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RE: Bid-bot activity report -- 02/12/18 for previous 7 days. Who's paying the most to promote their articles?
Yes, you are correct. You don't actually have to have 300%, since 50% of what you get goes to SP which you still own, just cannot withdrawal it immediately.
It is pretty much impossible to get any bid-bot vote for much over 50% unless you really just get lucky or use the little ones like @bumper But even there, it can be worth it if you can get your post onto the trending or hot list.