A comprehensive guide for the aspiring botter (MLBot Basics 6) Part 15

The "Hybrid" bot and how to set it up:

Last week we talked about the Pro bot and some very basic settings.
This week I'll talk about something called a "Hybrid" bot.

A "Hybrid" bot is actually not a version of MTGO Library Bot, like Pro or Lite.
It's a Pro bot that runs with special settings making it buy for bulk prices like any Lite bot but sell using the pricelist just like a Pro bot.

This can be very useful when you want to build your collection and want to have some easily manageable prices so you can stay safe and not waste too much tickets by buying junk for pricelist prices.
At the same time it lets you sell the cards you purchase for their actual value which makes it easy to manage and a great way to start out if you don't want to start with one Pro and one Lite.

A "Hybrid" or a Lite bot will usually not yield you a lot of valuable rares (unless you have very high buy prices) but it will stock you up with the junk for prices you can afford and also occasionally brings in some more valuable Uncommon and Common cards like Young Pyromancer and the like.
The only downside with the "Hybrid" bot is that it's not common and therefore might confuse customers, so make sure to explain that it buys for bulk prices and sells for individual prices.

Setting up a "Hybrid" bot:

• Start up ML Bot and set it to Pro.

• Set up all the settings in the General, Collection,
   Buyer, Administrator and Messages tab.
   (I've explained how to do this in previous posts.)

• Go into the Corrections tab and set it to whatever
   corrections you want in the "selling" fields
   and +100% in the buying fields (yes you read
   that right, 100%).

 •  Lastly go into the Limits tab and set your 
    "Buying price limits" to the prices you want to    
     bulk purchase cards for. For example 0.005 for
     commons (200 per ticket) and so on.

That's it, now your bot will buy cards for the prices you set in the limits tab and sell according to your corrections and pricelist.




That's all I had for today, I'll be back with a new post next week, until then, happy botting and good luck!

-Tom (Sitrec)
Archbot MTGO Store: ArchBot, ArchBot2, ArchBot3, ArchBot4 & ArchBot5

A comprehensive guide for the aspiring botter (MLBot Basics 5) Part 14

The Pro bot and it's secrets (Part 2 of 2):

Last week I posted the first part of this post about the Pro version of the ML Bot.
Here's the second part where I'll go through how corrections work and then give a "safe" example of settings a new botter could try.

Corrections explanation:

In the "Prices" tab you can find corrections you can set. In here you can set your bot to buy and sell a certain percentage higher or lower than the price list.

Here's an example:
In the pricelist the Blood Artist from Avacyn Restored have a sell price of: 0.249 and a buy price of: 0.137
If you set the corrections of Uncommon to buy them for +100% your bot will buy Blood Artist for 0.274 (0.137 + 100%) and if you set the bot to sell them for -50% your bot will sell it for ~0.124 (0.249 - 50%).

You can set these prices by hand, individually for each card in the PersonalPrices.txt file or individual percentages in the PersonalPercentages.txt in the bot's folder (I'll go more in depth into this in later posts), but the pricelist is pretty accurate and a great way of starting out.

Recommended corrections:
I would suggest you to start out "safe", buy for low prices and sell for fairly low.
Here's some settings you could try and some pointers to keep in mind.

Buy Mythic and Rare for between +10% to -10% and slowly work your way up as you build your collection.

Don't rush it or you will end up depleting your tickets.
No one wants to do business with a bot that doesn't have any tickets. As your collection gets bigger and your ticket count grows you can start buying for higher prices.

Buy Commons and Uncommons for around 0% to -20%. Most people won't care much about commons as there aren't many of really high value, especially not in Standard and will just buy or sell them for whatever not too crazy price your bot suggests.

It's the good prices on Mythics and Rares that will bring people to your bot with the help of the http://mtgowikiprice.com site and your classified advertisement.

Sell Rares and Mythics for between 0% to -10%. In the beginning it's important to start building a customer base so you don't want to be too expensive. Later on when you have built up a big collection and you've increased your buy prices you can increase your sell prices as well.
A lot of people won't mind buying a bit more expensive if the bot they're dealing with have everything they need rather than have to scavenge tons of bots for each card.

