usayit
No longer a newbie, moving up!
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It's not just about max bid or not, it's about how much money eventually gets paid. If you early-bid, then odds are that someone will come along and bid more than you.
The odds are no different because your max bid is not advertised. Current bid != max bid. If you max bid is higher than anyone is willing to snipe, you are the winner. It doesn't matter whether you bid at the beginning or at the very last second.
This results in a couple things: 1) eBay gets more money from the royalties, 2) the seller gets more money, 3) someone pays more than it could go for, and 4) you don't get what you bid on. If you snipe, you don't need as much patience as described above because you will win an auction earlier.
Royalties, money to the seller has nothing to do with when you place your max bid.... it is based on the final winning bid. the winning bid could be placed at the beginning nor end. Also... sniping an auction does not cause the auction to end earlier.
In the format of ebay's auctions (open/english), there is no advantage to sniping except you end up paying more than or intended or you wasted time watching/waiting for the final seconds.