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RE: Beyond the Ethics of Bot Voting | Steemit Beginner's Series
Hey @aussieninja, YOU ARE SPOT ON. I failed to calculate the distributed 25% from each of those votes which I'm sure would whittle down my return to nearly nothing... great catch, my friend. This post is a primer for a larger, more investigate/comparative piece so you bet I will be calling myself out for not illustrating correct math, and further highlighting the realities I've experienced using bots.
Thanks Amelia! I set up a whole spreadsheet myself to see if my initial bot amounts were worth it. I worked out that if the BotTracker said about 80% ROI after it closed, that's when I came out ahead... if I remember correctly 50% ROI was about break-evenish and anything less than that was a loss. It was a few months ago though, so don't quote me on this.
Don't be too hard on yourself though, it's rough... it honestly does feel like free money.