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What is an oddsmaker?

What is an oddsmaker? Here are some definitions.

Noun
  1. A person who sets odds for gambling
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Examples
Culver boasts an illustrious career as a bookmaker, oddsmaker and bettor.
As they say, it doesn't take a smart oddsmaker all day to look at a horseshoe.
Mike Battaglia, oddsmaker at Churchill Downs since 1975 and one of horse racing's most respected handicappers, will be an analyst for NBC at the Belmont Stakes.
Oddsmaker looks set to bamboozle the bookies when he lines up in the catterickbridge.

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