Tired of losing out on eBay auctions when someone makes a last-second bid and you don't have time to react? If this has happened to you, you have been sniped. Sniping is the act of making a last-second bid in an auction with the hope that nobody else will have time to react to the bid.

auctionsniper is a service that will allow you to be on the other side of this coin. With auctionsniper, you can set up your maximum bid and they then monitor the auction electronically. If anyone tries to make a last-second move on your item, they can react in time so that you can still win the auction.

According to eBay, sniping is a totally legal so long as you honor the bid that you make.