A question on Gunbrokers "15" minute rual?

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (beanstrung) — Thu, 21 May 2009 20:47:56 GMT

I like to "snipe", and GunBroker's rule tends to tame down the sniping somewhat. It doesn't really bother me, I accept it for what it is and work around it. You can pseudo-snipe by entering your bid at about 15 minutes, and 3 seconds. If no one else notices, the auction will end on time, and you just might snag the item.

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (usernamehasbeentaken) — Mon, 18 May 2009 20:05:21 GMT

well hpc -
just so happens that there is an auction on GB (one of several, actually) for an 8 1/2 ported barrel that only has 9 days left on it
that leaves you plenty of time to 'snipe' on it

Bob

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (high speed cruise) — Mon, 18 May 2009 00:39:30 GMT

Hmm....I've never used any (gun) auction site other than GB....so maybe I shouldn't have posted. My aversions to other sites comes mainly from hearing "people buy special computer programs that provide an advantage when it comes to sniping." There may not be much to that other than a fast internet connection....I don't know.

For me, if someone bids early on something, I am less likely to bid at all. I don't know if this is true for everyone. I feel the...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Cisco) — Sun, 17 May 2009 23:55:20 GMT

I guess I don't consider that sniping if you have a higher bid in reserve.

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (usernamehasbeentaken) — Sun, 17 May 2009 17:25:23 GMT

I wish that I could find more Sellers like yourself, Stan
it would be a pleasure doing business with you Sir
your attitude for business should be Basic 101 for beginning Sellers, as well as those other so-called 'knowledgeable' entrepreneurs
a modest profit on any item is more than fair
but far too many GB Sellers' sole intent is to maximize each and every auction by listing ridiculous high reserves
or extreme shipping fees, and the like, hoping to snag...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (stantheman1986) — Sun, 17 May 2009 16:24:34 GMT

As an occasional GunBroker seller, I couldn't care less about the 15 minute rule, but I don't use reserves or play games and I'm not really in it to turn any kind of real profit as I'm not a dealer or "E-Business". I list the gun starting at the fair minimum price I want for the gun, usually at or a little less than I have in it and let people bid what they feel it's worth. I use GB just to move out some guns that I'm done with or lost interest in, and I...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Highpower) — Sun, 17 May 2009 09:36:52 GMT

Cisco wrote:
Even ebay has got away from sniping in that you can bid a higher price than the current price and it only comes into play if the bid goes up.

Not so. A "sniper's" goal is to get in the very last bid - period. As you said, an item with a "current bid" of $5 showing can have a higher "proxy" bid (like $10) waiting in reserve. However, a "snipe" bid over $10 in the...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Cisco) — Sat, 16 May 2009 20:31:09 GMT

I favor the 15 minute rule cause I sell a lot of guns on gunbroker, makes it like any real auction you would go to. Even ebay has got away from sniping in that you can bid a higher price than the current price and it only comes into play if the bid goes up. What I don't like is reserve prices, I typically won't even open up an auction to look at it if it has a reserve price. I figure place the opening bid at the lowest bid you will accept or take your chances.

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Youngblood) — Fri, 15 May 2009 11:08:17 GMT

I think that the reason a lot of folks look down upon "snipers" is because what most think of as an auction involves no time limit, only folks bidding for an item until one person takes it with the highest bid ... but the bidders have a moment to decide if they are willing to top that last bid ... a "sporting" head-to-head affair.

By that understanding of what constitutes an auction, eBay and AA do not feature regular auctions. Perhaps they would be better...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Youngblood) — Thu, 14 May 2009 20:11:55 GMT

The only sniping for which I don't particularly care is that done by what I refer to as "high-bid snipers" ... the ones who will drop an outrageously high bid in the last few second to guarantee a win, trusting that everyone else involved is bidding reasonably. O'course, sometimes you get lucky and witness 2 "high-bid snipers" on the same item and the "winner" ends up paying WAY more than the item is worth. I was lucky enough to see...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (scooter222) — Thu, 14 May 2009 19:24:28 GMT

All have valid points. Let me give you my example why I don't like it. I watched a auction for 5 days. Only had one bidder. So I put my bid in under the 15 minutes(I was high bid), knowing about the rule, and it reset. The other bidder waited to bid and it reset 15 minutes again. So between us, resetting the auction another 15 minutes each bid about 1 1/2 hours went by. Then a new bidder dropped in and placed a very high bid and won. If the "15 minute" rule wasn't there,...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Aubullet) — Thu, 14 May 2009 17:09:49 GMT

I still don't understand why some people consider putting in the highest bid you are willing to go with, as late in the auction as you can get it in, is in any way deemed a bad thing?

Isn't any kind of auction always won by the last highest bidder?

Somebody please educate me, what's the deal?

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (usernamehasbeentaken) — Thu, 14 May 2009 15:47:43 GMT

gee...I've been a 'sniper' all these years, and never knew it
I've been a baaad, baaad boy...

Bob

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Aubullet) — Thu, 14 May 2009 15:37:41 GMT

Youngblood wrote:
With one very important difference ...

No "real" difference if you never look back or re-bid.

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (gil) — Thu, 14 May 2009 15:20:44 GMT

I don't even look at gunboards anymore because the straw purchaser/buddy can push the price up and up and up. You see lots of the same items coming up for bid after being "sold" and there is no rational for the relisting that I know of. the "sport" of bidding on auctions is gone and the likelyhood of getting a good deal likewise. My response of late when I even bother to bid on an item is set my upper end price, pitch my bid late in the auction and wait to see if I get...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Youngblood) — Thu, 14 May 2009 14:35:12 GMT

With one very important difference ...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Aubullet) — Thu, 14 May 2009 14:17:24 GMT

usernamehasbeentaken wrote:

when it comes to GB's auctions, I bid just before the 15 minute 'cutoff'
I treat it as the actual end of the auction and never look back, second guess myself, or re-bid

That is exactly the definition of the sniping technique!

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Youngblood) — Thu, 14 May 2009 08:39:30 GMT

I've always liked the "15 minute reset" and wish all the online auction sites had it.

when it comes to GB's auctions, I bid just before the 15 minute 'cutoff'
I treat it as the actual end of the auction and never look back, second guess myself, or re-bid

What they said.

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (Aubullet) — Thu, 14 May 2009 01:05:37 GMT

Angry? Not at all. Saddened? Perhaps a little.

But anybody who doesn't snipe on any on-line auction that is set up to favor it, isn't thinking about the implications of their own exposure in bidding early, thus allowing everybody who comes along between their bid and the end of the auction to think about it and give it a try, thus needlessly driving the price up. Which is why sellers like the 15 minute rule, and I don't blame them!

I don't know how many...

Re: A question on Gunbrokers "15" minute rual?

feeds@yuku.com (high speed cruise) — Thu, 14 May 2009 00:38:33 GMT

Like I said, looks like that rule gets peoples' danders up.

hsc

A question on Gunbrokers "15" minute rual?

feeds@yuku.com (scooter222) — Tue, 12 May 2009 23:46:18 GMT

If this is OT then just tell me and delete it. But the Q is. Do you think it's fair or just adds 15 minutes more time for the bid and Gunbroker's profit to go up? Personally I feel it's a money making deal for GB. They say it benefits the bidders but I've never been to a auction that the "Going, going, GONE" goes for 15 minutes, then resets on the next bid. They claim it's to make up for computer "slowness" or problems. TUFF. Sit at your keyboard and...