Ugh, I hate all this anti-snipe talk. I like sniping, for this simple scenario. Lets say you want a warlords cocktail. You are willing to spend $500.
Early bidder Richard Weed wants to spend 300....ish.
Now, First option, you bid early, full amount.
Richard bids his 300, and finds that he lost. So he bids 10 more. And then another 10 more. And a final 20 more, in a vain attempt to beat your final bid. You spend 341.00
Now, second option, you bid with a snipe at the end.
Richard thought he was winning with 300, and then boom, loses in the last second for 301.00.
Now, with your first option, That Dick Weed cost you an extra 40 bucks, because he thought he had a chance to win the item. I'll stick to sniping, thanks.