Break-even point today is $1.84 vote value for 1 SBD and $2.47 vote value for 1 Steem.
Why this information
I am providing this information for those who would like to use bid-bots or other voting services to upvote their posts with unique high-quality contents. They can use this information to determine at what point it is profitable or not in making a bot purchase.
One of the common mistakes people make in using bid-bots or other voting services is thinking that as long as they get $1 vote value for $1 SBD bid or $1 Steem bid, they are breaking even. However, in reality, it is not! (Up to 25% of vote value goes to curators and half of the remaining is divided by steem price.)
Please see table below for ROIs from 1.50x to 3.00x vote value.
| Bid-Bots ROI Update | by @cheneats |
|---|---|
| Datetime (UTC) | 2018-05-22T00:00:02 |
| SBD Price | 2.23181 |
| Steem Price | 2.99383 |
| SBD Break-Even Point | 1.84x |
| Steem Break-Even Point | 2.47x |
| Vote Value / Bid Ratio | 1.50x | 1.75x | 2.00x | 2.25x | 2.50x | 2.75x | 3.00x |
| SBD ROI | -18.55% | -4.97% | 8.61% | 22.18% | 35.76% | 49.33% | 62.91% |
| Steem ROI | -39.28% | -29.16% | -19.04% | -8.92% | 1.20% | 11.32% | 21.44% |
Author Reward = 37.5% of vote value in SBD + 37.5% of vote value in Steem (divided by steem price)
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