How much and how can you earn money on Pegaxy?

Welcome to this post, where we are going to see how much and how you can win playing Pegaxy, and all the aspects to take into account.

If you want to know if it is profitable to play and invest in pegaxy, stay until the end to see it. On our site, you can find a guide if you are new and want to know how the game works before investing in it. Also, pegaxy has a scholarship system that is attracting many new players, as they don’t need to invest money to play and start making money. So let’s take a look at it.

How to earn

The main way to earn money in the game is by racing your horses. Each horse can perform 25 races per day. The races consist of 12 horses, and the top 3 get rewards. 1 gets 105 VIS, 2 gets 44 VIS and 3 gets 26 VIS. The others do not get any rewards. The races are automated, so you don’t have to do anything, just click to participate in the race. The winning ratio of a horse is usually between 20-25%. So you will usually win 5 races a day.

The other way is by breeding, if you have a female horse and a male horse, you can breed new horses, up to 7 times for each one. Although it has a cost in the PGX token, if the cost is lower than what you can sell the horse in the Marketplace, it is another way to get a good profit. In addition, you will be able to use the new horse for breeding, thus increasing the number of horses you have. Keep in mind that each time a horse breeds, the increase in PGX increases. Therefore, breeding the first time can be very profitable, but the third or fourth time, the cost for breeding with that horse may be higher than the price that the new horse will have in the Marketplace.

The last way is to rent your horse. The game has a very easy to use scholarship system that does many processes automatically, if we compare it with the scholarships in Axie. You will be able to rent your horse for a fixed price, or for a % of the earnings you get. Both options are very interesting if you have a lot of horses or some days you don’t have time to do the 25 races, and maximize your earnings. In the case of renting for PGX, you can rent it for a day or for a specific time, and after a while you will have the horse back to use it, with the PGX you have paid for using it. In the case of the %, each victory you get the horse, the rewards are automatically distributed in the % that you have indicated. For example, if you indicate 80% for yourself, and 20% for the grantee or person who rents the horse, the VIS that the horse gets is distributed in this proportion. This facilitates the whole payment system, which is a problem in Axie.

How much can you earn

Let’s see what you can expect to win playing. But first, let’s mention that what we will see are estimates with current values. It is very likely that prices will fluctuate and yields will change.

So always take into account the risk and volatility before investing money. Because it may seem very profitable, but if the price of the VIS token drops 80%, the game is no longer so profitable. In addition, there can always be changes in the rewards and these may be less, although it does not have to happen in pegaxy, we have seen it in other very profitable games, as they reduced the rewards received.

Also, you have to take into account the price of a horse, which can vary, and the price you pay for the horse will depend a lot on the return on investment that you can get. We will not focus on breeding functions, as we have another more detailed guide and most players are going to focus on racing and getting their return on these. We will also not take into account renting, although it is another aspect you should consider if you want to buy a horse to play as another alternative to get tokens. With that cleared up, let’s get to it.

Currently, the price of the cheapest horse is around 1,400 USDT or dollars. The win rate or winning % is around 22% on the cheapest horses.

If we take into account 25 races per day for 30 days to have a better estimation on a monthly basis and not just one day, we would win 165 races.

The 165 races depending on the position, we will receive more or less VIS, but we can estimate an average of 50 VIS in each victory, because when we finish first we will get 105, but when we finish 3rd we will win 26, and it is more likely to finish 3 or 2 than in first position. If we multiply 50 VIS by 165 races per month, we get 8250 VIS per month.

At the current price, VIS is at 0.18, and if we multiply it by 8250, we would get 1485$ or USDT. So we would recover the price of the horse, and from here on it would be all profit. This in the unlikely event that everything stays the same. It can go up and the VIS will have a higher price and earn more, or the opposite. So use these estimates and calculations to get an idea, always considering the risk of possible changes or sharp drops in the price of the tokens.

Also, consider the options of renting your horse on days you can not play or do the 25 races, or if you want to expand your horses and use the scholarship system, is another option, where you usually find an 80-20, so you would only be giving up 20% of the profit without having to play or perform any action.

Finally, it is worth mentioning that if you are new to play to earn games and have no experience in them, it is usual to see this type of games with changes every few weeks, or very strong drops in the tokens, in this case in VIS, as they are very inflationary tokens. So, use the estimations considering all the possibilities, and always thinking that the token can fall, or they can start to reduce the amount of VIS you get when you win.

I hope it has helped you to know how much and how you can win in pegaxy, the popular game of the moment. Remember, if you don’t have an account with binance, you can create one just below.