F. Prefect
Evolving Lead Gorilla
Most users of cigarbid.com may have already discovered this, but if not, I found it interesting. Since the few high dollar sticks I buy are used as humidor decor, most of my everyday cigars are in the 1.25-3.00 range, or used to be until I discovered the DS.
Most cigars in the 1.00 to 3.00 range are auctioned in both 5-packs and boxes of 20 or 25. But what I found to be very interesting is that the bid increment on both is 2.00. So what you say? On a cigar where the winning bid on a 5 pack is typically between 5.00 and 9.00, the percent of raising your bid from 5.00 to 7.00 for example is pretty darn high (as in 40%!) plenty high enough to give the bidder cause to stop and think for a bit before paying an additional 40% to say the least.
But on a box of 20 increasing from 30.00 to 32.00 is only 6.67%. A bidder competing for this box is much more likely to bid the additional 2.00 bucks without much thought if he thought the value was there.
So what all does this mean? Play the 5 packs. Bid early and set your max. bid at a price in the lower range that what typically are the winning bids for the item, and never increase your price if you get outbid. There will be plenty more tomorrow. Last week I bought 4 - 5 packs of Vega Telangas for 3.00 bucks per 5 pack because no one at that particular time was willing to up the bid by 67% to 5.00. No, they're not Partagas, but a darn good all day smoke that sells on CI's website for as much as 60.00 for a box of 20.
Lastly, bid on a lot of items as you will likely be outbid on well over half, but patience is a virtue, or so they say. However one word of warning when bidding on many items. A day will come, sooner or later, when you will win all or most of your items.:hn But it only happens about every couple of weeks and just think of all the money you have saved (assuming you have a place to put them)
Give it a try, trust me, it works.:tu:ss
I would add that this is best used in only the quickies, or on rare occasions on the last day of bidding in the 5 pack category. If your bid sits around for 2 or 3 days, chances are very good it will get zapped.
F. Prefect
Most cigars in the 1.00 to 3.00 range are auctioned in both 5-packs and boxes of 20 or 25. But what I found to be very interesting is that the bid increment on both is 2.00. So what you say? On a cigar where the winning bid on a 5 pack is typically between 5.00 and 9.00, the percent of raising your bid from 5.00 to 7.00 for example is pretty darn high (as in 40%!) plenty high enough to give the bidder cause to stop and think for a bit before paying an additional 40% to say the least.
But on a box of 20 increasing from 30.00 to 32.00 is only 6.67%. A bidder competing for this box is much more likely to bid the additional 2.00 bucks without much thought if he thought the value was there.
So what all does this mean? Play the 5 packs. Bid early and set your max. bid at a price in the lower range that what typically are the winning bids for the item, and never increase your price if you get outbid. There will be plenty more tomorrow. Last week I bought 4 - 5 packs of Vega Telangas for 3.00 bucks per 5 pack because no one at that particular time was willing to up the bid by 67% to 5.00. No, they're not Partagas, but a darn good all day smoke that sells on CI's website for as much as 60.00 for a box of 20.
Lastly, bid on a lot of items as you will likely be outbid on well over half, but patience is a virtue, or so they say. However one word of warning when bidding on many items. A day will come, sooner or later, when you will win all or most of your items.:hn But it only happens about every couple of weeks and just think of all the money you have saved (assuming you have a place to put them)
Give it a try, trust me, it works.:tu:ssI would add that this is best used in only the quickies, or on rare occasions on the last day of bidding in the 5 pack category. If your bid sits around for 2 or 3 days, chances are very good it will get zapped.
F. Prefect
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