Overtime Markets - Volume

    Etimated reading time: 11 minutes

    Introduction

    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.

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

    db_img

    Methodology

    These are steps we are going to take in order to analyze overtime markets for the past 2 weeks:

    1. In the first section we are going to overview the whole market.

    2. Then we are going to show total number of bets, total amount of bets, average amount of bets, median amount of bets and amount of bets on each game for each sport indevisual. Firtst, American football.

    3. Then we will show the excat same parameters for baseball, MMA, and soccer. And we will come up with a quick analysis on each sport.

    4. And for the last part we will compare all four sports together and come up with final analysis and insights.

      \


    Dictionary

    Sport: Type of sports that can be bet on in Overtime Markets.

    Match/Game: Any game that happened between two opponent on a curtain date.

    Amount of bet: Amount$ of bet users put on a game.

    Number of bets: Number of users bet on a game.


    Note:

    • This dashboard’s time is limited to 7/8/2022-22/8/2022
    • There were no data for hockey and basketball for past two weeks. That’s why they are not show on any part of this dashboard.
    db_img
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Overtime Markets for the past two weeks

    As you see on charts and numbers above;

    • In total, 345 games attended on Overtime Markets for the last two weeks.
    • The total number of bet on these games was 1639 bets.
    • The average amout of bet on each game is 588$ but the median shows that half of the games have been bet on less than 94$, it indicates that most of the games doesn’t have a high amount of bets.
    • The highest bet was on a baseball match Boston Red Sox and New York Yankees with 18,152$ bets in total.
    • And the most number of bet belongs to another baseball match between Boston Red Sox and Baltimore Orioles with total number of 27 bets.
    • It seems like baseball fans specially Boston Red Sox’s fans are more into online bets!

    As next step we will analyze each sport indevisually.

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Overtime Markets’ American Football matches for the past two weeks

    • The total number of American football games on Overtime Markets in past two weeks is 25 games and the total number of bets on them was 95 bets.
    • Most of the games have only two bets.
    • The most number of bets on Overtime Markets for American football belongs to the game between Las Vegas Raiders and Minnesota Vikings which held on Augst 13th with 10 bets.
    • The highest bet on Overtime Markets for American football belongs to the game between Buffalo Bills and Indianapolis Colts which held on Augst 13th with 11,000$.
    • Median amount of bets on American football is 62.4$. It means most of the games total bet is less than 63$.
    db_img
    db_img
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Overtime Markets’ Baseball matches for the past two weeks

    • The total number of baseball games on Overtime Markets in past two weeks is 169 games and it’s almost half of the whole games attended on Overtime Markets.
    • Median of numbr of bets is 3 which means at least half of the games has less than 3 bets.
    • Average number of bets on each game is 3.95 bets.
    • The most number of bets on Overtime Markets for baseball belongs to the game between Baltimore Orioles and Boston Red Sox which held on Augst 21st with 27 bets.
    • The highest bet on Overtime Markets for baseball belongs to the game between Boston Red Sox and New York Yankees which held on Augst 14th with 18,152$.
    • Median amount of bets on baseball is 83.4$. It means most of the games total bet is less than 84$.
    db_img
    db_img
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Overtime Markets’ MMA matches for the past two weeks

    • The total number of MMA games on Overtime Markets in last two weeks is 23 games anf the total number of bets is 86 bets.
    • The average amount of bet on each game on MMA is 918$ which is way more than the average amount in all games catagories!
    • Median of numbr of bets is 2 which means at least half of the games has less than 2 bets.
    • Average number of bets on each game is 3.74 bets.
    • Both highest and most number of bets on Overtime Markets for MMA belongs to the game between Leon Edwards and Kamaru Usman which held on Augst 20th with 19 bets and 14,219$ in total.
    • Median amount of bets on MMA is 296$. It means most of the games total bet is less than 296$.
    db_img
    Loading...

    Overtime Markets’ Soccer/Football matches for the past two weeks

    • The total number of soccer games on Overtime Markets in last two weeks is 128 games and it’s second sport attended on Overtime Markets.
    • Median of numbr of bets is 4 which means at least half of the games has less than 4 bets.
    • Average number of bets on each game is 6.16 bets.
    • The most number of bets on Overtime Markets for soccer/football belongs to the game between Manchester United and Liverpool which held on Augst 22st with 24 bets with total amount of 639$.
    • The highest bet on Overtime Markets for soccer/football belongs to the game between Nottingham Forest and West Ham United which held on Augst 14th with 6,286$ with total number of 12 bets.
    • Median amount of bets on soccer/football is 125.5$. It means most of the games total bet is less than 126$.
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    db_img
    db_img

    Summary

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Summary and Insights

    Based on data and analysis:

    • Users who bet on MMA are more seriouse. Median amount of MMA’s bets is musch higher than any other sports on Overtime Markets. Meanwhile the number of bets on MMA matches is lower than other sports. It indicates that users are all or nothing when it comes to MMA matches!
    • Baseball and soccer have the most number of bets. It indicates that most of the Overtime Markets’ users are baseball or soccer fan.
    • Although total number of bets for baseball is the highest but the median of number of bet on baseball games compare to other shows that most of the baseball games are not that intrested.
    • Soccer matches have the highest median and the second highest median amount of bet, after MMA. ==Based on these data, it’s better for Overtime Markets to include more soccer games. It makes more user contribute and put more money on the table, as a result there will be more money for Overtime Marktes!
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    With total amount of $, baseball has the most amount of bet on Overtime Markets.

    With total number of - bets, soccer has the most number of bets on Overtime Markets.

    With total number of - games, baseball has the most number of games on Overtime Markets.

    Loading...

    American Football

    Soccer/Football

    MMA

    Baseball

    All sports review