I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io), RLB (Rollbit.com), OWL (Owl.Games),SX (Sx.Bet), & also WINR Protocol (app.just.bet) with regular updates on how exactly they are doing showing what can be expected for those interested...
I was away on Vacation which made me unable to make the weekly update and I might move these post to monthly updates depending on how much time I have. Dividens continued to roll in the last mont at an average pace of 400$+ a week which is actually really nice. I'm also restructuring my portfolio a bit and moved accounts over to my ledger for an extra security layer. Here is a quick update on all the platforms...
Sportbet.one (SBET)SBET continued to provide the best and most reliable dividends. Recentlty though the 2nd biggest holder started dumping and with not much liquidity it is kind of destroying the price. The 3rd largest holder is buying some of the coins and I'm considering to also put a low buy order myself in case the dumping continues. from the 19M SBET he now has 15.2 Million left so potential way lower prices coming. However, fundamentally everything seems to be still strong which increased the returns a lot.
So either the big holder knows something we don't and is getting out while he can or he just needs the money or is taking out some profit as SBET has done quite well compared to the altcoin market.
These past years, owning SBET really has given me a lot of peace of mind knowing that each week a big chunk of reliable earnings come in without any drama. Off course this could all work and it has been for 277 weeks until it doesn't anymore. It's part of the risk and why the returns are so high.
WINR Protocol
The price of WINR continued to drop with a final dump recently what looked like a forced liquidation from someone on solifi where I guess WINR was used as collateral. This combined with a lot of fud and frustration from the community as there have been lots of promises but rather slow delivery. There also seems to be an issue with the games that some get stuck which they are fixing. The incentives of providing liquidity also have some major flaws in them as in case a pool is at a loss it gets locked in while those staking WINR are unaffected by that. So if a pool 1 week from another goes from 200k to 100k due to lucky winning players, liquidity providers get hit with -50%, if the week after it goes from 100k to 150k, WINR stakers would get their 20M of the 50k profit while liquidity providers still are in a big loss.
The reality is that the price of WINR was just way too high fully based on future expectation and now it potentially is way too low based on the fear that it might not survive. Due to the delays, stuck games & dropping price players are leaving which also reflects in the volume which really plummeted.
I did add to my position getting it to 1Million WINR which I never imagined that I could reach. I did get it at an average price of 0.01368$ so I'm down quite a bit but also not compared to how much it actually went down. I still like the concept and have home but at the same time might have overinvested a bit because of greed which might backfire as there are some red flags for sure.
That said, dividends actually have been ok (based on the price) and my hope is that they manage to fix the stuck games situation, provide proper liquidity incentives, and start marketing while rolling out some extra projects like sx that will use their casino infrastructure for some great dividends in the near future.
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
Rollbit continues to make profit and RLB is being burned at a rate around 20%+ of the supply yearly but the price isn't really moving much
I do feel it's in the lower range right now where there is som good support and I have been thinking of converting some ETH into RLB but at the same time don't want to take the risk.
Betfury.io (BFG)
My RLB stake was released after a year locked and from the looks of it, you need to lock it again for a full year to get the double dividends. The fact that many got their stake unlocked now is backfiring as there is some selling going on which lowered the price. This while the dividend pool continues to be in a bottom range and the returns aren't really going up staying around 30% but at a lower price. The 70$ that I used to get weekly now has come down to 25$ as my stake is no longer locked and I'm not sure if I'm willing to commit to another full year. So I might sell off part of my position the coming week.
Owl.Games (OWL)
Nothing is changing for OWL which just continues to deliver reliable dividend week after week. I'l now close to 80% of my investment earned back which on it's own is worth more compared to when I bought it so no complaints. Still though, based on what's actually happening it's not much.
| Date | Hold | Invested | Value | Week Divs | Total | % recov | Total |
|---|---|---|---|---|---|---|---|
| 08/08/2023 | 395k | 1954$ | 1850$ | 13.76$ | 21.9$ | 1.12% | -82$ |
| 01/01/2024 | 600k | 3179$ | 3521$ | 25.76$ | 538.76$ | 16.95% | +881$ |
| 06/01/2025 | 600k | 3179$ | 2731$ | 29.46$ | 2021.79$ | 63.59% | +1573$ |
| 14/01/2025 | 600k | 3179$ | 2729$ | 30.75$ | 2052.54$ | 64.56% | +1602$ |
| 21/01/2025 | 600k | 3179$ | 2889$ | 30.31$ | 2082.85$ | 65.52% | +1793$ |
| 28/01/2025 | 600k | 3179$ | 2887$ | 29.58$ | 2112.43 | 66.45% | +1820$ |
| 04/02/2025 | 600k | 3179$ | 3249$ | 30.07$ | 2142.50$ | 67.39% | +2212$ |
| 11/02/2025 | 600k | 3179$ | 3249$ | 30.07$ | 2172.57^ | 68.34% | +2242$ |
| 18/02/2025 | 600k | 3179$ | 3271$ | 29.37$ | 2201.94$ | 69.26% | +2294$ |
| 25/02/2025 | 600k | 3179$ | 3387$ | 29.81$ | 2231.75$ | 70.20% | +2440$ |
| 04/03/2025 | 600k | 3179$ | 3247$ | 30.05$ | 2261.81$ | 71.14% | +2329$ |
| 12/03/2025 | 600k | 3179$ | 3361$ | 29.64$ | 2291.44$ | 72.08% | +2473$ |
| 18/03/2025 | 600k | 3179$ | 3357$ | 29.98$ | 2321.42$ | 73.02% | +2499$ |
| 25/03/2025 | 600k | 3179$ | 3357$ | 29.40$ | 2350.82$ | 73.95% | +2529$ |
| 29/04/2025 | 600k | 3179$ | 3358$ | 29.15$ | 2499.48$ | 78.62% | +2678$ |
** The High 7% cost to go from buying to having it staked and the 5% tax to sell is fully included in the numbers.
Solcasino.io (SCS)
I did double down on my SCS position at the end of last month adding 500k extra at 0.00152$. This now gives 11.74$ weekly but that number continues to fall week after week while SCS has gone up in price to around 0.02$.
I do feel SCS will go lower again just looking at how little of it is staked based on the full suply
Basically, I need a much better price at current return levels to be able to buy more SCS and I'm patiently waiting for it as it feels like a matter of time for the sell pressure to kick in.
vBookie (NFTs)
It very much looks game over for vbookie as they made another loss and indicate that they are giving up, so i consider this a lost gamble/investment not expecting it to return another time.
Sx.Bet (SX)
So I just continue to hold and have my tokens staked earning a bit more of them along the way.
APY Based on Current Price and Dividends from the last 7 days
All these numbers are based on prices of Monday
| Project | APY |
|---|---|
| Sportbet.one (SBET) | +88% APY |
| Betfury.io (BFG) | +16% APY |
| Owl.Games (OWL) | +40% APY |
| Sx.Bet (SX) | +9% APY |
| WINR Protocol (WINR) | +20% APY |
| Solcasino (SCS) | +30% APY |
Personal Gambling Dapp Portfolio
I earned 442$ in dividends last week for holding and staking 5M SBET | 500k BFG | 30k RLB | 26 Defibookie NFTs | 600k OWL | 28.5k SX | 1M WINR | 1M SCS. 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...
I'm not sure if I will make another update next week or next month but I will be back with more GambleFi Numbers and News...
Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using with some allowing anonymous betting with no KYC or personal restrictions...
Play2Earn Games that I am Playing...
Posted Using INLEO
