GambleFi Portfolio | Added 50k WINR!
It was another ok week for Gamblefi with good overall dividends and I ended up increasing my WINR position to a point where it's now my 3rd largest after SBET and BFG.
I was planning to double down on my WINR position at the time that cost around 1 ETH as I'm generally liking what the team has been doing and what the project offers while betting volume has been increasing. However, the fact that the vWINR merge kept being delayed along with an issue with the BRETT liquidity pool which devs said they were going to fixed which still hasn't happened 5 days later kept me off. However, with the price increasing and the feeling of this actually being one of the few crypto projects that fundamentally is undervalued, I did ape in for 50k more WINR at a price around 0.04$.
40 weeks, I did my first small but of 10k WINR at 0.077$ just to test it out and following the development and progress now has me sold that WINR has the potential to become to main infrastructure layer for on-chain casino action.
I do see the current small issues mostly as growing pains as we are still quite early. I do believe the Brett Pool will be fixed by Thursday when the dividends are paid and it looks like the audit of the vWINR migration is finally done. There are also new things on the horizon which should expand the exposure and volume even more. All of this even before any serious marketing attempts.
Volume last week also saw a record high close to 20 Million gambled and the dividends also were solid. However, they will be roughly cut in half once vWINR is merged. I'm not quite sure what will happen and if the vWINR will be unlocked leaving the option for a dump.
The earnings were quite good last week and most of all the volume set a new all-time high close to 20 Million bet
The BRETT balance on Just.bet is not showing properly and it should be fixed soon with actually nice profit made last week again. Hopefully by next weeks report this will be done.
| Date | Brett Pool | Brett Staked | Brett Now | Earnings |
|---|---|---|---|---|
| 12/11/2024 | 186582$ | 10000 BRETT | 11604 BRETT | +1604 BRETT |
| 19/11/2024 | 159763$ | 10000 BRETT | 6878 BRETT | -3122 BRETT *** |
(*** Caused by bug which should be fixed)
Having 50k WINR Staked got me around 26.74$ in Dividends last week. I did add another 50k stake yesterday and 50k vWINR is also coming
If there would be a selloff, I might add 50k more WINR and I also might start compounding earnings into more WINR. I also still plan to make a complete overview guide on the entire projects explaining how to bet, how to stake, & how to provide liquidity.
Sportbet.one (SBET)
It kind of looks like EOS is somewhat 'collapsing' even though the price has gone up. The main and best explorer bloks.io called it quits and no longer will come back while pNetwork seem to end the support for some ptoken which Sportbet made use of. USDT also will no longer be minting on EOS. So everyone who is using these in a decentralized way needs to withdraw them and there isn't even that much time. So from here on out, Sportbet will mint their own BTC/LTC/ETH/USDT on EOS and for 99% of the users who are just depositing funds to bet centralized, nothing really changes.
The dividends as usual were pretty good while the price remains stable. At the same time, it's kind of worrying how EOS seems to continue to become a ghost chain even though everything still works properly.
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
The RLB burn continues at a rapid pace and when it comes down purely on tokenomics, RLB by far is the best token out there. However, there is a major centralization and truct issue which keeps the price low and which makes it hard to really deploy bigger investments in it.
vBookie (NFTs)
Again no real news but the floor seems to be holding quite well on the NFTs
Solcasino.io (SCS)
For the first time there was a big reduction in Staked SCS in the USDC Pool by -13% which increased the dividends a bit. I still keep the same view on SCS in that the combination of sell pressure from the NFTs which need to be given a new use case once all SCS are minted taking from the returns of SCS holders makes it hard to invest. I still keep half of my SCS staked and half liquid to potentially sell but so far it has not really worked out how I hopend and I'm mainly glad that I only got a very small bag of it just to test it out. The Centralization aspect also holds me back.
Sx.Bet (SX)
I see SX. bet as very similar to WINR in that it provides an on-chain experience but instead of a casino it's a betting exchange. They also plan to add casino games in a similar way WINR will implement Sports betting. I did receive double dividends this week (which still come from inflation) and I compounded my earnings of the past month getting 27000 staked sx to 27400 now. All these bits help to slowly but surely increase my earnings from my GambleFi Portfolio.
