Bidding Strategies That Work

Experienced DealDash customers use various bidding strategies. The key is to find bidding strategies that work best for you.

Below are some bidding strategies you might want to try:

  • Avoid bidding in the same auction with players who just won a large bid package. It’s a good idea to go to the winner’s list and write down the screen names of players who recently won an 800, 1,000 or 4,000 bid package. Chances are you would not want to compete in the same auction with one of those players because they most likely would outbid you.
  • Try placing an uncommon number of bids into the automated bidder, BidBuddy. Most players will choose to place more common sets of bids, such as 10, 25, 50, 100, 150 or 200. If you place an uncommon number of bides, such as 11, 27, 53, 101, 159 or 201, you might improve your chances of getting the last bid and winning the auction.
  • Look for patterns that make winning difficult. For example, I discovered players from two particular states consistently win more often than not. Therefore, I avoid getting into the same auctions with players from those two states (unless they are Newbies who do not yet know how to play smart). I will not name the states. That is for you to figure out, but paying attention to things like that could make a winning difference.
  • Bid low, win low. Over the years, I’ve watched one DealDash customer consistently use this strategy very successfully. He banks on the fact that nearly all DealDash auctions will eventually close early. When they do, this lucky player is often there and wins some amazing bargains. By always bidding low, this player never loses many bids. Whenever he does win, he never pays a high closing price, either. While most players will place only one bid at the beginning of every auction to ensure they do not get locked out, this player might place 4 to 50 bids at the beginning of every auction. Whenever no more single bidders jump in, he slips through the cracks and wins. This player has even won some high-dollar items by using this strategy.
  • Use bids wisely. Let’s say you want to win a pair of hiking shoes and you only have 600 bids. You have several options how to use those 600 bids. You could use all 600 bids in one auction, you could use 200 bids in the next three auctions or you could use 100 bids in the next six auctions? By trying different strategies, you will soon learn which one gives you the best chance of winning.

 

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Submitted by: Barbara L. Sellers

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