The dilemma is that the bid is fixing something (the defense of the UK) which isn’t broken. The UK can defend itself, it just can’t project power very well against the Germans.
I’ve never been exactly sure why the bid doesn’t go to some element of Russia, especially to give the eastern forces…something. Anything. The Russians may not need whatever is purchased on R1 but as long as its there R4-6 it’ll get used purposefully.
The problem with the game writ large is that Russia is underpowered and there is no way that it can stand the combination of Germany and Japan. Japan can fly its entire air force to German held Russian territory; the move is pretty much impossible to stop. No matter what you have stacked up in Russia, no matter what you did with US buys, or how much of a bid there was can prevent the strangle and smash on Russia.
Germany and Italy alone are enough to destroy Russia, so there’s pretty much no way it can stop a full Axis press.
Preserving some UK fleet doesn’t really change any of these factors, it doesn’t get the UK much more ready to fight the Germans than they are without a fleet. Without the cross-cover and cooperation of the US, even with all of its money the UK is very easy to fend off.
It can build in Persia, Egypt or Iraq, but funding those operations and units is all it can do, it cant also build planes or ships.
The short answer;
“Without a bid, The Axis can smash Russia before the conduct of the Allies (what they attack or purchase, the choices they make) even matter.”
In our last game 97G40, the Axis virtually ignored every other power (UKPAC, UKATL, ANZAC, US) besides Russia and China and this is really smart because all of the ignored powers are weak and cannot project power even at maximum income.