On 14/01/2013 12:31, sweetheart wrote:

"RobertL" wrote in message
...

On Saturday, January 12, 2013 9:38:04 AM UTC, Mike Barnes wrote:
Jim K :

"There is a vague connection (but no more than that) in that if you bid
*very* late there's no time to up your bid. "

But that is a very important distinction. If you bid very late then you
really do bid your maximum because the seller cannot shill bid you (he
knows there is no time for you to revise it). If you bid earlier the
seller can shill bid you and raise you up to just beyond your maximum
knowing that you have time to add just one more increment.



Its fairly obvious that the shill bidder can put in a maximum bid and
that will cause anyone putting in a bid later, even 1 second before the
end, to have their bid increased up to the shills maximum unless the
shill has bid too much.