Comments on: Insider: Using Bid Schedulers to Price-Enforce Ebay

By: Simplistic1

Simplistic1 — Thu, 26 Apr 2012 06:30:12 +0000

I used to do tons of this and made tremendous bank, but you have to keep an eye on the calendar and your Paypal balance. Since you're disconnected from the timing of the auction by the scheduler, it's easy to lose sight of the actual execution dates and chronology of your bids, which can be important if you place large bids and have a varying Paypal balance. Another thing the article didn't mention is that you actually have to pay for all the auctions you win! You can play the averages and make "margin" bets by bidding 3-5 times as much overall as you have to spend on cards, thinking you will surely not win that many auctions, but the market gets DRUNK sometimes. I once scheduled about 25 bids on cards at RIDICULOUSLY low prices, 20-30% of retail, planning to come back and reevaluate them a few days later and raise the bids on the cards I wanted most. I ended up forgetting to check back completely, much to my dismay since I won 15 of the auctions. I was thrilled to get the cards for those prices but not thrilled with the hit to my bankroll at that exact moment. So even though you can't and won't win all the auctions you schedule bids for, you do have to be prepared for the possibility that you will and be ready to cover bets.

By: Sven

Sven — Tue, 06 Mar 2012 10:05:55 +0000

Thanks!

By: douglaslinn

douglaslinn — Mon, 05 Mar 2012 20:55:01 +0000

In reply to stric9.

Here are a few that I found:
http://www.auctionsoftwarereview.com/searches/fre…

By: stric9

stric9 — Mon, 05 Mar 2012 20:28:25 +0000

Anyone have recommendations are a particular bid scheduler? Are there any significant differences?

By: @JoshJMTG

@JoshJMTG — Mon, 05 Mar 2012 12:58:27 +0000

I feel like dual lands are too well-known to try to price-enforce anyway. I tried something similar at one point last year, and the only thing I got was a Bayou for $50, which wasn't actually a good enough deal to be worth it.

By: Jamey Price

Jamey Price — Mon, 05 Mar 2012 08:04:36 +0000

” Nobody seems to be price-enforcing Ebay right now and this is a great untapped market for Insiders.”

Wrong sir, I’ve been doing it for months, but exclusively on legacy and vintage cards. That’s how I built back up the majority of my dual land set, and picked up power for a local customer. It’s harder to do on those types of cards because the initial cost is much higher and the variance usually lower, but at times you can do exactly the same thing. The market is bullish on duals right now so it isn’t the time to try for those, but there are a number of other goodies that can be had for a reasonable amount.

By: kellyreid

kellyreid — Mon, 05 Mar 2012 06:24:16 +0000

to be fair, i didn't coin the term price enforcing. I just applied it to MTG.