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To: econjack

I looked at the other one, Beezid I think it’s called. Looks pretty much like gambling to me. How many .60 bids would you have to make before getting one of the great deals? I guess the strategy would be to wait until just before the end of the auction to start bidding?


5 posted on 02/18/2011 7:45:02 AM PST by suthener
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To: suthener

“wait until just before the end of the auction to start bidding”

Some of the sights make you pay for all of the bids as a total price. So, say that there were 800 bids and you only made one. You would still have to “purchase and pay” the final 800.


8 posted on 02/18/2011 7:49:00 AM PST by momtothree
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To: suthener
I guess the strategy would be to wait until just before the end of the auction to start bidding?

True, but as MomToThree pointed out and I failed to mention, each bid resets the amount of time left in the auction. So if you wait until there's one second on the clock, your bid "resets" the auction clock, usually to 20 seconds. Therefore, you really don't know if you're the last bidder or not until everyone else says: "Screw it...I give up."

10 posted on 02/18/2011 7:53:06 AM PST by econjack (Some people are as dumb as soup.)
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To: suthener

The commercial with the Hemi Charger that “sold” for only $597 told me all I needed to know...


23 posted on 02/18/2011 8:30:37 AM PST by SJSAMPLE
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