SBET for 5+ years has been the biggest holding in my GambleFi Portfolio and it also has been by far the most reliable Dividend-Generating Machine. Here is an east step-by-step guide to Buy SBET, Stake it, and Earn Weekly Dividends...
IMPORTANT: This is only a guide on how to easily get involved and not financial advice, there is always risk involved and you need to be willing to take it at your own behalf. I have my bag filled as currently the 3rd biggest holder so I'm also shilling my own bag!
What is Sportbet.one (SBET) ?
Sportbet is an online bookmaker that is running on-chain and is managed by a centralized dev team. It is very easy to use, as many different cryptocurrencies are accepted. The revenue that is expected based on volume is paid out weekly to those who stake the SBET token, and the team themselves, who hold 72% of the supply, rely on the dividends for their income so they are aligned with the holders of the token. I've been invested in thos project for 5+ years and never had any issue whatsoever both as an investor and as a user of the platform.
SBET Numbers, What To Expect?
I have been tracking the data personally for almost 6 years straight now and here are some charts to give a better view...
The long-term chart comparing the Weekly Price with the Yearly Expected Dividends based on the payout that week. This includes multiple bear markets where the price didn't crash but also bull markets where the price didn't go crazy. SBET delivers solid dividends consistantly and it's for investors who want some stability and a good source of earnings.
Zoomed-in numbers just for 2025 so far
Zoomed-in Numbers for 2020-2021-2022-2023-2024
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2024
2023
2022
2021
2020
Number of Active Weekly Users
Their has been a systematic growth in number of users over the year while at the same time it's still rather small at around 300, with lots of growth potential
Number of SBET Holders on-chain
Price SBET in a Weekly Chart for the last 300+ weeks
Dividend Payouts for Staking 16M SBET in the last 2 Weeks
| 2025 Week 36 Payout | 2025 Week 37 Payout |
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Easy Step-by-Step Guide Buy-Stake-Earn !!!
One of the downsides for the SBET token is that it is run on the EOS Blockchain (now Vaulta) which makes it a couple of steps too far for investors to get in. However, the focus is fully on the dividends, which the team also relies on for their earnings, instead of having a token that is disconnected from the holder incentives. EOS (Vaulta) works perfectly as a blockchain to run a business on, and the end user doesn't have to deal with any of it as an accoun is created for them along with all the resources to do transactions.
All this comes with the 'not your keys, not your coins downside if you want to very easily buy-stake-earn on the platform as the decentralized way is more complex, given that you will have to make your own Vaulta Account and install a wallet to interact. It is very easy to move from the easy staking solution to self-custody later down the line for anyone who would want to test SBET staking out for themselves without anything complicated.
STEP 1: BUY SBET
SBET is trading on only 1 centralzed exchange which is Coinstore and there is limited liquidity. There is a market maker who buys and sell SBET, but it now has only 1.3% of the supply on coinstore, just above 6 Million SBET. So any buys or sells will make the price go up or down quite a bit. Buying 1M SBET with 1 click will push the price up from 0.0058$ to 0.0064$.
Basically if you want to buy or sell a couple 1000$ it's easy to do so but if you want to buy or sell a lot there needs to be a seller or a buyer. Some time ago, one of the whales got out of 19 Million SBET which dumped the price quite a bit but it was all absorbed by buyers coming in. mostly existing holders like me who have know the numbers and have experienced the dividends for many years now.
So to buy, just make an account on coinstore, deposit some funds (preferably USDT as SBET is only trading againt that). It's also possible to deposit SOL/ETH/BTC/... and first trade that for USDT on coinstore to afterward use that to buy SBET.
STEP 2: MAKE SPORTBET.ONE ACCOUNT
Just go to Sportbet.one and either join (where you can select a bonus or a free bet if you plan to bet) or log in, signing up with an e-mail address, with existing social media accounts like Google, Facebook, Twitter (X), or an EOS Wallet like Anchor (which I use) or Wombat
| Join | Log In |
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* Since they offer Bonuses for new users, they need to watch out for scammers and multi-accounts who try to take advantage. this at times results in them banning players and taking back funds. So if you don't plan to bet, just don't take the bonus I would say and also don't try to do any funny business that could lead to
STEP 3: SEND SBET FROM EXCHANGE TO YOUR ACCOUNT
Once you made an account on Sportbet.one, they will have created an EOS (Vaulta) account on your behalf with starts with sbet. That is where you can withdraw the SBET that you bought on Coinstore. You can find this when pressing the wallet button and the deposit tab which will show all the info.
