During the last months, I kept a close eye on the Wink.org and the evolution in Dividends. This time I'm taking a closer look on how the EOS Bookmaker Sportbet.one is moving forward.

I have been keeping close track of this project for over 30 weeks now and cost-averaged myself in on their SBET token during that time which makes it that I receive weekly dividends. They are purely focussed on Sports Betting which caused the Dividends to completely crash during the entire lockdown. With more leagues getting underway again, these should slowly start to rise again. The team continued to make progress implementing new features during this period.

• Logins directly with Facebook, Google & Twitter accounts are now possible.

• USDT is now also accepted as currency.

• EOS, SBET, BTC and USDT can now directly be bought without needing to create an EOS account

• Live Streams were added for lower leagues and esports.

• Margins have been reduced this week (by 20%) which means they now offer way more competitive odds. They still are no match for what my main betting broker Sportmarket Pro has on offer, but I will certainly keep an eye out for some bets to take myself on Sportbet.one.

• They also stopped the Affiliate program and are launching partnerships on a case-by-case basis.

Dividends have really suffered though and are currently at around +0.10% on a weekly basis. There is a lot of room for them to go up again and I do expect it to get closer to at least +0.5% weekly again. The number of actual users is also something that really needs to go up. The maximum this year on a weekly basis was 157 different people taking at least 1 bet on the platform. This isn't a lot but at the same time it also shows the room for growth and the potential in case a lot more would be onboarded once crypto goes more mainstream.

Looking at the Price in EOS for 10k SBET and the Expected Yearly Dividends (21-day Average) it is clear to see where the Covid-19 crisis kicked in.

I personally like this project and hoped the price would totally tank because of the situation to buy some more but I guess I was too greedy and some whale had the same idea pumping the price 60% higher on Newdex in anticipation for Dividends to recover. The SBET price (in EOS) is actually up since the start of 2020.

There are a total of 400 Million SBET in circulation (nearly all of the are staked and collect Dividends) out of a total supply if 1 Billion. That comes down to a marketcap of 1 Million on which I potentially still see quite some margin to go up over time as the product they are offering is actually quite solid and the team behind this project gives me the impression to be trustworthy. No Ponzi structure or shady promoting schemes. The only point that concerns me is that dividends are paid out based on volume (3%) and not on actual earnings from bets that come in.

I will continue to closely monitor this project and continue to report on how things are moving along on a regular basis along with Wink which are currently the 2 betting related crypto project I collect Dividends from.

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