Not all too much going on this week and I'm mostly just waiting for the next revenue share of Openbet if there will be any next month (likely the 14th so just a bit over 2 weeks left) I also got myself upto 500k BFG again which I consider a completed position.
Openbetai.io (OPENBET)
No news whatsoever last week aside from the fact that the price actually went up a little bit for the first time after 10 previous weeks where it went down. I guess at some point everyone is done selling as all the OPENBET sold gets added to the liquidity pool which now has near half of the circulating supply in it. Since this doesn't coint toward the revenue share it increases the returns a lot that is if there actually will be revenue share the coming month.
At this point I no longer have any fomo to buy more as I need to see more and regain some confidence first. In the end, the casino they have right now even though it's good is just s skin of owldao and there are many of those around. I will see if I can fully understand the actual relationship between both projects by next week. Openbet say they are working on a 2nd casino from their own which will be on-chain but so far these are only words so before anything is released I remain skeptical.
| Date | Hold | Total Invested | Current Value | Tot Dividends | % recovered | Total |
|---|---|---|---|---|---|---|
| 24/04/2023 | 201k | 15669$ | 9400$ | 54.5$ | 0.35% | -6215$ |
| 02/05/2023 | 201k | 15669$ | 8975$ | 54.5$ | 0.35% | -6640$ |
| 09/05/2023 | 259k | 18145$ | 9865$ | 54.5$ | 0.21% | -8280$ |
| 16/05/2023 | 273k | 18675$ | 9363$ | 530.98$ | 2.84% | -8781$ |
| 23/05/2023 | 300k | 19727$ | 10177$ | 530.98$ | 2.69% | -9019$ |
| 30/05/2023 | 300k | 19727$ | 9337$ | 530.98$ | 2.69% | -9859$ |
| 06/06/2023 | 300k | 19727$ | 8533$ | 530.98$ | 2.69% | -10663$ |
| 13/06/2023 | 300k | 19727$ | 7798$ | 530.98$ | 2.69% | -11398$ |
| 20/06/2023 | 423k | 22606$ | 7255$ | 530.98$ | 2.35% | -14820$ |
| 27/06/2023 | 423k | 22606$ | 8078$ | 530.98 | 2.35% | -13997$ |
In the last week there were only 10 buys/sells combined so very low volume and activity.
Sportbet.one (SBET)
It was yet another good reliable week for Sportbet while at the same time there is very little sign of growth or work being done to improve the product and move things forward.
At currently 5M SBET held, I consider this a long-term bag without any intentions to sell more anytime soon. If it would be the case that Openbet actually takes off, I might rebalance a bit of that into buying back some SBET but at this point that is more hope than anything else.
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
The Jackpot by now has grow back above 300k and there hasn't been a winner in a while. All this should be good for RLB as there is extra incentive to stake into the lottery. At the current price below 0.02$, this caused a -0.111% burn on the total RLB amount which continues to make it deflationary overall.
Right now, the return on my NFTs is just above 30% APY
Betfury.io (BFG)
From what I understand, right now all BFG have been mined so it will be interesting going forward to see how it goes in terms of incentives toward the gamblers to keep the volume and profit up. I did buy 20k BFG extra to get myself back to 500k using some of the profit I took last week on SBET. They also changed the visuals on the Claim staking page and included the total Earned amount so far which for me seems to be over 7k Dollars. That is the thing about these platforms, if you are in them long enough you eventually will get in profit regardless the price of the coins as long as they stay alive and keep generating profit which gets distributed.
APY Based on Current Price and Dividends from the last 7 days
All these numbers are based on prices of Monday
| Project | APY |
|---|---|
| Betfury.io (BFG) | +32.57% APY |
| Sportbet.one (SBET) | +44.35% APY |
| Rollbit.com (RLB) | +30.51% APY |
| Openbetai.io (OPENBET) | +0% APY |
Note: Token prices going up or down have a major influence on the actual returns going forward either amplifying them if they go up or destroying them when the price would dip. These are my personal numbers and RLB varies based on the trait of the Rollbot NFTs you own.
Personal Gambling Dapp Portfolio
Still rather low overall dividends since there were none for Openebet last month. My Portfolio includes 5M SBET | 500k BFG | 2887$ worth of Rollbot NFTs | 423k OPENBET and I have been generating passive earnings this way now for over 175 weeks!. 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...
 |  |  |
|---|---|---|
 |  |  |
  |
  |
  |
 |  |  |
|---|