Bookie (noun)

1. A person who takes bets on sports events.
2. A person who runs or manages an illegal gambling operation.

Origin:

The word bookie is a slang word and is short for bookmaker, which comes from the phrase "maker of books", referring to a person who takes bets on sports events.

Examples:

1. He placed his bet with the local bookie.
2. The police arrested the bookie and shut down his illegal gambling operation.
3. The bookie was known for setting the odds on the major horse races.
4. Bookies are not legal in many countries and are often associated with organized crime.
5. Bookies typically set their own odds, which can change based on the bets they receive.