What is the ideal buffer time for a last-minute-bid?
A “buffer” is the number of seconds before the end of the auction that BidRobot attempts to place your bid. BidRobot makes the best choice of a buffer time based on information it gathers at the time just before the bid. BidRobot “pings” ebay and determines eBay’s response time and Internet congestion. Based on this, it automatically sets the buffer time between six and 10 seconds. Since we started doing this in 2001, the number of successfully submitted bids has increased substantially.
Related Questions
- Do the stats under the heading "Histogram: Aggregated Time Avg Arrival Occupancy for Input Buffer 1" refer to the average seen by arrivals or the time occupancy averages?
- What do OUTPUT BUFFER ARRIVAL STATS, OUTPUT BUFFER DEPARTURE STATS, OUTPUT BUFFER TIME AVERAGE OCCUPANCY STATS mean?
- What is the ideal buffer time?