I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io), RLB (Rollbit.com), OWL (Owl.Games), and also some SX (Sx.Bet) with regular updates on how exactly they are doing showing what can be expected for those interested...
There continue to be stable returns on this portfolio with relatively stable asset prices which is exactly what I'm aiming for. Since actively betting on sports doesn't seem to have the edge it used to anymore these days, I'm going to start putting more focus on building more passive income streams like this one. The initial goal remains the same to get the total combined value of this portfolio to 50k+ as something that earns a base passive earning. These are all the numbers of the past 7 days.
Sx.Bet (SX)
A similar pattern continues with more SX staked and the price increasing while the actual returns aren't fully following. It was also a week with about half of the generated fees compared to the week before. The good thing however is that the price went from below 0.1$ at the time I bought my initial stack to now 0.186$+
There are plans going forward to make SX usable multi-chain which potentially could bring in a lot more users. Purely based on the current returns and the coins that are yet to be released in circulation the price feels quite high. This said, if I had managed to accumulate more than just the basic bag that I have, I probably would take some profit at this point. I still need to put some time to get the proper info to see if it's best to unstake and switch validator to get the 20% cut that is taken down way lower.
Owl.Games (OWL)
Owl continues to right now simply give the best returns and I want to increase my stack a bit more mostly because it's just the cheapest way to get the weekly $ returns up. I still need to get more confimation and will do a withdraw of Dividends first before potentially buying 100k OWL more. At the same time, I remain cautious with this one as I don't fully trust the team behind it.
| Date | Hold | Invested | Value | Week Divs | Total | % recov | Total |
|---|---|---|---|---|---|---|---|
| 08/08/2023 | 395k | 1954$ | 1850$ | 13.76$ | 21.9$ | 1.12% | -82.1$ |
| 15/08/2023 | 400k | 2084$ | 1867$ | 20.40$ | 42.3$ | 2.03% | -171.1$ |
| 22/08/2023 | 400k | 2084$ | 1911$ | 20.80$ | 63.1$ | 3.03% | -106.3$ |
| 29/08/2023 | 400k | 2084$ | 1950$ | 0.55$ | 63.6$ | 3.05% | -66.7$ |
| 05/09/2023 | 500k | 2636$ | 2437$ | 20.30$ | 83.9$ | 3.18% | -115.1$ |
| 12/09/2023 | 500k | 2636$ | 2454$ | 26.77$ | 110.67$ | 4.20% | -71.33$ |
| 19/09/2023 | 500k | 2636$ | 2449$ | 25.00$ | 135.67$ | 5.15% | -51.33$ |
| 26/29/2023 | 500k | 2636$ | 2699$ | 26.17$ | 161.84$ | 6.14% | +224.84$ |
| 03/10/2023 | 500k | 2636$ | 2600$ | 21.15$ | 182.99$ | 6.94% | +146.99$ |
| 10/10/2023 | 500k | 2636$ | 2582$ | 26.1$ | 209.09$ | 7.96% | +155.09$ |
** the High 7% cost to go from buying to having it staked and the 5% tax to sell is fully included in the numbers.
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
With price of RLB coming down a bit, a record 0.367* of the supply was burned last week. This constant buy pressure makes that selloffs usually stay limited and recover sooner than later. I am currently buying a bit of RLB with my balance when it's around or below 0.12$ and I start selling some when it gets above 0.14$ with the aim to increase my dollar balance a bit over time.
NFT prices are starting to come down quite some again also while the earnings remain stable which makes the APY go up. At the same times, NFTs are going above their minimum projected price.
I locked my Sportbot again which gave 10.62$ in direct earnings and a Free 20$ Bet which I ended up losing this time around.
Sportbet.one (SBET)
As usual a solid week again for SBET which remains having the heaviest weight in my portfolio and earnings
Betfury.io (BFG)
There was a slight increase in dividend again for BFG but if history is any indication this will be followed with another lower low in the coming weeks. I'm still hoping for thing to really pick up again especially since the supply no longer is expanded but I'm not counting on it.
APY Based on Current Price and Dividends from the last 7 days
All these numbers are based on prices of Monday
| Project | APY |
|---|---|
| Sportbet.one (SBET) | +43.73% APY |
| Betfury.io (BFG) | +28.02% APY |
| Rollbit.com (RLB) | +31.93% APY |
| Owl.Games (OWL) | +46.45% APY |
| Sx.Bet | +3.10% APY |
Personal Gambling Dapp Portfolio
I got a nice 223$ last week for holding 5M SBET | 500k BFG | ~3570$ worth of Rollbot NFTs | 500k OWL | 25k SX . 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...
Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using with some allowing anonymous betting with no KYC or personal restrictions...
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