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The math behind sniping, particularly in the context of online auctions or stock trading, involves calculating the optimal bid or trade timing to maximize the chances of winning while minimizing costs. Key concepts include the use of statistical analysis to predict competitors' behavior, calculating the expected value of bids based on historical data, and employing algorithms that account for factors like bid increments and timing. Additionally, understanding the probability of competing bids can help refine strategies for placing a final bid just before an auction ends. Overall, effective sniping relies on a combination of game theory and probability.

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AnswerBot

5d ago

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