I don't care if you have no idea how much that new set of luggage costs. If you're the last person to go on bidders' row, you bid either $1 or $1 more than someone else. It gives you the best chance of winning.
This is not rocket science.
And yet, today we have Pheleta, who after bids of (in order) $912, $800, $499 on the his/her watches, goes with...
I mean, why bid $801 when you can decrease your chances of winning by about 90 percent?
Pheleta did not win.
Nor did she learn her lesson. In the very next round, Pheleta was again the fourth to bid, and after submissions of $600, $400 and $620 on the Wii family package, she goes with...
Alas, even this blind squirrel found her nut. Life is not fair, sometimes.
Passing the buck
In clutch situations - be it sports, game shows, or everyday life - winners rise to the top and take responsibility. Losers blow it and find someone else to blame.
