I have 2 types of bids I place for items I want to buy on Ebay. First is the common stuff, that is easily available. On those I place a mininum bid. If I don't win, then OH well tomorrow is another day. Here is a card that I bought today at the opening bid of $9.99. On these I win about 10 to 15% of the time. Economical way to get nice cards.
Bargain price for a PSA6 1967 Leaf Star Trek card.
The second category are scarce, not often seen cards like 1937 Ripley's & USHD High numbers. On those I place snipes, going up to the most I can afford to spend, and sometimes even higher.
All too often I have to scramble to raise the cash for my winning bids, but it's always worth it in the long run.
Just wondering if anyone else did this.