To 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.