Introduction

What is Thales?

Thales is a protocol that allows for the creation of peer-to-peer parimutuel markets that anyone can join. A Parimutuel Market is a market where the collateral is locked in a pool and the final payout to participants is not determined until after the market-settling event finalizes. There are several types of markets, including Up and Down markets, ranged markets, exotic markets, and Overtime Markets.

What is Overtime markets?

Overtime markets is a fully on-chain sports AMM with Chainlink sport feeds, allowing users to bet on Soccer, Football, MMA, and Baseball.

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.

What is sports AMM?

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!

What Will You Read?

You will read this analysis:

• Top 5 most profitable traders
• Top 5 most profitable sports for traders
• Top 5 games with the most profit for traders
• Top 5 sports with the most profit
• Top 5 games with the most profit
• Top 5 games with the highest number of wins

Method

First, I used the link below in the resources section, I created the JSON file based on tags, contract addresses and game names with Python.

This is how I calculated the profit:

The difference between the payout per game from each wallet from Overtime markets and the payout from Overtime markets per game to each wallet

• payout per game from each wallet from Time Market:

I used table optimism.core.fact_token_transfers and filtered on based

to_address = '0x170a5714112daeff20e798b6e92e25b86ea603c1'

from_address != '0x0000000000000000000000000000000000000000'

raw_amount is not null and BLOCK_TIMESTAMP>= CURRENT_DATE-14

• payout from Time Market per game to each wallet

I used table optimism.core.fact_event_logs and filtered on based

EVENT_NAME = 'OptionsExercised'

event_inputs:value> 0

event_inputs:account::string = origin_from_address

block_timestamp >= CURRENT_DATE - 14

• I sorted the difference of the volumes obtained from the above two scripts based on the largest.
• I also grouped the results based on sports and games.

Profits of the top 5 traders in the last two weeks

• 0xebbefa85adb58ae1c44a6db83d3b52315d4aea11 with ==9.2k== dollars profits.
• 0xbf3cbc3efdfa389bcacdbadc79d6349b81b2593e with ==8.2k== dollars profits.
• 0x4cc423d28183e05fbc5c70d1ae3424de4c4aacff with about ==8k== dollars profits.
• 0x259e094902fd1f5863ede0b3000b97ba93c42e83 with ==5.8k== dollars profits.
• 0xd7b8008620e24fab97687a2fbf0d3f106c8ccb6a with about ==5k== dollars profits.

Profit for top 5 traders by sports in the last two weeks

• The highest profit of the top 5 traders was in baseball sport, which was about 5.8k dollars with 63.4%.
• Among the top 5 traders, 3 traders have profited in baseball, 1 trader in football and 1 trader in MMA.
• The most profit earned in baseball has been about 9.2k dollars.
• Top 5 traders have bet on baseball, football and MMA.

Top 5 games with the highest number of wins and most profit

Top 5 games with the highest number of wins

• The highest number of winners was in Baltimore Orioles vs Boston Red Sox game with ==55== winners and about 35%.

And in order

• Manchester United vs Liverpool => 29 winners and about 18.5%.
• Newcastle United vs Manchester City => 28 winners and about 17.8%.
• Cincinnati Reds vs Chicago Cubs => 23 winners and about 14.6%.
• Arsenal FC vs Leicester City => 22 winners and about 14%.

Top 5 games with most profit

• These 5 games have the highest number of wins and profits, which means that the probability of winning is higher than other games.

The highest profit was in Philadelphia Phillies vs Miami Marlins game with ==6.3k== dollars and about 27%.

And in order

• Cincinnati Reds vs Chicago Cubs => about 6k dollars and 25.2%.
• Seattle Mariners vs New York Yankees => 5.4k dollars and 23.3%.
• Cádiz vs Real Sociedad => about 3k dollars and 13%.
• Salernitana vs AS Roma=> 2.7k dollars and 11.6%.

• Top 5 most profitable traders based on sports and games

Profit for top 5 traders by sports in the last two weeks

• The highest profit belongs to a trader with wallet 0xebbefa85adb58ae1c44a6db83d3b52315d4aea11, who earned about ==9.2k== dollars and 25.4% in baseball and in the game of Boston Red Sox vs New York Yankees.

• Only one of the top 5 traders made a profit in two games, and the rest only made a profit in one game.

  .

Conclusion

• The highest profit belongs to the wallet 0xebbefa85adb58ae1c44a6db83d3b52315d4aea11 with 9.2k dollars profits It has been in baseball and in the Boston Red Sox vs New York Yankees game.
• The highest profit of the top 5 traders was in baseball sport, which was about 5.8k dollars with 63.4%.
• Top 5 traders have bet on baseball, football and MMA.
• The highest number of winners was in Baltimore Orioles vs Boston Red Sox game with ==55== winners and about 35%.
• The highest profit was in Philadelphia Phillies vs Miami Marlins game with ==6.3k== dollars and about 27%.
• Two sports, football and baseball, have the largest number of participants

Resource

• https://api.thegraph.com/subgraphs/name/thales-markets/sport-markets-optimism/graphql?query=query+MyQuery+{ ++sportMarkets+{ ++++address ++++awayTeam ++++homeOdds ++++tags ++++timestamp ++} }