In the world of crypto, everybody wants to earn passive income. Today, I will be showing you how I earn passive income through BetFury and how you can do the same!
What is BetFury?
BetFury.io is one of the most popular gambling dapps in the crypto space. Whenever you wager your BTC or TRX you will earn BFG tokens depending on the amount that you wagered. Everyday, depending on how many BFG tokens you have, you will earn dividends in BTC, USDT,TRX and BTT.
As you can see, if you have 100k BFG tokens, you will be earning 0.000632 BTC a day, which is $12! That translates to approx. $360/month or $4230/year! This is 100% passive income! As long as you hold BFG tokens, you will be earning dividends daily. The best part is that you can compound your earnings by reinvesting your dividends.
How to Mine BFG Tokens
Before you can start mining BFG you need to deposit some BTC or TRX. If you don't have any, you can use the Free Box to get around 10 satoshis every 10 minutes. There are 2 games I recommend playing to mine BFG tokens: Keno and Dice.
Keno:
Keno is one of my favorite ways to mine BFG. I recommend using "Auto Pick" with a "Low" risk. With this method, you can easily mine over 1000 BFG per $10 BTC. Your wager amount should be your total BTC/200. So if you have 0.005 BTC, you should wager around 0.000025. Same thing applies if you're wagering in TRX.
Dice:
With Dice, I suggest setting it to "Roll Under 95" and have it roll on auto. This one may burn through your bankroll a bit faster then Keno, but its still a very solid way of mining BFG. Once again, your wager amount should be: your total BTC/200.
General Tips/Strategies
1. Don't wager your BFG
This is a common mistake a lot of people make. Many people wager with their BFG directly, instead of through BTC or TRX. This defeats the whole purpose of the platform. The point of BetFury is that you get rewarded whenever you wager your coins. Even if you lose your coins, you will still earn BFG. If you wager and lose your BFG, you don't get any rewards.
2. Gamble only what you can afford to lose
This is more of a general strategy but make sure that you're being responsible. Gambling can be addicting and frustrating so make sure that you're prepared to wager only what you can afford to lose.
3. Compound your Earnings
When you receive your daily dividends you may be tempted to withdraw them to your wallet. I personally recommend reinvesting your earnings by wagering your dividends to further increase your BFG. This will then increase your dividends, allowing you to multiply your earnings!
Furthermore, you should also reinvest your "cashback" earnings. Currently, new members get 2% cashback on every wager that they lose. By wagering more, you can get up to 25% cashback!
Conclusion
Overall, I would say that BetFury is one of the best dapps out there to earn passive income. It's a very credible site (has been running for a year) and is one of the few gambling sites that actually payback its users.
