If you see an auction, 9.5 times out of 10 even if the price is low it's not worth your time to bid.
Auto bidding if you don't know is you input a price you're willing to pay, and the auto bidder will only add increments on top of everyone elses bid automatically, so you don't have to pay attention to the auction.
Now this immediately gives you 2 advantages to other consumers.
1) Nobody knows what your actual bid is, so unless they feel like spending the time to mark up every actual dollar, they can't outbid you.
2) If literally no one feels like doing that to try and get an appropriate price, the auto-bidder either gets the really low price because nobody wanted to waste time throwing up bids, or the seller cancels the auction because they didn't reach a price they wanted.
Imagine going to an auction in real life, and you have to say what youre bidding for on an item, but someone else can just say "I outbid" and not say the price you are going for.
Flat out, the maximum bid should be revealed, none of this "incremental bidding" shit, literally all this serves to do is screw over other consumers because they don't feel like wasting time.
If their maximum bid is higher than my comfortable price, I either have to waste time and drive up the bid NOW, or I might've just bid 20 dollars more than I needed to and get stuck with a higher amount of money.
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- 2 years ago
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- reddit.com/r/Ebay/commen...