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Old 21.12.2009, 11:17
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Ricardo bidding system rant!

Grrrr, their extended bidding system is so bloody annoying
Unlike Ebay, everytime a buyer places a bid, the end time of the auction is extended for 5 minutes, so an auction that was scheduled to end at 3pm could go on for a couple more hours.
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Old 21.12.2009, 11:19
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Re: Ricardo!!!

I like that system, always hate it when the professionals do their electronically timed 2 sec before end-bids...
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Old 21.12.2009, 11:27
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Re: Ricardo!!!

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I like that system, always hate it when the professionals do their electronically timed 2 sec before end-bids...
Its called sniping and its similar to a sealed bidding system. You program the maximum you're prepapred to pay and then forget about it.
Bidding wars are for noobs... and Ricardo customers
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Old 21.12.2009, 11:33
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Re: Ricardo!!!

sealed bids would be nice. the ebay system isn't really like that which is why people snipe and sniping works.

it would be nice if ebay would allow you to enter a maximum bid but submit it at the last minute instead of allowing others to see you've bid and determine the competition/level of bidding.
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Old 21.12.2009, 11:55
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Re: Ricardo!!!

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it would be nice if ebay would allow you to enter a maximum bid but submit it at the last minute instead of allowing others to see you've bid and determine the competition/level of bidding.
This is essentially what sniping is all about, you enter a maximum bid and the system places your bid a few seconds before the auction end. Its no guarantee of winning since the last bidder could have entered a much higher "max bid".

For me sniping is an essential time-saving tool since I don't have to be glued to the computer at all hours watching auctions. It also protects me from myself, in that I don't get tied up in emotive overbidding. I enter the max I think something is worth, and the rest is fate.

Anyway if it were unethical or harmed sellers, Ebay wouldn't be so ambivelent on the subject.

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It is permissible to use eBay bidding utilities which place bids at the last second. Please note that eBay neither approves nor disapproves of the usage of these tools. You may use them at your own discretion. Ebay
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Old 21.12.2009, 11:57
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Re: Ricardo!!!

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sealed bids would be nice. the ebay system isn't really like that which is why people snipe and sniping works.

it would be nice if ebay would allow you to enter a maximum bid but submit it at the last minute instead of allowing others to see you've bid and determine the competition/level of bidding.
As far as I know it does! and other people can't see how much your max bid is!

Ebay will place an automatic min bid for you at some point before the end auction, so if someone bids the min 2 secs before the auction ends, you will win, unless they put a huge bid that goes over yours...

I haven't used Ebay for well over a year... not interested in that stuff anymore... if I buy anything it's with the buy now price...
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Old 21.12.2009, 12:10
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Re: Ricardo!!!

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As far as I know it does! and other people can't see how much your max bid is!

Ebay will place an automatic min bid for you at some point before the end auction, so if someone bids the min 2 secs before the auction ends, you will win, unless they put a huge bid that goes over yours...

I haven't used Ebay for well over a year... not interested in that stuff anymore... if I buy anything it's with the buy now price...
1. by bidding, you've expressed an interest in which 'validates' the value of item to encourage competition and increase prices
2. people can determine your max bid by typing in a large value and then immediately retracting the bid.

in theory, placing your max bid at the start should give the same result as putting your max bid at the end.

in practice, bidding at the start increases competition, reduces your chance of winning and leads to a higher - which is why people snipe - it works!
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Old 23.12.2009, 16:55
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Re: Ricardo!!!

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I like that system, always hate it when the professionals do their electronically timed 2 sec before end-bids...
I was so often annoyed by somebody sniping the thing I wanted in the last second that I searched for an opportunity to even the battlefield, or as Swiss would say, to have "gleich lange Spiesse":

My recommendation: http://mysniper.com/

(free to try the first month, afterwards costs only when you are successful with the tool- I think something around 3 Eur.)
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Old 23.12.2009, 19:12
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Re: Ricardo!!!

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I like that system, always hate it when the professionals do their electronically timed 2 sec before end-bids...
On ebay, I will sit there with the stop watch and place my bid 30 seconds and then click the confirm 5 seconds before the end. I never "Watch" an item as I wouldn't want people realising someone was interested.
I might initially bid the minimum to prevent them de-listing the item.

I kept loosing the chances of wining a canteen cutlery sets because when I clicked the confirm, it would ask me to log in and then my credit card information.

I could not work this out and emailed a complaint to e-bay who then asked me to ring them and they explained that becuase a cutlery set includes knives they had to confirm the bidder was over 18. They gave me a 20 voucher for the aggrevasion.
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Old 21.12.2009, 12:08
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Re: Ricardo bidding system rant!

