Author: Dick Schneiders
Date: 10:39:16 03/25/05
Go up one level in this thread
A very good analysis, Martin. Now I am even more suspicious, because it seems clear that the 2nd bidder knows exactly what he is doing, and thought a great deal about how much to bid and when to stop. Dick Schneiders On March 25, 2005 at 13:25:50, Martin Slowik wrote: >Hi Steve, hi Dick, > >he needed about half an hour to arrive at $1200. This doesn't look to me as it >was too emotional (but who knows). In particular since it is someone who has >done 400+ transactions already and seems to have plenty of experience. > >Interesting is that he took $50 steps now (first it were $20). Since the >increments above $1000 are at $25 it's obvious that the max bid of isousa at the >moment is indeed $1217. The history now is > >1217 isousa >1200 kqsierraplayer2 >1150 kqsierraplayer2 >1100 kqsierraplayer2 >... > >Better for iousa would have been if he had chosen 1190 (ie) since then the >history would look like that (provided kq had chosen the same steps as above): > >1200 kqsierraplayer2 >1190 isousa >1150 kqsierraplayer2 >1100 kqsierraplayer2 >... > >At the moment kq puts 1150 on the stake, he doesn't get the info he wishes since >the next automatic step for iosa would be 1175. At the next step (1200) he gets >above the first bidder. > >However, it's possible isousa increases now his own bid with the intention to >demoralise his opponent. As Steve points out, if one wishes to avoid poker games >as this one could bid within the last seconds... > >eBay 101 Regards, >Martin > > > >On March 25, 2005 at 12:54:31, Steve B wrote: > >> >>>Do you think it will get over $1,703, which somebody else bid a couple of months >>>ago on a Phantom Eyeball? >>:)) >> >>i never did like to bid early on an auction >>just look at whats happening here >>the lead bidder placed his bid with a max and someone else has all the time in >>the world to chip away at it >>whose to say if this lead bid was not placed that the second bidder would have >>placed his own max bid much lower? >>also,the second bidder probably got emotional about this and just pushed higher >>and higher to see how high the lead would go >> >>i always bid at the closing seconds >> >>of course the price is the most important part of the bid but i find,overall >>that bidding late is best >> >>others do think differently about this though.. >> >>never pays to get too emotional over chess computers >> >>Best >>Steve
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