Sports Betting Dictionary
19.07.2023, 09:22
20.05.2024, 11:53
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Understanding Sports Betting: The Role of the Linesmaker

"Linesmaker" is a term that holds significant importance in the sports betting landscape. It refers to an individual who sets the opening odds on a sporting event. Notably, a line maker doesn't accept wagers.

A lines maker, also known as an oddsmaker, plays a crucial role in sports betting. This individual sets the initial odds or "lines" for various sports events. These lines reflect the perceived competitive balance between the competing teams and serve as a starting point for bettors when placing their wagers.

Term Origin

The role of a line maker necessitates an in-depth understanding of the sports they cover, including knowledge of the teams, individual players, and any other factors that could influence a game's outcome. It's important to note that while linemakers determine the initial odds, they do not accept wagers themselves; that role falls to the sportsbook or bookmaker.

Similar Terms

The term "lines maker" likely originates from the action of making betting lines, and it connects closely with other betting terms like "Line" (odds on a particular event), "Spread" (predicted scoring difference), and "Bookmaker" (person or entity accepting bets).

Examples of Usage of ‘Linesmaker’ in Sports Betting

Example 1

The host might explain in a sports betting podcast, "Our guest for today is a professional linesmaker who sets the opening odds on major sports events."

Example 2

In a betting guide, the author could write, "A competent lines maker must keep abreast of all factors that could influence the game's outcome, such as injuries, team morale, and even weather conditions."

Example 3

During a discussion on sports betting, a commentator might say, "The lines maker has set a tight line for tonight's match, indicating that it's expected to be a close contest."

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