SF
Well-known member
AngusLimoX":ary5qg2k said:TurnThatCowLooseMaw":ary5qg2k said:Ive seen some dishonest things going on at sales. Namely people bidding on their own cattle or having someone they know (silent bidder) to drive up the price of their cattle.
Nothing dishonest about that, it's done all the time. Called "bidding them in" I believe.
Auctioneer still gets his cut, why would he care?
What is the diff between that and a reserve bid?
Now "ghost bidders" , thats a different story.
Some call this just protecting your investment (cattle). If you don't look out for yourself, no one else will for sure. The buyers are certainly not going to be looking out for you.
What is a ghost bidder?