What is a Vote Bidding Bot?
A Vote Bidding Bot enables you to place a Bid on a partial Upvote of it´s full strength. To always guarantee a 100% Vote being split among all Bidders it will only vote once every 2.4 hours. So let´s say your Bid equals 5% of the all Bids within the same 2.4 hour window, then you´ll receive a 5% Upvote respectively.
Due to the way Vote Bidding Bots work you´ll most probably never get a second Upvote of exactly the same strength. The Vote Value you´ll receive fully depends on the total Bids submitted and the height of your Bid respectively.
In order to make this all a little easier, let´s have a look at an example for @Bellyrub.
An Example for @Bellyrub!
Like mentioned above it all starts with the Vote Bidding, which is always open for about 2.4 hours. In our example there are three Steemians submitting a Vote on their Post. Alex transfers 5 SBD, Max throws in 3 SBD and Julia another 2 SBD. The whole Pot of this Voting Round therefore adds up to a total of 10SBD.
As soon as @Bellyrub reaches 100% Voting Power, the Bidding for this Round will be closed and the votes for all Participants will be calculated, which is illustrated in detail below.
Basically @Bellyrub only splits it 250$ Upvote among all Bidders according to the height of their submitted vote respectively. So in our Example Alex got a Bid of 5 SBD, which equals 50% of the whole Bid Pot and therefore he´s entitled to receive a 50% Vote on his Post, which was mentioned in the Memo of his transfer to @Bellyrub.
I hope that I could help you to make the concept of @Bellyrub a little easier to understand, so that no one will be disappointed in the end about his or her vote not being as high as 250$. For maximum returns, you may always check on the transfers to @Bellyrub, as this will give you an idea on how many people are participating in the current Vote Bidding round. The less there are, the higher your Vote will be ;)
Keep in mind the vote value changes with the steem price.
Hey so I made a bid on the last bidding round on @bellyrub, and my vote was 10% of my bid...it seems the bot has much less delegated SP all of the sudden. Any remedy on this? I lost quite a bit of sbd on this round. Thanks
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Well done.
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Good to know, thanks for the explanation. Where can we check the bidding time?
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wow amazing :)
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Hello @zeartul yesterday i transfer 1 sbd to bellyrub but until now no upvote :( i hope you can upvote or refund my 1sbd. Thanks
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I send my 1sbd last saturday. Pls upvote my post .
https://steemit.com/photography/@khenbee/quezon-circle-memorial-shrine
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I love your rubs. Keep up the good work @zeartul! Did you put a limit on the maximum bid, which you were planning to?
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It had been a long while since I @bellyrub 'd last, but the higher VP gave me the interest to try it out last night.
It was fun and informative... My return was looking Super good....Until a shark dove in and bid 95 sbd, at the end of that cycle.
But fortunately on the next cycle, a big Bellyrub I handed out seemed to do quite well!! This was nice too since it was a chance to help out a new Steemian: @public-eye
Thanks for the update and for the chance to give out some nice upvotes that I otherwise couldn't give!
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Ah, those bidding sharks. I hate them too! They seem to have so much money to waste.
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It was good for @zeartul / @bellyrub
Otherwise that round would maybe have lost money. I just had my hopes up and was thinking I'd get a couple homeruns. 1st base runs are okay too. I'm not gonna complain. :-P
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I am interested to join here. But how can I do that @zeartul
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last night I sent 1 SBD and I forgot to put my URL link to my post and I do not have a refund
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Gonna try this soon. Thanks for the infos.
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Hello @zeartul, you are great person and you have a smart personality. I want upvote you as a witness can you give me the link :)
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hey @zeartul
@richforever from alpha syndicate. im following ya now.
nice meeting ya
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bravooo a vous super...
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Hello @zeartul. I sent 1sbd to @bellyrub but i get only 0.11 in upvote! I think there are a problem in belly please fix it and i hope you re upvote my post. This is the link: https://steemit.com/food/@steemity-beauty/traditional-chinese-breakfast
All the best.
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