Try Quests to earn cryptoOvertime 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?
What is Thales?
“Thales is an Ethereum protocol that allows the creation of peer-to-peer parimutuel markets that anyone can join. This building block is the foundation of novel on-chain initiatives, from a platform for AMM-based positional markets to immersive gamified experiences”. Source
What is Overtime?
“Overtime is a positional market for popular sporting events that operate without relying on a centralized entity like most sports markets. Thales contracts have been used as inspiration for the new Sports AMM and reliable data feeds from the industry's best oracle Chainlink. 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.
Traders can experience all the fun of sports markets with no KYC, no one taking custody of their 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.” Source
Method
In this dashboard, I’ll analyze:
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the number of deposits, number of unique depositors, and total amount of deposited stablecoin in the past 14 days
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the number of deposits, and the total amount of bet value (of each user)
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the number of withdraws, and the total amount of win value (of each user)
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Total profit of each user
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Total profit of each sport for the Overmarket
*Data presented in this dashboard are for the past 14 days and because of this limit, probably some deposits or withdraws aren’t available here*Depositing in this dashboard means betting
Total Deposit by Users
In Overtime users can start a bet by depositing 4 different stablecoins (sUSD, USDC, USDT, and USDT). The following graphs show the number of deposits, number of unique depositors, and total amount of deposited stablecoin in the past 14 days:
As you can see, these are the top 5 users (by value):
As you can see, these are the top 5 users (by value):
But the highest amount of bets or the highest amount of wins does not mean the highest amount of profit and in order to find that we should compare both sides together (deposits and withdraws). The following graph shows that:
As you can see the highest amount of profit is 9244.73$ and it goes down to -10957.60$.
Overall in the past 14 days, the total amount of user wins was 69.64k$ and the total amount of user loss was 88.22k$, and only 42.9% of bets resulted in wins.
In the following graph, you can see the top 5 users with the highest amount of profit, the number of their bets, the total amount of bets, and the total amount of wins.
and you can see the top 5 of them in the following table:
Of the four types of sports, only one of them did not make a profit for the Overmarket (MMA) and between those three, Football gained the most profit. Overall Overmarket gained more than 18k$ in the past 14 days.
Conclusion
- overall 523 unique depositors deposited more than 775k$ in 2450 transactions
- On Aug 14th, the most amounts of bets had been placed
- The highest amount of deposit is for a user that deposited more than 47.5k$ in 18 bets
- The highest amount of withdrawal is for a user that deposited more than 49k$ in 11 bets
- The highest amount of profit is for a user that won 9244$ in 9 bets
- The total amount of user wins was 69.64k$ and the total amount of user loss was 88.22k$
- only 42.9% of bets resulted in wins
- The most profitable game for the Overmarket was a soccer match - around 4k$ profit
- overall Among all sports, only MMA did not make a profit for the Overmarket
- Football gained the most profit for the Overmarket