Snapnames will *try* to register the name for $60. The better the name, the more likely it is they'll fail. They seem to treat all names equally, so they're always trying to register 100,000 names on their watch list. Other services that allow "bidding" on names, with payment only for success, adjust their priorities, so if they have a $100,000 bid on pussy.com and a $50 bid on freenastypussy.com, they might put 99.9% of their retry efforts on pussy.com. That's an oversimplification, as different services also factor in their own estimates of when specific names will drop, but Snapnames doesn't seem to do this well.
There is no way to register the name before it drops. The only thing you can do pre-drop is try to contact the previous owner and make an offer on the name.
In general, you can guarantee that lots of domain pros will be aware of the same name expiring, and will have run various metrics on its value, so if it's any good, you'll be competing against these pros. If it's a name that just strikes your fancy, but wouldn't really have much value to others (maybe a funny play on words or something), then you have a better chance of getting it.
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