Drew,
After losing many auctions to last second bids, I bought a book about Ebay and read about some of the tricks to winning bids. Here are some tips that might help in the future.
1. Make sure your computer time is the same as ebays. There is a place on ebay where you can check there time with yours. It needs to be the same.
2. Check your "time to post". How long on average does it take to post a bid?
You can time this by bidding low on high dollar items. use a stopwatch to check how long it takes from clicking the "place bid" box till the screen changes and tells you your bid results. this amount of time will change with traffic but if you do it enough you will get a average time. my average is 3 seconds.
3. When the end of the auction is close (less then 5 mins is good) open the main page and go thru the bidding process with the highest bid you are willing to spend. Do not send the bid. Min. the window and open another from the main page and start clicking refresh. watch the bid after each refresh. open your computer clock so you can watch the second hand.
keep clicking refresh.
4.while watching your computer clock second hand, when you get to your "time to post" click on your "place bid" box if you have been outbidded.
Keep in mind this will not always work because the other bidders are doing the same thing, but everyonce in a while your bid will get placed at the very last second and you will win only because time ran out.
This is called snipping.
Only bid what you are willing to pay for that item and nothing higher. Alot of people overpay because they get caught up in a bidding war the last few seconds and then regret it later. If you watch auctions you will get a ideal on what simular items are going for. I won 3 auctions for thk ssr20's and rails by doing this and i paid a very low price for them, the seller was not happy.
Good luck
Chuck
Aspire, VCPro, PhotoVCarve, Cut3D, Mach3, Home built CnC.