Gambling Dapp Dividends Report | EOS Pump !
The most eventful thing in the past week was that the price of EOS pumped quite a bit (I guess this is because of the rebrand after the community kicked out block.one who basically scammed everyone with the year-long ICO). This made me sell some of the Dividends that I have been stacking from Sportbet.one.
Sportbet.one (SBET)
Since the only trading pair of SBET is against EOS, there is a direct link to the price. It tends to adjust though in both ways. When EOS does poorly more EOS on average gets bet which creates buying pressure on SBET while now some inevitably will take some profit. I'm personally happy to have cost-averaged most of my stack while the total market cap of SBET was below 1 Million (now 1.5 Million) and will just hold on to what I have
Mosly the dividends were good because the value of EOS went up. Based on current price and dividends from last week the yearly return is around +28% which for me is no longer a zone to accumulate.
Wink.org (WIN)
It does look like the general downtrend for Wink continues for now, the average Dividend pool is actually not that big (sub-100k TRX) while the returns at the current price is not that horrible at +14%. If there is a price dip, I might start looking to accumulate some more as I can see things pick up again at some point eventually.
Betfury.io (BFG)
It does look like the inflation went down quite a bit for BFG which always has been one of the main concerns. In the past, the weekly inflation used to be nearly always above 1% sometimes even above 2%. Since the Farming stage was ended, this now seems to have come down to a range between 0.2% and 0.5% which is quite nice.
The dividend pool seems to struggle to really hold up and it feels like it will go below 2 Million one of the coming weeks
The overall returns remain quite good but if both the price and dividend pool continue to go down, the time it takes to at least recover the initial investment increases exponentially.
SX.bet (SX)
I still need to get in contact with someone from sx.bet to ask some questions I'm still having. I'm not that invested with only a 1000 SX just to test it out. The increase in community fund seems to be quite nice and stable which should at some point start supporting the price of SX if that continues to go down.
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) | +49% APY |
| Sportbet.one (SBET) | +28 % APY |
| Wink.org (WIN) | +14% APY |
| sx.bet (SX) | +10% 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
I haven't bought more coins in the past 6 weeks after selling a bit BFG but the dividends remain overall pretty stable with is nice. Another 245$ from holding 30M WIN / 7M SBET / 550k BFG / 10k TRX / 100 LIVE | 2271 RAKE / 1017 SX which combined is now worth around 42k Dollars. I am looking the diversify more looking for good gambling dapps that pay the losses or fees from the gambler to those holding a token, so if you have one on your radar make sure to let me know...
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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Play2Earn Games I'm Playing & Social Media Links...
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