Gambling Dapp Dividends Report | Decreased Returns.
I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io),, & RLB (Rollbit.com) with regular updates on how exactly they are doing showing what can be expected for those interested...
Sportbet.one (SBET)
No real news or progress for SBET with a decrease in users down to 147 as there was an international week with fewer football matches. Dividends also are on the weaker side lately while the price of the token is holding up.
At the current price, I'm just holding my tokens while taking profit on the dividends weekly hoping things will pick up
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
Rollbit has been quite hot lately but this seems to be slowing down again as the price of RLB as I indicated was just too high at some point. Right now the price is fair again around 0.02$ where I'm willing to pick some up and if it goes back above 0.03$ I would take some profit hopefully being able to rinse and repeat this process a couple of times
There was the highest total payout this week at close to 500k$ as a big jackpot hit but the average prize pool excluding the jackpot and the total RLB Staked went down a bit. I would not be surprised for NFT prices to go down a bit so the actual yield is higher
I do still very much like Rollbit and am using it to take some bets which so far have been profitable with instant withdraws and now KYC issues whatsoever. I aim to get myself up to 10k Staked without actually 'gambling' or taking -EV Bets. I need to test if entering the lottery by Staking RLB actually increases the number and I will test it out this week.
Betfury.io (BFG)
The price of BFG went up a bit while the dividends went down a bit and also here I'm still just holding on to my coins collecting the Dividends with no intention to buy more unless the conditions change.
APY Based on Current Price and Dividends from the last 7 days
All these numbers are based on prices of Monday
| Project | APY |
|---|---|
| Betfury.io (BFG) | +31.73% APY |
| Sportbet.one (SBET) | +29.07% APY |
| Rollbit.com (RLB) | +23.66% APY |
Note: Token prices going up or down have a major influence on the actual returns going forward either amplifying them if they go up or destroying them when the price would dip. These are my personal numbers and RLB varies based on the trait of the Rollbot NFTs you own.
Personal Gambling Dapp Portfolio
I landed just above 200$ this week in Dividends which I consider on the low side for holding 7.5M SBET | 600k BFG | 4390$ worth of Rollbit NFTs. I'm still looking to diversify with other good gambling dapps that pay the losses or fees from the gambler to those holding a token. Anyone that has tips on this, please leave a comment below...
I will be back next week with another report hopefully getting some good dividends.
Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using as they allow anonymous betting with no KYC or personal restrictions...
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Posted Using LeoFinance Beta
