Backordering my first domain – have questions about Godaddy

A domain I want is now "Pending Delete". The original owner had it registered with GoDaddy. I placed a GoDaddy backorder a month ago when I saw it was expiring.

I have now read that Godaddy Backorders are worthless? If so, should I remove it?

1) Is it true that the domain pending delete will automatically end up at GoDaddy auctions?
2) Does my GD backorder hurt my efforts by bringing more attention to the domain?
3) What would be my best chance to drop catch this domain if it's…

Backordering my first domain – have questions about Godaddy