Gambling Dapp Report | More SBET Accumulation!
By far my biggest position in this Gambling Dapp Dividend portfolio so far was SBET from Sportbet.one and I increased my holdings from 3.5 Million SBET to 4 Million SBET last Sunday. Since the price is linked to the price of EOS as the only trading pair right now is over at Defis.network it goes up and down along with it creating mostly buying opportunities for me. With the Dividends that were about to drop looking very good and me having some extra funds available I ended up buying some more and now own 1% of all SBET in circulation.
When it comes down to my risk-reward estimation, I still see SBET as being dirt cheap with a working product that has actual revenue from real users and lots of potential to grow. The best time to buy is often when coins in circulation is very centralized while liquidity and the places to buy is very limited. Buying ~2000$ worth of SBET also pushed the price up with about 10% and the liquid SBET available in the trading pair continues to go down. Right now around 2% of the circulating supply is sitting in the liquidity pool. On the downside, it also means that selling or dumping now is really hard. I personally see it as a long-term hold collecting dividends week by week.
So far since I started to accumulate my position in SBET 104 weeks ago, I have managed to claim a total of over 3360$
- 432.83 EOS (2038$)
- 12133.87 SBET (53.2$)
- 0.0213387 BTC (1067$)
- 108.3 USDT (108.3$)
- 0.4 LTC (69.2$)
- 0.00707 ETH (24.4$)
Right now, I most likely have enough but I might even buy more on a dit as long as I keep having a good eye on things. If it ever pumps to a point where the returns from the dividends decrease a lot I might take some profit. I don't expect this to happen anytime soon though and would already be happy with a steady slow growth over time. That being said,I have no issue if it turned out in a bad gamble seeing it go all the way down to zero.
The BFG Token from Betfury.io continues to go down in value as more coins are being mined with the total reward pool which continues to go down. This is creating a big gap between the price to mine BFG and the price BFG can be bought for. Overall returns are still excellent and the site itself is probably the most complete and enjoyable experience for real gamblers around so I'm not really all too concerned. Right now I still see it as a coin that is good to get some passive returns on without seeing it capable of shooting up in price.
The WIN token from Wink.org continues to disappoint in returns and I wouldn't get into it now if I wasn't freerolling on my stack. The risk is not really worth the rewards it is giving even though it looks like the price started pumping again today.
APY Based on Current Price and Dividends from the last 7 days
| Project | APY |
|---|---|
| Betfury.io (BFG) | +96.89% APY |
| Sportbet.one (SBET) | +53.35% APY |
| Wink.org (WIN) | +7.8% 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 goes down.
Dividend Numbers & Charts
Sportbet.one (SBET)
Betfury.io (BFG)
Wink.org (WIN)
Personal Gambling Dapp Portfolio
There was a significant increase in my portfolio with the 500k SBET I added and the combined Dividends added up to over 250$ which is quite nice. Currently there is 14.M WIN / 4M SBET / 177k BFG/ 10k TRX / 22 LIVE | 2271 RAKE in my Crypto Gambling Dapp Portfolio. 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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|---|---|---|---|
| Betfury.io |
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