posted on June 2, 2000 08:52:22 AM new
I bid on an item last night. The auction was to close at 21:45PDT. Their "counter" showed it would end at 21:45, but it actually ran until 22:10, costing an additional 22.50 for the item. I bid 75 for quantity of four. New math shows that 72.50 for quantity of 1 beats 75 for quantity of four. Does this happen often?
posted on June 2, 2000 11:22:28 AM new
I'm confused by the math but I can tell you this about end times--Yahoo allows sellers to decide whether to allow sniping (last minute bids). The seller may choose auto extend feature--the auction will NOT close until 5 full minutes pass in which no bid is placed. Example, you bid with 2 min left thinking you can grab it from the high bidder-auto extend adds another 5 min to the end time-if another bid is placed it adds 5 more mins to that bid time etc, etc. The auction can go for hours if 2 people keep outbidding each other.
Personally I never choose auto extend. You can go all the way to the bottom of the ad-IF it says "auction does not get automatically extended" then sniping is allowed. If it doesn't say it you should enter your max before time left gets below 5 mins and hope it's enough to win.
