oddsmaker
Betting probability calculator
An oddsmaker sets the betting lines for sporting events and other contests, determining the point spreads and payouts that bookmakers offer.
The role requires analyzing statistics, injuries, weather, and public sentiment to predict outcomes and balance the betting action: Vegas oddsmakers have the Chiefs favored by three points.
One who assigns advantages
- bookieOne who takes wagers
- sportsbookGambling venue for athletics
- spreadTo distribute widely
- moneylineWager on outright victor
over-under · parlay · teaser · futures · prop bet · juice · vig · vigorish
Estimating future conditions
- predictionForecast of coming events
- projectionSomething that extends outward
- modelingSimulating or demonstrating form
- estimationApproximate value judgment
calculation · likelihood · chance · percentage · expected value · edge · variance · simulation
Sharpened post or share
- betRisked stake on outcome
- accumulatorDevice storing incremental charge
- trifectaOrdered top-three wager
- exactaOrdered top-two wager
quinella · superfecta · pick six · daily double · each-way · hedge · arbitrage · middle
handicapper
One who assigns advantages
- bookieOne who takes wagers
- sportsbookGambling venue for athletics
- spreadTo distribute widely
moneyline · over-under · parlay · teaser · futures · prop bet · juice · vig · vigorish · action
forecasting
Estimating future conditions
- predictionForecast of coming events
- projectionSomething that extends outward
- modelingSimulating or demonstrating form
estimation · calculation · likelihood · chance · percentage · expected value · edge · variance · simulation · algorithm
stake
Sharpened post or share
- betRisked stake on outcome
- accumulatorDevice storing incremental charge
- trifectaOrdered top-three wager
exacta · quinella · superfecta · pick six · daily double · each-way · hedge · arbitrage · middle · proposition
- predictorsforecaster, prognosticator, prophet, seer, soothsayer
- gamingvideo games, buff, games, PlayStation 4, gameplay
- casino peoplecasino dealer, poker dealer, floor supervisor, floorman, casino host