Gambling Dapp Dividends Report | Going on Another Buying Spree!
I am keeping close track of my Gambling Dapp Portfolio that includes BFG (Betfury.io), WIN (Wink.org), & SBET (Sportbet.one) and make regular updates on how exactly they are doing showing what can be expected for those interested...
I went on somewhat of a buying spree again last week adding more coins to this portfolio in order to continue increasing my passive weekly income. It's all quite addictive and I have set my limit to buy more coins to the point where the total portfolio reaches 50k Dollars.
Sportbet.one (SBET)
I got my total SBET up to 6 Million adding 400k extra which I paid 1404$ for which comes down to 0.00351$ for 1 SBET. The main reason were the dividends which were looking very good early in the week along with FOMO wanting more as SBET has been really good to me so far in terms of stable dividends and I still very much like the small market cap it is at. I won't be buying more at this point unless there is a considerable dip in the price. With the low liquidity in the trading pool, it right now also is impossible to even get to 6M SBET in one go as that would push up the price to crazy heights.
The dividends did slow down a bit near the end of the week but they were still overall higher compared to last week. Based on the increased price they represent around 43% yearly returns now.
Betfury.io (BFG)
I'm just keeping my BFG bags where they are now with no intentions to buy more as I consider my ~500k BFG bag as complete. The returns remain very high at 61.41% yearly based on the current price of BFG but there also is constant inflation and a need for the dividend pool to keep growing in order for the returns to hold up.
I do expect things to stay somewhat stable for months to come also hoping for another push forward with an increased user base that causes the overall dividend pool to increase along with the price.
Wink.org (WIN)
I added 1.5 Million WIN extra getting myself closer to holding 20 Million Win as I think the current price range is quite acceptable with the dividends having picked up this past month. This can clearly be seen in the 21-day moving average Dividends for having 1 Million WIN expressed in Dollars. I paid 460$ for that 1.5 Million win or around 0.00031$ for each WIN. Right now the price is trading a bit lower at 0.000284$ and I will most likely buy some more/
The dividends once again were good this week at around +35% for yearly return. There is no guarantee however that they won't drop down again.
APY Based on Current Price and Dividends from the last 7 days
| Project | APY |
|---|---|
| Betfury.io (BFG) | +61% APY |
| Sportbet.one (SBET) | +43% APY |
| Wink.org (WIN) | +35% 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.
Personal Gambling Dapp Portfolio
Another new record this week mainly because I added 1864$ of extra investment to the portfolio which now is valued at 39k dollar. Right now I'm holding 17.5M WIN / 6M SBET / 512k BFG/ 10k TRX / 76 LIVE | 2271 RAKE. I am looking the diversify more looking for good gambling dapps that pay the losses from the gambler to those holding a token, 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...
| Betfury.io |
|
|
|
|