Do
you want to win auctions instead of being outbid everytime? Do you also want to win at the best
possible price? It is not magic, there is a known technique
that allows you to gain an advantage in bidding.
The
secret is Snipe Bidding. Snipe Bidding means placing a bid in the
final seconds of an auction. This technique allows the
bidder to obtain the best price without bidding against
non-serious bidders who run up the price. Sniping also
allows bidders to win auctions that would otherwise be
taken away by non-serious bidders who place high bids
just for the thrill of winning. You can find more information about how snipe bidding works in this article
You
can't always be at your computer when an auction is about
to end to place that critical bid. You may forget, you
may not home or may be asleep. You need a Snipe-To-Win
to place the bid for you automatically at exactly the
right time. No worries about typo's or having to login
and missing the end of the auction.
How Much Of An Advantage?

You can see from the chart how the probability of winning an auction increases for bids placed in the final seconds of the auction. Graph information modified slightly to make meaning clearer. Graph data is derived from similar graphs in the paper “Bidding Process In Online Auctions And Winning Strategy: Rate Equation Approach” by I. Yang, and B. Kahng, Physical Review E 73, 067101 (2006)
Snipe bidding has both mathematical and psychological foundations. Even without the analysis, cool headed, experienced bidders have known for a long time that it is highly effective. Mathematicians have shown that Snipe bidding works statistically. Researchers at Seoul National University in Korea analyzed over a quarter of a million auctions and confirmed that Snipe bidding gives the best chance of winning(1). Bids placed early have less than a 50% chance of winning an auction. Snipe bids placed seconds before the end of an auction have the greatest percentage chance of winning an auction.
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Benefits of Snipe Bidding Software
Privacy
- Other services require you to use their website. You
must reveal to them every item you bid on. With Snipe-To-Win
your purchases are private. They are between you, the
seller, and eBay. Snipe-To-Win runs on your computer
and does not report your bids to anyone. We also do not
sell, rent, lease, or otherwise distribute your personal
information to outside companies.
Reliability
- Websites that offer to place bids have notoriously
bad track records for placing bids. A Google search easily
turns up countless stories of missed auctions because
the bids were placed late or were placed not seconds
before the auction end, but minutes. Snipe-To-Win lets
you set the time you want the bid placed. Snipe-To-Win
runs on your computer and needs to only monitor your
account. It is not bogged down trying to place hundreds
or thousands of bids like web based services.
Features
- Snipe-To-Win includes the most desired and most useful
features an eBay bidder needs. A great deal of research
and customer surveys went into the development of the
interface and features in Snipe-To-Win. You can find a list of features on the Feature page.
How does it work?
Let's
take a look at a typical bidding scenario and see what
really happens.
A
seller posts an antique vase for $1.00. A bidder sees
the auction and wants to add this vase to his collection. Another bidder also wants to add it to his collection, but only
if
he can
get it at a bargain price. He puts in a $20 bid which meets the $1 minimum. Seven
days left on the auction. At day three someone else
bids $10 which raises the current price to $11 as the proxy bid for our first bidder. Then
someone else bids $30 which takes out the $20 bid.
Now another bidder is the high bidder. Our collector
wants the vase so he goes back and rebids $200 and
he is high bidder at $31. He patiently waits until
the
end of the auction and one day before the auction close
a zero feedback bidder places a higher bid of $32.
He is automatically outbid because our collector bid
$200. The zero feedback bidder rebids immediately,
$60, then $70, $90, $100, $120. He is not concerned
with the price, he just wants to be a high bidder or
run up the auction value for everyone else. Finally
he bids $150, then he quits. Our collector's auto proxy bid
is now
$151.
The
auction
closes
and our collector wins. But, he just paid $151 for
a vase
that
he could
have
purchased
for $33 if he had used Snipe Bidding.
Now
lets look at what really happened here and
the mistakes made. First, our collector tipped his
hand by showing interest much too early in the auction.
Then he allowed others to run up the price. He posted
the maximum he wanted to pay which let other people
determine the actual selling price. The zero feedback
bidder could bid anything. The odds are that he had
no intention of paying even if he had won. Users with
zero feedback fail to follow through and pay for
high ticket purchases about 75% of the time.
What
should our collector have done? He should have used a
technique called Snipe Bidding. Snipe Bidding is a term used to describe
bids placed in the last seconds of the auction. Here is how
this auction would have gone if the collector had used
this professional bidding technique. He would have seen
the auction he was interested in, added it to his watch
list in the Snipe-To-Win software. Here it would have
been watched on his computer, but he would not have tipped
his hand to anyone that he was interested. The other
bidders would have placed their bids as they did. The
zero feedback bidder would have also placed his bid but
he would have stopped at $32 because that would have
made him the high bidder. Some people like to be the
high bidder on an item even if they have no intention of actually
buying the item. They continue to bid up the price for
no reason. Then the next real bidder is stuck paying
the tab. If our collector had set his $200 bid in Snipe-To-Win,
it would have been placed in the last seconds of the
auction. The zero feedback bidder would have no time
to up the price. Our collector would have grabbed the
vase for $33 instead of $151
This
scenario could have easily resulted in the collector
losing the auction. If the zero feedback bidder had kept
bidding until they won, the collector would have lost
the auction. The high bidder never would have paid and
the seller would have had to relist the item. 90% of
the time when an item is re-listed, the original bidders
are unaware that it has been relisted and will not rebid.
This can make a second offering of the same item sell
for much less so sellers want to sell on the first listing
to legitimate bidders.
Do you want to win more auctions and at better prices? You now see how it is done. All you need is the right tool, Snipe-To-Win. Click the link below to signup for your free access. You will have access to both the online system and the free software versions. See for yourself how powerful Snipe bidding can be.
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