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Bidding on players

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144436.1
Date: 5/20/2010 12:37:12 PM
Overall Posts Rated:
274274
I have a question. Why do people jump the bid of a player by $100,000 with 2 hours before the deadline?

For example, I need a PF. Found a guy who's bid was going to be done in 4 hours or so. The bid was LOW. Around $30k for a guy with inside skills around 9-11. His salary was around 11k. So I'm thinking sweet! I can go well over a couple hundred K for this guy, and his bid is really low with only a few hours left. Then, all of a sudden, someone bids $130K. WHY?

I can understand bidding real high to get people out of the running, say, 5 minutes before the bid is up. But why so far in advance? There were still plenty of people willing to pay a high amount for this guy, so why push so high so fast? All that does is make the player more expensive, not save anyone money, and infuriate new players like myself.

IMO, only bid that high when you're down to 3 or 4 guys left bidding.

Ok, sorry for the rant.

From: rcvaz

This Post:
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144436.2 in reply to 144436.1
Date: 5/20/2010 2:30:45 PM
Overall Posts Rated:
172172
Yeah, I know how you feel. But I think the idea is just to get him out of the radar. If the price stays too low until close to the end of the auction more teams are likely to enter the bidding war. By making an early bid like that the number of contenders should be smaller later

From: 8ants

This Post:
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144436.3 in reply to 144436.1
Date: 5/20/2010 2:49:28 PM
Overall Posts Rated:
2626
Perhaps some people have to sleep/work during the end of an auction and need to put their final bid in early? Keep in mind that people across the world are bidding on players.

This Post:
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144436.6 in reply to 144436.5
Date: 5/20/2010 3:56:01 PM
Overall Posts Rated:
274274
That's what I mean. Unless you bid way over the value of the player you won't win the bid if its hours before it ends. So the logic of putting your highest bid in way before it's over is faulty. There's always someone who will go over it when the time comes. Thus, save the bid, and save other people money, IMO.

Then again, I'm currently bitter haha.

From: rcvaz

This Post:
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144436.8 in reply to 144436.6
Date: 5/20/2010 4:32:37 PM
Overall Posts Rated:
172172
It does work sometimes, and like guys said, you can't be here all the time. Sometimes auctions ended in the middle of the night so I just placed a reasonable bid. I remember it working once, when I signed a rookie for 100k.

I'm not sure it drives the price up that much. It's true that it drives the price up way before bidding ends, but you can also argue that by keeping the price low more suitors will arrive at the end and drive the price up anyway. I keep an eye on the TL now and then and there always seems to be high demand, so not often is a bargain there for the taking.

From: Fresh24

This Post:
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144436.9 in reply to 144436.8
Date: 5/20/2010 6:50:20 PM
Syndicalists' BC
Naismith
Overall Posts Rated:
307307
I also prefer is someone puts their final bid early if I'm not willing to go higher, it saves me the time of having to wait for the bidding war.

This Post:
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144436.11 in reply to 144436.10
Date: 5/21/2010 12:30:03 PM
Nightearls
DBA Pro A
Overall Posts Rated:
538538
Second Team:
Silver Onions
I like to bid high a few hours before the deadline.
That keeps away daytraders and makes a bidding war much easier to overview.

When you are bidding against 2,3 others it is doable, but when 10,15 are in the mix, it is almost impossible.

I also found out lot of times that when more than 3 players are bidding on a player, the player is mostly sold for too high.

Only in the dark, we succeed!