Bookmaker
(
noun
,
verb
)
(As a noun)
Bookmaker ( noun )
A person who accepts and sets prices for bets on the outcome of sporting events or other events and manages the payments of the winners and losers.
Origin:
The word bookmaker is derived from the word "book" which means a collection of written or printed sheets and "maker" which means one who makes something. hence, a bookmaker is a person who makes and manages bets on sporting events.
Examples:
- I placed a bet with the local bookmaker on the football game last night.
- Many professional gamblers rely on the services of bookmakers to place their bets.
- The bookmaker at the horse track was taking bets on the final race of the day.
- I heard that the bookmaker was offering a good price on the underdog team to win.
- The bookmaker's job is to make a profit by balancing the amount of money bet on each outcome.
(As a verb)
Bookmaker ( verb )
A person who accepts and sets prices for bets on the outcome of sporting events or other events and manages the payments of the winners and losers.
Origin:
The word bookmaker is derived from the word "book" which means a collection of written or printed sheets and "maker" which means one who makes something. hence, a bookmaker is a person who makes and manages bets on sporting events.
Examples:
- I placed a bet with the local bookmaker on the football game last night.
- Many professional gamblers rely on the services of bookmakers to place their bets.
- The bookmaker at the horse track was taking bets on the final race of the day.
- I heard that the bookmaker was offering a good price on the underdog team to win.
- The bookmaker's job is to make a profit by balancing the amount of money bet on each outcome.