>Didn't you read the example? I *did* win the item. I paid *less* than my >maximum. I saved $40 over what would have happened if I had simply bid my >maximum. And this isn't hypothetical: I've won auctions in exactly this way, >and so have hundreds of thousands, if not millions, of other people.
How do you know you saved $40 "over what would have happened?" I don't think there is any way for you to determine that. Maybe you saves $40 over what your maximum bid would have been. That is all you know. What happens when several people are sniping at the same auction? ************************************************************************* ** List info, subscription management, list rules, archives, privacy ** ** policy, calmness, a member map, and more at http://www.cguys.org/ ** *************************************************************************