Betting Entertainment Tools

Key Concepts

This section outlines key terms and concepts essential for market documentation and client implementation of market mapping, ensuring alignment with the Unified Odds Feed (UOF) definitions.

Unified Odds Feed (UOF)

The Unified Odds Feed (UOF) is Betradar’s odds distribution service. It delivers odds data and related information to customers. UOF provides a structured and efficient method for retrieving betting markets, ensuring consistency across different platforms.

XML Feed

The XML (eXtensible Markup Language) feed is a structured format for encoding and transmitting data. XML is widely used in data exchanges due to its machine-readable and human-readable propeties.

Our customers can use the XML feed to:

  • Receive market and odds data in a structured format.
  • Customize configurations based on their platform requirements.
  • Implement market mapping according to standardized rules.

Market

A market represents a specific betting proposition, defined by a set of possible outcomes on which users can place bets. While the structure of a market remains consistent, the same market can appear multiple times within a single event.

Markets are available for:

  • Pre-match betting
  • Live (in-play) betting

Markets retain the same IDs and specifiers across different event stages (upcoming, live, or concluded). Multiple markets may exist within the same event.

Sport Event

A sport event refers to a match, race, or competition. Each event is uniquely identified in the system, allowing for precise market mapping and data exchanges.

Market Structure

A betting market defines a specific opportunity within a match or competition where bets can be placed. Each market has a unique market ID in the Unified Odds model, ensuring structured and consistent market identification.

Markets may contain multiple lines, distinguished by unique specifiers.

Example:

  • Total Goals 2.5 and Total Goals 1.5 are variations of the same market.
  • Both share the same market ID but have different specifiers (e.g., goals=2.5 vs. goals=1.5).

Market Line

A market line represents a specific instance of a market, further refined by specifiers. Market lines are commonly found in handicap and total markets, where multiple variations exist.

Examples:

  • Football Total Goals: 1.5, 2.5, 3.5, etc.
  • Golf Total Strokes per Round: 69.5, 70.5, 71.5, etc.

Each market line corresponds to a unique value within the market.

Specifiers

Specifiers are parameters that uniquely define a market by adding additional information. They ensure uniform identification of markets and their variations.

Specifiers can define:

  • A specific team or player.
  • A specific period within an event.
  • A total value (e.g., goals, points).
  • A handicap value.

Extended Specifier

Some markets require additional information beyond standard specifiers. Extended specifiers provide extra context but do not uniquely identify a market. In the UOF feed, these are labeled as extended_specifiers.

Example:

<market status="0" id="8" specifiers="goalnr=2" extended_specifiers="score=0:1"/>
<market favourite="1" status="-1" id="8" specifiers="goalnr=3" extended_specifiers="score=1:1">