GambleFi Portfolio Update | Dividend Delay

avatar

I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io), RLB (Rollbit.com), & now also some OPENBET (Openbetai.io) with regular updates on how exactly they are doing showing what can be expected for those interested...

Sportbet.one (SBET)

The hack of last week was resolved with bets properly being paid out and the dividends that could be claimed wich I managed to do succesfully just minutes after making the last report (Link).

However, a new issue seems to have come from it as the dividend page seems to be stuck somehow now first showing 0 balances on and after that giving an error message.

So I'm waiting for this to get resolved as the dividends on the week actually were set to be really high. This was all due to action from 1 whale


Openbetai.io (OPENBET)

The price continued to dip which got me to sell my old Monero bag which hasn't really done much for me and I bought some extra OPENBET even though I considered my bag filled. However, I'm willing to take the risk on this one given the valuation, the action on the site and how often I have been using it myself lately to play some online poker.

The snapshot was taken at the end of last month and payout day is supposed to happen in the 2nd week of the month. It was reported that total earnings were about the same as last month (~15000$) so yield should be quite good based on the current price. Normally monday or tuesday the dividends would be dropped but so far they haven't arrived yet.

It also looks like there have been some big winners lately which I guess mostly shows that there are bigger players on the platform. Since big losses aren't shown it's hard to estimate to what extent these bigger payouts are an issue.

Volatility has been quite high while trying to get into this coin as there was a big pump but also a dump so my average price is quite a bit higher to where it is now. The big dividend drop also still needs to happen which will help recover the investment over time. I still might buy some more at current price level.

DateHoldTotal InvestedCurrent ValueTot Dividends% recoveredTotal
24/04/2023201k15669$9400$54.5$0.35%-6215$
02/05/2023201k15669$8975$54.5$0.35%-6640$
09/05/2023259k18145$9865$54.5$0.21%-8280$

Rollbit.com (RLB) & Rollbot/Sportsbot NFTs

Rollbit (RLB & NFTs)and especially the sportsbots have done well last week. where the payout of mine was just 8$ monthly along with a 20$ free bet, it now is up to 40$ along with a 20$ free bet. So many players seem to be using the bookmaker and failing to beat it which doesn't come as a surprise as these days, the line setting has become something of an exact science that is just hard to beat for 99%+ of players. The lottery and RLB Earning continue to be around the same and there is less NFT trading going on which only gives around2$-3$ worth of fee share each week. Overall things have been fairly stable but NFTs are rather expensive so it's hard for the average joe to really get into them.

The main difference with rollbit and their NFTs is that you can scout the market and possibly pick up good deals on them which makes the returns highly variable from one investor to another.


Betfury.io (BFG)

The dividend pool and the dividends went up a big again for Betfury and overall it's fairly stable and you kind of know what you are going to get. Everything also works as intended and I never had an issue with them aside from the fact that I got limited on their sportsbook as a winning player. As an investor however, I don't mind as this simply allows them to make more money.


APY Based on Current Price and Dividends from the last 7 days

All these numbers are based on prices of Monday

ProjectAPY
Betfury.io (BFG)+35.61% APY
Sportbet.one (SBET)-
Rollbit.com (RLB)+31.46% APY
Openbetai.io (RLB)+75.29% 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 would dip. These are my personal numbers and RLB varies based on the trait of the Rollbot NFTs you own.


Personal Gambling Dapp Portfolio

I did add the dividends of SBET of last week but again now part is still missing due to the delay. I'm currently holding 6M SBET | 480k BFG | 2638$ worth of Rollbot NFTs | 259k OPENBET. 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...




Next week should be interesting as OPENBET dividends will have been paid out of last month while I'm hoping the Sportbet dividend page will be fixed.

Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using as they allow anonymous betting with no KYC or personal restrictions...




0
0
0.000
0 comments