5 days ago I did start the 100K TRX challenge. In which I try to earn 100K TRX with gambling. I am planning to write an update about this challenge on a frequent basis, most likely each monday!
The goal is to earn 500 TRX per day. With around 200 days left in the year, I would win 100K TRX before we do write 2021!
Overall!
At the moment, I am comfortably ahead of plans. 5 days have passed, so according to the plan I should have won 2500 TRX, but the running total already does stand on 5525 TRX. The first 2 days were a gamblers paradise where all bets just rolled in, but on day 3 the problems did start. Did loose my complete bankroll on Crypcade but had an amazing win on Betfury (+8K). So I still got away with a small profit.
Due to this I did slow down a little bit on day 4 but still made a profit of 1292 TRX. Day 5 was running smoothly until the last hours of the day, this did result in my first loosing day in the challenge but happy that I didn't fire away a complete bankroll on a gambling dapp. Betfury decided to take back around 2500 TRX. Have to be honest, it was my own mistake, I just didn't follow my ground rules. On the other side, I did come back to sense and did acknowledge that it was better not to chase the losses and call it a day!
When I did start the challenge I had around 30382 TRX. This was spread out over Frozen TRX, Liquid TRX and bankrolls on the different gambling dapps. Now at the moment of writing this post, I do have 34018 TRX. As you can see this a less that what I do report as a profit. The reason for that is that I am trying to sell 500 TRX on the market and swap those for Bitcoin or Ethereum. During this past 5 days I have sold 2500 TRX good for 0.004365 BTC. I will try to swap TRX for BTC until I do have swapped for a total of 0.04 or 0.05 BTC. Not sure yet. After that I will start with swapping TRX for ETH or another Crypto.
Gambling Dapps!
Like always there are winners and losers. I would be a great week if I can make a profit on all gambling dapps. But mostly this doesn't work this way!
During the past week I only used 4 gambling dapps actively, another one was only used to collect some dividends.
Let's start with the hardest part and discuss the loosing dapps.
Crypcade
As you can see, the divs did okay with an average of 48 TRX per day, but they are decreasing. I do hope that I will see some stabilization in this.
Most loss was generate by the Dice game. And also here this was pure a result of not following my own ground rules. With a loss of 1719 TRX I was a bad week on Crypcade, but I do know that I can recover these losses, it just wont happen in a day or maybe week.
First thing to do is that I will have to deposit a new bankroll here, but have not decided yet when I will do this. This could be today, tomorrow or next week. I will claim my divs on a daily basis, which should give my new bankroll here a head start.
Also the slots weren't in my favor in the past week, but now worries this all will sort out eventually!
Despite a loss this week, I still like this casino!
Feel free to try it out here:
Crypcade.io
Wink
Secondly another dapp where I did loose some TRX. Here the loss was generated on the third day and again with Dice. But I am slowly crawling out of the hole and I do forsee that next report, Wink will be in the green.
The divs on Wink weren't great last week, this was due a big losing day for Wink and it took 6 days to recover. Negative divs are rolling over at Wink!
I do hope/expect an increase in Divs next week.
Maybe I also should increase my time invested into Poker, not as much to collect massive winning but to increase my Rake holdings. Wink can namely never make a loss on Poker, so that should results into a steady passive income!
888Tron
I do have a love hate relationship with this dapp. I still keep playing there because I do want to hold at least 100 "888 tokens". But with a mining rate of 3170 TRX for one token, it will take some time.
After a slow but positive start on day 2, things went horribly wrong on day 2. Two reasons for that. On one side not a proper bankroll management and on the other side a too small bankroll to start with. On day 4 I did deposit a new bankroll there. This time 1280 TRX, in stead of my starting 500 TRX. And this with a struct betting structure and even stricter bankroll management this did pay off.
The divs here are on the lower side. But each TRX earned with dividends is a TRX which I don't have to win!
A loss of 487 TRX was turning into a profit of 46 TRX. I do hope on another positive week while increasing my 888 holding. Still need to earn 58 "888" to reach my goal!
Betfury
Well betfury was my cash cow in the past week. A whopping profit of 7832 TRX. I do wish that all the coming weeks will be like this but I do know that it wont. Lot's of these profits was cashed and converted into BTC and a new bankroll for Wink and 888Tron.
The divs are also here on the lower side, but twice as much as one 888Tron. Besides that since the launch of Betfury 2.0, I also do earn some small mBTC, did claim my first batch this morning and this was a whopping 0.00000036 BTC. But better than nothing I guess.
Also here the slots were a losing post but all these losses where recovered by Dice. Like written above variance did take a hit on my yesterday, resulting in a loss of 2489 for that day! This could have been worse but should have been less. Lessons learned I do hope!
You can also try to earn some BTC dividends here: Betfury
Next week!
I do hope on an increase passive income. The divs last week were only 312 TRX. I do expect at least to double this, with Wink recovering from their big loosing day. Also I do plan to increase the number of froozen TRX. Last week voting on the SRs did earn me 40.9 TRX. Hope that I can increase this to 45 (I know not a big jump, but step by step).
I also will try to keep on swapping some TRX for BTC. Maybe not an a daily basis but I do want to swap as least as many as this week.
The dice focus will be on Wink, where I do want to recover my losses. With an overall loss of 677 TRX, I do think that it is possible to turn this into green figures!
Overall a profit would be great, but as long as I don't burn myself it will be a blast :)
Cheers,
Peter
