News & Dividend Report | Wink.org (WIN) & Sportbet.one (SBET)

By costanza | costanza | 30 Mar 2021

I continue to closely follow both the Wink.org & Sportbet.one platforms and am bringing weekly updates on the news and the Returns they are providing...

WINK Dividends

I mentioned last week that I took some profit on WIN without an intention to buy it back cheaper anytime soon. The price went from 428$ for 1M WIN to currently 372$ for 1M WIN which is only a 13% pullback. My view remains pretty much the same. With less than 10% of the total supply staked currently, increasing traffic on the platform and higher dividends will likely get suppressed by more of the circulating supply being staked. Right now at the current price based on the dividends last week, WIN only provides 0.29% despite the limited frozen supply.

While USD dividend values are on the rise again and look to be in an overall uptrend, the valuation of WIN right now still seems to be in a place where it's hard to say it is undervalued. I continue to hold on to the 20M WIN I currently have left even though I would not be surprised to see the price go a bit lower the coming weeks.

I have put together a chart showing the yearly expected dividends based on the 21-day moving average compared to the pirce of WIN calculated in TRX

SBET Dividends

Unlike WIN which is at a 285 Million Dollar Market Cap , Sportbet.one with their SBET coin still ranges well below 2 Million so the upside potential is far greater (that also goes for the risk since they still need to get a lot more adoption). Right now they are the far better value proposition to me and I was itching to buy some more when the price was at 0.000868 last week while dividends were looking quite good. It also looks like they started to do a bit more marketing and it was the 2nd week in a row with 100+ individual users. The price went up a bit and the dividends were a bit higher compared to last week so everything is cruising along.

looking at the chart since the lows during the first covid wave where there was no betting whatsoever, things have been quite stable and it would be nice to start seeing a steady uptrend in dividends from here on out.

Personal Gambling Dapp Portfolio

Having sold 3M WIN last week, the absolute returns suffered a bit but they remain above 50$ weekly with 20M WIN / 1.1M SBET / 10k TRX / 20 LIVE | 2271 RAKE in my gambling Dapp portfolio. I have been taking some bets on the Wink.org Sportbook which earned me some LIVE tokens which I started staking. They won't bring in a lot but all these small bits add up. 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 far I haven't found another good one yet. This was the 3rd week in a row getting over 50$ in Dividends.