BuzzerBeater Forums

Dont forget that the full amount of any auto-bid has to be charged on the bidders account instantly, to avoid him going broke by spending money he doesnt have.

Yes you are right.
This is one of the things he will need to consider at the automatic biddings, but it is not a blocker for the feature.

You can also maybe want to add a feature that will allow him to bid several players and automaticly cancel a bid whenever another bid is being executed.
Meaning that in case a player want to buy one of two players, but only one of them, and he suceeded wining one of them, then the other auto-bid he sets is deleted.
This also raises questions (what to do if the other had already been bidded, for example), but it doesn't mean that it cannot be added as well.

No, youi cannot cancel any bids in the bb economy without leading for the system to collapse.

Actually, even with auto-bidding, there cannot be more than one auto-bid on any player if you think it through, because one of the auto-bids will automatically run onto his threshold once another auto-bid is in play. In the end, auto-bidding might not change anything at all in your favour ... still the one beeing up late might make the last move.

It´s just an attempt to lowball instead of bidding your real bet upfront in my view.

I'm not sure I understood what you wrote, but here is my opinion.

1) I don't agree regarding that it cannot be executed on BB engine.
It is very easy to implement and due to the fact that it is executed "behind the scene" it is even easier to implement it.

2) You can edit your auto-bid and of course you can put an online bid, even if you used the auto-bid system.
I don't understand the restriction / limitation you are speaking about.

On any player, there might not be more than one auto bid because ...

... once another auto-bid comes in, the two will cancel each other out till only one (the higher) reamains active.

-> So with the deadline approaching, there will be a bid-war between 2 or 3 online users and the once active autobid. Either the real users get tired soon, or they reach the threshhold of the autobid rather quick, in which case the auto bid drops out and is of no help to the user.

You shouldn´t be able to lower your auto bid to anything lower than the current bid, because every buck placed on a player can be spent by the seller at the very moment it´s placed.

So if you have multiple auto-bids out there, because of the first point in this thread all of them need to be valid "current" bids, so you cannot void them once any other get´s through.

Last edited by LA-seelenjaeger at 10/20/2011 10:58:29 AM

1) Again, as I wrote, this is an additional feature to the one disscused in this thread, and it's needed to be discussed appropriately, and possibly in a different thread.
As such, I didn't realy worked all the details for it.

Anyhow...

What I've wrote to this side feature was:
2) That an auto-bid can be deleted.
I didn't said that a bid (auto-bid or a regular one) that as been "bidded" could be canceled.
I even pointed out that this may be a case that is needed to be handled.

3) A solution to that may be to allow setting a single bid [not to be mistaken by the option to define multiple auto-bids].
Meaning that in case that a user defines two auto-bids, and one of his auto-bids had been raised/set, the others will not be set until his beed will be over-bid by a different user.
This will not cancel his bid, but will just not use it.

Example - two auto-bids up to 300K were set by user-A.
User-A gets the automatioc opportunity to set a bid (for player-a) of 30K (current bid) + 2% (or what the limit is).
He (automatically sets it).

Now player-b is also in a bid and its user-A turn to set a bid.
We will not get the opportunity to bid as he already has a "live" bid "under his name".

Now player-a had got bid from someone else.
User-A, when its "auto-turn" will come could now raise is new bid.

It´s just an attempt to lowball instead of bidding your real bet upfront in my view.

4) Again, the goal in a bid, by definition, is to get the best bid you can under your own limitations.
Definately putting the highest bid you thought worth it doen't work as such.

Last edited by Pini פיני at 10/20/2011 11:09:39 AM

The goal in a bid is to get something you want. It´s not by any means connected to a fair value return or such. It´s definately not "by definition" to get the best you can under limitations.

The goal in a bid is to get something you want. It´s not by any means connected to a fair value return or such. It´s definately not "by definition" to get the best you can under limitations.

It is not hard to prove this statement wrong.
Take a look at any bid - real-life or BB.
You will see a that some of the bidders are bidding more than just once with the max-value he planed to bid (as you implied).

Definition or not, this is the goal of a bidding process.
The seller doesn't set a price to be payed or not, but just a minimum price.
The buyer, one that wants to purchase the offered object, tries to get it as cheap as he can, and under the maximum amount of price he defined for himself he is willing to pay for that player.

Quite alot people overpay during an auction. Bidding is a way of finding a price based on request, not on value, by setting a minimum amount of "what you really want in exchange".

Most teams are not searching for the top return-on-investment, but are so focused on a guy they keep exceeding their limits only to get him. That´s not the exact definition on getting the desired object for the cheapest possible price.

An auction is a process that the one who set the bid will want the item bidded (by definition), but would like to pay for it (like anything in life) as low as he can, and below the maximum he wanted to bid (or at least below the maximum he can... it doesn't matter).

There is no reason why to bid all your money when you can bid less.

There is no reason why not to use an auto-bid feature.



BTW, just for knowledge and fun can you please translate the qoute you used at your messages?

Probably you haven't mentioned any of dozens troubles that occures regularly with trainings etc., feature that are scheduled for particular time ...

Restriction are not necessary, but I think of them just so that auto-bid is used only in situation when you can't be online.