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You are absolutely right. The main problem of this bot is that the bidding is depends on other bidders as well. Anyone can bid any amount at any time; thats the problem.

In that case, there is a chance of losing some Steem or SBD which bots don't lock the minimum ROI and chance of gaining more which don't lock maximum ROI limit.

If all bidders are conscious and calculative, then its impossible to lose any Steem or SBD. Like if the total bodding amount is around 60% of total vote value, then no new bidder should bid (attend) in this bot. Otherwise previous bidders along with this new bidder will lose all together.

Thats it. Have to be calculative during bidding. And those bots have min and max ROI cap, are secured bots although ROI is low(around 10%, 12%, 15% etc)

The ROI is showing by this website is (ROI after curation). That means its your ultimate actual Author reward (Return on Investment in percentage) You can check there.
Thank you

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