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.

    db_img

    Introduction

    In this dashboard i went through overtime markets that built on thales and explore some data and activity from it like:

    • Total and Daily Overtime Markets Volume in USD
    • Games with most Activity both in total users and total volume in USD
    • Games Daily Volume in USD
    • Top Sports that are receiving the most bets in USD volume

    I analyzed all the above parts for the past 2 weeks

    What is Overtime Markets?

    Overtime is a Sports AMM (Automated Market Maker). Users can "position" on the outcome of sports matches and cash out any winnings ALL ON-CHAIN. No central bookie or house involved.

    Methodology

    For this bounty i analyze some metrics for overtime markets using flipside data in the last 2 weeks.

    I used Optimism tables to gather the data that i need.

    First i checked the transaction example that was in the question description and found the required contract address : 0x170a5714112daEfF20E798B6e92e25B86Ea603C1 then i used this contract in optimism.core.fact_token_transfers table and gathered the needed data.

    For the last part i mean for analyzing sports i couldnt gather data from flipside tables so i used footprint and bring some information from it in JSON and parse it into flipside query.

    Total and Daily Overtime Markets Volume in USD for the past 2 weeks


    Loading...
    Loading...
    • August 14th had the highest volume than other days in the past 2 weeks with 621K volume in USD
    • The lowest volume was for August 8th with only 4.6k volume in USD
    • last week wasnt very good for overtime markets and didnt record that much volume
    • The volume smoothly rised since August 9th until Aug 14th and the Aug 14th was the highest volume as i said above but volume suddenly dropped like 600k in the next day of Aug 14th(August 15th)

    Overtime Markets had almost 2M Volume from 2 weeks ago until now

    Games with most Activity both in total users and total volume in USD


    • I used optimism.core.fact_token_transfers table and joined it into optimism.core.dim_labels table to find the games contracts
    • these are the top 10 game contracts by volume in USD and number of users
    Loading...
    Loading...

    Games Total Volume Last 2 Weeks

    I took the contracts to to see which contract is for what game and here is the result:

    • 0x6f50fc73057feca16ed86c32192e76fb79d90606 : Boston Red Sox vs New York Yankees ( HOME )

    • 0xecdafbf4e61200ea89c3e43c1bf7e1f6e3763001 : Philadelphia Phillies vs Miami Marlins ( AWAY )

    • 0x110e053cd62763bad8a7591e2f6818ab35fd526d : Boston Red Sox vs New York Yankees ( AWAY )

    • 0xa7eecb95bcefaf1ab7fc2e5777ceaa6e4aec1642 : Buffalo Bills vs Indianapolis Colts ( HOME )

    • 0x79275654af8283eded1a624a7f8df8f6958bb2e4 : Cincinnati Reds vs Chicago Cubs ( HOME )

    • 0xb7b84b5c84c57ecd881623b6bf3d16b995c7a8e9 : Leon Edwards vs Kamaru Usman ( AWAY )

    • 0x144a0f95f6062f07e6f0ef20b54c8e70208d0f60 : Leon Edwards vs Kamaru Usman ( HOME )

    • 0xd76b9176a7594c06f063ba3e9e636c0c8542f0c2 : Philadelphia Phillies vs Miami Marlins ( HOME )

    • 0x9509596197a55e514ef79c2dae6960324a980324 : Nottingham Forest vs West Ham United ( HOME )

    • 0xb4a6939cc5683c00e83bca6017e1cd0a99c0d0a1 : Nottingham Forest vs West Ham United ( DRAW )


    • The highest volume was for Boston Red Sox vs New York Yankees ( HOME ) and the lowest volume was for Nottingham Forest vs West Ham United ( DRAW )
    • Looks like the community did not expect the Nottingham Forest match would be a draw and didn't put so much bets on it
    Loading...

    Games Total Users Last 2 Weeks

    • 0xc40c30d1e96e6d925357fe2289f33ce6793e05b5 : Manchester United vs Brighton ( AWAY )

    • 0x82483e5095d1244bbc4391add3feb213b6953a1f : Manchester United vs Brighton ( DRAW )

    • 0x9a0475765a234e628a90e8113a170abce4d5bfd7 : Manchester United vs Brighton ( HOME )

    • 0x8997330f71bb9cc1606cef5de7291f6d30c44917 : West Ham United vs Manchester City ( HOME )

    • 0x0c3fbbdda44e02879ffa9c9868c96338b98c3727 : Chelsea vs Tottenham Hotspur ( DRAW )

    • 0xdac4a4e7bc112908dc9e66e962feb928fc0357db :West Ham United vs Manchester City ( AWAY )

    • 0x42e0b68055e663abd699150b355e236385979190 : West Ham United vs Manchester City ( DRAW )

    • 0x1adeddc77e0ebf955aea0b5002049d7e773a2229 : Cincinnati Reds vs Chicago Cubs ( AWAY )

    • 0xb5a3db8d284bb9248e76382dcfe119376c2f9282 : Chelsea vs Tottenham Hotspur ( HOME )

    • 0xdaf532113547ff62018f31b7fb7e4bc255515fb9 : Chelsea vs Tottenham Hotspur ( AWAY )


    • Manchester United vs Brighton ( AWAY ) had the most users and Chelsea vs Tottenham Hotspur ( HOME,DRAW ) had the least users
    • Manchester United vs Brighton was a popular and interesting match for users

    Sports That are receiving the most bets in total USD volume


    • For this part i used an extended JSON data from footprint that i mentioned earlier in methodology
    Loading...
    Loading...
    Loading...
    Loading...
    • Soccer is the popular sport in the most days
    • MMA and Football didnt get much interaction in the past 2 weeks
    • Soccer and Baseball had the most users
    • August 21th had the highest number of users for all sports except MMA
    • soccer and baseball had the highest volume for the past 2 weeks
    • Aug 14th Overtime markets had the highest volume for sports
    • Baseball had the highest total volume (121K)
    • Users didnt interact that much with Football in the past 2 weeks
    • Aug 13th and Aug 14th were good days for overtime markets

    Conclusion

    • Overtime markets is a place that built on thales and for placing bets on multiple sports games
    • Aug 14th was a good day for Overtime Markets
    • Baseball is the most popular sport in Overtime Markets
    • MMA isnt that popular in Overtime Markets
    • Manchester United LMAO

    This analytics written by Sbhn_NP#8717 on Aug 23 2022 using flipside data and additional data from footprint.