Recently, I have seen more and more often that people use bidding bots quite inefficiently.

So today I decided to write this article for those who are not fully aware of this type of bidding bots vote and for all those who already use them but do not consider their profit.

Who are the bidding bots in steemit?

There are a lot of bidding bots but these are the more famous ones:

Hive account@booster - bids open every 2.4 hours, 100% Upvote Value(SBD): around 100$, suggested minimum bid - 1$, bonus upvote from - Hive account@fyrstikken

Hive account@bellyrub - bids open every 2.4 hours, 100% Upvote Value(SBD): around 25$, suggested minimum bid - 1$, bonus upvote from - Hive account@zeartul ( if picks you )

Hive account@discordia - bids open every 2.4 hours, 100% Upvote Value(SBD): around 3.79$, bonus upvote from - Hive account@ausbitbank( random )

Hive account@buildawhale - bids open every 2.4 hours, 100% Upvote Value(SBD): around 3.17$, suggested minimum bid - 0.1$, bonus upvotes from - Hive account@chiefmappster( i guess )

Hive account@nettybot - bids open every 1.2 hours, 50% Upvote Value(SBD): around 1.03$, suggested minimum bid - 0.1$, bonus upvotes from - Hive account@netuoso ( in some cases )

Hive account@lovejuice - bids open every 1.2 hours, 100% Upvote Value(SBD): around 1.91$, suggested minimum bid - 0.1$

How to use these bidding bots?

Simply send the amount you want to join this round of the desired bidding bot and copy the address of your post into the memo field

Example:

How to place a smart bid and get some profit?

Thanks to the Hive account@msg768 this is very easy. Open the following link in the browser - https://rawgit.com/msg768/mysteemit/master/bidder.html

Type the bidding bot name in the first input field and press - START. Enter the amount you want to bid in the second field and click on - CALCULATE

You will see something like this:

Check the post from Hive account@msg768 with detailed explanation - https://steemit.com/steemit/@msg768/new-steem-tool-analyze-dr-otto-s-bids-and-place-the-smartest-bid

Examples of inefficiently using of bidding bots

In this case bid with 0.1$ will return upvote for 0.07$

In this bidding round bid with 1$ return 0.84$ upvote

What are the benefits of pay for Votes?

Obviously, when the amount of upvote is greater than you spend, you are in profit. Also, your post gets weight and can be seen by more people.

Here's a link to a helpful article with a detailed explanation, thanks to Hive account@inertia - https://steemit.com/curation/@inertia/benefits-of-pay-for-votes

Conclusion

In some cases, it is profitable to use bidding bots in someone is not, please use the calculator and judge for yourself.

Pro tip: Submit your post 10-20 minutes before ending a bidding round to climb up the hot category and catch some other upvotes.

Using bidding bots smartly