Bidding Wars! How Many Bids Does It Take To Win?

One of the ideas that I’ve come back to in the past is to ask which items on eBay are getting the most bids. You might be surprised to find out which auctions over the last thirty days rang in 20, 30, or even 40+ bids. There doesn’t seem to be a lot of rhyme or reason for this but its interesting to look at regardless. Click the text link to see what the items sold for on eBay.

 

Boy Scout Huge 390+ piece CSP Collection (42 bids)


2001 high adventure patch yokahu lodge 506 (41 bids)

 

OA flap Pang lodge 532 (40 bids)

 

1932 “The Boy’s Cubbook” First Cub Scout Handbook (39 bid)

 

 

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What is even more interesting is to look at the number of bidders and how the bidding went. Notice how some bidders went up small intervals until they outbid the then high bidder. This shows a lack of knowledge of how e-bay bidding works and is the prime reason I snipe my bids. The ones that raise the bids small intervals are the ones who complain when they are sniped. They feel they haven’t had a chance to counter the high bid. They should have bid their maximum in the first place. The sniper may not have sniped over their maximum.

BigJim

By BigJim on February 3rd, 2010 at 5:39 am

I always thought that if you have a high bid in place, when someone else bids, the computer will figure out how high to go and list the result as the next bid. But looking at the bid history and bid times, it seems like the computer is taking each increase one at a time. I noticed that one bidder had increases every two seconds for 5-6 consecutive bids. That would be next to impossible to accomplish manually. So perhaps the large number of bids only indicates that two bidders entered fairly high reserve bids and the system had to sort it out one at a time.

By ISCA87L on February 3rd, 2010 at 6:41 am

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