Extend auction if bid comes in the last 2 or 3 minutes.

[Cedrik39]

I play Hattrick and in the player auctions if somebody bids within the last 3 minutes of the auction ending another 3 minutes is then added on (in place of the going once going twice spiel), this should be in place here.

[herbyhancok]

This would be a welcome change. As it stands, if you're going to be around at the end of the auction it's counterproductive to enter a bid until the last few seconds.

[SodoMojo]

Are you aware you can place a max bid and be refunded the difference?

Example:
If a card is up for bid for 100pp and you are willing to pay up to 1,000pp - Enter 1000 and click submit bid.

If no one else bids you'll get the card and 900pp credited back to your account when the auction ends.

If others bid it will keep upping your bid until it goes past 1,000pp.


If you already knew this then ignore my post...but I've found out along the way that many people weren't aware it works like this.

[Westheim]

Originally Posted by SodoMojo

Are you aware you can place a max bid and be refunded the difference?

Example:
If a card is up for bid for 100pp and you are willing to pay up to 1,000pp - Enter 1000 and click submit bid.

If no one else bids you'll get the card and 900pp credited back to your account when the auction ends.

If others bid it will keep upping your bid until it goes past 1,000pp.

Exactly the reason why no change is necessary. If you would be willing to pay up to X and not a dime more for a card, enter X as your bid. If the card sells for X - 500, you get 500 PP refunded afterwards.

[herbyhancok]

Yeah, I'm aware of how the process works. I'd imagine I've bought and sold more cards than at least 98% of the population.



Whether a change is necessary is all a matter of opinion. Sure, with bids you can set it and forget it. I do w/ auctions I won't be around for. If you'll be around for the end of the auction it is very much in your interest to wait to place the max bid that you're willing to spend at the closing seconds so that you don't create a bidding war. This change would eliminate that tactic.

[Kushiel]

The AH is fine as is, except for exorbitant prices that will fall over time. There are a finite number of people able to pay these early prices. After that they will start dropping. Bid your max bid and stop worrying. Some people just get upset because they lost that auction that they wanted so badly, but were too timid to make a possible winning bid from the beginning.

[mcdog512]

I see no need whatsoever to extend auctions. Put in your best offer and the chips fall where they may....period.

[dkgo]

absolutely terrible idea. ultimate team does it like this and people can go back and forth forever. I like knowing when an auction ends for sure.

The max bid system makes it completely unnecessary. There is no real advantage to "sniping" just put your max bid in and get back the difference if you win

[dkgo]

Originally Posted by herbyhancok

This would be a welcome change. As it stands, if you're going to be around at the end of the auction it's counterproductive to enter a bid until the last few seconds.

This is true since you don't want to lock up the points, but how does it have anything to do with constantly adding 3 minutes of auction time after each bid?

bid your max at the last second and if its higher than everyone elses you win. why should there be a redo if someone else put in a higher max? you could go back and forth forever

[stl jason]

Originally Posted by dkgo

This is true since you don't want to lock up the points, but how does it have anything to do with constantly adding 3 minutes of auction time after each bid?

bid your max at the last second and if its higher than everyone elses you win. why should there be a redo if someone else put in a higher max? you could go back and forth forever

agreed... I'm always a last second bidder (less time tying up my points), and there have been plenty of times where I put in my max bid with 4-5 seconds to go, only to lose by 1 point in the last second (who knows what that max bid actually was)... sucks that I didn't get the card, but if I was willing to go higher, it's my own fault for not putting a higher max bid in the first time

[herbyhancok]

Originally Posted by dkgo

This is true since you don't want to lock up the points, but how does it have anything to do with constantly adding 3 minutes of auction time after each bid?

bid your max at the last second and if its higher than everyone elses you win. why should there be a redo if someone else put in a higher max? you could go back and forth forever

Bidding at the last second isn't an engaging or enjoyable mechanic. The current method incentivizes bidding at the last second. It doesn't have to go on ad infinitum, you could say - half the extension time following every bid.



Extending auctions would benefit players that are more casual/less knowledgeable/have less in-game wealth and time by increasing average sale prices. This would also cut into margins for resellers like myself. I'm already maximizing returns as much as possible on cards so I don't really stand to benefit from the increase in average sale price, but I would feel the increase in costs. Whereas most casual sellers aren't - helping to more equally distribute cards and wealth.



