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bidding

I have been bidding for days on an item and increasing my maximum bid as needed.  However, when I bid a new maximum bid in the last 4 minutes, I waited watching for any new bids to come in.  I was on the page that showed the bidding and times.  Went it went to zero mins. It said that I was" out bid" in the last 2 mins.  Why didn't it show the new bid so I could have responded??

Thanks, Trudy

Message 1 of 6
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5 REPLIES 5

Re: bidding

There may have been a lag in your internet connection, you didn't say how you were connected. Also, if someone bid in the last few seconds, you wouldn't of had time to respond. What does the bid history show on the last bid compared to the end time?


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Never sell anything on eBay that you can't afford to lose.
Message 2 of 6
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Re: bidding

@trsen35 

 

eBay is not set up to allow for reactionary bids. Because of the set end time, it’s just not possible to react every time we are outbid, as you have experienced. 

Just as you are reacting to bids, other bidders see your patterns and can anticipate your next bid. 

When bidding on eBay, try not to show interest by bidding too early (UNLESS you are bidding early to remove the Buy It Now, if it is there). You too could be that last minute or even last second bidder that foiled you on this last auction. 

-Bid once (unless you’re wanting to remove the BIN)

-Bid as late as possible

-Bid your absolute maximum (add a few cents, don’t bid in even dollar amounts. $14.00 becomes $14.07, for instance)

 

There are bid sniping  websites. Perfectly legitimate means to bid in the dying seconds without having to be at your computer. 

If you can’t beat ‘em, join ‘em!

 

No one asked, but I am looking forward to the day when having feedback default sorted by relevance seems right.
Message 3 of 6
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Re: bidding

Unfortunately, the countdown clock is not synced with the servers to provide accurate real time tracking of bids. 

 

One thing that you need to realize is that auctions conducted on eBay are not out cry auctions like the ones many people are familiar with where bids or placed and counterbids are placed by other bidders for the same item.  Auctions on eBay have a specific bidding period.  The ending time of which is known to all bidders.  In such auctions the most effective bidding strategy is to place one's bid for the maximum one is willing to pay for the item as close to the end of the bidding period as possible.  

 

 

"It is an intelligent man that is aware of his own ignorance."
Message 4 of 6
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Re: bidding

You got sniped. Bid as close to end as possible and bid your highest bid you are willing to pay. 

Message 5 of 6
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Re: bidding

The countdown you see is not a real-time feed of bids coming into eBay's servers and the ebay clock counting down. Rather, it is a script that runs on your computer and calls for updates on the auction status about every 3 seconds. It uses the time remaining from those updates to start your own computer's clock counting down from the time the page loads or the last succesful update, and displays the "current price" and your status as of the last successful update.

Meanwhile, on eBay's end, a bid coming in is timestamped before eBay does anything else with it. If it gets the timestamp before the end of the last second of the auction, it is a timely bid. Then the bid must be processed to see that it is a valid bid for that item (meets the currently calculated minimum bid amount, not subject to a seller block or over the Buyer Activity Limit or from an account with a bidding suspension, timestamped before the end of the auction) before it is handed over to the server that is calculating the status of the auction. This is usually all done in a fraction of a second, but sometimes can take a couple of seconds. Only after the status server calculates the new "current bid" and leader is that information available to be sent in response to an update request from your computer (and it takes some fraction of a second for your request to get to eBay's servers and another for it to get back, get loaded into RAM, and get displayed on your screen, and the script runs the clock down from when the new "time remaining" loads in RAM, which usually results in your countdown being slow because of the time lag).

So, between the 3 second (at best, not all updates are succesful) gaps and the time to process a new bid, there is always at least a 1-4 second window at the end where the results of a new bid will NOT display on your countdown screen before YOUR clock reaches 0 and the script calls for a full refresh of the Item Page. At that time the results of the late bid usually come up (you are not seeing the actual bid, you are seeing the calculated "winning price" or "current bid"), but I always (and everyone should) give it a few seconds and then manually refresh just to be sure before relying on the result as final (again, on a busy night it might take a few seconds to finish processing a bid).

If you bid your TRUE maximum, it doesn't make any difference whether you saw the bid before your countdown ran out--if you had been able to react to it before the auction ended you wouldn't have reacted anyway, since you would not let yourself bid more than the MOST you would be willing to pay. If you did not bid your TRUE maximum and were unable to react, now you know why it is important to bid your true maximum REGARDLESS of what anyone else appears or doesn't appear to be bidding. Highest bid received (but not cancelled/retracted) before the auction ends win, but the price is set by the high bid of the SECOND highest bidder (again, as of what is received but not cancelled/retracted before the end).

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