For a moment, even if we believe that gambling is not profitable, how about investing in a gambling token like BFG and making money as its price will rise over time as Betfury grows?
The way my investment on this token progress. I would say that it’s pretty bad investing on casino tokens while the total token supply is not fully diluted because BFG price never grow back everytime new BFG tokens emit to the circulating supply. I invest a lot on casino tokens like BFG, OWL, TFS and FUN tokens around 2021-2022 and none of them bring back my investment even on breakeven point despite I purchased when the price dip.
I use already some of my utility token investment on gambling to be on breakeven and exit while. I get more returns on gambling itself rather than buying casino tokens. I think investing on casino bankroll is much better investment rather than token utility since the profit is so slow and not guaranteed while bankroll investment promised passive income even with small percentage.
A breakeven would be good because it will make investors see they may profit in the upcoming bull market. They did make some changes to the casino but seem not enough to attract more clients. The team realized by now that launching a casino is just the start, the promotion is a continuous marketing promotion.
Breakeven is not actually good on my case since I invested a lot of waiting time on this that make me loss the opportunity to invest on other project that makes me some profit. I’m only breakeven on this token because I gamble my BFG tokens to recover my losses but my investment is already down by huge percentage by just hodling. So I don’t really advise going long term on casino token like this since the hype is already over while there’s a lot of competitors that already existing in contrary when the web3 casino hype started.
I might consider buy back again on this when they release a conrete roadmap focusing on the BFG tokens utility since there’s nothing new feature for BFG tokens that will gain value because the team is not allocating the majority of profits on BFG buyback while they are using the tokens big time for marketing.
Imagine the stress brought up by market fluctuations also for waiting for long time but in the end you get nothing then provably this is really not good since for longest time your money sleep without getting any returns. If you just spend it up on other coins maybe at this time you can earn a lot than receiving nothing.
They just need to have concrete plan and huge updates since if there's no action taken by them then maybe we cannot see a real deal with this token and might other investors will just leave and find another coins or tokens that have much better potential to invest.
However I do not recommend you using the illegal method unless you are ready with the risks like me.