Webwork - 3:38 pm on Oct 31, 2012 (gmt 0)
You never "get beat" (screw yourself) at auction if you never bid impulsively.
Set your budget. Stick to it. Walk away, if not happy, at least content - knowing you acted with discipline, according to plan / sound strategy / finance.
If the last bid was $10 more than yours KNOW that IF you acted impulsively you might have entered a round of bidding that could have ended with you spending thousands of dollars over budget. Practice the art of "don't look back".
Do I trust actions where "admin level" staff can see pre-set automatic bids? No, but that's a known risk. Bid late. Stick to your budget. That way you're less likely to look back and think "I overpaid".