The term "odds-maker" refers to someone who sets the odds for betting purposes. Some synonyms for this term include bookmaker, handicapper, oddsmaker, wagerer, and tipster. A bookmaker, also known as a bookie, sets odds and takes bets from gamblers. A handicapper analyzes and predicts the outcome of sporting events and sets the odds accordingly. An oddsmaker sets odds for a variety of events, from sports to politics to entertainment. A wagerer is someone who places bets on events and utilizes odds to determine their potential payout. A tipster provides advice and tips to others on placing bets and understanding the odds.