Originally Posted by tambaberry
nobody will get sniped because the bid has to be inactive for 72 hours before it is a done deal.
The reason for this approach is that it's completely transparent, and also prevents bid sniping. If we have a blind close date and we've got 100 leagues active (or 1,000...), we'll constantly be getting complaints from conspiracy theorists. So our goal was to design a system where if you want a guy, you have every chance to go get him, and it's not subject to who can squeeze in the last bid before a deadline. (I wonder why e-bay doesn't go with this type of system. I bet it would produce higher bids.)
If you want a guy, you can't let him sit there with an offer in front of him. You have to bid. But if you bid, you're investing precious dollars that can't be used elsewhere so you'd better want the guy. You can try to bluff and drive someone's price up, but it would be a very risky and inefficient move for the most part.