Originally Posted by
Europoika
No, you wait till next round and then bid as late as you dare.
So for example A and B go to round one;
Round 1 - A bids early, B bids late -> B will be the winning bid next round
Round 2 - A waits and waits till the 'last second' and bids, B has no time to react and A wins
However if B bids on round 2 also, the bids will go to round 3. My general tactic is to bid early and then wait to see if the other person is one of the late bidders, if he is, next round I will wait and bid very late if he doens't bid and expects to win with the previous rounds bid.