Overtime Markets - Profitable Traders
-- Identify the 5 most profitable traders on Overtime Markets in the last two weeks. -- How much has each wallet won by sport?
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]
Top 5 Most Profitable Trades
-
The most profitable trade in the past 14 days is
0xb615967bbfd5ee860ef0f67f14dc6b608e75e497032a02ed417d61aa3bdbbef2
by0xebbefa85adb58ae1c44a6db83d3b52315d4aea11
for theBoston Red Sox vs New York Yankees
Game in theMLB - 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
by0xbf3cbc3efdfa389bcacdbadc79d6349b81b2593e
for theLeon Edwards vs Kamaru Usman
Game in the MMS, where they Bet2.8K
$USD and won11K
$USD, making a profit of8.2K
$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 theBoston Red Sox vs New York Yankees
Game in theMLB - 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 theLeon Edwards vs Kamaru Usman
Game in the MMS, where they Bet2.8K
$USD and won11K
$USD, making a profit of8.2K
$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
- 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.
