HIVE World Cup: Day 1 Recap
Who's getting an early lead? And who is falling behind?
Hey traders! PROPHET NOTES is cooperating with HIVE on the HIVE World Cup tournament. From now on, until the end of the tournament, you can expect a daily coverage of:
Best Trade of the Day
Worst Trade of the Day
Group Standings
and more as we advance to later stages of the tournament.
It’s been only one day, but some traders have already more than 2x-ed their bankroll! It shapes up to be a very volatile and interesting event so let’s do a quick recap of the last 24 hours.
Quick Rules Summary
Traders are now competing in the group phase, in three weekly round. They start every round with a fresh $500 and are ranked against their group by that round's profit. Where they finish earns points — top 10 score, everyone else gets 0.
After 3 weeks, top two traders out of each group (and eight best traders from the third place) advance to knockouts.
Best Trade of the Day
The best trade of the day goes to airdropper2. He correctly predicted that Iran will close its airspace, buying into that trade below 20c. Airdropper2 made a cool $600 on this trade, giving him a pole position across all traders:
Congrats!
Worst Trade of the Day
This title goes to XPredicter. He bought Over 1.5 in the 1st half of the France-Senegal World Cup game. With only one trade, he managed to lose a staggering $437, essentially erasing his chances in the first week of the group stage.
Hopefully, he can redeem himself in the next 2 weeks.
Group Standings
Group A
Group A proved to be extremely competitive with 6 traders turning a profit in the first 24 hours of the tournament.
However, the pole position is flagged for cheating as his positions exceed the $500 cap all traders had to start with. Remember to respect the rules! Edit: it was a bug and 0X357 is in fact in the pole position, successfully trading weather markets!
The second place belongs to Joker_Poly. Joker trades a wide selection of markets, but his biggest win comes from correctly predicting that we won’t see the text of the Iran MOU by June 16th. This single trade made him $100, almost half of his total profits.
The biggest loser of the day is Pisko, a weather trader who lost almost $75 predicting temperatures in Huston. Maybe today will prove to be better for him. We are keeping our fingers crossed.
Group B
Another extremely competitive group. Not only do we have here Airdropper2, who had the best trade of the day, but also Mosesfan, the winner of the previous HIVE tournament.
However, the biggest shocker comes from backtracker. After raking in some quick wins, he managed to lose his entire bankroll of $877 trading over/under on Portugal-DR Congo World Cup game.
Fortunes turn quickly in HIVE World Cup. You are always one trade away from greatness (or failure, as in this case).
Group C
Group C has another trader who made it big in the last HIVE tournament, nicoco89poly, sitting now at the 3rd place. However, it is ClydeCash who managed to profit over $272 and now has the top spot.
He made $180 swing trading the Iran MOU text release market and $75 trading Kevin Warsh mention markets.
The biggest 24h loss belongs to PityokH, who must have watched a really bad weather forecast for yesterday. Hopefully he can turn things around in the next 6 days.
Group D
Group D is more mellow, with only 4 traders completing a single trade since the tournament has started. While me and 2 other traders made only minimal gains and losses, green is on a rip making almost $250.
He is probably the most consistent trader we’ve covered, making his profits across a wide selection of markets. His biggest win was Claude Fable market, where he made $25 correctly predicting a continued US ban of the model.
Group E
Group E has only one outlier. 0xmirza made over $460 and sits comfortably at the pole position. He made almost all of it on a single trade: a spread: Austria(-1.5) where he went on with almost all of his bankroll.
The next days will prove if he can repeat this feat.
Group F
Group F has our laureate of the worst trade of the day. But it also has some gems, with CoffeeLover_pm making almost $240 to date.
He’s made a bulk of his profit trading various World Cup games and a Makerfield by-election in the UK, searching for +EV trades across all categories.
Group G
Group G has the well-know TheGreekTraderHive, who surprisingly lost almost $220 in a single day! He went big on Portugal winning with DR Congo, a game that ended up in a draw. Tough luck:
The pole position belongs to xeny-. He correctly identified the winner of the League of Legends Asia Masters Playoff for a cool $162 profit.
Group H
Group H belongs to Mask4che, who after a day of trading sits at $404 profit. He’s a weather trader who’s already made 67 predictions!
As you can see, there are multiple ways to make it big, but there’s only one way to lose it all. Choose your strategy wisely.
Group I
Group I has 2 traders that really left the field behind: HiveMapper533 with $181 in profit and shiny with $113 in profit.
HiveMapper533 is trading the World Cup and politics, with his biggest wins coming from predicting Republican Senate Primary in Alabama and the winner of France-Senegal game yesterday.
Shiny’s profits come exclusively from trading the World Cup, with the biggest gain totaling $74.
Group J
BeefSlayer_ really left everyone behind, raking in over $530 in profit since yesterday. He’s another weather trader, who made it big on the NYC highest temperature market.
On the other side of the table, LinaBell lost over $230 trading against Hakeem Jeffries to win his Democratic Primary.
Group K
Another competitive group, with three traders making over $100, and a fourth with $91 profit.
Splunsky got his pole position by correctly predicting Iran closing its airspace, netting almost $330 from that trade.
On the other side of the table we have hivetourney, who lost almost $200 trading Portugal-DR Congo game. Looking at how often this one game appeared today, it was quite a setup for a lot of traders who saw Portugal as a clear favorite.
Group L
The last group is mostly dormant for now. However, one trader there managed to lose almost entire bankrol in the first 24h.
Thonka lost it all incorrectly predicting that the draft text of the Iran MOU won’t be published by end of day today. Unlucky.
Wrap Up
It’s been only day 1 and we already have huge winners and huge losers. Can the winners keep their streak? We’ll see soon enough.
See you tomorrow for another HIVE World Cup Recap!