I've tried many things in the past days to make BetBot a product with a cash flow that is not always negative.
Since the release, the bot has mostly been in the red. I've put around 600 SCR in the pool to start the project. And thanks to many contributors that came later on to the rescue, I've managed to always keep this pool with enough SCR to keep the bot running.
Big thanks to @brandonk, @tuck-fheman, @costanza and @btb.
But I don't want to just lose money with that. The early beta testers were lucky enough to get a 10% bonus on any odds and game, but sadly I have to announce this is over now. At least, some of it.
Some Changes
I've changed the logic of the bot to force the users to take more risks. It was way too easy to always bet on the safe side with an added 10% bonus, so with time everyone was doing this and the bot ROI was going down really fast.
So what I did is a change to that rule. For any bets where the odds are
- over @2.4, you get 10% bonus vs Pinnacle
- between @1.6 and @2.4, you get 0% bonus
- under 1.6, you get -10%
The whole point is to make Betbot sustainable. If I end up making some money, I'll see if I can redistribute that money to the bettors. That'd be pretty neat, what do you think?
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