Owl.Games (OWL)
Nothing new again from Owl and I just continue to slowly but surely get to the point where I earned back the initial investment. So far, I earned back 56.91% of the investment and if I would sell my bag I would be up around 1509$. All of this in a period of 15 months since I made my initial investment.
| Date | Hold | Invested | Value | Week Divs | Total | % recov | Total |
|---|---|---|---|---|---|---|---|
| 08/08/2023 | 395k | 1954$ | 1850$ | 13.76$ | 21.9$ | 1.12% | -82$ |
| 05/09/2023 | 500k | 2636$ | 2437$ | 20.30$ | 83.9$ | 3.18% | -115$ |
| 03/10/2023 | 500k | 2636$ | 2600$ | 21.15$ | 182.99$ | 6.94% | +147$ |
| 07/11/2023 | 600k | 3179$ | 2877$ | 30.43$ | 310.14$ | 9.75% | +8$ |
| 05/12/2023 | 600k | 3179$ | 2851$ | 20.12$ | 421.99$ | 13.27% | +94$ |
| 01/01/2024 | 600k | 3179$ | 3521$ | 25.76$ | 538.76$ | 16.95% | +881$ |
| 06/02/2024 | 600k | 3179$ | 2825$ | 22.16$ | 669.17$ | 21.05% | +315$ |
| 05/03/2024 | 600k | 3179$ | 2464$ | 30.67$ | 784.42$ | 24.67% | +69$ |
| 02/04/2024 | 600k | 3179$ | 2393$ | 31.35$ | 890.48$ | 28.01% | +104$ |
| 07/05/2024 | 600k | 3179$ | 2246$ | 33.40$ | 1040.85$ | 32.74% | +107$ |
| 04/06/2024 | 600k | 3179$ | 2035$ | 33.48$ | 1137.97$ | 35.79% | -6$ |
| 02/07/2024 | 600k | 3179$ | 2098$ | 32.75$ | 1261.09$ | 39.67% | +180$ |
| 06/08/2024 | 600k | 3179$ | 2579$ | 30.66$ | 1398.50$ | 43.99% | +798$ |
| 03/09/2024 | 600k | 3179$ | 2447$ | 23.93$ | 1507.71$ | 47.43% | +775$ |
| 01/10/2024 | 600k | 3179 | 2696$ | 14.77$ | 1614.59$ | 50.79% | +1131$ |
| 05/11/2024 | 600k | 3179$ | 2879$ | 16.13 | 1748.99$ | 55.02% | +1449$ |
| 12/11/2024 | 600k | 3179$ | 2879$ | 29.35$ | 1778.34$ | 55.94% | +1478$ |
| 19/11/2024 | 600k | 3179$ | 2879$ | 30.86$ | 1809.20$ | 56.91% | +1509$ |
** The High 7% cost to go from buying to having it staked and the 5% tax to sell is fully included in the numbers.
Betfury.io (BFG)
It was a nice surprise to see 80$ in earnings from BFG instead of the usual ~70$ and I guess it's mainly because the increase in crypto values.
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) | +48% APY |
| Betfury.io (BFG) | +34% APY |
| Owl.Games (OWL) | +49% APY |
| Sx.Bet (SX) | +17% APY |
| WINR Protocol (WINR) | +72% APY |
| Solcasino (SCS) | +30% APY |
| VBookieSports (NFTs) | +0% 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 and (*) they are based on the minimum suggested by prices which can be way lower than the actual prices.
Personal Gambling Dapp Portfolio
Last week I managed to earn 379$ in passive earnings for holding 5M SBET | 500k BFG | 2 Rollbot NFTs | 26 Defibookie NFTs | 600k OWL | 27k SX | 100k WINR | 60k 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...
Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using with some allowing anonymous betting with no KYC or personal restrictions...
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Play2Earn Games that I am Playing...
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