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They caught two domains for me about 2-3 years ago. But now I resumed using them - and zero results, for couple of months, for not the strongest competition domains. Are they of any use at all now? Please share your experience.
Thanks for the video @Joe Styler. I see that it syncs with your statement that all expired domains does go for auction irrespective of a single or any backorder. The only benefit of a backorder, I see, is that one can monitor progress and, be the opening bid for that domain. While this is a big drawback, on the other hand I see the big benefit that GoDaddy has control over the its expired domains and gives the opportunity to bid/ buy it after just 26 days of expiry and, much before it is 'Dropped'.That is true. I think your misunderstanding is based on the domain name lifecycle and what transpires after a domain name expires. It is a long process with some caveats and not something I have time to write up at the moment. I would be surprised if there are not other threads detailing this.
This is an 83 minute interview with an expert on what happens when a domain expires and it explains backordering in more depth. https://www.domainsherpa.com/chris-ambler-domain-name-expiration/
This is 5 years old but more or less accurate and will explain what you are asking. It's 53 minutes.
I am surprised you disagree when the data ( FAQ screenshot) clearly shows we are referring to 'expired' domain and not 'dropped' domain. Your FAQ states 'After the current registration expires, we attempt to capture the domain name before the registry releases to the public. if we are successful and you are the only backorder holder, you become the domain name registrant. If there are multiple backorder holders, you can participate in an auction to win the domain name"Then we will have to agree to disagree. A dropping name is different than an expired domain and the backorder acts differently depending on the lifecycle of the domain you are attempting to capture. A Backorder is also useful in other ways during the auction such as discounting the final price which is explained in the video I believe.
Backordering a domain before the auction will not give you the domain without anyone else getting a chance to buy it. I am not aware of anywhere you can do that.