Pauan / SaltyBetBot

Bot which automatically bets on saltybet.com
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Bot betting pitifully low amounts #31

Open Dziugaske opened 3 years ago

Dziugaske commented 3 years ago

Even though I have 50 million, most of the bets are between 5k-10k, with an occasional 12k bet. I'm aware that the bot is supposed to bet low amounts according to the FAQ, but it doesn't even come close to the stated 32k.

It would be really nice to have an option to change the bet amounts according to a set multiplier. For example, if the bot was normally about to bet 10k, with a 2x multiplier it would be 20k. Personally, I find it more entertaining to watch a bot bet larger amounts, even if it's very volatile. It can be fun to come back to a bot that lost a bunch, or won a lot, instead of slowly climbing up.

I have to say that the bot works incredibly well and I really appreciate you making it.

Pauan commented 3 years ago

It adjusts the bet based on the odds, so if the odds aren't good then it will bet less. In practice the odds usually aren't very good, so you will rarely reach the maximum of $32,000

The problem with a multiplier is that at least 5 people are using my bot. So if everybody raises the multiplier, that will skew the odds and cause everybody to make less money. Imagine if 5 people all bet $100,000, that will cause drastic changes to the odds.

So raising the bet doesn't just make your bot more volatile, it also ruins the profit of other people using the bot. The bot used to bet more, but I had to lower it because it was ruining the profits for all the bot users.