Buying Strategy
This buying strategy has worked for me, and has allowed me to get some really good buys. There are 6 main points to the buying strategy.
Place your first bid on the item when the auction had 15 seconds left. This is the last point in which the auction will not increase in time, and so by bidding with 15 seconds you can get your bid in for the item, and will not increase the auction length.
Secondly,
if you get out-bid on the item, immediately bid back, even if the bid is close
to your maximum price that you will pay for the item. This will give the
impression to the other bidder that you are serious about buying the item, and
will not give up. Continually bid back as soon as they have bid, and so after a
while the other player will hopefully give up, leaving you with a bargain,
after implementing your aggressive bidding strategy.
Always have a maximum price that you will pay for the item. Go any higher than this and you are eating into your potential profit.
Try and avoid buying players which have had a starting price of 150 coins, for two reasons. Firstly, by starting it at 150 coins, the seller is looking to get a lot of interest in his/her item, as many people will bid on the item, thinking they will get a good deal in the end. In reality, this is the not the case, as many players will see that the auction has a low price going into the last 15 seconds, leading to a frenzy of bids in the last few seconds of the auction, and an eventual end price, which is usually not a bargain and above the average market price. E.G an Ashley Cole goes into the last 15 seconds of the auction with a price of 8600, with 5 people bidding on him, leading to an eventual final price of 24750, above the average market price.
Never bid at the last second of the auction. This is likely to wind the other bidders up, and makes them want to win their “bargain” even more; meaning the chance of you winning the auction at a lesser price is smaller.
If there are 2 cards in a row that both have low start prices, (ideally 150) then add both of them to your watch list but concentrate on the second one. Players are most likely to focus on the first one, meaning there will be less people bidding on the second card in the row and it therefore it will be likely to go for a smaller price, meaning there is a greater profit potential on the card. This works even better when there are 3 or more cards in a row