So go to Coinstore and press withdraw on your SBET holdings, which will allow you to send them to your account. The maximum withdrawal that can be done at once is 559k SBET and the fee to withdraw is 666 SBET. At the high APY, though, the fees even on smaller withdrawals, would be earned back pretty quickly.
STEP 4: STAKE SBET
Staking SBET is as easy as clicking the stake button in your sportbet.one account which you can reach by being logged in, clicking your username and the Dividends tab.
There is no cost for Staking or unstaking and also no lockup time, so at any given point in time you will be able to unstake and send the funds back to the exchange or to a self-custody wallet and stake it there.
STEP 5: CLAIM DIVIDENDS
Every Monday, the dividends, which are based on a percentage of the volume that equals expected profit are released and can be claimed in 1 click over at the dividends tab, and they will be moved into your account instantly. You can either use them to bet or just withdraw them once they are at a point where it makes sense, as there are small network costs based on which asset you withdraw.
The Withdrawal fees are always reasonable and directly represent real network fees. Here are some examples of the current fees for different assets
Withdraw USDT to ETHERUM
Withdraw SOL to SOLANA
Withdraw nBTC to BITCOIN
Withdrawals are always instant and I have never had any issue whatsoever. Sending it to an exchange also works without problems.
STEP 6: SIT BACK & ENJOY THE HIGH RETURNS!
Once this is done, you can just sit back and let your staked SBET do the work, earning you nice returns. I initially, 6 years ago, was quite skeptical about the dividends paid out based on volume, fearing that at some point the bookie might have a bad streak and get in problems. However, this never has been the case and this model brings about very stable dividends for those who are staking SBET.
It's quite addictive to keep buying more and more SBET as it has such high dividends and reliability. In a way, it makes sense as you need to know how to buy and stake it with the EOS blockchain probably scaring some investors. While I don't know where it will go to or how it might end, I can see a scenario where more people start using crypto and find their way to Sportbet.one as it is a platform that I enjoy using myself occasionally.
Other Things To Know !!!
- There is a Max Supply of 1 Billion SBET tokens with 500 Million in Circulation. Of that 500 Million, 491 Million is actually staked and is earning dividends, so there is no direct staking pressure to reduce dividends. The devs can still unlock some more SBET but so far they have only done this one going from 400M to 500M which was at the time that they moved to coinstore and needed some liquidity. So they have a trackrecord of responsible behavior not screwing up SBET holders.
You can expect some more to be unlocked, especially if things continue to grow or if they are doing more efforts to grow the number of users which should benefit holders.
- You can check all the holders and the activity on https://coffe.bloks.io/tokens/SBET-eos-sportbetsbet
Especially, it's useful to know who's buying (coinstorehot account) or selling (coinstoreuse account) which helps to predict where the price of SBET in the short-term might go. If someone sells you can check in their wallet how much they have left and also predict the bottom in case it looks like they will sell all their holdings.
- You can also predict the upcoming Dividends by looking at the Dividends Page which show how much of each currency is in the pool at the moment.
For example, now on monday with 6 more days to go in the week before the next payout, 10k Stakes SBET has 0.00023 nBTC in payout while last week in total it was 0.00088 nBTC. So it currently is on course to be around 0.0016 mBTC this week so quite a bit higher. This way, you can keep track of how well the platform is doing and maybe buy (or sell) in case there is a big increase (or decrease)
- You can also track the on-chain activity of bets that are taken on https://coffe.bloks.io/account/sportbet1bet
it shows the overall activity and also the flows into the dividend pools. Everything is tracked on chain and can be monitored.
Conclusion
I have been invested in SBET for 6 Years now, never had any issue whatsoever, and it has been my most reliable dividend-generating crypto asset by far. There is still development going on, and they are about to introduce a new loyalty VIP system to hopefully attract more users. My bag is filled and I have no more FOMO to buy more or FEAR that someone will push the price up as I still see it as very undervalued. If you want to compromise on centralization, it is really easy to buy-stake-earn with the option later on to move things to self-custody. Once you buy your first BET, it becomes very addictive though to buy more!Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using with some allowing anonymous betting with no KYC or personal restrictions...
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