Free eBay sniper. eBay auction sniping made easy. An eBay bid sniper - Home is a good service to use.
Just remember that regardless of when your bid is placed, it still has to be the highest to win. EXCEPT, when 2 bids are the same or there isn't enough difference between them to meet ebay's minimum bid increment. In that case, the 1st one in wins.
So, if people were completely rational, the best strategy would be to bid the second an auction is listed. I'd stick with sniping.
(Automated) sniping is a convenience for people that want to avoid drawing early attention to an auction item, 'nibbling' bidders (bidders who have no max in mind, bid the minimun increment over and over until they're the high bid), and competitive emotional bidders and bidding wars that come with them, all of which normally result in a higher final price. If you have the time, you can do it manually.
Make sure you're eligible to bid on an item before scheduling a snipe (or doing it manually), so that your bid will be accepted. As long as you live in a country that the seller ships to, you don't have many unpaid strikes lately, and you have enough positive feedback, you should be ok. If you have a problem with one of those things, you could contact the seller and ask them to accept your bid, as long as you know early enough.
A couple more benefits of sniping:
1. Sniping is actually a way of combatting shill bidding - when the seller or his buddy bids on the item until they're the high bid, and know your max, then retract their bid, and use yet another account to bid on the item, bidding just below your max. You don't give the shiller time to retract their bid in order to leave you as the high bidder, close to your max. You can't do much about a shill bidder letting their bid ride to the end of the auction, if it just raises but doesn't exceed yours.
Also, look out for 2nd chance offers, as they would be a reason for the shiller to let their shill bid ride, you may want to decline any and look for a different seller with the same item. Unless of course, the price seems ok with you, even though possible artificially jacked up.
2. You can just cancel a snipe with up to 2 or 3 minutes before the end of an auction, if you change your mind about bidding on an item, and your bid won't be placed. If you place a bid on ebay and then retract it (not a seller's or ebay's favorite thing), you can be blocked from bidding on other auctions after doing this a few times, not sure what that # is.
Anyone bidding on ebay should understand ebay's ***** bidding system (increases your bid only until it is the high, or it has been exceeded), and have an idea about their bid increments:
Bid increments
Bid Increments
So werden Erh?hungsschritte berechnet (beim Bieten)