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Strategy Help - Godaddy Expiring - 5 minutes left - 0 bids

Located in Domain Expiration and Domain Drop Catching started by Beezy, Mar 21, 2015.

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  1. Beezy

    Beezy Active Member VIP

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    Twice today I saw auctions with zero bids with 5 minutes left...I make the first bid and it triggers a bidding war both times.

    Obviously this strategy is flawed? Are people seeing the bid and then jumping in? (they were good names)

    Should i wait until it drops to $11?

    How do you approach these auction situations?

    Thanks!
     
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  2. Asfas1000

    Asfas1000 Active Member VIP

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    I don't think your bid triggered anything...people wait till the last 5 minutes to bid just like you do ;)
     
  3. Beezy

    Beezy Active Member VIP

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    That's probably true. Just blowing off steam. I tend to stay away from godaddy auctions as the $5 increments and the auction extensions aren't really friendly to bidders (or me, at least), so I thought maybe there was a known strategy for dealing with this.
     
  4. CrocodileDundee

    CrocodileDundee Active Member VIP

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    For the domains that you lose out to, where do they end up? HugeDomains?
     
  5. Beezy

    Beezy Active Member VIP

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    I haven't been losing out. I just spend more money. Ugh.
     
  6. CrocodileDundee

    CrocodileDundee Active Member VIP

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    If the domain is at 6/7 minutes with no bids, just leave it and buy it when it hits the closeouts ASAP. I've noticed when I bid during those last few minutes, I always get countered.. so I stopped bidding to see who wins the domains and it was HugeDomains.com.
     
  7. Beezy

    Beezy Active Member VIP

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    Interesting.

    How long until after the auction does the domain appear for $11 in the closeouts? I know there is always a delay.

    Does hugedomains (or anyone) have a bot to grab those somehow?

    I know there are google chrome extensions to alert you when a webpage changes/updates, i wonder if that would help. Hmmm..
     
  8. CrocodileDundee

    CrocodileDundee Active Member VIP

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    Delay varies, anywhere from 1 minute to 5 minutes I have found, I just sit there mashing the refresh until it appears lol. No idea about the bot, I just know when I try and snatch it I end up getting crushed and it's always by proxy bids.
     
  9. Asfas1000

    Asfas1000 Active Member VIP

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    Does that mean that if you bid on a crappy domain, the bot will outbid you ? Or what are its rules ?
     
  10. johname

    johname Planet Futbol VIP ★★★★★★★★★★

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    They purposely make the time to $11 random to discourage waiting



     
  11. CrocodileDundee

    CrocodileDundee Active Member VIP

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  12. Beezy

    Beezy Active Member VIP

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    All conspiracy theories welcome in this thread :)
     
  13. RU

    RU I'm out of domaining. ~Russel VIP

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    Don't buy domains on GD expired auctions, only closeout! IMO :)
    I hate 'proxy bidders'.
     
  14. Soofi

    Soofi DomainX™ PRO Gold Account VIP ★★★★★★★★★★

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    auctions are never fun! ;)
     
  15. stub

    stub Top Member VIP ★★★★★★★★★★

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    @Beezy - I wouldn't be the first one to bid. Then. If it drops to closeouts. I'd buy it at $11. Wait time is usually 1-5 minutes as @CrocodileDundee already mentioned. With that method, you are not the one to start the bidding frenzy, but you still need to be quick on the closeouts, because there are probably more than just you employing the same strategy.
     
  16. m0ss

    m0ss Established Member

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    I always wait for the domain to hit closeout unless the domain gets a bid. The it's all engines go! I really thought no one else noticed SharperFocus com today. Then with 2 min left it got 6 bidders and went for 350. Same with treessme com

    When another bidder places a bid I just put a proxy bet where I evaluated the domain and check later.
     
  17. DNVantage

    DNVantage Established Member

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    Waiting till last couple of minutes is standard. No seasoned bidder wants to draw attention to the name by bidding earlier.

    If you really want the name, then it is too risky to wait for auction to be over without bids.

    I wait for the closeout, only when I don't have funds to get into bidding war.

    btw, you don't want to wait for the absolute last minute to bid, due to network lag issues. I have lost couple of domains as net connection had an intermittent glitch or increased lag. Also, server time is usually ahead of your browser page time by few seconds.

    Another tip, keep logged in from two browsers, if possible from two different computers or devices. I have lost an auction due to browser crash. Rare but happens. Refreshing the page on two separate browsers is easier. ( Alt-Tab, F5, Alt-Tab, F5, Alt-Tab, F5, ...)
     
  18. Domaingel

    Domaingel Established Member

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    I usually wait until the last 2 minutes to bid to avoid all the attention. Sometimes I get distracted and I come back and the auction is closed. :xf.frown: It sucks when it keeps extending the time and each time more people notice and start bidding, so sometime I bid when there is 5m 5secs left in the auction so it doesn't increase the time.
     
  19. DNVantage

    DNVantage Established Member

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    @Domaingel, 5m 5secs is a nice tip. Usually 5 secs is more than enough but 5m 15s/30s might be safer, *depending on net connection*, cause by the time GD server gets the bid, it might be less than 5 min's. My 8 mbps connection is quite flaky when there are too many users, I get random lags of a minute or more sometimes, specially during weekends!
     
  20. Domaingel

    Domaingel Established Member

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    I get glitches too or it timed out and I have to sign in again. I still only give myself a few seconds to add my bid because every second counts to avoid paying more.
     
  21. wwwweb

    wwwweb Top Member VIP

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    Is hugedomains still using this strategy it seems if you bid at the 5 minute mark, some kind of bot triggers with a $99 bid automatically, anybody else notice this?
     
  22. Grilled

    Grilled Be the change you want to see in the world VIP

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    Every domain I've bid on gets a bid with 6 minutes remaining. It frustrates the cheese out of me!
     
  23. wwwweb

    wwwweb Top Member VIP

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    Someobody has a script that picks up last minute bids, and bids upto $9x on them, it's very strange pattern, I last saw it when huge domains was bidding, just see who the winner is, if you lost out.

    You are showing your cards, don't bit let it go to closeout. Somebody is gaming the system with AI based on last minute attempts by people who want a certain domain.
     
  24. Asfas1000

    Asfas1000 Active Member VIP

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    It can't be that simple, otherwise someone with a "disposable" Godaddy account could bid on several worthless domains in the last 5 minutes and get them to pay $99 on each of them.
     
  25. wwwweb

    wwwweb Top Member VIP

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    Try it, it hasn't been ruled out
     

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