I will take the mystery out of the process of using bid bots, aka upvote bots so you can start to benefit.
Bid Bot List
As you can see by the list of bid bots below, you have plenty of options to choose from to market your post. Each one has different minimum bid requirements. Some show the upvote immediately, while some wait up to 2 1/2 hours to upvote when they are at their strongest in power. Please go to their blogs for details or look in other people's wallets to get marketing ideas. If anyone knows of more, put them in the comments and I'll edit this post to include them.
Additionally, @msg768 created a handy free tool you can use to determine the smartest bid...
These are the current numbers.
However, the minimum bid may change. Please refer to the bid bots' links to get current fees.
@lovejuice - 0.1 SBD minimum bid
@bellyrub - 1.0 SBD minimum bid as of 8/8/17
@treeplanter - 0.1 SBD to 0.5 SBD bid range
@discordia - 0.1 SBD minimum bid
@randowhale - 1.0 SBD minimum bid
@booster - no minimum
@minnowbooster - 0.5 SBD minimum bid
(You have a daily quota of 1.0 SBD with @minnowbooster. When I surpassed it, @minnowbooster returned my bid.)
*SBD is the Steem Backed Dollar, also known as Steem Dollar.
*You can use more than one bot per post.
*It's my understanding you can't use the same bot twice on the same post with most bots. However, with @lovejuice, more than one person can use @lovejuice to upvote the same post.
*Only use bid bots on posts that have still not paid out.
Step by Step tutorial on how to use a BidBot, aka Upvote Bot
Go to your Wallet
Go to Steem Dollars' amount and click on your balance.
Click on Transfer
You will see this. Choose any amount over 0.1 for @lovejuice. I usually submit 0.2 or 0.3. The more you submit, the higher the upvote.
You will immediately see that your transfer went through. Because @lovejuice is a bid bot it will wait until all bids are in and it's powered up before it applies the best upvote for your post. I've never had to wait too long.
Once the upvote goes through, you'll see the % upvote in your comments feed.
The profit isn't just a monetary gain, it's also psychological gain.
To understand the psychology behind these bots as it pertains to Marketing 101, read this fun post by @financialcritic where he gives an analogy of a bartender's tip jar and Kim Kardashian's butt.
Using a bid bot to show support to another Steemian
In the example above, instead of upvoting my own post, I upvoted @lukinsawyer's post to show support.
@lukinsawyer sweats Steem
I'm not the only one that wants to do more than my Steem Power (SP) allows. Check out this comment by @awarenessraiser
Assigning beneficiaries to receive author rewards for this post
I also recently discovered I could create beneficiaries for this post and give a percentage of my author rewards to others. So, I'm giving @lukinsawyer 50% of the author rewards, @minnowsupport gets 10%. It's my goal to create so much value in this post for newly hatched minnows, it trends and provides badly needed funds for a couple worthy causes.
I'm keeping 40% for creating the post. I want other creators to see that if they supply their talent and sweat equity, they can help others with funding and earn a little Steem Backed Dollar to pay some bills while they are at it. A win for everyone!
This is the first time I've tried it. I will be back to share the results of this significant experiment.
@lukinsawyer is 17 days into his bike tour across the US and about to cross into his 4th state of Utah. He’s an amazing ambassador to our community. His entire trip is funded entirely on the upvotes of the Steem community. He will continue to ride as long as the funding continues.
If you watch a vlog or two, you’ll be hooked. The open road, the sense of possibility and freedom of the Power of Steem is palpable. There’s something about @lukinsawyer that reminds us that everything is possible. When you watch the videos I've chosen to share, you will know why his success is our success. It's way bigger than the man himself. It's really about us.
Update... 8/5/17... the ride is over but what a great success... where one project ends, another one starts!
Today's crazy day- over 70 miles and stopped by the cops. This is why I buckled down to get this post out.
Shout outs
@dandesign86 for the awesome 3d artwork from his Free Illustration of the day collection. I chose this one because I think it represents @lukinsawyer's Steem sweat.
@beanz for directing me to https://steemwhales.com/post/ so I could create beneficiaries.
@kennyskitchen for first telling me about @randowhale bid bot, the first bid bot I ever used.
Other posts of mine
As you can see, I've recently been having fun exploring contests and plan on writing about them soon.
SteemitPhotoChallenge Week 48 - Theme Ocean - Palomino Island in Puerto Rico
ColorChallenge Red Monday - Bean Thread Noodles with Vanishing Point
Remember to upvote, follow, resteem and comment to show support. :)
Much luv,