back ordering domain names?

Does anyone have any advice on how to back order domain names? It looks like there are a hand full of companies that will help you do this…but from what I’ve seen it looks like they set up a blind bidding process for domain names. It seems like this just sets up a scenario where you might be bidding against the domain back ordering company, and thus inflating the price. The domain is a client’s business name that they mistakenly let the registration lapse, and is not some hot domain property…so competition for it should be low. Should I just wait till the domain is deleted from ICANN, or should I try a back ordering company?
Any advice?

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