In the early days, sellers unsuccessfully lobbied eBay to prohibit last minute bidding. There is nothing a seller likes more than to see a several day long bidding war at the expense of several bidders. For another thing, last minute bidding often forces sellers to sell items for less than what they would like. For one thing, sellers are unable to gauge the interest in ongoing auctions because last-minute bidders are delaying their bids until the flurry of bids at very last moment. “ Do sellers hate last-minute-bidding? Many do. On the other hand, these sniping sites do recognize that the practice is at least a bit controversial. Sniping isn’t a violation of any rules on eBay, and with the rise in slick sniping tools like, I think it’s rather inevitable that this practice will just increase in the future too.
The eBay bidding system automatically increases your bid up to the maximum price you specify, so entering a higher maximum may help prevent you from being outbid in the closing seconds of a listing.”
To help avoid disappointment, ensure that the maximum bid you enter on the item page is the highest price that you’re willing to pay. Sniping is part of the eBay experience, and all bids placed before a listing ends are valid – even if they’re placed one second before the listing ends. If you check the eBay help system, you’ll find that they say “Placing a high bid in the closing seconds of an auction-style listing is called “sniping” within the eBay Community. I could say “oh man, they’re going to wait until the last second and end up getting a better price on the item by sniping” but instead I see it as “hurray! People are paying attention and I bet at least one of them will go wild bidding up the price in the last few hours”.
You can see here that in less than 24 hours (they’re 7 day auctions) I’ve picked up four watchers for the mixer and 3 watchers for the inline patch, my two higher ticket auctions.