oddsmaker
/ˈɑdzˌmeɪkər/
NOUN
1. A person who sets odds for gambling
A person who calculates and establishes betting odds for sporting events or other gambling activities, estimating the likelihood of possible outcomes and setting the terms for wagers.
1.1. A professional who establishes betting odds
A person or organization that determines betting odds and wagering lines for games, races, and other events, often using statistics and probability to assess potential outcomes.
Synonyms
- bookmaker
- bookie
- handicapper
Examples
- The oddsmaker adjusted the betting lines after seeing the team's strong performance last week.
- As a seasoned oddsmaker, he analyzed statistics to predict the outcomes of various games.
- The oddsmaker played a crucial role in ensuring that the betting odds were fair for both sides.
Related Words
- betting operator
- gambling operator
- sportsbook operator
- wagering specialist