Calculating BidButler Activity

There’s a new blog written by Roy Melvin, a Swoopo pro. He’s been posting just for the past few weeks…but it’s started to generate some commotion in our Swoopers forum.

This particular piece from early January is probably Roy’s best article (in my opinion) and I thought it very worth sharing for our members. Roy calculated a formula to get a sense of past BidButler history for an auction. You can read his post for the math, but the short version of it is:

Take the auction start time and subtract 24 hours (24 being the initial clock time). Now take the remaining time and divide by the current auction price.

If your total is close to $2.50, the auction has been very active with BidButlers.

If however, the total is above $6 or $7, the auction has been relatively free of BidButlers.

It might be better understood with a formula:

T = Total auction time elapsed
C = Current auction price
DH = Dollars per hour

( T – 24 ) / C = DH

Thanks Roy for that great post. Keep ‘em coming!