I have a question. The upper bound for the bid-vote you run is 10%. What do you do with the voting power when it is not covered by the bids? This last round, the bot did not get any bids. I was looking for a bot to bid, and I did not choose yours because of the 10% upper limit when there are better options.
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Hey @capatazche, great questions. But I think you're misunderstanding how the bots function. The software automatically calculates how much upvote you should get to give you a 10% ROI... unless the voting round is full and then it could go as low as -10% ROI.
But let's say I receive only one bid for .50 SBD. Obviously this person shouldn't get an upvote worth $12 and set the next round back 2.4 hours (this is why the max is set; to protect my delegators). But I also don't want people to spend too much on their upvote, which is why the -10% is set. But if the round doesn't fill up then my account doesn't upvote its full 100% so the rounds go by quicker.
Anyways, you should really want to use a bot that has these parameters set. Typically if they don't have a max, then they don't have a minimum ROI either. Which means they don't care if you overspend on their upvote. Also, keep in mind that with my bot you're getting so much more than an upvote. My account has a 62 reputation which most bots don't have. So for .10 SBD or higher you can increase your own reputation by using my service. But that should just be seen as icing on the cake. :)
I see, so if the round is not full, then the next just happens sooner. That answers my question. Thank you. Regarding the upper and lower bounds, I like playing with that risk. Therefore I actually see that as something positive.