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212319.5 in reply to 212319.4
Date: 3/9/2012 2:38:07 PM
Overall Posts Rated:
5151
The 3 minutes extension is needed, and fair. I like it.

One thing I do wish we had, not sure what to call it, is where you can tell the system you're willing to go to a certain amount on a player and it make the bids for you until you reach that limit. For example, the current bid is $25K and I have that bid, but can't be here for the next 8 hours due to work, I can tell it Im willing to go $75K on this player, and when someone bids $30K, the system bids $31K for me. Then when someone goes $32K, the system will go $33K for me.

Anyone else think this would be a good option, or are there downsides to it? I'm guessing it would raise the price of TL players, which wouldn't be good.

This Post:
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212319.6 in reply to 212319.5
Date: 3/9/2012 4:43:06 PM
Overall Posts Rated:
952952
You are describing a "reserved price" I think. It's used on Ebay. You see a player whose bid ends in two days. You set a reserved price of 500k. Anyone who bids below 500k is told "you didn't overbid reserved price" or something like that.

Yeah, I'd like to see that too. It happened twice already that at my late hours (time of your lunch...) I browse the TL and see some players, bid by Philippinian managers - and pretty high, that is. They want the player, but went to sleep (I think they are at least 5-6 hours ahead of me, so my late hours are their early hours the next day) and couldn't bother to be involved in a bidding war.

If they could put a reserved price on it, things may change a bit...I guess it would "kill" some daytraders and I'm not sure BBs want that (clicks help the site...).

This Post:
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212319.7 in reply to 212319.6
Date: 3/9/2012 5:01:19 PM
Overall Posts Rated:
5151
You are describing a "reserved price" I think. It's used on Ebay. You see a player whose bid ends in two days. You set a reserved price of 500k. Anyone who bids below 500k is told "you didn't overbid reserved price" or something like that.

Yeah, I'd like to see that too. It happened twice already that at my late hours (time of your lunch... :)) I browse the TL and see some players, bid by Philippinian managers - and pretty high, that is. They want the player, but went to sleep (I think they are at least 5-6 hours ahead of me, so my late hours are their early hours the next day) and couldn't bother to be involved in a bidding war.

If they could put a reserved price on it, things may change a bit...I guess it would "kill" some daytraders and I'm not sure BBs want that (clicks help the site...).

We're on the same page, but it's not reserve price. Reserve price means it must meet a certain price before it sells. If it does not meet the reserve, the item does not sell.

But what you describe is the same thing I'm talking about, so we're on the same page, just neither of us knows what to call it . Someone told me it is called a Proxy Bid, but I don't have a clue if that it right or even what that means.

This Post:
00
212319.8 in reply to 212319.7
Date: 3/9/2012 5:10:30 PM
Overall Posts Rated:
952952
Reserve price means it must meet a certain price before it sells. If it does not meet the reserve, the item does not sell.


Right, sorry, I mixed things up a bit.

So this Proxy bid or maybe "Virtual bid"...what would happen if one has 10 millions in bank account and proxy-bids 20 players for 500.000? Does it seem fair? It's even better than bookmarks...

This Post:
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212319.9 in reply to 212319.8
Date: 3/11/2012 5:04:42 PM
Kings XI Punjab
ASL
Overall Posts Rated:
224224
Second Team:
Kings XI Punjab II
It will bitter the taste of the game,things here are for fun and bidding is a part of that