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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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.
Thanks for the response and I learned the hard way on the first trip. I will follow your directions this time. I bid max bid and was upset with the results from @booster because I lost around 8 sbd there and some from others also.
Make sure you wait until very close to the next vote time, otherwise more bids will come in after you and you’ll lose out.
The row in the table will turn green when it’s a good opportunity within 10 mins of the next vote.
I am enjoying the Steem Upvote Bot Tracker! This will mark the third time I have used it since finding out about it earlier. Ok Now I think I got it because first I bid max bid and the second time I put my bid in too early.
Glad to hear that! Patience is your friend. Most of the time there’s no profitable bidding opportunities. Just wait and check it every so often and see if one turns green.