A dialog will open as you type your search terms. Enter your search term to display live search results. Use TAB key to navigate results. Waiting until the last few seconds of an auction to make a winning bid is known as bid sniping.
This tactic is used to try to prevent other bidders from having a chance to place a higher bid before the auction ends. Automated bid sniping software Many websites and software packages offer automated bidding based on the end time of an eBay auction. Finally, a word about bid amounts. Bidnapper makes no currency conversions. So, for international auctions, just bid in the currency of the auction. Also, do not enter any other characters other than numbers and a single decimal.
All additions, deletions, and changes to your Pending Auctions list must be done prior to six minutes before the end of the auction. To change a bid, click the EDIT button. Our default is 4 to 5 seconds before the end of the auction, and we do not suggest a bidding interval any shorter, but you may have a longer, or shorter, interval if you feel it gives you an advantage.
Shorter intervals run a greater risk of arriving after the auction closes. In most cases your bid will be adjusted one bidding increment above the previous high bidder if you have bid enough. Bidnapper uses the proxy bidding system to bid just enough to make you the winner, up to your maximum bid. In reserve auctions, that may mean raising your bid more than one bidding increment to meet the reserve.
The proxy system is not used on Dutch auctions where there is more than one of the same item up for auction.
So, on Dutch auctions only, when Bidnapper submits your bid, the auction site will generally apply the full amount of your bid. Bidnapper works with any currency. Just enter numerals, a decimal, then two numerals.
Just bid in the currency of the auction. The currency of the auction is the bold number displayed on the auction page. Any other value there is for your convenience. That conversion is only there for your convenience. Value your bid in GBP's. If two people are sniping the same auction the highest bid will win. If they bid the same amount the first bid to reach the auction site will win the auction.
We developed this feature for auction sites which extend the endtime when bids come in late in the auction. SNIBBLE , a combination of the words snipe and nibble , continues to submit your bid in increasing amounts each time the auction is extended, never exceeding your maximum bid.
On most auction sites which extend, the extension feature is an option selectable by the seller, so you will see both regular bidding accounts and Snibble bidding accounts available for many auction sites which offer this feature to sellers.
Probably nothing. Usually when a Bidnapper user doesn't win, bidding just went past the maximum the user set. Sometimes the difference between the current high bid and the user's maximum bid is less than the minimum bid increment and Bidnapper is unable to bid. Occasionally the seller ends the auction early. There are a variety of outcomes that will result in not winning an auction.
Bidnapper tells you what happened in your auction with the "Response" button on your bid listing. The "Response" button shows how the auction site responded when your bid was delivered by our system. Usually it is because your bid was below the minimum bid increment. There is a sliding scale of minimum bid increments, and they are different for each currency, and the increments increase as the bidding gets higher. Find out more about this by searching 'bid increments' on your eBay Help page.
The status of your bid changes as the auction progresses until you get the final response to your bid. These are the status reports you will see, and what they mean:. If you need more information, please go to our Tutorial page on Bid Responses. If you're in the insurance industry, check out our other project Insurance Xdate. Bidnapper FAQ's What is a snipe?
A snipe is a last-minute, or last-second auction bid. Why should I snipe an auction? Why does eBay sniper software work so well? To understand, we have to talk about how eBay bidding works first. When you enter a bid in an eBay auction, you aren't entering a bid like you would in a regular auction. You're entering your maximum bid. Let's say your maximum bid isn't the highest bid, though.
Then you'd have a chance to outbid them again. This system is known as proxy bidding because the eBay bidder is acting as a proxy for you. The problem with the eBay autobidder is that you don't have much control over the timing of your bid. If someone outbids you, your bid goes up. The proxy system ensures that the winner pays the minimum amount required to win. It also helps eBay sellers make money. That's where eBay sniping a different kind of automatic bidding comes in.
Instead of letting the eBay automatic bidding system bid for you, your eBay auction sniper will place the bid right at the end of the auction, not giving anyone a chance to adjust their maximum bids. Most of the evidence points to yes. Bidnapper has collected a number of quotes from researchers that support this idea. The research is getting dated, but in general, experts believe that sniping is effective.
According to a Harvard Study :. In short, more experienced bidders are sniping. Sniping allows you to conceal information always a good idea in auctions and bid without giving anyone else time to react. It's a win all around. However, there are some important caveats, especially for eBay beginners. The Balance notes that eBay's proxy bidding system and the increasing popularity of fixed-price listings mean you could actually win fewer auctions with sniping. It depends on a lot of factors.
Remember that the maximum bid you enter for your snipe can still be beaten, no matter how late your bid is entered. If someone else has a higher maximum bid, your snipe is defeated immediately. In short, sniping generally works very well, but it won't always win, and it won't always result in you paying less.
If you really want something that doesn't show up on eBay very often, sniping probably isn't the best way to go. But in general, it's a good strategy. Some people think that sniping goes against the spirit of auction sites. Without sniping, if you want to make sure that you win the auction, you need to either enter a very high bid or rearrange your schedule so you can be there at the end of the auction to make sure you win.
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