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Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper. This can be done either manually or by software on the bidder's computer,[1] or by an online sniping service.[2][3]
A bid sniper (often, merely called a sniper) is a person, or software agent, that performs auction sniping.
- ^ Baer, Adam (5 September 2002). "How to Outbid the Fanatics: Software That Never Sleeps". The New York Times.
- ^ Roth, Alvin; Ockenfels, Axel (25 June 2006). "On eBay, it pays to snipe". USA Today. Interviewed by Interviewed by Dan Vergano. Retrieved 22 September 2016.
- ^ Glasner, Joanna (23 September 2002). "eBay Bidders Sold on Sniping". Wired. Archived from the original on 5 May 2008. Retrieved 22 September 2016.