terriers wrote:Potentially retarded question just want to make sure I don't screw myself. Doesn't it make sense to use all of our points in the Round 1 bidding? We only get charged the amount of points that a class goes for right? So if I bid 800 on a class and it goes for 100, I only get charged 100. And also, if we bid a lot for a class and decide that the price it goes for is too much, we can just withdraw and get our points back.
So if I hypothetically bid 5 classes equally and have 5,000 points, wouldn't it just make sense to bid 1,000 per class (I know CAESAR won't actually let you do identical bids) with the knowledge that you'll get the vast majority of those points back and that if a class does go for 1,000 and you don't want to spend that much on it, you can just cancel the bid before Round 2?
Sorry if this already got covered.
Your points are renewed every year, not every semester, so what you have has to get you through the spring too.
Yeah I know, but my point is that you're still able to get most/all of your points back after Round 1 bidding, you only lose the points after Round 2. So before Round 1, why not just spend all your points and then pull back before Round 2 if you need to.
Going back to the hypothetical, say you spend 1,000 points per course for 5 courses and each course goes for 200 points. Even though you bid all of your points in Round 1, you'd only end up actually spending 1,000 and you'd have 4,000 for spring.