BuzzerBeater Forums

As the original "Auto-bid auction-system" had not been defined by me, I want to raise this issue again, and define it as a separate suggestion.
I will set a reply to this message with an example.
I will set another message that will summarize all Q and A to claims against this system.

The suggestion:
1) A user/manager decides that he wants to purchase a ceratain player, and he knows its minimum value and the max value he is willing to pay for that player.

2) Like in the real world, the agents (from both sides) are the ones who usualy close the deal.
Here the agent is the auto-system.
The user will set the maximum price for the auto-bid he wish to bid, but NOT as the current bidding, only the limit.

3) The last auto-bid setting could be done up to 5 minutes before actual auction starts.

4) When the auction time arrives, the bids will be raised automatically.
Basically in case there are three auto-biddings with the same max price, than each one of them upon order will set the next bid. [Meaning User1, User2, User3, User1, etc. when each bid is the minimum allowed to raise the bid]

5) Before setting the last bid from all auto-bidding's definitions, there will be one minute and an half (from the three minutes define for last bid to close the auction. At this time, online-users will be allowed to set thier bids.
[Without this suggestion, all those "auto-bids" will need to set their max-bid as their only bid, so it does not harm the auction from this point on.]

6) In case there will not be any bidding at this one and an half minutes from an online users (the online bidding may take more than one round), than the auto-bidders (if still has value) will set their bid.
And so on.

Users who has less flexible time (work, sleeping hours, real-life...) should not suffer from this system which is not fair for all users.

The example:

A player was added to the TL with a starting value of 1K.
There are three auto-bidders A, B, C with the following limits [10K, 20K, 20K], this order is the order they set their auto-bid request.
For easy explanation we will assume that the difference between each bidding should be at least 1K.

1) Auction start with the auto-system calculating the starting point for the live-bidding.
The calculation will be -A set 1K, B set 2K, C set 3K, A set 4K, B set 5K, etc.
It will stop at 19K which will be of user-B.
This will be done automatically ("offline"), and will not cost time from when the auction starts.

2) At this point the online bidders could set their bidding (at the first one minute and an half after each bid).

3) In case there was no online-bid at this time (one and an half minutes from last bid), User-C will set the final auto-bid.
Now there will be the full 3 minutes for the online bidders to bid (basically, at this point the auction acts like the regular auction-system).

-------------------------
Now let change it a little bit.
In this scenario User B set an higher auto-bid value of 30K.
The online-auction will start the same (from point-2 aboce).

2) Let assume that the online bidders got up to 25K before waiting more than the "one and an half minutes" defined above.

3) So now the auto-bid continue and set the 26K value (as the current bid is below the 30K limit).
And we back to the second step - the online-users can raise this bid at the following three minutes.
And so on.

Last edited by Pini פיני at 12/6/2011 1:35:19 PM

Here is the message that will gather all claims agains and the answer to them.

this suggestion is pretty old from you, and discussed most likely above 50 post, and you still didn't understant any argument against it or forgot them all ;)

But this need definately not another thread, where we talk always the same.