Gambling Dapp Dividends Report | Bought 1 Sportsbot NFT & More BFG
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
This was the first week of really tracking the returns on Rollbit.com and the 2 Rollbots that I bought last week. (See Post). RLB Pumped from 0.03091$ to now 0.05248$ which is way too high mostly based on speculation. This brought the expected returns at +55% APY based on the price I paid for my Rollbots. (+45.86% on current value). I do expect the price of RLB to come down again and I will be selling the dividends I get weekly (at least try to as Raydium Solana Exchange combined with my trust wallet doesn't seem to want to swap for some reason).
Buying a SportsBot to Test
I did end up buying 1 Sportsbot just to test out how it works and also be able to run the numbers on that.
I wanted either a Football (soccer) or Formula 1 Sportsbot as those are 2 sports that I tend to bet on actually. The ultimate reason to buy a sportsbot however is the part of the bookmaker profit that is paid out passively. So what I learned about the Sportsbots and how they work is that they have 3 Traits
Profit Share: This is the value of the profit share of the Sportsbook that will be paid out to you when you lock your Sports Bot for 30 days. I each sportssbot gets an equal share of 10% of the overall revenue and up to 20% extra based on the sport and the bit ifself. (not 100% sure though). So if you buy a sportbot you can instantly get the amount that is shown as profit share.
Free Bet: You also get 1 Free bet each time you lock your Sportsbot. This for mine is 20$ and you can choose to either get the full amount that needs to be bet on the sport of your Sportsbot with maximum odds of 2.50 or 50% of the amount on any sports with no odds limit. It also takes some time after locking before you can claim your bet and there is I believe a 6-day window to do so.
Combo Boost: You also get to use 1 Combo boost up to the amount your Sports Bot Supports. Mine has the maximum of +121% but apparently there are some heavy requirements. All bets inside of the combo need to have at least 1.30 odds while you need at least 4-6 selections to get a x1.07 Multiplier, 7-19 to have a x1.21 Multiplier, and 20+ to get the x2.21 multiplier.
So basically this is worthless as low odds combo bets simply have too much juice on them to make them profitable in the long term and the juice gets exponential the more bets get added. Personally, I won't let myself get tempted to take 4 1.3-odds selections to get a 7% price increase.
I got an F1 Bot which I paid 435$ for which was the cheapest and best value bit at the time trading well below the 485 minimum suggested price. That suggestion price by the way goes up and down and is now at 507$ which I probably could easily sell it for since all are trading above the minimum value right now.
The $$ of profit share also has gone up so I should get more next month. Based on the initial payout and the bonus bet value, I calculated the returns of my Sportsbot at 4.28$ weekly the coming 30 days. The the 435$ I paid for it, this equaly around over 50%. Since part of that profit expectation is fixed, there is less room for he price to skyrocket but also limits the potential downside.
Overall I'm quite pleased to be invested in the Rollbit ecosystem even though purely rationally I probably should take profit already. I will just hold on to what I have though and track the returns while keeping an eye for a time when there is actually more value to possibly buy more.
Sportbet.one (SBET)
SBET returns was rather disappointing last week and when looking at the chart there has been a divergence between price (uptrend) and dividends (slight downtrend) which makes me want to take a bit of profit as I have gotten to a point for a while now where I have been overinvested in this platform.
It continues to be the crypto bookmaker I like the most for personal use occasionally though and I do have another bet pending there for the coming weekend.
Betfury.io (BFG)
I did buy 50k BFG extra last week to get the extra dividends from it this week. I did have good timing paying 0.015$ for each BFG while the price spiked to 0.017$ by now. The returns on this current price were +42.52%
So things are picking up for BFG lately which is nice to see after a constant downtrend in price and dividends.
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) | +42.52% APY |
| Sportbet.one (SBET) | +20.96% APY |
| Rollbit.com (RLB) | +45.86% 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
Most of my holdings sit in SBET so that has by far the highest influence on my earnings, I am currently balancing things more. I did receive 235$ last week for holding 8M SBET | 600k BFG | 3204$ worth of Rollbot NFTs. 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 as they allow anonymous betting with no KYC or personal restrictions...
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