re: Several events coming up in New Orleans area for EDM fans, plus Buku in March

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How does this work?

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It's not something I'd jump and try without reading up on re-bid zones and getting a general idea of what to bid.
If you use betterbidding.com and go to the New Orleans section, you'll find a thread with a list of the hotels that are usually in each star range.

Honestly, if you're bidding for Buku, I can tell you that you can probably get another 4-star for $60 like I did. If by some chance it denies you, you could definitely get a 3-3.5 star for that price.

The re-bid methods are the trick. Once a bid is rejected, you cannot just bid more money. You must either pick another area in addition to your area or pick another star level in addition to your level. The best re-bid method if they're just denying your bids on say, 4 stars, is to pick areas that don't have ANY of 4-stars.. like Kenner or something. Then you up your bid, and they have to give you 4 star because it's what you chose. So you won't be stuck in Kenner.

I suck at explaining and this probably all sounds very confusing to you, but play around on betterbidding.com and you'll learn how it works.

Keep in mind, you don't know what hotel you'll get until it is booked. You are bidding blindly. But I promise anything with a decent star level will be just fine. They have to go by the stars and area you choose.

I got my hotel a week or so ago. I would assume it's still fairly easy, but as the weekend gets closer, they might deem it a "busy" time and bidding will be difficult.

For example, you could never go Name Your Own Price for Mardi Gras or Jazz Fest or Superbowl