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e-sniped 

Act of being outbid on Ebay with 3 seconds left in an auction by an increment less than that of a dollar.
Person 1: Dude this auction is over in 6..5..4 seconds! This ducktape wallet is mine! 3..2..1..

*Refresh* (outbidded)

Person 2: Dude you just got e-sniped!

Person 1: DAMNIT!
e-sniped by Lance Irwin December 13, 2006
Related Words
e-sniped e-sniper e E-Boy E.M.A e-tard E-bay e-z E.Bola e-man
Ebay user who wait until three seconds before the end of an auction to put in their bid, giving others no chance of reacting. It's generally though of as unfair practise on ebay.
Bob thought he would win the book, but he was hit by an e-sniper!
e-sniper by Sandy Nisbet June 7, 2007