I just flew on delta last week. All 4 flights were overbooked and they had the lottery to get people to sell their seats. They started at 100 bucks. Went to 900 before anybody sold. Happened all 4 times. Everybody flying delta knew to wait It was funny. People actually got somewhat mad at the game and said they would do it at 1000 but others jumped early. Pretty funny.
You could make a decent living doing that....................
I think every flight I've taken in recent years was either full or overbooked. No more of these 2/3rd full flights.
I would be much more willing to take the bump if I knew I would get a good seat in the later plane and that I was actually going to get the compensation. Often times they get people to volunteer and they give up their seats and then the plane is not full and you end up with a crappy seat or your get a crappy seat on the next fight. Not interested in that game.