Overtime Markets Profitable Traders

    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, and much more.

    What is Overtime Market?

    Overtime is a positional market for popular sporting events that operates without relying on a centralized entity like most sports markets. This protocol allows users to purchase positions for their favorite sports teams through the highs and lows of an entire season.

    Methodology

    In this dashboard we will look at the profitability of users of Overtime Markets in the past 2 weeks. Additionally, we will look at how the most profitable users activity breakdown by sport. In this dashboard we will look at optimism.core tables of flipside’s database.

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    Observations

    • Most Overtime users are either being slightly in the red with the seccond larges group being slightly in the green
    • About 3/4th of all positions opened in the past 2 weeks were unprofitable for the users
    • There have only been 4 users in the past 2 weeks that have netted over $1,500 in profits
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    Observations

    • The three most popular sports to bet on using Overtime are Baseball, Football, and MMA
    • In the past 2 weeks all of the top 10 users by profit have made between 1K and 3K in profit from Overtime
    • In the past 2 weeks the top 10 users by profit have med less than 100 bets in total with most of the bets being on baseball games

    Conclusion

    Most Overtime users are either slightly in the red with the second largest group being slightly in the green. There have only been 4 users in the past 2 weeks that have netted over $1,500 in profits. The three most popular sports to bet on using Overtime are Baseball, Football, and MMA. In the past 2 weeks the top 10 users by profit have med less than 100 bets in total with most of the bets being on baseball games. Overall there has been a handful of profitable users with the majority of users losing a small amount on money.