Ok, so I know I'm fairly new to steemit...
I was lucky enough to learn about a great bot called @booster.
In theory, it makes sense...a large whale delegates power to an account that can auto-vote at 100% every 2.4 hours to give max profitability for that account.
The math, however, didn't add up...mainly because I was unaware how to calculate how much a vote was worth at 100% voting power. Luckily, a tool was shown to me, created by @blueorgy (great name by the way):
http://steem.cool/booster/
So great, now the math made more sense, and you can see the investments involved before the round ends.
Things were going so well...but then boom:
LARGE DEPOSITS!
It was at this point, I knew that booster will eventually be doomed until people learned the math behind the votes.
To keep it simple, large deposits reduces the rewards for everyone, not just you "mr/ms large depositor". The profit comes from the excess voting power not claimed. By sending booster $20 when it only has a voting power value of $50, you've removed a full 40% from the excess power that can be used for profit.
Yea, it might get claimed by other, but damnit...give others a chance to profit as well instead of taking a big chunk for yourself. KEEP IT SMALL...KEEP IT SIMPLE!
At some point, I see booster creating some limitations per round for each user and deposit size eventually in order to survive.
Heck, I'd probably code in a cap on the deposits based on the upvote value so I could leave some room for everyone in the current round to potentially profit...
...but hey, who am I.
Interesting post, I didn't know about @booster
I got a bellyRub and this post has received a 0.57 % upvote from @bellyrub thanks to: @zeartul.
I posted a link to this post in the comment section of @booster's latest post, so others, deciding if @booster is right for them, can make a better decision.
You can find the comment Here.