Basilers Bidding Fail Logic
I don't see why some basilers... when they see a low bid item for example at 100k, they decide to bid at 10 mil. What's the logic behind this besides making the item more expensive for yourself, because most likely someone will bid again and it will force you to bid significantly higher...
Educate me please.
September 25, 2011
5 Comments • Newest first
[quote=Watermelown]Although I don't play, the logic seems simple enough.
They're hoping that by increasing the bid by such a high amount, no one will bid and they will automatically win.[/quote]
That logic only applies towards when the auction is within close to the end.
This situation is what im referring to:
Item is worth 100 mil
Item starts bidding at 100k
People bid ..
100k
120k
130k
Someone bids 10 mil.
4 days left.
... And my question is... why?
No I mean like the item will eventually get higher than 100k but lets say there are 2 days left. It's logical to try to buy some time to keep the price down before it gets close to ending so you would naturally bid for the next highest amount instead of significantly raising it.
Most of the time sellers won't sell stuff to you if you bid 100k and its worth 10mil.
[quote=Uiluj]people are compulsive.
but sometimes the bid ends at a time inconvenient for the bidder, so they bid high so no one else would bid while they're AFK.[/quote]
Well this does happen with 2-4 days left...
who cares it's more dough for you (if you're the seller)