Thales Protocol Documentation
  • ℹ️Introduction to Thales Protocol
  • 🏗️Foundational Architecture of Thales
  • ❔Frequently Asked Questions (FAQ)
  • 📜The Story of Thales from Miletus
  • 🛠️For Developers
  • ⚽Thales Sports Markets
    • Revolutionizing Sports Markets
    • Thales Sports Markets Architecture
      • Game Market Smart Contract
      • SportsAMM Smart Contract
      • ParlayAMM Smart Contract
      • Liquidity Providing Smart Contracts
    • Singles Market Making
    • Parlays Market Making
    • Onchain Sports Odds
    • Sports Markets Liquidity Providing
    • Sports Markets Integration
  • 📈Thales Digital Options
    • Introduction to Thales Digital Options
    • Mechanics of Tokenized Digital Options
    • How Thales AMM works
    • Digital Options Liquidity Providing
    • Digital Options Integration
  • ⚡Thales Speed Markets
    • Introduction to Speed Markets
    • Chained Speed Markets
    • Speed Markets Integration
    • Speed Markets Trading Guide
    • Speed Market Deposit Guides
      • Deposit USDC from Coinbase
      • Deposit from Binance Mobile App
      • Deposit from Binance Website
  • 🔵THALES Token
    • THALES Token Info
    • THALES Token Distribution
    • Staking Guide
    • Automate staking with Chainlink Automation
    • Automate staking with Gelato Functions
    • Real Yield
  • ⚖️Governance
    • Thales Governance Structure
    • Thales Improvement Proposals (TIPs)
  • Links
    • Thales Protocol Blog
    • Thales Protocol Discord
    • Thales Protocol Twitter
  • 🗃️Resources
    • Thales Protocol Smart Contract List
    • Thales Media Kit
    • Thales Whitepaper (2021)
    • Smart Contract Audits
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On this page
  • Pinnacle Sportsbook
  • EnetPulse
  • JsonOdds
  • Odds are used to Price Positions
  1. Thales Sports Markets

Onchain Sports Odds

Last updated 1 year ago

Thales Sports markets are not only bringing the game to the blockchain; it’s doing it with some of the best odds available across all sportsbooks. These odds come from Pinnacle Sportsbook, a highly respected bookmaker with customers in over 100 countries. Data for Tennis is provided by EnetPulse, with instant score updates used to price and resolve Tennis markets. Golf tournaments are supported by JsonOdds.

Pinnacle Sportsbook

has been around since 1998 and is considered to be one of the most trustworthy sportsbooks on the internet. The level of security they employ is top notch, with the same strong encryption and security standards used by top financial institutions. It is also one of the few sportsbooks to offer odds on eSports.

Pinnacle calculates their odds by combining old school methods like “power rankings” with cutting edge data analysis. Pinnacle uses individual player statistics, team schedules and past performance along with the interpretation of trends and other factors when creating these power rankings while also relying on decades of data to arrive at their odds.

Pinnacle supplies these odds to which makes them available to Chainlink and the blockchain.

EnetPulse

has provided live data via XML or API data feeds to over 200 international clients for over 20 years. They offer over 80 different sports, with point-by-point data for ATP Tennis used for Overtime's Tennis markets.

JsonOdds

is a simple and modern API for delivering odds for sporting events. made it possible to add data from JsonOdds for professional golf tournaments.

Odds are used to Price Positions

Thales Sports AMM receives these odds on-chain via Chainlink data feeds and uses them to price their positional tokens for each market. Pricing for a single dollar of potential profit is equivalent to the implied win probability of the position, but as a decimal instead of a percentage. If a Home win has a price of 0.60 per 1 dollar of potential profit, you can infer the implied win probability of that position, based off of the data supplied by Pinnacle, is 60%.

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Pinnacle Sports
The Rundown's API
EnetPulse
JsonOdds
TIP-150