[Python] How can I get the reason for a failed transaction status 0 from Geth?

After sending a transaction to a payable smart contract (deployed to a geth instance) I receive transaction status 0. I don't understand where I'm going wrong as I followed the documentation.

Looking at the smart contract it should not revert; What am I missing?

account = w3.eth.account.from_key(private_key)
tx = {
"chainId": w3.eth.chain_id,
"from": account.address,
"to": contractAddress,
"value": w3.to_wei(0.001, "ether"), # send 2 ether
"nonce": w3.eth.get_transaction_count(account.address),
"gas": 200000,
"maxFeePerGas": 2000000000,
"maxPriorityFeePerGas": 1000000000,
}


signed_tx = account.sign_transaction(tx)
bid_hash = w3.eth.send_raw_transaction(signed_tx.raw_transaction)

Continue reading...