Definition, Meaning & Synonyms
oddsmaker
noun
ˈädzˌmākər
Definition
A person or organization that sets the odds for betting on events, especially in sports.
Examples
- The oddsmaker set the line for the championship game after analyzing the teams.
- Many sports fans consult an oddsmaker before placing their bets.
- Being a successful oddsmaker requires a deep understanding of the sport and statistical analysis.
Meaning
An oddsmaker determines the probabilities of different outcomes in an event, which helps bettors make informed choices.
Synonyms
- bookmaker
- betting analyst
- linesmaker
