Originally posted by: Rob9874
Originally posted by: madthumbs
Why is the last minute so important? I generally only bid on things that are ending the day I'm checking, so I don't go for days wondering if I'm getting something or not. I may bid on something at the last minute, but why wait til the last minute?
Because in the small chance that you and only one other person want this item, they are the only one who will raise your bid after you place it. So the idea is to let them put their amount on it, then outbid them before they have a chance to become high bidder again. Very ruthless, I know, but why pay more out of pocket just to give another eBayer a fair chance? If you place a bid with even 30 minutes to go, they will more than likely try and outbid you. Or at least raise your high bid. My whole purpose for eBay is to buy things as cheaply as possible. If the other person doesn't want to be sniped, they should have placed a higher proxy bid.