Overtime Markets - Volume

    -- Analyze the total volume on Overtime Markets over the past two weeks. -- Which games received the most activity, both in total users and total $ volume? -- Which sports are receiving the most bets in total dollar volume on a daily basis? Explain your findings.

    Methodology

    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.

    Conclusion

    • Overtime is a very exciting and unique use-case to DeFi, looking forward to see how it goes.
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