At least in Las Vegas, I have some general understanding of the odds of rolling a 7 or of any particular number on the roulette wheel. Could the house have people bidding up the prices on items past a point of profitability? Of course they could.
As you can tell, this one troubles me. The approach makes me feel dirty. Am I overreacting here? What do you think about QuiBids and this general approach which has been undertaken by a number of other sites? Take my survey and also share your thoughts with me in the comments. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Email Address:. Sign me up! Blog at WordPress. WP Designer. Home About.
This tells us that if you are going for a high ticked item it is probably best to go for it when there is less users logged in. This also tells us that it is probably best to bid on low ticket items when Quibids has higher numbers of logged in users.
This is because there will be more high ticket items available that will pull the majority of the users to them leaving the smaller items unattended and because there are more items people are more prone to surf the items and not actually bid. Leaving even less bidders to fight for the smaller ticket items. Any of the times marked with Free will have the most amount of competition as this is the only time most people can log on and bid on Quibids.
You can refine this list by considering other work schedules. College kids. High Schoolers, Night shift workers and so on. Any area that is busy by multiple groups is probably going to produce the lowest numbers on Quibids for those hours. Any one that has been on Quibids for any amount of time has experienced the rush. Watching waiting. The most exiting element of any auction is the collection of bidding types or styles. But as we move from entertainment to competition we find that we need to take a closer look at these bidding styles.
How many are there? How can we spot them? How can we take that knowledge and use it to our advantage? That is what I will be covering here. There counting along with the timer. These are usually the most emotional of bidders and at times some of the most aggressive. The subconsciously love getting into bidding wars with last second bidders. There are also the most prone to turn Quibids from a strategy game into a gamble game. This also means that the loose lots of auction because they will let the timer hit 1 and choice not to bid because they want the adrenaline rush of almost losing.
Be on the watch for a confusion point as Adrenaline junkies usually have less then bids. They feel if they win great they got a discount if they lose who cares I will just sell it for a slight mark up and move on to the next item. This group is a big fan of super aggressive bidding and a strong user of the bid o matic.
Most Resellers bid in the middle or higher end of the average ending cost to stack the odds in there favor. Waiting is the best strategy to use when up against a reseller. They are willing to take the auction for a higher cost if it means better odds of winning. The bad is there is a small hand full that are extremely good at bidding this way.
You can sometimes spot them because they will place one or two last second bids in the middle of an auction and then disappear for later. This can be difficult as this is also the sign of a limper style just consider every limper as a possible waiter. The Snaggers — These aggressive barging hunters only hit up auctions at the very beginning. They use intimidation tactics like the bid o matic or aggressive bids.
The majority of these people will leave to write about how Quibids is a scam. I have seen many bully bidders go head to head and it usually dos not last long before one of them tucks there tail and leaves. The Power Bidders — The power bidder will go out of his or hers way to show off how many bids they have. Power bidders drop over a bids a week and bids in multiple styles from aggressive to waiting. You do not want to bid against these types of bidders when there are in this mode.
If you find yourself under attack by a power bidder who is following you from auction to auction sign out stay away for a couple of days and change the time you bid so if you bid in the morning try bidding at night. This group usually haunts Quibids in the later hours of the day. The Strategist — Unless you watch an auction from start to finish there is a good chance you will never know a user to be a strategist.
A strategist bids according to how others are bidding and deploy software like bidfellows or bidproapp to gather as much information as possible during an auction. They know the items best time, average high and low cost. Quibids promo codes is an easy way to get some free bids! Sadly if you are not a brand new member of quibids these promo codes will not work. This is because the codes are time sensitive and only work with in the first 24 to 48 hours of creating an account. You also need to note that some of these codes might not work because quibids is constantly changing there promo code list.
Each code should reward you a small amount of free bids!!! You do not need to use any one referral code. To use these coupon codes I mention this because many Quibiders created youtube videos saying you had to use there referral code in order for the codes to work. This is completely untrue and is just a lazy attempt to get some easy referral so that they can receive 25 free bids. Now that you have your free Quibids codes check out the rest of Quibids Tips to learn how to bid effectively.
Top 10 Mistakes wile bidding on Quibids. Rules to Bidding Smarter on Quibids. You should always consider using the buy it now feature when ever possible as it will act as your personal safety net!!
With the buy it now feature you will never have to worry about losing the money that you spent on bids. Buy It Now offers you the chance to purchase any product at any time during the auction and up to 2 hours after the auction ends. Any real bids aka Bid purchased in a Pack bids you place on an auction will be discounted off the value price.
Voucher Bids Bids that you won in an auction used in an auction will not be used to count towards the Buy It Now price. The extra bids you use will not be returned. The purchase price cannot be negative. You could take this further by incorporating: Listing Dynamics and Auction Dynamics to reduce the amount of needed bids to an even smaller amount. Note the above formula is not the formula used on QuibidsReport. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.
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