Post
Topic
Board Gambling
Re: 🎲BetFury.io|⚡️Free BTC+BNB|⚡️$3.5mln Staking pool|⚡️New coins every week
by
dwyane36
on 21/05/2021, 23:03:19 UTC
Did you notice the price set by Betfury in their twitter giveaway? It was at ~$350 for 5000 BFG so that gives us approximately $0.07 per token. Will that be the listing price on the exchange? That's too cheap don't you think? The mining price per token is at $1.13 for slots and $3.14 for in-house games as of now so the 5000 BFG should at least be worth $5650.

It's not when you count in the possibility of winnings and play dice with highest odds, real mining cost comes closer to $0.07.
You're probably right. IIRC Betfury's house edge is 2%, and it's approximately 172 sats(~$0.062) at the current mining price of the BFG token. However, I also think that the BFG token might trade much higher after the upcoming listing on an exchange.