Methodology

• Refer to [SQL](https://SQL Credit: https://app.flipsidecrypto.com/velocity/queries/01fffd66-6f99-4d22-8b8a-b2ffb248afa6) for base query
• The SQL query lists and decodes the transactions into various sport tags and teams.
• We only consider the sport tags to find the required metrics.
• The Volume is in Synth sUSD which is equivalent to USD
• For Claim transactions we match the bet transactions against the claim transaction for each game contract by looking at event_name = 'Burned' and origin_function_signature = '0x85149258' -- exerciseOptions

What is Overtime ?

The Sports AMM is one of the most anticipated products built on Thales, as it allows users to purchase positions for their favorite sports teams through the highs and lows of an entire season. With sports such as soccer, football, and basketball on offer, and more on the way such as UFC, Formula 1, Moto GP, you can finally support your favorite team or athlete entirely on the blockchain!

Traders can experience all the fun of sports markets with no KYC, no one taking custody of your funds, and no user registration. No one can be excluded or stopped from using Overtime.

This is the first product available to the public that can boast decentralization, instant liquidity and very competitive odds, all in one place. Overtime is bringing the game to the blockchain.[1]

Total volume on Overtime Markets over the past two weeks

• The total volume seen over the past 20 Weeks is 245.7K $USD
• The majority of the volume comes from MLB - Baseball, a total of ~150K $USD or about 60%.
• MMS is the second most popular sport after MLB with ~38K $USD in volume.

Most active games Which games received the most activity, both in total users and total $ volume?

Volume

• In term of Volume, clearly MLB - Baseball has received the highest volume with a total of ~150K $USD or about 60%.
• MMS is the second most popular sport after MLB with ~38K $USD in volume.

Users

• In term of Users, clearly MLB has been the dominant sport with ~30 Users betting per day.
• EPL Soccer has seen a rise in the number of users betting in the recent days.

Which sports are receiving the most bets in total dollar volume on a daily basis?

• On a daily basis MLB was dominating in the first week, however MMS seems to be dominating few days now, followed by NFT and Serie A on other days.
• Seems like daily bet volume depends on the sport that is being played that day.

Top 5 Most Profitable Trades

• The most profitable trade in the past 14 days is 0xb615967bbfd5ee860ef0f67f14dc6b608e75e497032a02ed417d61aa3bdbbef2 by 0xebbefa85adb58ae1c44a6db83d3b52315d4aea11 for the Boston Red Sox vs New York Yankees Game in the

  MLB - Baseball ⚾️

  , where they Bet 8255.266194 $USD and won17.5K $USD, making a profit of 9.2K.

• The second most profitable trade in the past 14 days is 0x277a6f5f77f21b5cec177ca2256f8dd8095420ee144882f3f59671905dc6adea by 0xbf3cbc3efdfa389bcacdbadc79d6349b81b2593e for the Leon Edwards vs Kamaru Usman Game in the MMS, where they Bet 2.8K $USD and won11K $USD, making a profit of 8.2K $USD.

• 3 out of the the top 5 Trades are from MLB - Baseball.

Top 5 Most Profitable Traders

• The most profitable trader in the past 14 days is 0xebbefa85adb58ae1c44a6db83d3b52315d4aea11 for the Boston Red Sox vs New York Yankees Game in the

  MLB - Baseball ⚾️

  , where they Bet 8255.266194 $USD and won17.5K $USD, making a profit of 9.2K.

• The second most profitable trader in the past 14 days is 0xbf3cbc3efdfa389bcacdbadc79d6349b81b2593e for the Leon Edwards vs Kamaru Usman Game in the MMS, where they Bet 2.8K $USD and won11K $USD, making a profit of 8.2K $USD.

• 2 out of the the top 5 Traders are from MLB - Baseball.

Bonus Metrics

• In the past 14 days, none of the sports have had overall profits.
• MLB - Baseball has the highest number of losses while betting, with a total of 185K $USD in losses.
• EPL and La Liga come in second and third with 60K and 63K respectively.
• What is surprising is if we look at the average profit, then MLS soccer has the highest average loss of 1.4K $USD, followed by La Liga Soccer with 1.1K $USD.
• MLB Baseball on average seems to have the lowest average losses with 566 $USD.
• MLB Baseball has the highest number of betters and the highest number of overall Losses.

Conclusion

• Overtime is a very exciting and unique use-case to DeFi, looking forward to see how it goes.
• MLB seems to be the favourite amongst the betters, possibly due to more number of games, however it has the most losses.
• NFL on the other hand however has lowest average loss per wallet.