Part of the excitement that comes from bidding in pay per bid auctions and other similar penny auctions is "the hunt". Finding that perfect item and competing against other hunters in order to get the kill. Ultimately, we all want to be the one that gets to step up to the slain mega beast and prop a foot up on the shoulder of the carcass.Or plasma televisions as it were.Competing against people is what makes the auctions interesting, because there's a lot of room for error but what happens when you're forced to compete against the auto bidding tool? Some people get intimidated by the automatic bidding tool because it applies a "not-human but machine" feeling and that can generate some discomfort. Here is some simple pay per bid auction tips to help you shake the worry when it comes to the auto bidder.The limitations of an auto bidder are the shortcomings above all else, you just need to employee specific strategies when you're bidding in the pay per bid auctions:· Arbitrary Timing on Bids: You never really know when the auto bid tool is going to drop a bid for someone. It could be anywhere from 8 seconds to the last second left on the clock. If this happens, just watch carefully. If there are other bidders then let a few rounds of bidding take place. This works well if you know how many bids have been placed by an auto bidder. Wait, and strategically decide when to jump in.· Limited Bids: Auto bid systems require that a person inputs the max number of bids and/or price. Some systems simply have a ceiling that cannot be exceeded (like 25). Use this to your advantage because sometimes people don't pay attention to their limits and walk away. Patience is the key.· Rounding Off: Most people prefer a whole number over a fraction when they set their price limits. There's really no mathematical advantage or serious strategy behind this, it's just how people think and work. This is important because most people input these whole numbers when they set up their auto bids. Continue with your bids until you reach that nice round number ($5, $10, etc.) and your chances of winning will greatly increase.Most importantly, treat the bidding tool like just another person that you're bidding against. A lot of the most common strategies work against the bidding tool as well. Of course, if you don't get any enjoyment from going up against a thousand or more people using automatic bid tools then you could always switch to a platform that doesn't rely on this type of bidding.There are pay per bid platforms that focus more on allowing sellers to get their products sold at top price - not on using methods for soaking up bids to make a profit. If you enjoy the thrill of trying to take down the big game then it may be time to look elsewhere.
![[Valid RSS feed]](http://www.look4articles.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites
![[Valid RSS feed]](http://www.look4articles.com/images/rss.jpg "XML Feed For RSS")