Are there any statistically proven strategies that one can follow in Auctions ?

Question

Are there any theoritical techniques methods etc which is optimal : like optimal time to bid, optimal amount to bid etc ?

Answer 1

In an auction, the bidding at any one time is between two people, but the two people can change rapidly.
Bid when the changing slows down dramatically.

Before you star bidding set the maximum amount you are prepared to go to - and STICK TO IT

Answer 2

you have to make assumtions , for instance the distributions of the calls, once you have that you can derive opt time to bid.