Adding Betfury.io (BFG) To Gambling Dapp Dividend Portfolio | Weekly Report

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I closely follow Wink.org & Sportbet.one and now also Betfury.io bringing weekly updates on the news and the Returns they are providing...


I already mentioned Befury.io and their BFG token in my report of last week (Link) and I'm testing the waters at the moment making an initial small buy of BFG tokens mostly to better understand the entire platform and model allowing me to get some data in which hopefully will help me to better estimate everything. My main concern remains that BFG tokens can be mined by playing the games on betfury.io which makes it so that there should be less upside potential in the price and decreasing Dividends as more is being staked. There is a limited supply though so at least that is something. The 10000 BFG I bought (I paid around ~217$) provided around 2.6$ of dividends since I started staking them. Despite the seemingly high APY, I'm not sure yet how exactly to value these tokens and if it's worth getting more of them. The extra info I will be getting by tracking everything should make a lot clear and I do plan on making a more detailed post just on Betfury somewhere in the next weeks.


SBET Expected Dividends & Price Increase

I wrote last week how I did still very much like the price of SBET with an anticipated increase in Dividends as more users are finding their way to the platform.

This played out with the price going from 5.4 EOS (27.2$) to 8.21 EOS (31.4$) with a nice dividend payout having everything hold up very nicely even though the crypto market crashed. sportbet.one remains one of the rare projects that still has a very low market cap under 2 Million despite having a working product with a growing user base while nearly all coins in circulation are staked getting their Dividends.

The Price in EOS increased by 52% and the dividends increased keeping them steady around +0.73% weekly or a +38% APY.

My personal bag on SBET is pretty much filled being near the max risk I'm willing to take on any of these very small altcoins that are very high risk in the end.


WINK Update & Dividends

I wrote last week about missing funds from my Live wallet as the new sportsbook that went online completely started from zero no longer having all previous bets show in them.

Overall there was a decrease in dividends again which is mostly down to the crypto market crashing and TRX price going down a lot. I did make a chart of APY based on price of WIN based in Dividends on the week...

On the bright side, the WIN token is still highly liquid with some heavy backing behind it and multiple use cases.

Wink Dividends

It was another week where the Dividends from freezing WIN tokens increased a bit again, it also looks like more WIN is being staked again which inevitably will put pressure on the dividends even if more people start gambling.


When Zooming out looking at the 100-day moving average and dividends payouts in Dollar based on 1M WIN it all looks quite good still. When looking at the current price of WIN based on the short-term returns you are able to get knowing only 6% of the total supply is staked it is a token I right now probably wouldn't buy.


Personal Gambling Dapp Portfolio
I added 10k BGF to this portfolio which now includes 14M WIN / 3M SBET / 10k BFG/ 10k TRX / 22 LIVE | 2271 RAKE. Results were very similar to what was paid out last week despite crypto prices going down a lot thanks to SBET doing well and the little bit extra I got from Betfury.io. I continue to be interested in adding another gambling dapps that pay the losses from the gambler to those holding a token that can't be mined, so if you have one on your radar make sure to let me know...


Full Guides to Decentralized Crypto Bookies I personally use where no KYC is required allowing anonymous betting from any location without individual limits for winning players...

Sportbet.one
Wagerr.com
Wink.org
Betfury.io

I'll be back next week with another update..


Posted Using LeoFinance Beta



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4 comments
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Curious how betfury will perform against your other investments!

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My fear is that they made it look really attractive now as it just got listed with a slow but steady decline along the way. The positive side is that I really like betfury as a gambling site as see it going a long way.

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It will be hard for them to manipulate the div pool. The thing which could have sime impact is that more bfg tokens will flow back to betfury. So the earnings per bfg could decrease!

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