BetFury is it always worth your time?

By c4val3r | french_not_fresh_crypto | 26 Jan 2021


Users have noticed that recently the rewards distributed via stacking on BetFury have decreased significantly. Being based on the profit that the site makes, if the site generates less profit it will share less.
This is the 2nd time I've seen a decrease in the number of BTCs being claimed via the free box. The first one was justified by a rise in the price of Bitcoin at the beginning of December.

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So why reduce the reward again by dividing it by 2 when the price of Bitcoin has decreased since the first division in December? The site generates less profit in Bitcoin, people play less Bitcoin contrary to the explosion of ETH generated by the site. Here is the part that they share with users:

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On the 12/28/20 the share was about 2.79092154 BTC.

Players have to largely protect their BTC and don't dare to bet it anymore. This translates into an incentive to undermine BFG token through BTC and ETH betting. The site wants to increase the amount of BTCs in circulation on the site.

In the long run this leads to a decrease in profitability with the staking of BFG tokens. The time needed to recover the lost BTCs and the lower the rewards, the longer it takes to recover the lost BTCs.
As always, the last entries are the big losers or those who benefit the least but i keep using it.

Stay safe and enjoy your crypto life.

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c4val3r
c4val3r

The worst french football analyst but we talk about crypto here


french_not_fresh_crypto
french_not_fresh_crypto

Hello, Here I give a try to share my learning on the crypto/token world. To explain some cognitive bias that can cloud our judgment. So i'm french and let's pratice. If you want to propose subject I could search on it and give my results here.

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