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Yes, but the important point is that sniping prevents people from changing their minds and putting in successively higher "maximum" bids. If a bidder puts in what he considers to be his maximum bid,...

o***h made the stupid mistake of bidding $350 on Oct 31

y***g bid $45 on Nov 2 and discovered that o***h was still the high bidder
so he bid $80
then he bid $125
then he bid $175
then he bid...

If you look at the bidding history between the two bidders, it is clear that each kept sequentially bumping up his maximum bid. If one of them had instead set a snipe, then the other would not have...

Actually, two people really wanted it. This is a classic perfect example of why sniping is the only way to bid.