Upvote bots are accounts backed by programming scripts which automatically votes on your post when you send sbd or steem with your post link as memo. Recently most require only sbd and the votes are done in rounds, this is to ensure the voting power gets back to 100%.

Source: Pixabay

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Bids

During a bidding round, sbd are sent in from various accounts, making yo obtain a fraction of the upvot. Assuming Jerry and Ama send in a bid of 1 SBD each during a bidding round and they alone are participants, that means they get 50% upvote each at the end of that round.

If King joined in the bidding with 2 SBD, that means that the total sbd sent is 4 SBD hence giving king a 50% upvote and Ama and Jerry with 25% upvote during the round. If King had sent 8 SBD bringing the total pool to 10, he would have swooped 80% up upvote, leaving Jerry and Ama with 10% upvote each.

What Is The Senario Today?

At first, very few people knew about voting bots and one could anticipate and monitor to find out when the bids are less and make good return. 1 SBD could get a $2 to even $4 upvote but now, it is not so.
You may not even get an upvote equivalent to what you.

Why, Did The System Fail?

The bot system is great. It provide the necessary visibility to post when you believe your post is worth it and enable it catch the eyes of people.

I see people always complaining in voting bot replies that they sent X sbd and received Y sbd and are not happy because it is less than what they paid for.

1. Lack Of a Knowledge

Find out how much steem power and potential value of upvote at 100%. How many people have made a bid and total SBD sent in for a round. And how much time is left for round to end.

2. People are Greedy

People think sending in large amounts give large upvotes. I'm sending 10 SBD to a bot whose upvote at 100% is $8 and you would be competing with others for it.....

3. Tools To Use

You can use this great tool by @yabapmatt, a steemit witness, to make back at least what we invest

https://s3.amazonaws.com/yabapmatt/bottracker/bottracker.html#paid

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Source : Pixabay

The world is continually evolving and new things come up

What's the next upgrade

I think a system adopted by some can help.....

• Set large bids aside and let them compete for that round

• Also a threshold at the value of bot can be set and ensure at least, you get what you put in (actually you lose 25% in curation reward)

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This is @anaman from #teamghana

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