It's not all about trying to get the best deal possible. If cards are bringing more accurate returns then the cards tend to find their way into the hands of players that are more likely to utilize them(not hoard them or resell them) and more of PP returns will find themselves in the hands of the type of players who are more likely to meaningfully stimulate the economy. A rising tide lifts all boats.

[Kushiel]

Originally Posted by herbyhancok

It's not all about trying to get the best deal possible. If cards are bringing more accurate returns then the cards tend to find their way into the hands of players that are more likely to utilize them(not hoard them or resell them) and more of PP returns will find themselves in the hands of the type of players who are more likely to meaningfully stimulate the economy. A rising tide lifts all boats.

The people that may want to hoard them (the rest of us call it collect them since this is a collection game) as you put it or re-sell them have the same rights to the cards as you, the that guy says he has bought and sold more cards than 98% of the rest of us.

[mcdog512]

Originally Posted by herbyhancok

Bidding at the last second isn't an engaging or enjoyable mechanic. The current method incentivizes bidding at the last second.

What you proposes incentivizes last second bidding. Max bid loses it's relevance and now you have to babysit every auction. I truly hate this idea.

[herbyhancok]

Originally Posted by Kushiel

The people that may want to hoard them (the rest of us call it collect them since this is a collection game) as you put it or re-sell them have the same rights to the cards as you, the that guy says he has bought and sold more cards than 98% of the rest of us.

Huh? I'm not making judgements on what anyone does with their cards. I don't much care. I'm just pointing out that it would lead to a more robust economy in general.

Originally Posted by mcdog512

What you proposes incentivizes last second bidding. Max bid loses it's relevance and now you have to babysit every auction. I truly hate this idea.

It disincentivizes last minute bidding, because you can't avoid a bidding war by last second bidding the maximum you're comfortable with. So you're just as well off to place your max bid and go along with your business.

[<Pion>]

Fortunately this idea was floated once before and went nowhere. Hopefully the same is true now.

[dkgo]

Originally Posted by herbyhancok

It disincentivizes last minute bidding, because you can't avoid a bidding war by last second bidding the maximum you're comfortable with. So you're just as well off to place your max bid and go along with your business.

people don't last second bid to avoid a bidding war, they do it so their points aren't locked up for the duration of the auction.

I just don't see where the value is with this. If the max I am willing to pay for a card is 10000 that isn't going to change if an extra three minutes gets tacked on. This basically just gives everyone a do-over if they underbid and now change their mind which isn't fair to the person who had the maximum bid at the time the auction was scheduled to end and deserves to win the card.

I think the system is as good as it could be.

[herbyhancok]

Originally Posted by dkgo

people don't last second bid to avoid a bidding war, they do it so their points aren't locked up for the duration of the auction.

I just don't see where the value is with this. If the max I am willing to pay for a card is 10000 that isn't going to change if an extra three minutes gets tacked on.

I last second bid for both reasons. You might never exceed your initial max, but this is definitely not true of a lot of people. Sniping is a familiar concept to most people who have ever used auction sites. I purchase cards very frequently and whenever I see a card that is a few minutes to end time and I'm apathetic to whether I win or not; I will enter my bid early. Very frequently I will receive immediate counter bids within ten to twenty seconds.

[Dogberry99]

Originally Posted by dkgo

people don't last second bid to avoid a bidding war, they do it so their points aren't locked up for the duration of the auction.

Today I learned I bid at the last possible second for reasons that are different from the majority of the gaming community here. I totally bid my max at the last possible second specifically to increase the chance that my max bid does not receive any competition from other players. Given time, they may choose to reevaluate what their max bid should be. I wait so I can avoid this.

[OMGPuppies]

Originally Posted by Dogberry99

Today I learned I bid at the last possible second for reasons that are different from the majority of the gaming community here. I totally bid my max at the last possible second specifically to increase the chance that my max bid does not receive any competition from other players. Given time, they may choose to reevaluate what their max bid should be. I wait so I can avoid this.

That's true. If you do it too early, they may decide they wanted the card a lot more than they thought they did and raise their bid. Of course, some times you end up totally forgetting about the auction like I have did many times.

[Dogberry99]

Originally Posted by OMGPuppies

That's true. If you do it too early, they may decide they wanted the card a lot more than they thought they did and raise their bid. Of course, some times you end up totally forgetting about the auction like I have did many times.

I set alarms