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Grrrr, their extended bidding system is so bloody annoying
Unlike Ebay, everytime a buyer places a bid, the end time of the auction is extended for 5 minutes, so an auction that was scheduled to end at 3pm could go on for a couple more hours.
Hmm I was thinking of signing up for Ricardo soon, I had no idea they did that, most odd! I used to be a huge Ebay user in the UK but Ebay in Switzerland is crap, barely anything availale and most of it is outside of CH, so you have to pay all the extras like tax and extorionate postage. I used to love the sniping tool too, I had a subscription to Powersnipe, was very useful.
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Old 21.12.2009, 13:11
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Re: Ricardo bidding system rant!

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Grrrr, their extended bidding system is so bloody annoying
Unlike Ebay, everytime a buyer places a bid, the end time of the auction is extended for 5 minutes, so an auction that was scheduled to end at 3pm could go on for a couple more hours.
they do that because its the only option that makes sense.
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Old 21.12.2009, 13:34
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Re: Ricardo bidding system rant!

We use both, for buying and for selling. Once one becomes used to the vagaries of Ricardo, the system works well. Only difference we have found is that the Ricardo bidders take much longer to pay up! Seemingly one cannot pay by PayPal on the latter, it's bank transfers, or, as we had recently, 2 x 20 franc notes plus 7 francs in 1 franc stamps in the post from CH to F! Arrived safely. Just returned from buying absolutely super dining room suite in Waedischwio - worth the 300+ journey as the quality, like most Swiss items, is super [might be a tad old fashioned but we like it that way]
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Old 21.12.2009, 15:31
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Re: Ricardo bidding system rant!

I think that Ricardo is closer to reality i.e. live auctions than Ebay.

At a auction IRL it continues until no one want to raise the price anymore.

Trying to imagine how a real auction would be if the auction ends at a specific time and everyone shout out their maximum bid 5 seconds before the end of the auction.......what a mess
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Old 21.12.2009, 15:43
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Re: Ricardo bidding system rant!

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I think that Ricardo is closer to reality i.e. live auctions than Ebay.

At a auction IRL it continues until no one want to raise the price anymore.

Trying to imagine how a real auction would be if the auction ends at a specific time and everyone shout out their maximum bid 5 seconds before the end of the auction.......what a mess
For priceless works of art it may not make sense, however for a spare TomTom car charger I don't won't to be wasting 30 minutes in some petty bidding war.
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Old 21.12.2009, 15:39
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Re: Ricardo bidding system rant!

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Grrrr, their extended bidding system is so bloody annoying
Unlike Ebay, everytime a buyer places a bid, the end time of the auction is extended for 5 minutes, so an auction that was scheduled to end at 3pm could go on for a couple more hours.
The auction is extended for 5 mins, but it seems to be no longer visible unless you have made a bid. Does anyone else notice this?
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Old 14.01.2010, 15:59
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Re: Ricardo bidding system rant!

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Grrrr, their extended bidding system is so bloody annoying
Unlike Ebay, everytime a buyer places a bid, the end time of the auction is extended for 5 minutes, so an auction that was scheduled to end at 3pm could go on for a couple more hours.
I like exactly this. It is like on a real market or in a bazar, where you when making additional offers automatically stretch the process. And so you can enter very late, and succeed.
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Old 10.09.2013, 22:37
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Re: Ricardo bidding system rant!

so whats teh trick of winning an item on ricardo?
do i enter a maximum bid?and will the other buyers see my maximum bid?
so if they cant see my maximum bid but they try to enter a bid at the alst moment and its under the amount i have put as maximum bid will the listing still extend for anotehr 5 minutes or will i win the item?
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Old 11.09.2013, 08:09
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Re: Ricardo bidding system rant!

can someone reply?
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Old 11.09.2013, 09:08
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Re: Ricardo bidding system rant!

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so whats teh trick of winning an item on ricardo?
do i enter a maximum bid?and will the other buyers see my maximum bid?
so if they cant see my maximum bid but they try to enter a bid at the alst moment and its under the amount i have put as maximum bid will the listing still extend for anotehr 5 minutes or will i win the item?
quick answer.
- enter maximum bid - other buyers can't see it.
- any bid that impacts the new buying price (even if it's under your max bid) will prolong the auction
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Old 11.09.2013, 09:22
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Re: Ricardo bidding system rant!

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quick answer.
- enter maximum bid - other buyers can't see it.
- any bid that impacts the new buying price (even if it's under your max bid) will prolong the auction
Hang on a minute, are you saying an online auction site behaves like an actual auction?



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