Upvote bots & How to get the maximum benefit
My husband is actively promoting his blog. Using the apvote bots. But with the invasion of new people who do not understand how to do it correctly, the use of promotion services is not justified.
In this material I will try to explain his arguments and give you a fairly simple math. How to calculate the profitability of a bet. And decide whether to do it.
Already a lot of materials are written on the topic of how the payment is distributed. Many people know that you receive 75% of the payment amount, and 25% go to the curators. Also, any user knows that his received money by default goes 50% in Steam dollars, and 50% by virtue of the Steam vote. And this is the most profitable option.
If you want to effectively increase your voice, with the help of bots. You need to calculate the profitability of the bet very correctly.
But before that you also need to know that the amount shown to you before payment will always be greater than the payment itself. Here is an example: For you, several people voted for you within 1-7 days, and until the payment is shown, the amount of $15 SBD is shown. But this does not mean that you will receive $ 15 - 25% Curation= $ 11.25 your SBD.
In practice, the amount received will be less. After receiving the payment, you will be allocated 13, 12 or even less dollars. Since the payment depends on the distribution of the pool. And its always a little less than the amount of the promised payment. As a result, the shortage is blocked by the fact that the payments to all users are reduced.
For this, if you have one number, and then you get less, do not be surprised. But this should also be taken into account, in order to maximize the benefits.
On average, the amount withheld from fees collecting fees totaling up to $50 SBD is from 1 to 5$ SBD.
After you received a payment from it, 25% is given to the curators, and the remaining 75% is divided into two parts 50% in the incentive dollars, and 50% by the voice of the incentive.
Continuing the example with the post for which until the moment of payment is the amount of $ 15 SBD . we get real $ 12.43 SBD of which 25% are given to curators. Your 9.32$ SDB/ 2 (50% / 50%) = $4.66 SBD and 2.33 STEEM POWER
To get income Using bots, you need to receive more than 300% of the benefits of the bet. Otherwise, you lose. And just spend your money in the empty to the place to develop your account.
But this is not understood by everyone and many are making stupid bets. Looking at the calculator indicators that do not take into account the entire distribution of the pool.
If you really want to increase the power of Steam, you are more profitable to buy for 1 dollar Steam = 5 Steem.
Since you will not get more than 300% of the bets on stakes, silly players.
Let's take the example of the bot @upme, its maximum quota at the moment is 403.84 SBD (100%)
If you even get it completely. You will not be with $403.84 SBD - 25% = $302.88 SBD / 2 = $ 151.44 SBD and 75.72 STEEM POWER.
You will get much less. The larger the amount of the payment received, the more part you will not get.
And you get somewhere around $ 100-120 and 50-60 Steem Power. And this is in ideal conditions.
But the data of his last round:
Total Vote Value: $403.84 SBD (100%)
Total Bids: $320.33 SBD
At a bet of $1.5 SBD = $1.89 SBD of the vote.
$5 SBD = $6.30 SBD
$10 SBD = $12.61 SBD
$30 SBD = $37.82 SBD
As a result, those who put $ 1.5 SBD received back $ 0.708 SBD and 0.354 Stem Power. since 0.354 stem can be bought at the exchange for $ 0.070 SBD. Their losses are. 1.5-0.07 = 1.43 (if you bought steem) - 0.708 $ (which you received back) = $0.722 SBD (Losses)
And this is in ideal conditions if you have enough pool for payment, which does not happen. As a result, the losses will be even more significant.
The one who bet $ 30 SBD and got Upvote at $ 37.82 SBD (if you received that number of payments promised) after paying the curators 25% $ 28.365 SBD of which $ 14.182 SBD and 7.091 Steem Power. 7,091 Stem could be bought for $ 1,418 SBD As a result Guaranteed lost $30 SBD Bet - 14.182 SBD received back and -1.418SBD (stand for 7.091 Steem) = $14.4 SBD Losses.
And this again, without the ideal conditions, if all the promised payments coincided with the real ones. In reality, the loss is much greater.
Summarizing the above, it can be argued that the use of UPVOTE Bots to increase the voice power is not cost-effective. If there are uneducated users. Which are not properly looking at the given figures of projected incomes make rates at the last minute.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by taivmi from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.
@OriginalWorks Objectively, and very correctly painted.
The @OriginalWorks bot has determined this post by @taivmi to be original material and upvoted it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!