Why do people bother bidding when they dont want to bid close to the reserve price?

before_hollywood

DaveAshton wrote: »

Nah, you can have one for £75 as I know you :rotfl:

:j:j:j:j:j:j:j:j:j

i'm going to turn a nice profit with those

chja

NeilJung wrote: »

A few times I've seen an item listed by someone who has no idea of the usual going price for with a reserve. What I mean is they will list something that always goes for well under £50, so you know right away they are wasting their time and listing fees already. If I'm feeling mischevious I have been known to bid £49.99 on such items. It gives me a chuckle.

Must admit, I throw the odd "below the reserve" bid in when I know that something is overpriced, just to make the point.

fatherazhara

DaveAshton wrote: »

What the hell is wrong with you, yet again you're talking absolute, utter bo11ocks (how the hell you've lasted 6 1/2 years on ebay with so little knowledge of how it works is beyond me).

A reserve counts as an invisible bid. If the reserve isn't met, the reserve's "bid", wins. If the reserve is met (whether by only one bidder or several) the actual bid wins.

Here's a little game for you. As you're so incredibly confident of how the reserve feature works, I'll list an empty shoe box with a £99 reserve. Then, you can bid £100. No-one else will be stupid enough to bid, so by your theory you won't win the item with your solitary, above reserve bid. 7 days later you would have an NPB dispute opened against you, and 15 days after the sale date you'd get an NPB strike. You willing to take me up on it? :A

Why would i need to take a Strike on my account to prove something i know to be right??? the other problem there would also prove nothing as you wouldnt be able to see my bid,... heres an item with a reserve 200392268598, if you put £1000 on that you will still not win the item unless someone bids against you.

fatherazhara

Haffiana wrote: »

What fatherezhara has stated has also happened to me, more than once. I have also bid on items with a reserve, and bid OVER the reserve. My bid has gone in at the starting price only, and even with a few bids from others, my bid has never reached the reserve. Utterly frustrating.

.

Enough Said

Smart_But_Casual

fatherazhara wrote: »

Enough Said

You are correct.

Unless the bidding goes above the reserve price the item remains unsold, no matter how much you bid yourself.

Reserve is £100. I bid £110 but the only other bidder bids only up to £90. My next incremental bid will be £91 and that's what the auction will close at the the item will be unsold.

DaveAshton

fatherazhara wrote: »

Why would i need to take a Strike on my account to prove something i know to be right???

If you're right, you wouldn't get the strike because you wouldn't win the item :rolleyes:

I guess that means you won't be taking me up on it, then?

Smart_But_Casual wrote: »

Reserve is £100. I bid £110 but the only other bidder bids only up to £90. My next incremental bid will be £91 and that's what the auction will close at the the item will be unsold.

Actually it'd be £92 http://pages.ebay.co.uk/help/buy/bid-increments.html

Except it wouldn't, the bid would go in at £100, to take out the reserve.

You may also notice that the link says

A bid increment will go higher than the standard increment in two situations:

• To meet the reserve amount
• To beat a competing bidder's high bid

Smart_But_Casual

DaveAshton wrote: »

If you're right, you wouldn't get the strike because you wouldn't win the item :rolleyes:

I guess that means you won't be taking me up on it, then?

Actually it'd be £92 http://pages.ebay.co.uk/help/buy/bid-increments.html

Except it wouldn't, the bid would go in at £100, to take out the reserve.

Sorry, you are wrong.

I have had it happen to me which is another reason I don't bother with reserve auctions.

If you have no one to bid against the price cannot rise, no matter what your highest bid is.

DaveAshton

From http://pages.ebay.co.uk/help/buy/automatic-bidding.html

In reserve price auctions, if your maximum bid is at least the reserve price, we’ll automatically increase your bid to meet the reserve, and bidding will continue from there.

SbC, I can understand father-I-know-!!!!!!-all-azhara getting confused over this, but you're a seasoned ebayer so I don't see how you can make this mistake .
How long ago did you lose the item because of this, was it several years ago?
We're often winning items as a solitary bidder because of others being put off by reserves, so it's not like we don't practice what we preach, as it were...

Haffiana

Interesting that a number of us have had this happen. In my cases, it was definitely a couple or more years ago, and as I stated in my post, it might well be that things have changed recently. However I am most certainly a 'seasoned' ebayer, (although I sell mostly on Amazon) - this isn't something I have made a mistake over. It happened, and more than once.

fatherazhara

Haffiana wrote: »

Interesting that a number of us have had this happen. In my cases, it was definitely a couple or more years ago, and as I stated in my post, it might well be that things have changed recently. However I am most certainly a 'seasoned' ebayer, (although I sell mostly on Amazon) - this isn't something I have made a mistake over. It happened, and more than once.

Mine was only a few months ago to, and Dave, thank you, i may keep the name father-I-know-!!!!!!-all-azhara i like it a lot :T