You get the winning experience when you snipe. If you have some sort of fist-pumping reaction when you beat out FNB for the Sulka pjs at 4am, more power to you.
There are no contractual obligations on ebay. No one has ever been forced to send something, no one has ever been forced to pay for something.
Complain to ebay, complain to paypal, leave him a negative, but no shoes for you.