I am keeping close track of my Gambling Dapp Portfolio that includes SBET (Sportbet.one), BFG (Betfury.io), Rollbot NFT's (Rollbit.com), OWL (Owl.Games),SX (Sx.Bet), & now also DefiBookie NFT's (Defibookie.io)with regular updates on how exactly they are doing showing what can be expected for those interested...
It was another great week in GambleFi getting an overall +43% APY on the current portfolio value. I am however getting a bit concerned about some possible centralization from Rollbit / Betfury / OwlDao given the fact that I'm from Belgium which generally is listed as a restricted country and i've heard of multiple instances of people getting hit with KYC.
Sportbet.one (SBET)
Another good week for SBET even though similar to what it's been for a long time, the adoption simply hasn't been there to get further adoption
Defibookie (NFTs)
It was the 2nd week of getting dividends from Defibookie and from the looks of it, more is on the way with some bullish tweets
There also was a Performance Indicator announcement for next month which looks like things are trending positively and the overall bet volume is still extremely low with a lot of potential growth to it.
This said, I remain rather skeptical as it feels that they are rather easy to beat by anyone with half a brain. So at some point, I do expect either smart money to come in or for some of the flaws to be fixed. I keep using their bookie with smaller stakes while having my NFTs staked
Dividends were slight highe compared to last week and the floor price of the NFTs have gone up to around 200$+ which is near double the original minting price.
| Week | Invested | Floor | Current Value | Week Divs | Total Divs | Recovered | Total |
|---|---|---|---|---|---|---|---|
| Week 01 | 1424$ | 180$ | 2340$ | 0$ | 0$ | 0.00% | +916$ |
| Week 02 | 1424$ | 156$ | 1927$ | 0$ | 0$ | 0.00% | +503$ |
| Week 03 | 1424$ | 177$ | 2191$ | 13.67$ | 13.67$ | 0.96% | +780$ |
| Week 04 | 1421$ | 219$ | 2708$ | 14.92$ | 28.59$ | 2.01% | +1315$ |
Sx.Bet (SX)
SX continues to work but with low overall dividends and I need to put in some time to understand the delegator stuff to see if it's worth switching to where I'm now which jas a 20% Fee to another one with lower % giving up an entire month of dividends for that.
Owl.Games (OWL)
Another week getting 30$ from having OWL Staked on the site and i'm not back at a point where in case I would sell everything I would be around break even covering all the fees (buy/stake/unstake/sell). If history repeats itsef, the dividend pool needs to be replenished and it will take some time causing divindends to be less next week with likely exactly the same amount put in the pool. I hope at some point they start increasing it or having it directly linked to site revenue.
| Date | Hold | Invested | Value | Week Divs | Total | % recov | Total |
|---|---|---|---|---|---|---|---|
| 08/08/2023 | 395k | 1954$ | 1850$ | 13.76$ | 21.9$ | 1.12% | -82.1$ |
| 15/08/2023 | 400k | 2084$ | 1867$ | 20.40$ | 42.3$ | 2.03% | -171.1$ |
| 22/08/2023 | 400k | 2084$ | 1911$ | 20.80$ | 63.1$ | 3.03% | -106.3$ |
| 29/08/2023 | 400k | 2084$ | 1950$ | 0.55$ | 63.6$ | 3.05% | -66.7$ |
| 05/09/2023 | 500k | 2636$ | 2437$ | 20.30$ | 83.9$ | 3.18% | -115.1$ |
| 12/09/2023 | 500k | 2636$ | 2454$ | 26.77$ | 110.67$ | 4.20% | -71.33$ |
| 19/09/2023 | 500k | 2636$ | 2449$ | 25.00$ | 135.67$ | 5.15% | -51.33$ |
| 26/29/2023 | 500k | 2636$ | 2699$ | 26.17$ | 161.84$ | 6.14% | +224.84$ |
| 03/10/2023 | 500k | 2636$ | 2600$ | 21.15$ | 182.99$ | 6.94% | +146.99$ |
| 10/10/2023 | 500k | 2636$ | 2582$ | 26.1$ | 209.09$ | 7.96% | +155.09$ |
| 17/10/2023 | 500k | 2636$ | 2590$ | 25.05$ | 234.14$ | 8.88% | +188.14$ |
| 24/10/2023 | 500k | 2636$ | 2624$ | 25.62$ | 259.76$ | 9.85% | +247.76$ |
| 31/10/2023 | 600k | 3179$ | 2947$ | 19.95$ | 279.71$ | 8.80% | +47.71$ |
| 07/11/2023 | 600k | 3179$ | 2877$ | 30.43$ | 310.14$ | 9.75% | +8.14$ |
| 14/11/2023 | 600k | 3179$ | 2796$ | 30.55$ | 340.69$ | 10.72% | -42.31$ |
| 21/11/2023 | 600k | 3179$ | 2813$ | 30.65$ | 371.34$ | 11.68* | +5.34$ |
** the High 7% cost to go from buying to having it staked and the 5% tax to sell is fully included in the numbers.
Rollbit.com (RLB) & Rollbot/Sportsbot NFTs
I started buying RLB again but I will be taking these busy off the rollbit platform and likely onto the Solana blockchain to avoid the centralization risk. I did put out an article yesterday on my buy & sell zones along with the reasoning behind it.
I'm also thinking about selling my rollbot as I want to avoid being too much of a winner on the site no longer betting there. The way it looks is that if you are a regular user not winning too much and paying the fees or being invested in the NFTs or RLB there is no issue. If you win a lot though or beat them at their sportsbook and request a big payout, you are hit with KYC which they are very difficult about to pass it and pay you out. This is the biggest downside right now of Rollbit which otherwise is an excellent platform.
Betfury.io (BFG)
Some news on Betfury who introduced crypto staking on their platform up to 60% which does come with a 6x turnover requirement in bets. I'm not sure what to think of it as I doubt it's sustainable and there is so much room for some kind of tricky business with this. It will most likely bring in more money onto the platform though.
The dividends were ok again this week but a bit lower compared to last week.
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) | +59.59% APY |
| Betfury.io (BFG) | +33.40% APY |
| Rollbit.com (NFTs) | +34.40% APY |
| Owl.Games (OWL) | +50.06% APY |
| Sx.Bet (SX) | +4.06% APY |
| Defibookie.io (NFTs) | +27.22% 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
Again a week well above +300$ passive returns over the course of a week on this GambelFi portfolio which has in it 5M SBET | 500k BFG | ~4697$ worth of Rollbot NFTs | 600k OWL | 25k SX | 2708$ worth of DefiBookie 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 with some allowing anonymous betting with no KYC or personal restrictions...
Play2Earn Games that I am Playing...