Penny Auction Tip of The Day: Don’t Bid Late

auction endedhttp://www.flickr.com/photos/thomashawk/ / CC BY-NC 2.0

Have you ever invested a lot of bids in an auction, but decided to wait until the timer ticked down to the last 3-1 seconds before you placed another bid?  Some penny auction sites will accept your bid down to 0 seconds or even display “checking,” but unfortunately, due to Internet latency (lag), it’s not always a good idea to wait to bid. You might just lose.

Bidders are discussing bidding late and the ‘3 Second Rule’ in our forum, feel free to join in on the discussion!

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2 comments… add one
  • JaneTalksTech February 22, 2010, 2:53 am

    Bidding at the last couple of seconds is definitely risky. I'll definitely keep the internet lag tip in mind. Cheers!

    Reply

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