Backorder advice for domain pending deletion

Hi there,

A domain I would like is listed as pending deletion. The current registrar is Godaddy.

I just want the domain for personal stuff. I'm not sure it has commercial value. It's been available on and off before. From looking into it a few years ago, I don't think it's ever been used for anything. But I guess leaving it to be deleted and become available could be too risky. I thought I would backorder through a handful of services.

Is that what you would do?

Is there anything/anyone you would avoid in my position?

Sorry if this all seems obvious. I haven't done it before so I'd be grateful for any advice.

Thanks.