# Examples of Betting Markets

This page includes examples of some of the betting markets covered by The Odds API.

# Head to Head / Moneyline Bets

These examples use American odds:

$250 is wagered on a team with odds of -250. If the team wins, the bettor receives a profit of $100, and a payout of $250 + $100 = $350

$100 is wagered on a team with odds of 300. If the team wins, the bettor receives a profit of $300, and a payout of $100 + $300 = $400

This example uses decimal odds:

$100 wagered on a team with odds of 2.5. If the team wins, the bettor receives a payout of 100 x 2.5 = $250, and a profit of $250 - $100 = $150

# Lay Bets for Head to Head / Moneyline

Laying a bet is like taking the position of a bookmaker. A bet is made against a winning outcome. This example uses decimal odds:

If you wager $100 on a team with decimal odds of 2 as a lay bet, you are betting the team will lose. Another bettor is backing your bet by wagering $100 on those same odds of 2. If the team wins, you lose your $100 to the backer (their profit, your loss). If the team loses, you keep the backer's wager of $100 (your profit, their loss), giving you a payout of $100 + $100 = $200

# Point Spread / Handicap Bets

Bet on the winning team after a handicap of points has been applied on each team. This example uses American odds:

A Utah Jazz vs LA Clippers game had point spread odds of Utah Jazz -112 (-3.5 points) and LA Clippers -109 (+3.5 points).
Utah Jazz is seen as the stronger team and is handicapped by 3.5 points. LA Clippers are given a bonus of +3.5 points.
If you bet on Utah Jazz, they will need to win by more than 3.5 points (i.e. at least 4 points) in order to win the bet at odds -112. If you bet on LA Clippers, they can either lose by less the 3.5 points (i.e. lose by 3 points or less), or win the game in order to win the bet at odds of -109.

# Totals / Over/Under Bets

Bet on the total score of the game being above or below a threshold. This example uses American odds:

A Utah Jazz vs LA Clippers game showed over/under odds as over 234.5 points at odds of -109, under 234.5 points at odds -112.
A bet on the over side will win if the total points of the game are 235 or more.
A bet on the under side will win if the total points of the game are 234 or less.

# Outrights / Futures Bets

Futures bets try to pick the final outcome of a tournament or a competition, usually amongst many possible outcomes. Examples include

  • Betting on the winning team of this season's NFL Superbowl
  • Betting on a player finishing in the top 3 of a golf tournament
  • Betting on the next US President amongst the candidates

# Get Started


To discover the sports, bookmakers and markets that we cover, the first thing you will need is an API key

Get a Free API Key →

To get started with the JSON API, see

To bring bookmaker odds into your website with a simple HTML tag, and to monetize with bookmaker affiliate links, checkout the Odds Widget

To get sports odds in Excel or Google Sheets at the click of a button (no coding needed), see