For centuries it was the central home of the powerful family, Oddaverjar. The two best known leaders in Oddi were Sæmundur Sigfússon the Learned (1056-1133) and his grandson Jón Loftsson (1124-1197). The famous historian Snorri Sturluson (1178-1241) was brought up and educated in Oddi by Jón Loftsson. It has been suggested that the name of the Edda is derived from Oddi.
- The derivation of Edda from Oddi proposed in 1895 by Eiríkr Magnússon is discussed and rejected by Anatoly Liberman, "Ten Scandinavian and North English Etymologies," Alvíssmál 6 (1996): 63–98, here pp. 67–70. On the derivation of Edda see also Anatoly Liberman, "An Addendum to 'Ten Scandinavian and North English Etymologies' (Edda and glide/gleiten)," Alvíssmál 7 (1997): 101–4, here pp. 101–2.