> For the complete documentation index, see [llms.txt](https://polymarketguide.gitbook.io/polymarketguide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polymarketguide.gitbook.io/polymarketguide/markets/structure/question-types.md).

# Question Types

Polymarket questions can be structured in three main ways. Each structure determines how the outcomes are presented.

### Yes/No

Most Polymarket questions are **Yes/No**. You bet on whether an event occurs.

*Examples*: 

* Russia x Ukraine ceasefire by end of 2026?
* New York City Mayoral Election (Zohran Mamdani)
* Top Spotify Artist 2025 (Bad Bunny)

<figure><img src="/files/JujxMyZgEliwsIkQIqK3" alt=""><figcaption></figcaption></figure>

### Either/Or

In **Either/Or** markets, you bet on one of two competing options.

*Examples*:&#x20;

* Warriors vs. Lakers
* Giants vs. Broncos
* Hawks vs Magic Spread (1.5)

<figure><img src="/files/1R8LJaeZru2VacSHcH1h" alt=""><figcaption></figcaption></figure>

### Up/Down

In **Up/Down** markets, you bet on whether a value will end up higher or lower than a set number.

This category also includes **Over/Under** and **Higher/Lower** markets, which follow the same structure.

*Examples*:&#x20;

* Bitcoin Up or Down October 20, 11PM ET
* Trump approval Up or Down this week?&#x20;
* Warriors vs. Lakers: O/U 229.5

<figure><img src="/files/vzAsdV93tmi5C1UWP1xp" alt=""><figcaption></figcaption></figure>

### Single vs. Multi-Outcome

In **single-outcome** markets, the question can take any of the three forms: Yes/No, Either/Or, or Up/Down.

In **multi-outcome** markets, **Either/Or** does not apply, since it represents a single comparison.

#### Multiple Markets

Some events can have multiple related markets.

*Example*:&#x20;

In *Buccaneers vs. Lions*, there are separate markets for:

* **Moneyline (Either/Or):** Who will win: Buccaneers or Lions?
* **Spreads (Either/Or):** Who will cover the spread: Buccaneers or Lions?
* **Totals (Up/Down):** Will the total points be over or under the set line?

<figure><img src="/files/7ZePFukqZuWWLn0W94gM" alt=""><figcaption></figcaption></figure>