I am upset that I was told I had the winning bid right up to the last minute only to be told I lost the bid. I was watching up to the last minute and was to notified I needed to up my bid. This has ha
You didn't mention what auction site you are using, but I will answer as if you are using Ebay. It sounds like you are a victim of a sneaky but completely legal bidding technique called "sniping." Bidders often wait until the last 30 seconds or less of an auction is left before entering a bid, hoping to steal the win (which they often do).
As mentioned, this is legal and used on almost all auction sites. If you only use Ebay you have two main options. First, you can enter a larger final bid amount when you make your first and only bid. For example, let's say you are willing to pay up to $100 for an item but hope to get it for $70. You enter $100 and hope for the best. The advantage of doing this is you avoid overpaying for an item and don't have to watch the auction. The key disadvantage is other bidders make smaller bids and gradually push the total price up to your highest amount. The second option on Ebay is to wait until the very last part of an auction before entering your bid amount. This might get you the win, but you have to wait and watch the auction and sometimes scream when you still don't win, evan after getting up in the middle of the night!
You can also use automatic tools to enter a snipe bid. This is likely what other users who are winning the auctions are using. Some examples are ezsnipper.com, bidsnapper.com, esnipe.com, auctionsniper.com, and auctionstealer.com. There are many more. If you choose one of these other tools, make sure you read all the fine print to clearly understand (a) how much each bid will cost and any other costs, (b) the software will work with your auction site, and (c) what personal information is stored and how it is used (don't use it if you are not comfortable with the privacy details). I would recommend trying one that has a free trial and then bid on a smaller item as a test.
Finally, change how you look at auctions. They can be a lot of fun, as long as you set realistic expectations and have clear, personal bidding rules you follow...
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