GambleFi Portfolio | Prices Holding Strong During Altcoin Crash!

in crypto •  last year 

I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io), RLB (Rollbit.com), & now also some OPENBET (Openbetai.io) with regular updates on how exactly they are doing showing what can be expected for those interested...

If anything, this portfolio tends to do well during the bad times in the crypto space as the value of the tokens is actually backed up by real yield so it only really makes sense to sell in case the dividends drop a lot. So while many Altcoins did -20% this last week, this portfolio only was down -4.45% while dividends keep coming in week after week.

Openbetai.io (OPENBET)

No much news as the same trend continues with the number of holders declining along with the price which has gotten to a point where it either goes up or goes to zero with a total market cap of just 192k which is crazy cheap in case nothing funny is going on in the background and with the devs. The Revenue Shares are supposed to be done in the 1st 2 weeks of the month and I guess that is the first 14 days of the month as they didn't come on Sunday which was the end of the 2nd week. There is a lot of room for improved communication and transparency from the devs in this project and I can't say it's pretty comfortable to hold quite a big bag even though the fundamentals in the casino with the activity on it and the prospects for the future with the 2nd casino and NFTs as reward incentives look good especially for the marketcap.

So right now I'm waiting another day to see if the 3rd payout will be done an how much it will be which will give a little bit more confidence going forward. If all these trust issues weren't a thing, I would happily buy more but now I would say I'm overinvested given the risk it feels like. The way I see it now, it's hard for it to really go a lot lower unless it goes to 0 and only 1 really good month is needed or 1 medium-sized buyer to get me back above my average buying price.

DateHoldTotal InvestedCurrent ValueTot Dividends% recoveredTotal
24/04/2023201k15669$9400$54.5$0.35%-6215$
02/05/2023201k15669$8975$54.5$0.35%-6640$
09/05/2023259k18145$9865$54.5$0.21%-8280$
16/05/2023273k18675$9363$530.98$2.84%-8781$
23/05/2023300k19727$10177$530.98$2.69%-9019$
30/05/2023300k19727$9337$530.98$2.69%-9859$
06/06/2023300k19727$8533$530.98$2.69%-10663$
13/06/2023300k197277798$530.98$2.69%-11398$

I only Counted 2 days of dividends this week and the new revenue share has not been done yet.


Sportbet.one (SBET)

Nobody sold any SBET last week which means the price didn't change as it has only 1 trading pair against USDT. I am tempted to take some more chips off the table but so far haven't pulled the trigger yet. Ever since I started tracking, the number of holders also went up and even though this only from 1297 to 1334 which isn't massive in 27 weeks, at least it's an uptrend.

Since EOS was one of the coins that got hit quite hard last week, the dividends got quite a hit. There is also less sports going forward in the coming weeks so I don't rule out somewhat of a summer dip in the coming weeks.


Rollbit.com (RLB) & Rollbot/Sportsbot NFTs

With Rollbit right now, it's pretty much a matter of rebuilding the jackpot which was won and went from 707k to 0, and now in the last 4 weeks back close to 200k. In order for me to consider buying more NFTs, prices would need to go way down and I have no intention on selling as I want at least some exposure to this project. Right now my NFT's are close to the value where I bought them at. In 3 days, I'm also able to lock my Sportsbot again and the revenue share payout on that seems to be down quite a bit similar to where it was when I bought it.


Betfury.io (BFG)

As always, little to no news from Betfury who continue to pay out daily dividends which I personally just claim weekly. The current APY ranges around 35% and the only way for this to really go up is if a lot of new players come in which is hard in the current market dynamics.


APY Based on Current Price and Dividends from the last 7 days

All these numbers are based on prices of Monday

ProjectAPY
Betfury.io (BFG)+34.76% APY
Sportbet.one (SBET)+36.14% APY
Rollbit.com (RLB)+25.64% APY
Openbetai.io (OPENBET)+103.97% 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
"Only"' 247.87$ last week in Dividend Payouts but this was due to Openbet not having paid out the Dividends of last month yet combined with the altcoin crash which pushed a lot value down.. The Portfolio includes 6M SBET | 480k BFG | 3227$ worth of Rollbot NFTs | 201k (300k) 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...


The thing to look forward to this week is the 3rd revenue share of Openbet and I will bring report on that in the next report...

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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