Which is better for winning Pricebenders auctions: using the auto-bidder or not using auto-bidder?

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6669 votes
Delmage Taylor, Aff (South carolina, US) Top Author Forum Guru 8/6/2014 1:26 am
Affiliate since: 09/09/2008, Power Rank: 6 | Read Delmage's 6 other Ask SC answers
I've won going both ways. You must study the auctions, then develop a strategy for bidding both ways. Set a budget for testing both strategies. Once you have your strategies formalized and corresponding budgets ready, then test both extensively, sticking to your budgets religiously. You will gain enough experience from these tests to then be able to win at times with either.
Be sure you consider all the multiple factors, such as time of day, type of auction, product type, and other factors which
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6646 votes
Machelle Hussey, Aff (Idaho, US) Top Author Forum Guru 8/9/2014 9:44 am
Affiliate since: 06/20/2013, Power Rank: 99999999 | Read Machelle's 8 other Ask SC answers
This question depends on some variables. First I have to say that it depends on how much time you have on your hands to sit at the computer and secondly it depends on how many TCredits you have to spend and I think it depends on what day of the week it is and the time of day.

I personally like the auctions that you can bid on yourself. This gives you the control over how much you are spending and it does not use up all of your credits at once. If you have time to sit and watch where the
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6642 votes
Johnny Tan, Aff (Singapore) Top Author Forum Guru 8/4/2014 8:17 am
Affiliate since: 11/08/2012, Power Rank: 326 | Read Johnny's 264 other Ask SC answers
Well this is certainly a very interesting question my take on this is that I personally prefer to bid manually and not use the Auto Bidder as we can have better control over our T credits and on how frequent to bid or slow down or back out or down for a while if it becomes too hotly contested .

As for auto bidding although it may be good to a certain extent especially if you have set a preset limit on the number to Tcredits to bid and x number of bids etc whilst attending to something
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6640 votes
Anup Kumar Nag, Aff (India) Top Author Forum Guru 8/4/2014 11:56 am
Affiliate since: 01/06/2012, Power Rank: 416 | Read Anup Kumar's 203 other Ask SC answers
There is no way to decline that use of Auto-Bidder is the best way to win an Auto-Bid auction although there may be some exception as we know the world ‘exception’ always exist in all the cases.

But above all, it is obviously better to use auto-bidder in case of auto-bid auction to confirm your win if you have sufficient T-Credits in your account. To be confirm your T-Credit account, set auto-bidder from the starting point of an auction – sit comfortably - keep a sharp look
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6631 votes
Abe Taddesse, Aff (Washington, US) Top Author Forum Guru 8/6/2014 2:37 am
Affiliate since: 06/05/2014, Power Rank: 99999999 | Read Abe's 168 other Ask SC answers
Hi Zoran,

It all depends on once level of experience especially when it comes
Auction bidding. As you know only few percentage of people have
Deep knowledge, understanding, discipline, strategy, control of emotion
And good execution plan.
Majority of the people go by emotion and start a unnecessary bidding
War and end up losing it or pay more than they should. Let’s go out
Of this for a little bit and see few things outside of here about auction.
Check
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6630 votes
Michael Sambi, Aff (Namibia) Top Author Forum Guru 8/8/2014 4:35 pm
Affiliate since: 05/29/2014, Power Rank: 99999999 | Read Michael 's 1 other Ask SC answers
I think using auto-bidder is far better when you have enough TCredits because it blocks your counterparts from getting into the mix! Unfortunately auto-bidding has got its own disadvantages, particularly when it comes to controlling the bidding; you have no control over it whatsoever! And that’s why you should perhaps only opt for auto-bidding when you have enough TCredits.

However, manual bidding is somewhat very helpful when you have sufficient time to time-manage your TCredits in
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6627 votes
, () Top Author Forum Guru 8/12/2014 12:20 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Judicious use of the auto-bidder can work to your advantage. It is a great tool that I use to great effect.
At the start of an auction, you can use it to intimidate hesitant and opportunistic bidders. But you must set a limit that is reasonable, the average price on previous auctions works fine. But experience is needed to gauge this.

Later in an auction you have to be more active and carefully watch how the bidding is progressing. You can still use the auto-bidder, but beware there
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6624 votes
Sunildatt Limaye, Aff (India) Top Author Forum Guru 8/3/2014 7:35 am
Affiliate since: 07/05/2024, Power Rank: 99999999 | Read Sunildatt's 150 other Ask SC answers
Hi Zoran,

Using auto -bidder for winning Price Benders solely depends on the situation at time of bidding.

In a single auction, there can be instances you use auto bidder and and instances you put off the auto bidder. When there are more than one person who are bidding before the timer reaches 0 , or immediately after a bid has increased by 1 cent, do not use auto bidder. Chances are that you can save your T credits because someone else has used auto bidder or has entered
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6607 votes
Ronelle Tharp, Aff (Florida, US) Top Author Forum Guru 8/2/2014 9:54 pm
Affiliate since: 10/04/2013, Power Rank: 99999999 | Read Ronelle's 268 other Ask SC answers
I believe it is mostly a matter of personal preference.

One must learn how to use the auto-bidder so as not to fly through all your TCs before you realize it!! There are settings to use for starting and ending dollar amounts. I've only tried it once, didn't care for it.

When not using a-b, you have more control over your bidding. It's not advisable to get into a bidding war with anyone, as it's basically just throwing TCs away. Every time someone bids, the clock starts over,
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6604 votes
, () Top Author Forum Guru 8/3/2014 5:48 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Hi Zoran,
from my experience, do not use auto-bidder if you are limited of TC. Without it you can control spending of TC and bid when you see Going twice on board.
Auto-bidder is useful if you have at least 200TC and want to outbid players with less TC`s or when you try to rich price high enough to force others to retreat.
If you insist to use it be fast and turn it off when auction comes to an end, and one or two players left to bid.
If someone else use auto-bidder wait for
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