odds maker

Calculates betting lines

An odds maker sets betting lines and point spreads for sporting events and other contests.

The job requires analyzing statistics, injuries, weather, and public sentiment to establish probabilities that balance action on both sides of a wager.

Casinos and sportsbooks employ odds makers, though the term extends to anyone who calculates likelihood: Political odds makers give the incumbent a slight edge.

Also spelled oddsmaker.

Related

over under · wager · betting · probability · prediction · even money · underdog · favorite · sure thing · longshot · parlays · sportsbook · point spread · sharps · action · juice · vigorish · picks

Categories
Opposites
role in betting transaction

odds makerbettor

One who gambles

gambler · punter · wagerer · sports bettor · player

risk position

odds makerrisk taker

One who accepts uncertainty

gambler · bettor · punter · speculator · plunger

Family

odds, maker, odd, make, makes, made, making, oddly, oddness

Familiarity
Top 500,000
Profile
Timeless · Concrete · Rated PG