Tuesday, January 11, 2011

Quibids Strategy-7: Winning Against Bid-o-Matic

This Quibids strategy helps you to win against those bidders who use bid-o-matic. It is very natural that you might be intimidated by the automatic bidding tool. It gives the whole "not-human but machine" thing to bid-o-matic. However, you do not really need to fear this automatic bidding tool. Follow the Quibids tips given in this post and you should do just fine.

Quibids strategy bid-o-maticTo beat the Quibids bid-o-matic, you just need to understand the limitations of this tool. Here are the main Quibids strategies that you must use to beat this tool -

  • Arbitrary Bid Timing: This is an important characteristic of the Bid-o-matic tool. You will never know when the bid is placed - it is always placed before the timer reaches 0. Therefore it it could be when there are 12 seconds left or 1 second left for the auction to end. This means you can simply use my Quibids Strategy Waiting Game for this purpose.
  • Limited Bids: Many times, people forget that you can only place a maximum of 25 bids in the Bid-o-matic tool. You should use this to your advantage. Bidders sometimes just forget this limit and leave their computer, only to lose the auction soon. Patience is therefore the key and one of the most important Quibids strategies that you will really find.
  • Use the Round-off Psychology: We have a tendency to prefer whole rounded off numbers when it comes to setting the price limits. There is no mathematical advantage here but that's the way humans work. Thus you will see a number of bid-o-matic bids expiring when the price hits $5, $3.5, etc. Be sure that you bid till you reach this "nice" number and chances are you will win soon after, mainly because of the Volunteer's Dilemma but even otherwise.
The Quibids bidomatic tool is really no different from any human - you can use the same Quibids strategies in general, apart from the ones mentioned above. Be sure that you read all my Quibids strategies listed on this blog before you bid on Quibids so that you have the maximum chances of winning.

15 comments:

  1. Hi I've always been curious as to how to strategist against this bot. Thanks for the informative post! I was wondering, would it be possible for us to see you post a video of both a small item won and a big ticket item won. That way, we can see how you work your way through a win.

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  2. Thanks for your comment. Highly appreciated :)

    I am not a big fan of creating a video, but I guess that should change. I'll try to post a video sometime and let you guys see the strategies that I use. Be sure to check back here often - or just subscribe so you know when new posts are added. I am quite regular with posting on my blog here.

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  3. I have also heard that the Bid-O-Matic bot will bid on an item from the highest bid pool first and work its way down. So, best strategy when using it is to bid only 3-5 bids at a time instead of the 25 bid limit. So if Bidder A has 20 bids left and Bidder B has 3, Bidder A's bid will be spent first by Bid-O-Matic. Great strategy to not waste bids!

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  4. I am wondering where you got this information from. From what I have seen, if there are 2 Bid-O-Matics, it will simply alternate and if there are three, it follows like an A,B,C, A,B,C pattern. I'll have to check this out.

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  5. How are Bid-omatic bidders placing B-O-M bids with a fraction of a second left. You see this all the time. A bidder using b-o-m and using 100 bids in an entire 200$ gift card auction. How are they doing this?

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  6. b-o-m places bids at random in the time interval. It is possible that it does it with a fraction of a second left but this is not consistent - sometimes you will see b-o-m placing bids with 5 or 10 or 15 seconds left.

    Also, 25 is the limit - there is no tweak for that. What you see when people place 100 bids with b-o-m is they renew it each and every time. Otherwise, it is not possible. In these cases, be alert when people reach 25 bids: they may be away or decide not to use it again and you have a winning chance.

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  7. There are bidders someway using a third party software that are placing B-O-M bids only when the auction will end if they do not bid. I have seen it too many times. a 200 gift card gets to 38.00 and HYPERTENSION (A bidder) will have bid only 45 times and only b-o-m and only when the timer is below .05 seconds and no other bidders coming behind him. And they start at the 0.00 start of the auction. THere are many of them.

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  8. Oh I see what you are talking about. That is actually not bid o matic but third party softwares which do the bidding. In bid o matic, the bidding is totally random. However, these special softwares do have the capability of set and forget with a fixed timer setting so it will only bid when the timer goes below a certain threshold. These bids will not show as bid o matic bur rather single. Also, these don't have the limit of 25 bids. I wrote a post about this topic previously and how it is done.

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  9. They are b-o-m I am telling you. There is a third party software that I can not find that places a bid as a b-o-m that is placed with less that .1 second left. In fact is seems like the timer is at :01 for nearly two seconds when their bid is registered.

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  10. Oh then I am not aware of it. I'll try to find information on it. I know such softwares exist but they bid as a single bid and not as b-o-m.

    Thanks for your comments, I appreciate you taking the time to stop by :)

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  11. The "round off psychology" makes no sense. There are no price limits, you set the bid o matic to start at a price, not end. Also, you have no control of how many bidders bid when you start the bid o matic, thus it will randomly end where ever, not at so called round numbers.

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  12. i would just use bidder robot personally over bid-o-matic

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  13. @Rockchalk, Bid-o-matic has limits. See its use again so you understand it better.

    @Johnny, bidding robots are against the rules, just so you know. Other than that, I guess you are right - those offer more flexibility

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  14. What? Third party software can be used to bid. I seriously do not think so. Just today I bid against an aggressive bidder, and I FELT he used more than the 40 bid limit ($25 gc) as he was already under attack when I joined in. I wonder if voucher bids do not count as real (purchased) bids and allowed him to go beyond 40. Is that possible?

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  15. It is very interesting to just sit and watch. I watched a bidder bid 39 times to win a 15 voucher bid. How does this make sense? They used 39 bids to win 15. Even if they are using voucher bids it still doesn't make sense to me. Am I missing something?

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