Okay, the Social Cigar thread got contentious, with lots of accusation, invective, and slights against the stereotypical behaviors of a certain race/religion. Let's discuss this on the likely facts, please.
First of all Famous Smoke is a business, and their goal is to make money. As a business, their job is to separate a man from his cash while providing that man with incentive to keep parting with that cash. That's their prerogative. So let's not start throwing the greed label around. Your local B&M is trying just as hard to get into your wallet.
The Cigar Sniper format may let one guy buy a box of cigars for $10 (plus the $20 in bids he used to snag it), but hooks in the other 4-5 guys that dropped $20 in bids to roll that into paying the fuller, more profitable price for the box of cigars. The guys that only put $2-5 in bids on the box will likely just leave that $$ on the table for Famous to collect (pure profit, cha-ching). All in all, a profitable venture.
Just not off me. The success of the Cigar Sniper format will depend on wealthy idiots and guys that can't do the math, and I am neither.
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