Sell Commons and Uncommons for 0% possibly slightly lower.

Limits tab: 
You can use this tab to set a limit so your bot won't buy (or sell) over (or bellow) a certain price.

It might be a good idea in the beginning to limit buying prices so your bot doesn't buy a playset of Voice of Resurgence for 28.14 tickets each which might leave you without tickets to buy other cards for.

That's all for this week, next week I'll talk about the "Hybrid" bot which is a mix between Lite and Pro.


Until next time, have fun botting!

-Tom (Sitrec)
Archbot MTGO Store: ArchBot, ArchBot2, ArchBot3, ArchBot4 & ArchBot5

A comprehensive guide for the aspiring botter (MLBot Basics 4) Part 13

The Pro bot and it's secrets (Part 1 of 2):

Last week I wrote about some basic Lite bot settings, and as promised, here's the first part of two about the Pro version, next part will be posted next week.

Pro bots buy and sell cards using a price list that you can download for a fee from MTGO Library.
This list is updated every 2 hours and is a good way of making sure your prices are up to date with the current value of cards as it can dip and rise in a very short time.
In the bot's interface you can set it to buy and sell a certain percentage higher or lower than the price list.
You don't want to buy too high, but you also at the same time must have competitive prices so people actually want to use your bot.

What to buy:
I would recommend starting out with buying only from the sets that are currently in Standard in the beginning unless you have tons of tickets to invest.
Standard cards will be bought very frequently and it's easy to find buyers for those high value cards that will deplete your tickets fast.

Older sets however might take longer sell and while it's still worth selling you might want to wait to buy these sets until later on.

You can set which sets you want to buy in the "Collection" tab in the MLBot Interface.

Remember that you can still sell cards that you haven't chosen in the "Collection" tab, for example cards your Lite bot supply your Pro bot with.

If you want to buy Foil cards I would suggest buying only standard and for a very low price in the beginning for the same reasons why I recommend not buying anything else than standard when you're starting out.

Basic lands can easily deplete your tickets so only buy these extremely cheap if you want to purchase them.

Profit from Boosters are mainly in the form of "Float", which is the leftover credits that users don't end up spending on your bot. Boosters are bought with a very small margin and sell prices are almost identical to the buy prices. I wouldn't recommend buying them in the beginning unless you buy them very cheaply.

Avatars aren't worth much and only a few are actually worth buying for any decent price. The Momir Vig, Simic Visionary Avatar is used for the Momir Basic format and is frequently bought but most of the other ones are rubbish.

This was all for today, next time I'll post the second part of this post where I go through some basic settings.

Cya then!

-Tom (Sitrec)
Archbot MTGO Store: ArchBot, ArchBot2, ArchBot3, ArchBot4 & ArchBot5

A comprehensive guide for the aspiring botter (MLBot Basics 2) Part 11

MTGO Library Bot part 2:

Last time I talked about some basic preparations and basic information about ML Bot.
This time I'm going through the settings tabs of MTGO Library Bot.

Getting started:
First of all you should register your own account on mtgolibrary.com and then log in and click "Register new bot" and register your first bot. If you're going to run more than one bot, go into "Sharing credits" with each bot and add them to the same chain. This ensures that your customers can use any leftover credits on each of your bots.

General Tab:
Now start MTGO Library Bot and insert your bot's name into "Username" and the bot account's password into "MTGO Password" and lastly the password you use on the mtgolibrary site in "Bot Password"

I would recommend setting it to restart every 2 hours or so as MTGO can get a bit sluggish.
Mtgo also has a bug where it believes you're in a trade even though you're not, which will give potential customers a message that states that you're busy even though you're not when they try to trade.
A restart fixes this.

Make sure to uncheck "Make all tradeable". It automatically makes all cards you own tradeable which means your Lite bots will be selling valuable cards at bulk prices.

"Free download mtgolibrary.com prices at update" should always be checked as even Lite bots use the pricelist for certain things, otherwise it won't be able to buy new sets that gets released.

Also make sure to set the Bot type to whatever you're planning on using it for. Some people prefer to have one bot that buys and one that sells, in that case set the selling bot to only be a "Seller" and vice versa.
A "Trader" is a bot that allows a user to both sell to your bot and purchase at the same time.

