> No eSnipe still doesn't make any sense to me.

I think what you're missing is this: snipers would useless if everyone bid
their maximum, but a lot of people don't. They just enter a bid that's a
little higher than the current bid and come back later if they're outbid.

Suppose I've decided that I will pay up to $100 for a Hillary for President
pin. Harvey wants it too. He's willing to pay up to $90. He never puts in
his maximum bid. The current bid is his at $50.

Your way: I put in my maximum bid. The price keeps going up as Harvey drops
by and outbids me, and my autobid outbids him.  In the end I win, but I pay
$91 or whatever.

The sniper way: I don't put in my maximum bid. Instead, I tell my sniper
that I'm willing to pay up to $100.  For now, the clock just ticks. Nothing
happens.  Harvey is fat & happy because he thinks he's getting his heirloom
for fifty bucks.  But 10 seconds before the close, my sniper jumps in and
bids $51.  I still win, but I saved $40 because Harvey didn't have time to
outbid me.


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