“So if you know the place and time of the battle, you can join the fight from a thousand miles away. If you do not know the place and time of the battle, then your left flank cannot save your right, your right cannot save your left, your vanguard cannot save your rearguard, and your rearguard cannot save your vanguard, even in a short range of a few to a few dozen miles.”- Sun Tzu, The Art of War
Power bidders are bidders on iBidtowin.com who take their time and bids to “go all-in” with full intent on winning, regardless of the cost or time involved.
Crazy? Smart? Obsessed?
Well, maybe you’re a power bidder, or you have already seen these ruthless users “claim” items, and spend hundreds, sometimes thousands of bids to win any particular item.
Powerbidder Strategy #1 – Stamping
Power bidders will sometimes “stamp” an auction to show their interest in winning, then when the auction starts will always be sure to to get a bid in either as soon as an opponent places a bid after them, or towards the very last few seconds (0-3 seconds).
Powerbidder Strategy #2 – Consistency
Power bidders will be consistent with their bidding habits to “make a name” for themselves on iBid. They may not always be consistent with the time in which they bid, but they will do whatever they think it takes to the winner and to be the name that consistently shows up on as many of the ended auctions as possible until they reach their win limits each week.
Win Limits on iBid
Remember, all bidders can only win a total of 6 items valued at under $200 and 3 items priced over $200 in a week (win limits are reset each Saturday). Win limits help to make all auctions fair to allow more bidders a chance to win an auction and actually get a deal.
Strategy #3 – Niche Powerbidders
Some power bidders will always win the same auctions or same type of auctions. For instance, a particular power bidder might always bid on just laptops. Of course, these items Once, on an online auction site that is no longer in business, I’ve seen bidders with names like “IBuyLaptop,” I notice that this bidder would always bid on laptop items and they would always win no matter how much money they had to spend.
Powerbidder Strategy #4 – Intimidating Usernames
Power bidders tactfully choose their usernames. These power bidders will pick names that will either 1.) State that they will win, or 2.) Intimidate. Like how “IBuyLaptop’s” combination of always winning the laptops he or she set out to bid on, combined with a username that states intention of winning, could be intimidating to other bidders. Choosy-username power bidders try to instil fear in other bidders and send a message across that they are not to be confronted. They show, and tell that they bid until they win – “Bidtowin” – no exceptions.
Powerbidder Strategy #5 – Ruthless Reputation
The power bidder strategy has a lot to do with “reputation.” The longer a power bidder bids and stays in the auction, the more bidders will watch and remember their consistent win pattern. Their reputation is one that says “I mean business,” and, “I will win at all costs.”
You won’t be able to recognize these ruthless bidders unless you pay attention and check up on auctions. Watch before you bid, and every so often checks out the winner’s page, be sure to do this on a fairly regular basis.
Check back here tomorrow to read part 2!