You are the winning EBAY bidder on that collectible that you want and in the last seconds of the auction a higher bid appears out of nowhere - you have no time to bid again - what happen? You have been sniped!
When you begin using LASTBID, you will avoid showing your hand too soon. LASTBID waits to submit your bid at the last possible second, after most bids are placed. LASTBID can avoid bidding wars, by keeping your maximum amount a secret. It will only use the minimal amount of money to keep your bid in competition with other bids.