Most bots have all these checked at the same time and that's what I would recommend.

Collection Tab: 
Here you can choose which sets to buy and how many of each rarity within each set to purchase.
For a Pro bot that is just starting out without a huge collection I would recommend buying only Standard and only 4 of each Common, Uncommon, Rare and Mythic. Foil is something I would recommend buying further down the road, the same goes for other sets. I would also recommend you to not buy basic lands or boosters in the beginning.

You can select set-categories in the "Quick selection" box and then choose rarities and quantities and lastly hit "Submit to collection". This is great for changing a lot of collection settings at once.

Buyer Tab: 
I wouldn't recommend you to change anything here except for maybe "Buyer Search Order", for example if you're not buying Foil you might as well move them down to prioritizing stuff you're actually buying.


Prices Tab:  This one differs depending on which bot type you're using and I'll go through this one for each type in upcoming posts.

Administrator Tab:
Here you can set your own account as Administrator which gives you privileges to execute commands for certain bot tasks as well as setting up automatic transferring of cards between your bots.

I wouldn't really recommend you to use the auto transfer as it's not very good at the moment and I think you're better off spending maybe 5 minutes every day to transfer them by hand.

Messages Tab:
"1st welcome message": Is the message your bot will greet a new customer with.

"General welcome message": Is the message your bot will post to returning customers upon opening of a new trade.

"Additional info message 1,2 and 3": These can be used for anything you would like to tell your customers. For example an email address where they can reach you on, or which bots are part of your chain.

"End of trade message": This message will be posted when a trade is completed.

"Display WIKI price message at the beginning of trade": This one should be checked. It will advertise the wikiprice site where they can find bot prices, but it also reduces the fee you'll have to pay to MTGO Library for each transaction from 3.5% to 2.5%.

"Classified message": This is the message the bot will post in the classifieds tab in MTGO. A good idea is to write either your bulk prices here or advertise cards you have for sale.

"Buy class. message": here you can set if you want to use a different message when your bot is busy. For example you could put (Busy Trading) or something similar in front of your normal classified message.

"Trading room message": this determines what your bot will post in the trading room.

Store and Accounts Tab:
Here you can find some licensing information about your bot.

Next time I'll go through how you can set up your first Lite bot and start botting for real.
Until next time, have fun!

-Tom (Sitrec)
Archbot MTGO Store: ArchBot, ArchBot2, ArchBot3, ArchBot4 & ArchBot5 

Buying Small, Selling Big - The Limits Tab

Buying Small, Selling Big

Sometimes when you are getting started with a small investment you can be afraid to devote all of your tickets to big money cards. Cards can plummet in price and when you need to make profits on every trade to expand it can be scary holding onto a card worth 20 tickets or more. ML bot gives us options to deal with this and allow us to do some things to minimize the risk and/or even make a profit on high value trades.

To minimize our risk of losing on big money cards that have a sudden drop in value or investing everything we have in a single card and retaining a very small inventory MLBot provides Pro users with the limits tab. The limits tab is used to set the maximum buying and minimum selling price for commons, uncommons, rares, mythics and booster/avatars.

Red – Selling Limit

Selling limits dictate the minimum price your bot will let a card go for. This is a very useful way to make sure that everything within a card rarity is sold for at least a decent price.

Blue – Buying Limit

Buying limit is the maximum your bot will offer for any card in a particular rarity. So if a card is valued at 100 and you set your max to 20 you will only offer 20 tickets for that particular card. Some users might not appreciate such a low ball offer for their valuable cards but it can prevent you from buying something you don’t want or might be mistakenly priced.

Green – Booster/Avatar Limits

Similar to the selling limit and buying limit for cards these options will dictate the maximum and minimum prices your bot will buy and sell avatars and boosters at.

Orange – Do Not Buy For More

This section allows you to specify if you are even willing to buy a card that is of greater or lower value than what is specified. This is very useful to prevent your bot from buying junk cards that will never sell.

Pros

• You very much reduce the possibility of spending all of your capital on a few expensive cards

Cons

• You likely will not end up paying fair value for high value cards and customers may feel cheated
•  You may pass up opportunities to buy cards because of your settings