Gambling Dapp News & Dividend Report | Wink.org & Sportbet.one
Binance Chain Blink Update
The drops page shows that Blink now is at a -1537.626 BNB loss or 352k Dollar which could add up even more if BNB continues to moon during this bull market. I'm not sure how they will play this but I can see a scenario where the Blink token (trading on Pancakeswap) might start getting dumped since it doesn't give dividends right now. At some point it will probably be too cheap and I don't see them stopping the development of the platform so there might be an opportunity there even though I'm not that much into gabling tokens that can be mined.
WIN Dividends
The Dividends were up a lot in the last report but came all the way down again this week with an average daily payout of around 48 TRX for freezing 23 Million WIN good for 'only' 0.33% weekly returns. This does indicate that the WIN price is likely to correct down again a bit more in the coming weeks if the dividends do not reach higher levels again.
The 100-day average payout for 1M WIN still ranges around 0.10$. Right now I'm just holding on to my WIN despite seeing the price drop a bit. If if ever gets to a zone where it becomes a buy again, I might rebuy the 2M I sold last on the pump. Right now it also is at a record low frozen WIN with around 10% of the total supply getting dividends.
SPORTBET.ONE News & Dividends
The dividends so far remain quite stable even though the number of active bettors remains rather low. I don't think that those who are using the casino are counted in the leadrboard.
The price in dollar on SBET dropped -21% similar to the rest of the crypto market last week. The dividends however are still around +0.919% weekly despite the number of users that took at least 1 bet dropping down some more.
I continue to track my personal weekly passive earnings currently holing 23M WIN / 740K SBET / 10k TRX / 2271 RAKE which is my gambling dapp portfolio right now. My goal is to get these to above 50$ weekly on average Still 43 weeks left this year and I'm looking forward to seeing how it will all unfold. I'm also still interested in adding another gambling dapp that pays the losses from the gamblers using the platform to those holding a token that can't be mined but haven't found another good one just yet.
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Posted Using LeoFinance Beta
Thanks for the news!
Posted Using LeoFinance Beta
You are welcome, I will keep them coming each week!
I bought some extra SBET by the way. I'm not at 1M in total and my bag is now pretty much filled with no intention to add more from here on out.
Posted Using LeoFinance Beta
Are you looking at other gambling dapps also or just these two?
Thanks!
Posted Using LeoFinance Beta
I'm looking out for another one but so far, I haven't come across any that meets my personal requirements. It needs to be something I actually use. (Wink is good for Poker & prop bets like anytime goalscorer or F1 bets for me, Sportbet is usable to take selective bets as their odds at times are competitive). They need to be user-friendly for everyday users and have free transactions. I also don't look for coins that can be mined by playing, both WIN and SBET have a fixed supply while sharing in dividends. I also don't look at pure casino coins, they need to have sports betting/poker.
If you come across anything like this please let me know :-)
Posted Using LeoFinance Beta
I will let you know if I find something.
Posted Using LeoFinance Beta
Bookmakers are growing exponentially these days
Everyone is trying to add some features to attract more users
Posted Using LeoFinance Beta
Yes, getting users is by far the hardest part right now. There are so many gambling projects out there and only a few will be able to win in the end. Wink is in a good spot being listed on Binance already while being part of the core Tron infrastructure also having a clone on Binance Chain. SBET is more a low-cap gem in my view. No guarantees however how any of this will play out.
Posted Using LeoFinance Beta