 

Bicyclist

Turbo Monkey
Apr 4, 2004
10,152
2
SB
What's the effectiveness of sniping? Doesn't eBay sort of do the same for you? I.E. you put in the max you'd pay, and it will automatically bid up to that point for you?
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,154
13,321
Portland, OR
What's the effectiveness of sniping? Doesn't eBay sort of do the same for you? I.E. you put in the max you'd pay, and it will automatically bid up to that point for you?
A lot of people don't understand proxy bidding (my wife, for instance). If the high bid is $10 and I set a snipe bid for $25, I could win for $11, I could win for $25, all depends on what the proxy bid is for the current high bidder.

What sniping does is it keeps the price from going crazy. If someone bids $15 on something and you bid $16, they can rebid. But if you bid 3 seconds before the close of auction, they have no time to rebid.

For me it is worth $1 or less to save $10 and avoid a bidding war.

<edit> Again, if I put in a bid of $200,000 for a bottom bracket, then I will likely win the auction.
 

Bicyclist

Turbo Monkey
Apr 4, 2004
10,152
2
SB
Yeah, but doesn't eBay do the same thing automatically?

For instance if there's a bottom bracket listed at $1, and I bid $15, it will only show my bid being $2 or thereabouts. I guess the only difference is that no one can see the bid until 3 sec. before the auction stops, then.
 

pnj

Turbo Monkey till the fat lady sings
Aug 14, 2002
4,696
40
seattle
I don't really get this snipe thing either.. I'm an ebay noob.:banghead: this is the second thing I've bid on, ever.

If I have the time to sit infront of my computer and bid non-stop until the biding stops, is there any difference between that and sniping? I'm guessing that maybe the computer/snipe program can bid quicker then me?
 

JustMtnB44

Monkey
Sep 13, 2006
840
114
Pittsburgh, PA
I personally hate snipers. Really defeats the purpose of the bidding wars.
I used to not like them either, but then I was trying to win a specific item (A/V receiver where there was one ending each day) and I kept getting sniped, so I figured if I can't beat 'em, I'll join 'em.

If I have the time to sit in front of my computer and bid non-stop until the biding stops, is there any difference between that and sniping? I'm guessing that maybe the computer/snipe program can bid quicker then me?
There is a difference. If you keep bidding, someone else may keep outbidding you, jacking up the price of the item. Good for the seller, bad for the buyer. The snipe bid does not get entered until the last few seconds of the auction, thereby preventing other people from outbidding you.

So what happens when you have a bunch of e-snipes going after the same item? Who wins then?
Whoever put in the highest bid with their snipe.

The bidding process works the same with or without sniping; you enter the highest bid you are willing to pay. The snipe just enters that bid at the last possible second to try and avoid bidding wars.