Weekly Gambling Dapp Dividend Report (BFG-SBET-WINK)
I closely follow Wink.org, Sportbet.one, & Betfury.io which all are part of my Crypto Gambling Dapp Dividend Portfolio. These posts provide info on the passive returns they provide along with the latests news on what's going on with these projects...
Most of my eyes right now are still on Befury.io keeping close track on how inflation is putting pressure on both the price of BFG and the Dividend returns. So far it all looks quite reasonable as the dividends actually have gone up in the past weeks (this is mostly linked to the price of the coins that are being paid out). So has the price of BFG has gone up which caused the returns to go down week by week.
It very much feels like the market is still looking for a fair value for the BFG tokens. I managed to get an average entry price at 0.022$ after adding 11750 BFG yesterday and I don't think I would buy more if the price went above 0.03$. The dividends are great though getting just over 50$ in a week making Betfury a big part of my weekly passive income now from these gambling dapp dividend coins.
WINK Dividends
The best thing about Wink.org and the WIN token right now is that I'm pretty much freerolling it having taken out more than my initial capital during the pump & Dump. The Dividends have been rather disappointing in relation to the price of WIN that is. Looking at just the returns from getting into this coin this past year and a half, it has performed excellently. Right now though I'm rather looking to get out some more in case there is another pump & dump compared to buying more.Currently, 14 Million WIN which roughly costs 5000$ gave a weekly dividend return of around 10$ which is just not enough given the higher risk that is involved with these coins.
Sportbet.one (SBET) Dividends
The SBET token from Sportbet.one is not that easy to buy as it only lists on defis.network in a liquidity pool with only 5.2k EOS and 9.6M WIN in it. This makes it so that 1 person who sells or buys can push the price way up or down. With news coming from EOS and their upcoming Bullish exchange, I guess someone wanted more EOS dumping SBET for it which made the price go down quite a lot. I'm not overly concerned about this and see these big moves to potentially add more or take some profit. The market cap is back below 1 Million and I wanted to convert some EOS as a temporary trade into SBET but defis.network & Scatter are not really working along for some reason as I'm getting connection errors.
The dividends were quite good last week and returns for SBET now are back above 1% weekly based on the current price after the dump. It is hard to get in or out with bigger amounts though and this is mostly a long-term High-Risk / High-Reward gamble for me which I'm willing to take. Most of their work right now seems to go in making an affiliate partners program in the hope some major sites will start promoting Sportbet.one bringing in a lot of new players. So far new sign-ups remain very minimal and the number of weekly bettors keeps ranging just above 100.
Personal Gambling Dapp Portfolio I managed to get record-high dividends in dollars this week as I added more BFG tokens making 133.55$ in passive returns. The portfolio currently had 14M WIN / 3M SBET / 100k BFG/ 10k TRX / 22 LIVE | 2271 RAKE in it last week. I continue to be interested in adding other good gambling dapps that pay the losses from the gambler to those holding a token that can't be mined, so if you have one on your radar make sure to let me know...
Full Guides to Decentralized Crypto Bookies I personally use where no KYC is required allowing anonymous betting from any location without individual limits for winning players...
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Once you get into them, these gambling dapp coins become really addictive though as the returns they provide tend to be quite high. It also gets easy to overlook the risk as it stays quite high even though I haven't had any real issues the past ~2 years investing in them.
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