SteveAS
Practically Family
- Messages
- 841
- Location
- San Francisco
Again, the purpose of a sniping program is to prevent people from follow up [bids]. If you bid your max, then follow up bids won't matter. You will win or lose depending on who has the higher max.
Your first sentence is right, but it shows your second and third sentences to be wrong. You implicitly acknowledge that followup bids sometimes happen. Followup bids matter because---if you bid your maximum early in the auction---they mean you pay a higher price when you win and (because the person making followup bids might have a higher max than you,) you win less often.