Quote:
Originally Posted by pmax
A shill bid is entered after seeing the buyer's hand.
Wanna play cards sometime ?
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No, a shill bid is not like seeing the buyer's hand. I don't go all-in when I get my first cards, ever. I wait and see what the rest of the table is doing along with judging the strength of my hand. I'll throw down a low raise to build the pot, maybe more than one. It's part of the strategy.
In buying on eBay, I'll bid up to what I'm comfortable spending, no matter what the other bidders are doing. And usually that comfort level takes into consideration the possibility of shill bidding. If I don't think the price is a bargain - for car parts, bicycle parts, antique toasters, used skis or whatever, I stop bidding. If I got a bargain instead of a super-terrific extra-special bargain, then I guess everybody wins. I get a bargain, the seller makes more money, eBay makes more money, smiles all around.
And I didn't get an extra-super-duper bargain, well, it's my money I'm spending, right?