RE: Introducing the Steem Upvote Bot Tracker! by blockgators

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Viewing a response to: @yabapmatt/introducing-the-steem-upvote-bot-tracker

utopian-io · @blockgators · Oct 5 '17 (edited)

$0.03

Great tool I can't wait to try it out. How do it affect the rate of a post if you have all the voting bot vote on the same one as far as Author and Curator? Can you explain to me what Max Profitable bid means. I am thinking that the most I should send to the upvote bot. Am I correct?👽

👍 yabapmatt

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@yabapmatt · Oct 5 '17

$0.65

Hey, not sure I completely understand your question, but the number of bots that vote on your post doesn't affect the split between author and curation rewards.

30 minutes after you post, any upvote rewards will be split 25% curators and 75% author.

Before 30 minutes it's a linear (i think?) scale going from 100% author rewards for an upvote immediately after the post is made and down to 75% at 30 minutes.

So for the max possible payout from bots you want to have them vote as soon after you post as possible. @minnowbooster is great for this since it can be used profitably at any time as long as you're under the limits.

Let me know if that doesn't answer your question!

👍 yabapmatt, blockgators

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@blockgators · Oct 5 '17

Yes. Thanks for advising me on this question! I get it now. I was thinking about that before I read about this wonderful post.
I was on your website and for the Bid-Based Voting Bots I came across the column that says' Max Profitable Bid. Is that the suggested amount to bid to get the best possible upvote?

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@yabapmatt · Oct 5 '17

$0.63

No, not exactly. The way the math works out the lower you bid the higher the return on your investment will be, so for the best possible ROI you should always bid the bot minimum.

The Max Profitable Bid amount is the maximum amount you could bid before the ROI goes negative (taking 25% curation reward into account). So if you bid exactly the Max Profitable Bid then you should get back exactly what you put in (again after the 25% curation reward).

I typically like to bid around half the Max Profitable Bid but it's really up to your preferences.

👍 yabapmatt

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4 replies