Try Quests to earn cryptoOvertime Markets - Profitable Traders
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.
\n 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.
Identify the 5 most profitable traders on Overtime Markets in the last two weeks. How much has each wallet won by sport?
Methodology:
I used 0x170a5714112daeff20e798b6e92e25b86ea603c1 as Overtime markets contract address for looking for bets transactions on this platform.
According to my analysis, the origin_function_signature of these transacctions are equal to '0x8875eb84', '0x6cc5a6ff'.
So far, using the above method, we can obtain the amount that each user has bet (bet amount), but we must also obtain their received after bet from these transactions (reward amount).
For finding rewards of bets I used origin_function_signature equal to '0x85149258' and event_name equal to 'OptionsExercised'.
In order to calculate the user's profit, we should subtract bet amount from the reward amount.
Everything shown in this dashboard is extracted from this table.
Each row represents the amount of the bets and the amount of the rewards obtained from a game for different users.
This chart shows which sports betting brings more profit for users.
As you can see, most of the profits comes from betting on different Beseball games.
This shows that this sport is popular among the users of this platform and it also shows that people have a good understanding of this competition and can guess the winner of these sport better than other sports.
The order of sports based on the benefits they bring to users:
:1st_place_medal:Baseball
:2nd_place_medal:Soccer
:3rd_place_medal:American football
The above chart show the performance of each game.
The high volume in this chart has different meanings. One of them is that these games usually attract the attention of more users and make them bet more on these games. Another meaning can be that the results of these games are clearer for users than other games.
In the chart above, you can see the performance of each user on Overtime Markets. Fortunately, there is no one who has lost a lot of money, and this is good for the users, that is, they have either made a profit or a little loss.
At the end, we show the five traders that received the highest profit from this platform. The green columns show their profit in dollars and the blue line shows the number of their betting transactions.
:1st_place_medal:0xd7b8008620e24fab97687a2fbf0d3f106c8ccb6a
:2nd_place_medal:0xb4079f1e529309eff78f634cb1a82397547e9d30
:3rd_place_medal:0xebbefa85adb58ae1c44a6db83d3b52315d4aea11
:medal_sports:0x259e094902fd1f5863ede0b3000b97ba93c42e83
:medal_military:0x4cc423d28183e05fbc5c70d1ae3424de4c4aacff