Good afternoon everyone, it's Wednesday, or the middle of the week, which by the way is proving to be incredibly hot here in Spain this summer. And as I see it, things are getting worse, because if we continue like this, we'll have to emigrate to other planets, but at 48, I don't think I'll see that.
Well...today I'm bringing you the StakeHouse Den game on the ArcadeColony platform, and I decided to simulate what a $500 investment in the game would be like, considering all the elements involved, from purchasing packs to staking and generating rewards. As you know, StakeHouse Den is a casino game where we can find
Stakehouse slots
Stakehouse roulette
Stakehouse Blacjack
Now I'm going to tell you about the simulation I made, SteakHouse Den, on the ArcadeColony platform.
the idea is that this simulation as I already did and here are the links, https://hive.blog/hive-13323/@wizloge/genesis-league-goals-complete-investment-simulation-with-dollar500 and https://hive.blog/hive-13323/@wizloge/web3-investment-simulation-in-moonkarts-the-roi-i-didnt-expect serve as an approximate guide for those who are thinking of entering this ecosystem and want to understand how their investment could behave over time, but as the name says it is a simulation and I am human and I can also be wrong in some value or number.
Now I'm going to go into great detail about how I spent these $500 and on what products.
1. Buy Lady Luck Packs
- Each pack costs 4 SCRIPT tokens or 4,000 game credits.
- The author on Hive managed to purchase 4.1 SCRIPT tokens for ~6.8 HIVE, which implies that 1 SCRIPT ≈1.66 HIVE.
- If you assume a price around 1.7 HIVE/SCRIPT, then one pack (~4 SCRIPT tokens) costs ~6.8 HIVE.
So let's imagine that hive currently has a price of 0.5, which I set higher than it is now.
- The price per hive would be ≈ 6.8 × $0.50 = $3.40.
- And since I have 500 to spend, you could buy about 147.
Up to this point I think everything is clear and the numbers right now, if I'm not mistaken, are correctly placed.
2. Open everything purchased and stake the packs
- When you open packs, you get NFT cards of different rarities (common, epic, etc.).
- With these cards, I stake them in the "virtual refrigerator" to generate profit, but of course, we're bound to get good ones, since their rarity determines how much $HotSauce you generate daily.
- And now we have to generate profits with roulette, blackjack, and slots, and if things go well (because the bank never loses), we'll earn COL tokens.
So that you understand it much better, my numbers and how long it would take to recover the initial investment
| Element | Estimate |
|---|---|
| Purchased packs | 147 ($3.40 each) |
| HotSauce/day | ~14.7 |
| COL/day | ~0.441 |
| COL/month | ~13.2 |
| Investment refund (~$500) | ~31 years |
As you can see in the table I made, this is very clear if you get to the point where it says ~31 years.
~31 years
Conclusion
Yes, as you can see at first glance, this may seem crazy, but I want to point out that these are mathematical calculations I made, and they can always be exact, since you have to keep in mind that cards with epic or legendary rarity have a much higher HotSauce production, and this is a variation. I also haven't considered the luck factor, since you can multiply winnings within the game's casino, where some players claim to have won significant sums at roulette or slots. And that would give a very different mathematical result. Another option is trading cards on the secondary market, where you can obtain extra benefits if a high-rarity card is in demand by other players. This adds an additional layer of strategy and speculation to the game's ecosystem. And that would also give a very different mathematical result.
This means there are many variables to consider, but what you have to keep in mind is that if all of those variables weren't the case, or if only one variant appeared and the other didn't, the outcome would be the same.
Also, as they say in Vegas (The bank never loses), and one more piece of advice: only invest what you're willing to lose. That's all, gentlemen.
